![]() In addition, CircleBlack links whatever technology providers best support each advisor's unique business model in one seamless and integrated package. You are contributing to debate and discussion, and helping to make this website a more open place.,, Company NameĬircleBlack is a wealth innovation company that is focused on delivering modern technology that strengthens the bond between advisors and their clients. Thank you for following these guidelines and contributing your thoughts. We will not publish comments that link to outside websites.If you're using an alias, make sure it's unique.We will not publish: Comments written that are poorly spelled or are written in caps or which use strange formatting to get noticed.We screen for comments that seek to spread information that is false or misleading.We will not publish comments that are profane, libelous, racist, or engage in personal attacks.Preference is given to commenters who use real names.Please be advised:Ĭomments are moderated and will not appear on site until they have been reviewed.Ĭomments are not open on some news articles Bell Media reserves the right to choose commenting availability. Bell Media reviews every comment submitted, and reserves the right to approve comments and edit for brevity and clarity. The base metals sector dipped 0.08 per cent as the March copper contact was three cents lower at US$2.58 a pound. The March contract in New York fell $1.47 to US$46.31 a barrel as supplies jumped to an 80-year high of 10.07 million barrels versus the 2.7 million barrel rise that had been expected. The TSX energy sector rose 0.9 per cent even as oil prices fell sharply amid Department of Energy data showing a much greater than expected rise in U.S. in a friendly cash-and-stock deal worth US$5.4 billion. through an agreement to buy Los Angeles-based City National Corp. Mining stocks were mixed as the gold sector inched up 0.1 per cent as the February bullion contract ran ahead $7 to US$1,300.70 an ounce.įinancials were also positive but Royal Bank (TSX:RY) fell $1.90 to $74.71 as it moved to grow its wealth management business in the U.S. However, CP also warned that 2015 profit could miss analysts' estimates as the slump in oil prices could affect crude shipments. Industrials were ahead 1.75 per cent but as Canadian Pacific Railway (TSX:CP) shed 61 cents to $226.35 as it posted quarterly net income of $451 million, or $2.63 per share, up from $82 million, or 47 cents a share, a year earlier.Īdjusted earnings were $2.68 per share, 11 cents ahead of estimates, while revenue of $1.76 billion beat forecasts of $1.732 billion. The TSX tech sector was up 1.8 per cent as BlackBerry (TSX:BB) shot up $ or per cent to $ after the Financial Post reported that Samsung Electronics is actively pursuing a plan to take over or buy a significant stake in the Canadian company. HollisWealth Ancaster We believe your success relies on the relationship you have with your advisor, the advice you receive to improve your life, and the fees you pay to achieve your life goals. New York markets also registered strong gains as the Dow Jones industrials rose 259.7 points to 17,813.98, the Nasdaq climbed 82.98 points to 4,750.4 and the S&P 500 index gained 31.03 points to 2,063.15. The gains from the past two sessions have lifted the TSX back into positive territory for the year. The currency lost 0.45 of a cent to 80.62 cents US on Thursday.īut the rate cut helped push the TSX up 252 points on Wednesday. The Canadian dollar was lower after the ECB announcement, adding to the 1.5 cent tumble Wednesday following the Bank of Canada's surprise quarter-point rate cut, which took a key lending rate to 0.75 per cent. "I think had they not taken out the bazooka that we were all anticipating, that would have been a huge negative," said Allan Small, senior adviser at HollisWealth. He added that the program will start in March and continue through September 2016.īut Draghi indicated the program is basically open-ended until inflation is back on track. There had been hopes Draghi would announce such a measure, which is aimed at getting eurozone inflation up to the ECB target of two per cent. The S&P/TSX composite index ran up 203.56 points to 14,763.98 after ECB president Mario Draghi said the bank is launching a program of quantitative easing that will involve spending 60 billion euros a month to buy investment grade sovereign bonds. ![]() ![]() TORONTO - The Toronto stock market chalked up a strong triple-digit gain for a second day Thursday after the European Central Bank announced a major stimulus program aimed at reviving a weak economic recovery and stopping the eurozone from slipping into a deflationary spiral.
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