Tuesday July 29, 2014


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National Business

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TSX advances amid positive earnings, American consumer confidence data

TORONTO - Positive earnings news and data showing improved consumer confidence in the U.S. helped push the Toronto stock market higher Tuesday....

posted: July 29,2014

National Business

Reynolds American 2Q profit rises 6.7 per cent as higher prices offset cigarette declines

RICHMOND, Va. - Reynolds American Inc. said Tuesday that its profit rose by 6.7 per cent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold....

US consumer confidence rises to 90.9 in July, strongest reading since October 2007

WASHINGTON - U.S. consumers are more confident about the economy than they have been in nearly seven years....

WestJet beats forecast as Q2 profit surges 16 per cent to $51.8 million

WestJet Airlines Ltd. beat expectations as the airline's profits surged nearly 16 per cent to $51.8 million in the second quarter....

BlackBerry acquires anti-eavesdropping firm SecuSmart for an undisclosed amount

WATERLOO, Ont. - BlackBerry has bought German anti-eavesdropping firm SecuSmart in a move to bulk up its security assets....

George Weston Ltd. reports second-quarter net loss on higher total sales

TORONTO - George Weston Ltd. (TSX:WN) has reported a second-quarter loss of $208 million as it digested the acquisition of Shoppers Drug Mart by its Loblaws Companies Ltd. (TSX:L) subsidiary....

Canadian dollar moves lower ahead of Federal Reserve rate announcement

TORONTO - The Canadian dollar was lower Tuesday morning as the U.S. Federal Reserve started its two-day meeting on interest rates....

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