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May 10, 2012, 3:12 p.m. EDT

Canada stocks head for first gain in seven days

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By Laura Mandaro

SAN FRANCISCO (MarketWatch) -- Canadian stocks headed toward their first gain in seven sessions on Thursday, helped by a break in concerns about European sovereign debt, a rebound in some commodities and earnings including those from Sun Life Financial Corp. and Cineplex. The S&P/TSX Composite Index rose 74.30 points, or 0.6%, to 11,749.08. It's still down 1% for the week and more than 4% for the month. Sun Life Financial Inc. /zigman2/quotes/206642387/delayed CA:SLF -0.23% shares rose 2.2% after the insurer posted a quarterly profit that topped estimates, helped by rising equity markets and U.S. government bond yields. Cineplex Inc. /zigman2/quotes/201832697/delayed CA:CGX +0.12% gained 1.2% after the movie chain hiked its dividend following good turnout for "The Hunger Games" and others.

/zigman2/quotes/206642387/delayed
CA : Canada: Toronto
$ 65.32
-0.15 -0.23%
Volume: 1.82M
Feb. 19, 2020 4:00p
P/E Ratio
14.82
Dividend Yield
3.37%
Market Cap
$38.49 billion
Rev. per Employee
$1.32M
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/zigman2/quotes/201832697/delayed
CA : Canada: Toronto
$ 33.83
+0.04 +0.12%
Volume: 291,806
Feb. 19, 2020 4:00p
P/E Ratio
74.11
Dividend Yield
5.32%
Market Cap
$2.14 billion
Rev. per Employee
$124,217
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