TSX Stock News

TSX Stock News

Canada
John Heinzl

Why I’m (still) hanging on to Canadian Utilities

Save for later It was your column that got me on the road to proper investing. I duplicated many of your selections, but over the years bought different ones and dropped some of your originals. Still, my holdings mirror in many respects what you set out to accomplish. Thank you! I did, however, drop Canadian Utilities Ltd. (CU) years ago. It is a great payer of steady dividends, but the price has gone nowhere. There are many others in your selections that have good dividends and growth. Why do you hang on to it? You don’t need to remind me

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Canada
TSX Stocks

Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE

Bullish, the cryptocurrency exchange that counts Peter Thiel as an investor, said it’s going public under the ticker symbol “BLSH.” The IPO filing says that as of March 31, the total trading volume since launch has exceeded $1.25 trillion. It’s been a big year for new crypto offerings, highlighted by Circle’s blockbuster IPO in June. Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images The Peter Thiel-backed cryptocurrency exchange Bullish

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Canada
Thomas Gallagher

Trump’s Genius Act Boosts Billionaires Fortunes Including His Own

Bitcoin is soaring to the moon, with the cryptocurrency posting a new all-time high on Monday of $122,838, nearly a 100% increase since July of last year. For a brief time, Bitcoin’s market cap was upwards of $2.4 trillion, surpassing Amazon as the fifth most valuable asset in the world. The run-up came at the start of what the U.S. House Committee on Financial Services has called “Crypto Week,” Three cryptocurrency bills – the CLARITY Act, Anti-CBDC Surveillance State Act and the GENIUS Act— were all approved on Thursday by the House of Representatives. Together they help establish a regulatory

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Canada
Reuters

TSX flat as investors assess domestic trade updates

Canada’s main stock index was subdued on Friday, with gains in utilities offsetting declines in industrials, as investors assessed domestic trade updates and data showing economic resilience. Toronto Stock Exchange’s S&P/TSX composite index was flat at 27,395.08 points, a day after hitting record highs, but was set to log weekly gains. Data from last Friday showed Canada’s economy added many more jobs than expected in June, and the unemployment rate surprisingly dipped to 6.9%. Thursday’s U.S. retail data showed sales rebounded more than expected in June. Canada and New Zealand reached a “mutually satisfactory” resolution to a long-term dispute over

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Canada
Ian McGugan GLOBE STAFF

Why did Couche-Tard pull its bid to buy 7-Eleven’s owner? Take our business and investing news quiz

Save for later Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making headlines. Our business reporters come up with the questions, and you can show us what you know. This week: 7-Eleven’s owner has staved off a Canadian takeover, but the convenience store chain’s stock price is still in an inconvenient spot. Why? Take our business quiz to find out. 1Alimentation Couche-Tard of Laval, Que., pulled its US$46-billion bid for Seven & i Holdings of Japan this week after spending nearly a year pursuing the 7-Eleven

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Canada
TSX Stocks

Canada’s Matador Technologies targets 6000 Bitcoin by 2027 under new roadmap

Publicly traded Bitcoin ecosystem company Matador Technologies plans to acquire up to 6,000 Bitcoin by 2027 under a board-approved treasury strategy. In a recent press release, Matador Technologies confirmed that its board has approved a long-term plan to scale its Bitcoin holdings significantly. As part of this strategy, the company has set an interim target of holding 1,000 BTC by the end of 2026.  Matador currently holds 77.4 BTC, and its goal here is to accumulate 1% of Bitcoin’s total supply, thereby positioning itself among the top 20 corporate holders globally. To support this strategy, Matador has filed a preliminary

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Canada
Bhavya Rai

Canadian stocks rise amid U.S. earnings and Fed uncertainty

Canada’s main stock exchange climbed higher on Thursday as investors digested a fresh round of U.S. corporate earnings and ongoing uncertainty surrounding the leadership of the Federal Reserve. By 12:05 ET, the S&P/TSX 60 index futures were up 11 points, or 0.72%, while the Toronto Stock Exchange’s S&P/TSX Composite Index added 157 points, or 0.58%, reaching 27,310.53. The gains followed Wall Street’s rebound after a volatile session fueled by conflicting reports that U.S. President Donald Trump was considering removing Federal Reserve Chair Jerome Powell. Although Trump denied immediate plans to oust Powell, he continued to voice dissatisfaction with the Fed’s

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Canada
Staff Reporter

Former Lundin CEO Rockandel joining infor to seize on mining deals

Peter Rockandel, former chief executive officer of Canadian metals producer Lundin Mining Corp., is planning to capitalize on the recent uptick in mining financing and deal flow as he returns to his banking roots. Rockandel, 59, who stepped down as CEO of Lundin at the end of 2023, is joining Infor Financial Inc. as a principal in the Toronto-based firm’s investment-banking group. He said he spent the past six months doing advisory work “with a select group of clients” before deciding to make a full-time return to his previous career. Before his operating role with Lundin, Rockandel held senior mining

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Canada
TSX Stocks

Pathfinder Ventures Announces Operational Reorganization to Support Leaner, Growth-Focused Business Model

VANCOUVER, BC / ACCESS Newswire / July 17, 2025 / Pathfinder Ventures Inc. (TSXV:RV) (“Pathfinder” or the “Company”), a leading provider of modern RV and lifestyle communities across British Columbia, is pleased to announce a strategic reorganization of its operations aimed at creating a leaner, more efficient business model as the Company prepares for its next stage of growth. As part of this reorganization, Pathfinder is streamlining roles and responsibilities across the organization. The Company announces that Stan Duckworth, who has served as Chief Operating Officer, will be stepping away from the Company effective September 12, 2025. Pathfinder extends its

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Canada
Canadian Press

Couche-Tard shares jump more than 10 per cent after walking away from 7-Eleven offer

MONTREAL — Shares of Alimentation Couche-Tard Inc. rose Thursday after the company walked away from its proposal to buy the Japanese parent of 7-Eleven. The Quebec-based company said Wednesday that it dropped its offer due to what it called a “lack of constructive engagement.” Martin Landry, managing director at investment bank Stifel, said Couche-Tard’s decision was not a surprise. “Couche-Tard faced challenges since the beginning of this process when its offer got leaked, forcing the company to disclose publicly its intentions but with limited details on rationale, strategy, synergies, financing and accretion,” Landry wrote in a report. “Hence, from the

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