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A prominent U.S. short seller has targeted Montreal-based engineering firm WSP Global and believes its stock is overpriced upwards of 50 per cent. Spruce Point Capital Management issued a “strong sell” position against WSP as it raised concerns about the “...

The bond market rebounded from session lows, with Jerome Powell only reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any major new ground, Wall Street got...

BlackBerry Ltd. says it lost US$56 million in its latest quarter, compared with a loss of US$495 million a year ago. The Waterloo, Ont.-based technology company, which reports its earnings in U.S. dollars, says the fourth-quarter loss amounts to 10 cents U...

Policymakers could find high energy prices concerning Get the latest from Naimul Karim straight to your inbox Sign Up Oil prices reached their highest levels in five months this week, and economists say that could make the Bank of Canada a “little con...

Many don't understand how to maximize tax refunds, fail to ensure deductions on paycheques are accurate We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Many taxpa...

Stocks fell as bond yields rose after solid economic readings and a rally in commodities spurred speculation that major central banks will keep interest rates higher for longer. In a revival of the “good news is bad news” trade, better-than-estimated data...

Here are five things you need to know this morning: Oil price tops US$85: The price of the North American oil benchmark has topped US$85 a barrel for the first time since October as OPEC production cuts couple with an uptick in demand. The most heavily tra...

Enbridge Inc. sold US$3.5 billion of debt on Tuesday following a downgrade last week by Moody’s Ratings. The longest portion of the four-part bond offering, a 30-year security, will yield 145 basis points over Treasuries, according to a person with knowled...

Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks  MARKET OUTLOOK: We remain bullish on the outlook for Canadian energy stocks as we expect oil to trade in a roughly US$70-$80 West Texas Intermediate (WTI)...

As Walt Disney Co. looks set to conclude a showdown over the composition of its board, bulls have sent the stock soaring.   The shares have rallied nearly 35 per cent this year, more than triple the gain of the S&P 500 Index. Buoyed by better-than-expected...