06252016Sat
Last update: Sat, 25 Jun 2016 10pm

Americas

Markets - Equity - Americas

TSX falls as falling oil and global worries weigh TORONTO: Canada's main stock index fell in early trade on Monday as energy shares pulled back with oil, and investors fretted about the possibility of Britain voting to leave the European Union. The Toronto Stock Exchange's S&P/TSX composite index was down 39.44 points, or 0.28 percent, at 13,998.10 shortly after the open. Eight of its 10 main groups were lower. Copyright Reuters, 2016 ...

Markets - Equity - Americas

Shares of Brazil's Oi tumble on CEO exit amid debt restructuring SAO PAULO: Shares of Brazilian telecommunications company Oi SA fell 15 percent on Monday after the unexpected resignation of its chief executive, raising concerns about negotiations to restructure its huge debt load. Chief Financial Officer Marco Norci Schroeder took over as chief executive on Friday after the resignation of Bayard Gontijo, who was leading talks with bondholders. Copyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks flat as LinkedIn surges on Microsoft takeover NEW YORK: Shares of LinkedIn shot up on news of its $26.2 billion takeover by Microsoft on Monday, but US stocks held near flat on a down day on most global bourses.LinkedIn surged 47.3 percent following the all-cash offer by Microsoft in a deal that will make the professional networking company an independent organization within Microsoft. Microsoft lost 3.2 percent.About 30 minutes into trade, the Dow Jones Industrial Average was at 17,858.56, down less than ...

Markets - Equity - Americas

TSX ekes out gain as materials rise TORONTO: Canada's main stock index inched higher on Monday as gold miners and other materials stocks gained on fading expectations for a US interest rate hike and global jitters about whether Britain will vote to leave the European Union. Financial stocks weighed heavily, following Asian and European shares lower as investors worried that a "Brexit" could tip Europe back into recession. Brookfield Asset Management declined 2.5 percent to C$44.43. Bank of Montreal declined 0.5 percent ...

Markets - Equity - Americas

US stocks join global selloff as 'Brexit' fears mount NEW YORK: US stocks joined a world equity selloff Friday on global growth fears and anxiety about the upcoming British vote on exiting the European Union.Especially hard-hit sectors included banks, which faltered on diving yields on bonds issued by the US and other governments, and energy, which suffered due to falling oil prices.Analysts said global growth worries have been exacerbated by the June 23 "Brexit" vote in Britain, with some new polls showing gains for ...

Markets - Equity - Americas

TSX falls as oil retreats TORONTO: Canada's main stock index fell in early trade on Friday as energy stocks retreated with oil prices and global equity markets broadly moved lower. The energy group retreated 2 percent as oil slipped from 2016 highs hit earlier in the week.The index was on track for a 0.7 percent decline over the week. Canadian Natural Resources declined 2.4 percent to C$37.165.The company and Cenovus Energy both said they had restarted operations at oil sands ...

Markets - Equity - Americas

TSX down with oil, banks fall on bond yield dip TORONTO: Canada's main stock index fell on Thursday as a pullback in crude oil prices weighed on energy stocks after three days of gains that pushed oil to 2016 highs. Financial stocks also pulled the Toronto Stock Exchange's S&P/TSX composite index lower, hurt by a fall in global bond yields as investors moved on waning expectations of higher US interest rates. The most influential movers on the index included Manulife Financial, which declined 2 percent ...