Malcolm Morrison

Solid Canadian retail sales, U.S. house resale data helps boost stock markets

TORONTO - The Toronto stock market racked up solid gains late Monday morning as a weaker U.S. dollar boosted commodity prices while investors were also encouraged by the latest U.S. housing data. T...

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Investors to get updated look at banks' financial health starting next week

TORONTO - The Toronto stock market is entering the last full week of November trading amid another wave of worry about the strength of an economic rebound, while investors will get a look at the healt...

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Economic concerns, rising U.S. currency push stock markets, crude oil lower

TORONTO - The Toronto stock market closed slightly lower Friday, pressured by falling energy stocks as demand concerns and a rising U.S. dollar pushed crude prices down. The S&P/TSX composite index...

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The Canadian Press Business News Budget for Thursday, Nov. 19

BUSINESS EDITORS: Here are CP Business Budget lines at 10 p.m. ET. Moved TORONTO _ With three of Canada's biggest banks lowering mortgage rates again this week, economists are warning that lending rates for home buyers are...

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Investing in classic cars can be fun

By Malcolm Morrison, THE CANADIAN PRESS Owner David Grainger poses with one of his restored classic antique cars at The Guild of Automotive Restorers business in Bradford, Ont., on Monday, Nov. 16, 2009. "Unlike pork bellies,...

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Stock markets close lower amid indications of subdued economic recovery

TORONTO - The Toronto stock market finished lower Thursday on worries about the pace of an economic rebound, downgrades in the tech sector and concerns about financial stocks after two major instituti...

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Business staffing plans for Tuesday, Nov. 17, 2009

BUSINESS EDITORS: Here is The Canadian Press Business staffing advisory as of 4:30 p.m. EST. Another story, BC-BOOKS-Kindle-in-Canada, 3rd Writethru Budget has moved Business (B) and Entertainment (E). TORONTO _ Despite a...

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Resource stocks likely to support TSX at the open; inflation rises in October

By Malcolm Morrison, The Canadian Press A masked woman walks in front of an electronic stock board of a securities firm in Tokyo. Japan's benchmark Nikkei 225 stock average lost 53.13 points to wrap up the day at 9676.80. (THE...

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Better than expected U.S. retail sales data sends stock markets higher

TORONTO - U.S. retail sales data and more signs of strong growth in Asia sent North American markets higher. The S&P/TSX composite index moved up 104.58 points to 11,512.26. In the U.S., rebounding...

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Reading on U.S. consumer spending likely to set the tone on markets this week

TORONTO - The latest reading on consumer spending activity in the United States will likely set the tone for trading on stock markets this week. U.S. retail sales for October are released Monday an...

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