MONTREAL – The CEO of Valeant Pharmaceuticals International Inc. on Wednesday presented investors with a company that’s cutting earnings and purchasers forecasts, abandoning price increases, focusing on reducing debt and promoting its research and development spending. The end result: The marketplace wants it. Over the course of the Laval, Que.-based ...

It’s a good thing for Donald Trump that Canadians don’t get to vote in the usa. Apparently, we do not like him very much. A recent poll from Nanos, which asked Canadians which presidential candidate would be best for Canada’s interests, shows that a proper plurality (37 per cent) would ...

Like a number of other forecasters, CIBC World Markets has been reducing its outlook for both Canadian and global growth because the second half of 2014. While economic projections aren’t all that grim, worries is clearly evident on the stock market floors in New York, Toronto, Shanghai, as well as ...

There are plenty of reasons why gold has been among the best-performing assets in 2016, including volatility in global equity markets and investor uncertainty. Whether or not bullion continues this winning streak is anybody’s guess, but there is a case to be made for the rally to fizzle, as well ...

Falling base metal prices are putting major pressure on producer balance sheets, specifically for those miners which are carrying a lot of debt. Canaccord Genuity analyst Peter Bures is among those cautioning investors to be really careful in this sector at this time. “With producers feeling the squeeze of over-levered ...

Bank of Nova Scotia might be signaling a shift in international focus with Friday’s acknowledgement the Canadian bank is considering strategic options for a 49 per cent stake in Thai lender Thanachart Bank. In a study titled “Beginning from the End for Scotia’s Retail Banking Exposure to Asia,” Barclays analyst ...

The strong opening weekend at the box office for Star Wars: The Force Awakens could boost profits at Disney world Co. by US$1.1 billion, and it also offers the company with another franchise to leverage across its consumer products and parks businesses. After collecting US$238 million in Canadian and U.S. ...

The low oil price environment has reduced demand for new airplanes, weight loss efficient models dwindle important from an overall cost perspective. So despite strong passenger traffic, this should eventually cause a reduction in order backlogs for the likes of Boeing Co. That’s one reason why Canaccord Genuity downgraded Boeing ...

It won’t take as long as the U.S. presidential election, however the battle for the minds and hearts of shareholders of Taseko Mines, underway for 2 months, has two months to operate before the final showdown on May 10. And halfway through, Chicago-based shareholder Raging River Capital – that is ...

Martin Shkreli resigned as chief executive officer of Turing Pharmaceuticals AG following his arrest on securities fraud charges Thursday. Shkreli is going to be replaced on an interim basis by Chairman Ron Tilles, Turing said Friday inside a statement. “We wish to thank Martin in order to us build Turing ...