Business News
Market Recap Nov 13: Why Celestica (CLS) Stock Fell 5.4% After a 25% Run
Celestica fell 5.42% to C$342.32 on Friday, the largest single drag on the S&P/TSX Composite. It had gained 25.5% in the five sessions to Thursday, and Friday handed back a quarter of that.
The composite closed at 36,105.90, down 0.09% and up 1.36% month to date. The S&P 500 fell 0.40% and the Nasdaq Composite 0.91%.
Read the full recap for November 13 →The gold sector fell 3.29% and materials 2.78%, against a composite down 0.76%.
Cameco (down 5.58%) and Celestica (down 5.51%) led the decliners, followed by the gold names Kinross, Wheaton and Franco-Nevada.
Among the large-cap movers that closed on August 28, nine fell and nine rose, an even split.
The Bank of Canada decides on September 2 at 9:45 am ET with the policy rate at 2.25%.
Aritzia is executing the US expansion everyone said was too expensive
Net revenue rose 43% to $951M with the United States carrying the growth, and comparable sales stayed positive while the boutique count climbed. The capital going into new stores is arriving as revenue rather than as a promise about next year.
BMO’s 24% earnings drop was a goodwill charge, not credit
Reported EPS fell 24% to $2.38 and return on equity to 8.4% from 11.6%, on a $962M goodwill charge BMO is selling, not on credit. Provisions actually fell, to $722M from $797M, and adjusted ROE was 14.0%.
Choice Properties Q3 2026 Earnings: FFO Up 2.2%, and a $597.6 Million Gain That Is the Unit Price Falling
Brookfield Q3 2026 Earnings: Distributable Earnings Up 16% a Share Before a December 1 Restructuring
Canadian Tire Q3 2026 Earnings: EPS Up 36%, Retail Profit Up 2.9%
Hydro One Q3 2026 Earnings: EPS Slips a Cent, 2027 Capital Plan Up $1.2 Billion
CT REIT Q3 2026 Earnings: AFFO per Unit Up 7.7%, Payout Ratio Holds at 72.7%
CT REIT Q3 Earnings Preview: What a Higher Distribution Does to the Payout Ratio
Barrick Q3 2026 Earnings: Gold Costs Inside Guidance, Copper Costs Above It
Constellation Software Q3 2026 Earnings: Revenue Up 19%, Organic Growth 2%
Constellation Software Closes Down 3.8% After Q3 Results, Less Than Half Its Mid-Morning Fall
TELUS Q3 2026 Earnings: An $800 Million Health Write-Down Driven by the Sale Process
Barrick Q3 Earnings Preview: Analysts Cut Their Estimate 15% Into Monday’s Report
BCE Q3 2026 Earnings: Adjusted EPS Beats, Free Cash Flow Falls 15%
CPP and EI Overpayment With More Than One Employer in 2026
When CPP and EI Stop Coming Off Your Paycheque in 2026
Ontario Paycheque Deductions in 2026: Where Gross Pay Goes
QWhen is the next Bank of Canada rate decision?
December 3, 2026, announced at 9:45 am ET. The date comes from the Bank’s own published schedule.
QWhere do your company figures come from?
The earnings release, the supplementary financial information or the MD&A, with the document cited. Never an aggregator.
QDo you get paid for coverage or ratings?
No. We earn from broker referral links, disclosed wherever they appear, and never for a rating or a place on a list.