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28.10.2016 22:22:37

Canadian Stocks Slip On Banana Peel -- Canadian Commentary

(RTTNews) - Canadian stocks slumped Friday, extending weekly losses amid lower crude oil prices and political uncertainty in the U.S.

The FBI said it is re-opening an investigation into Hillary Clinton's deleted e-mails, potentially helping Donald Trump just in time for the November 8 election.

The S&P/TSX Composite Index was down 48.46 points, oe 0.33 percent, to 14,785.29.

China may buy a stake in Barrick Gold (ABX.TO) operations in Argentina, according to reports.

Bank of Montreal (BMO.TO) said Darryl White appointed chief operating officer, replacing Frank Techar who becomes vice-chair. Shares slipped 1.8 percent.

Imperial Oil Ltd (IMO.TO) announced earnings for its third quarter that rose sharply from last year. Revenue for the quarter rose 3.9% to C$7.44 billion.

Brookfield Business Partners (BBU, BBU_U.TO) has acquired a 70% controlling stake in Odebrecht Ambiental, Brazil's largest private water distribution, collection and treatment company.

Bombardier Inc. (BBD.B.TO) announced the appointment of Dan Brennan as Senior Vice President, Human Resources.

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