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SNC-Lavalin stock takes a new tumble after credit downgrade, political flare-up

SNC-Lavalin stock takes a new tumble after credit downgrade, political flare-up

MONTREAL — SNC-Lavalin Group Inc.'s stock fell again after Standard & Poor's downgraded its credit rating to junk status. Shares in the engineering giant closed down 24 cents or 1.4 per cent to $16.
New 'Matrix' film set with Keanu Reeves and Lana Wachowski

New 'Matrix' film set with Keanu Reeves and Lana Wachowski

LOS ANGELES — Keanu Reeves and Lana Wachowski are returning to the world of "The Matrix." Warner Bros. Pictures Group chairman Toby Emmerich says Tuesday that a fourth "Matrix" is in the works.
TSX snaps two-day recovery ahead of interest rate news from Federal Reserve

TSX snaps two-day recovery ahead of interest rate news from Federal Reserve

TORONTO — Canada's main stock index snapped a two-day recovery on Tuesday as market volatility continued ahead of interest rate news this week from the U.S. Federal Reserve.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,213.31, down 90.74 points ). Barrick Gold Corp. (TSX:ABX). Materials. Up 76 cents, or 3.15 per cent, to $24.88 on 5.7 million shares.
Manufacturing sales beat forecasts in June despite falling 1.2%, says StatCan

Manufacturing sales beat forecasts in June despite falling 1.2%, says StatCan

Canadian factory activity beat expectations in June as manufacturing sales fell 1.2 per cent to $58 billion, led lower by a drop in the petroleum and coal product and food industries, Statistics Canada said in a report Tuesday.
Huawei expects no relief from US sanctions but is confident

Huawei expects no relief from US sanctions but is confident

SHENZHEN, China — The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S.
Canadian banks to report 'solid' quarter amid trade tensions, strong employment

Canadian banks to report 'solid' quarter amid trade tensions, strong employment

TORONTO — Trade uncertainty may weigh on the Canadian banks' upcoming financial results, but strong employment numbers on both sides of the border and a continued boost from their international footprints will likely result in a "solid" quarter, anal
Transat continues to back Air Canada bid following comments by Peladeau

Transat continues to back Air Canada bid following comments by Peladeau

MONTREAL — Transat A.T. Inc. repeated its recommendation that shareholders support a takeover offer for the company by Air Canada after Pierre Karl Peladeau hinted he may make an offer.
Canadian clean-tech firm claims its oil ‘magnet’ is best at spill response

Canadian clean-tech firm claims its oil ‘magnet’ is best at spill response

The product attracts hydrocarbons, acting more like a magnet than a sponge