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S&P/TSX composite edges lower, while U.S. stock markets are mixed

S&P/TSX composite edges lower, while U.S. stock markets are mixed

TORONTO — Canada's main stock index edged lower in late-morning trading as the financial, industrial and metals and mining sectors pulled back, while U.S. stock markets were mixed. The S&P/TSX composite index was down 2.94 points at 17,271.31.
BRP third-quarter profit tops expectations, raises guidance for full-year results

BRP third-quarter profit tops expectations, raises guidance for full-year results

BRP Inc. topped expectations Wednesday as it reported its third-quarter profit rose compared with a year ago and raised its guidance for its full financial year.

Consumer spending up a slight 0.5% as virus maintains grip

WASHINGTON — U.S. consumers increased their spending by a sluggish 0.
Slight gain of 1.3% in October for manufactured goods

Slight gain of 1.3% in October for manufactured goods

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
Cascades to close its napkin plant in Laval, Que. in June 2021

Cascades to close its napkin plant in Laval, Que. in June 2021

KINGSEY FALLS, Que. — Cascades Inc. says it will close its napkin plant in Laval, Que., at the end of June next year. The plant currently employs 54 workers.
Spin Master signs Wizarding World licensing deal to develop Harry Potter toys

Spin Master signs Wizarding World licensing deal to develop Harry Potter toys

TORONTO — Toymaker Spin Master Corp. has announced a deal to develop toys and games based on the Harry Potter and Fantastic Beasts movies. The company says it has signed a global licensing agreement with Warner Bros.

CAE signs agreement with Textron to buy TRU Canada for US$40 million

MONTREAL — CAE Inc. has signed a deal with Textron to buy TRU Simulation + Training Canada Inc. for US$40 million. The company says the acquisition of expands its installed base of commercial flight simulators and customers.
Alberta finance minister says outlook improves but budget deficit $21.3 billion

Alberta finance minister says outlook improves but budget deficit $21.3 billion

EDMONTON — Finance Minister Travis Toews says COVID-19 will affect Alberta’s economy for the next couple of years and perhaps beyond, but projections are encouraging.
Circle-K owner Alimentation Couche-Tard grows profits to US$757 million

Circle-K owner Alimentation Couche-Tard grows profits to US$757 million

LAVAL, Que. — Alimentation Couche-Tard Inc.'s profits increased from last year in the three months ending Oct. 11, as shoppers consolidated shopping trips to convenience stores amid the COVID-19 pandemic.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,274.25, up 179.72 points) Aurora Cannabis Inc. (TSX: ACB). Health care. Up $2.60, or 27.69 per cent, at $11.99 on 15.