TSX Stock News
TSX Stock News
Active ETFs are a Canadian innovation that have gone global. Are there too many too soon?
Much like basketball, the walkie-talkie and Drake (the rapper), exchange-traded funds (ETFs) are among the innovations that originated in Canada before proliferating globally. The first ETF, known as the Toronto 35 Index Participation Units (TIPs), was launched on the Toronto Stock Exchange in 1990. This pioneering financial product paved the way for the introduction of the first U.S. ETF, the SPDR S&P 500 ETF Trust (SPY), in 1993. Today, there are approximately 1,500 ETFs listed in Canada and more than 27,000 globally, according to Morningstar’s data. The past decade’s evolution of ETFs has been marked by significant growth, with assets
Market Factors: So stocks are rallying on Trump? Time for my weekly negroni
Trump, Trump, Trump and Trump. You’d be hard-pressed to find market-related discussion this week that doesn’t put the U.S. President in the centre – whether the discussion touches on tariffs, trade agreements, commodities, currencies, bond yields, economic activity, inflation or … whew! So, rather than avoid the topic and talk about – what, the cold snap? – we’re veering right into the maw of MAGA. (By the way, I’m investing reporter David Berman. Scott Barlow will soon return.) Open this photo in gallery: Traders watch as President-elect Donald Trump walks onto the floor of the New York Stock Exchange (NYSE)
B2Gold Announces Offering of Convertible Senior Notes
B2Gold Announces Offering of Convertible Senior Notes – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Wednesday, January 22, 2025 · 779,415,647 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
Globex Options Bald Hill Antimony Property
Globex Options Bald Hill Antimony Property – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Wednesday, January 22, 2025 · 779,334,037 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
TMX Launches US Equity ATS
TMX Group announced the launch of AlphaX™ US, a new US Alternative Trading System (ATS) venue, that is designed to create a trading environment with a focus on enhanced execution quality. AlphaX US is the first venue expansion outside of Canada for TMX Group’s Markets division and it will trade US-listed securities only (Reg NMS). Participants will be FINRA-registered broker dealers. “After continuous consultation with our clients, we are proud to introduce AlphaX US, a venue that is focused on execution performance, and provides innovation and ease to the broker dealer community,” said Heidi Fischer, President, TSX Alpha US. “There
Press Release: Air Canada taps Lufthansa Systems ops solution
Air Canada has successfully implemented the next-generation airline operation solution NetLine/Ops ++ from Lufthansa Systems, enhancing its operational efficiency and capabilities. This strategic move empowers employees with advanced tools and delivers a superior customer experience. Simultaneously, Lufthansa Systems migrated Air Canada’s solutions to the Global Aviation Cloud (GAC), a highly secure multi-cloud infrastructure environment. This migration allows Air Canada to leverage technological innovations from a leading cloud provider while focusing on its core business. Building on a long-standing partnership, Air Canada and Lufthansa Systems continue to integrate state-of-the-art solutions that meet the evolving needs of modern air travel. As one
Restaurant company MTY Food Group raising quarterly dividend by 18 per cent
MONTREAL — MTY Food Group Inc. is raising its quarterly dividend by 18 per cent. The franchisor and operator of restaurants says it will now pay a quarterly dividend of 33 cents per share up from 28 cents. Shares in the company behind many mall food court favourites will have an annual yield of about 2.7 per cent based on their closing price of $48.91 on the Toronto Stock Exchange on Tuesday. MTY chief executive Eric Lefebvre says the increase reflects the company’s continued confidence in its financial strength and strategic growth initiatives. The new rate will be payable on
Paladin Energy Soars On Corporate Achievements, Trump’s Appetite For AI
Australian uranium producer Paladin Energy PALAF soared following President Trump’s announcement of a $500 billion “Stargate AI” initiative. As investments pour into AI infrastructure, nuclear power emerged as the best solution for a stable, low-carbon energy supply. In 2024, Paladin strategically strengthened its position in the global uranium market with its milestone acquisition of Fission Energy, taking over the high-profile Patterson Lake South (PLS) project in Canada’s Athabasca Basin. “This acquisition is transformative,” said CEO Ian Purdy. “The PLS project elevates Paladin to a new scale, cementing our status as one of the world’s top uranium companies.” The PLS project,
Paladin CEO says shareholders under-estimate Fission deal
Ian Purdy, CEO, Paladin Energy PALADIN Energy struck a bullish note for the firm’s prospects on Wednesday saying its shareholders had not yet absorbed the benefits of a recent acquisition. “Not all shareholders full appreciated what we have bought,” said Paladin’s CEO Ian Purdy in reference to the uranium miner’s C$1.1bn all-share takeover of Fission Uranium Corp. The transaction, first announced in June, was approved by the Canadian authorities in December. “It was hotly contested, sought-after, and now it is ours. People will say ‘wow’ when we develop it,” he added of Fission Uranium’s Patterson Lake South (PLS) project. He
NexGold Initiates Inaugural 25,000-Metre Diamond Drill Program and Plans an Updated Mineral Resource at the Goldboro Gold Project
NexGold Initiates Inaugural 25,000-Metre Diamond Drill Program and Plans an Updated Mineral Resource at the Goldboro Gold Project – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Wednesday, January 22, 2025 · 779,277,734 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?