Daily News

U.S. stocks dropped the most in two months and Treasury yields retreated after First Republic Bank’s disappointing earnings and potential assets sale rekindled worries that the banking crisis has not run its course. The S&P 500 lost 1.6 per cent in afterno...

Brett Girard, chief financial officer and portfolio manager, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: Conflicting macroeconomic news has kept the major markets largely range-bound since Halloween. By Friday...

Brandon Brot has found himself much sought after at dinner parties and other gatherings over the past year. Brot, the principal at GIC Wealth Management, which currently has over $500 million under management, says enquiries related to Guaranteed Investmen...

Google parent Alphabet Inc. reported first-quarter results that exceeded analysts’ estimates, demonstrating that its search advertising business is so far weathering the economic downturn and increased competitive threats. Sales, excluding partner payouts,...

While analysts broadly expected investors to react positively to Canadian National Railway Co. latest quarterly results, shares slumped amid concerns that a possible recession will weigh on Canada’s biggest railroad’s balance sheet. The Montreal-based rail...

Microsoft Corp.’s third-quarter profit and sales surpassed projections, fueled by resilient corporate demand for its mainstay cloud-computing software and services. Shares jumped more than 5 per cent in late trading. Profit was US$2.45 a share in the perio...

Canadian National Railway Co. announced a new North American container shipping service Monday, upping its financial forecast for the year on the heels of record first-quarter revenues brought on by a bumper grain crop and higher oil prices. Dubbed Falcon...

Canada's main stock index was down more than 200 points Tuesday with broad-based losses led by energy, while U.S. markets also fell.  The S&P/TSX Composite Index was down 236.87 points, or 1.15 per cent, at 20,439.87. In New York, the Dow Jones Industri...

Visa Inc. saw overseas spending on the firm’s cards unexpectedly accelerate in the first three months of the year, as the payments giant benefited from an increase in global travel.  Cross-border volume jumped 24 per cent in the fiscal second quarter, topp...

First Quantum Minerals Ltd. says it earned US$75 million in the first quarter of 2023, down more than 80 per cent from $385 million for the same quarter a year earlier. The Toronto-based company said it saw a difficult first quarter, with production at its...