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Barrick Gold no longer selling assets to pay down debt in shift in strategy

Barrick Gold no longer selling assets to pay down debt in shift in strategy

TORONTO — Barrick Gold Corp. no longer plans to sell assets to reduce its debt, marking a shift in strategy for the Toronto-based miner.
Grocer Metro says strong economy, employment offsetting promo pressure

Grocer Metro says strong economy, employment offsetting promo pressure

MONTREAL — Metro Inc. says a strong economy and low unemployment are driving customers to its full-service grocery stores and helping to offset the intense promotional pressure, mostly from discount chain competitors.
US home prices post a robust 6.3 per cent gain in February

US home prices post a robust 6.3 per cent gain in February

WASHINGTON — U.S. home prices jumped in February as buyers are fiercely competing over a dwindling number of homes for sale. The S&P CoreLogic Case-Shiller national home price index released Tuesday jumped 6.
Teck Resources tops first-quarter profit expectations, sales up from year ago

Teck Resources tops first-quarter profit expectations, sales up from year ago

VANCOUVER — Teck Resources Ltd. reported a better-than-expected first-quarter profit as revenue also grew compared with a year ago, helped by improved sales volumes. The miner says its profit attributable to shareholders totalled $759 million or $1.
Barrick Gold sees 76 per cent drop in Q1 profit, but beats estimates

Barrick Gold sees 76 per cent drop in Q1 profit, but beats estimates

TORONTO — Barrick Gold Corp. reports that its net income fell to $158 million in its fiscal first quarter, down more than 75 per cent from the same period a year ago. The Toronto-based miner, which reports in U.S.
Competition Bureau approves Metro's purchase of Jean Coutu, with conditions

Competition Bureau approves Metro's purchase of Jean Coutu, with conditions

OTTAWA — The Competition Bureau of Canada has approved Metro Inc.'s purchase of the Jean Coutu Group provided it sells 10 pharmacies in eight Quebec communities.

B.C. to limit auto insurance claims, speed up process to settle disputes

VICTORIA — The British Columbia government has introduced legislation that will attempt to restore the finances of the public auto insurance agency.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,552.06, up 67.74 points) Katanga Mining Limited. (TSX:KAT). Miner. Down 88 cents, or 49.16 per cent, to 91 cents on 10.9 million shares.
Toronto stock market closes higher, while U.S. stocks were mixed; Loonie falls

Toronto stock market closes higher, while U.S. stocks were mixed; Loonie falls

TORONTO — The energy and industrial sectors helped Canada's main stock index close higher Monday, while U.S. stocks were mixed. The S&P/TSX composite index closed up 67.74 points at 15,552.06 to outperfrom U.S.
Stephen Curry signs broad production deal with Sony Pictures

Stephen Curry signs broad production deal with Sony Pictures

LAS VEGAS — NBA star Stephen Curry is heading to Hollywood in a big way. Sony Pictures Entertainment announced Monday that it has struck a deal with the Golden State Warriors All-Star guard to produce television, film and possibly gaming projects.