Robert Mcwhirter News
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Canadian stocks rose as industrial and energy shares advanced amid improving confidence in economic growth in the U.S., the country’s largest trading partner.
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Allen Chan’s resignation as chief executive officer of Sino-Forest Corp., which is accused of exaggerating timber holdings, marks the second time in 22 years the Chinese entrepreneur has lost control of a company he founded.
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Canadian stocks rose to a 19-month high, erasing losses from earlier in the day, as energy companies rallied and BlackBerry surged on takeover speculation.
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Canadian stocks fell the most in two months as metal and crude oil prices dropped on a stronger U.S. dollar and Canadian National Railway Co . failed to boost its profit forecast.
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Canadian stocks rose, paring their first yearly loss since 2008, as financial and energy shares gained.
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Canadian stocks rose, completing their biggest weekly gain since July 2010, as medium-sized energy companies advanced after the U.S. reported an increase in retail sales.
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Canadian stocks fell after the government blocked Petroliam Nasional Bhd.’s C$5.2 billion ($5.23 billion) takeover of Progress Energy Resources Corp., casting doubts on Cnooc Ltd.’s bid for Nexen Inc.
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Canadian stocks fell for a second day, led by financial companies, after Canadian retail sales and U.S. home prices decreased.
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Canadian stocks fell for a second day, led by financial shares, as concern increased that the debt crisis in Europe will spread to more countries.
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Canadian stocks rose for a third day, led by gold producers, after U.S. Federal Reserve Chairman Ben S. Bernanke said he sees signs the economy is improving and U.S. initial jobless claims declined.
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