Toronto News

TMX Group said on Wednesday that trading has resumed in all shares on the Toronto Stock Exchange after an unexplained glitch froze trading of companies whose symbols started with the letters M to Z.

The operator of Canada’s largest stock exchange said it was still investigating the cause of the technical failure, but it ruled out hacking.

The problem, one of the worst trading glitches to hit the TMX in recent years, affected high-volume stocks such as Research In Motion and Sun Life Financial.

The Occupy Toronto encampment appears to have come to a peaceful end with protesters vacating the last occupied tent in St. James Park after a negotiated settlement with police. More >

Occupy Toronto protesters camping in a downtown park said Wednesday they’re happy a judge has granted them a reprieve against a city-issued eviction order until a final decision is made Saturday.

On Tuesday, bylaw officers distributed eviction notices to people who have been camping in St. James Park since Oct. 15.

The protesters are part of the global Occupy movement focused on raising issues of economic inequality by staging similar encampments around the world.

Straying from his normally composed and collected delivery, U.S. Republican presidential hopeful Rick Perry larded a 23-minute speech to New Hampshire conservatives with facial contortions, wisecracks and words like “dude” and “awesome” on Friday.

It was just the latest in a string of goof-ups, including a campaign appearance the same day where he tried to slag the burgeoning Occupy movement by quoting a Toronto activist mentioned in a Globe and Mail story.

Toronto staff is recommending selling $600 million worth of city assets – including a 10 per cent stake in Toronto Hydro – as a way to pay down Toronto’s ballooning capital debt. And Mayor Rob Ford told reporters Tuesday that he thought it would be a good move. More >

A Toronto printer and acclaimed classical pianist accused of a multimillion-dollar fraud stretching back six years was arrested Tuesday, with a court appearance set for next month.

Tzvi Erez, 44, faces 10 charges of fraud, one for each alleged victim, encompassing losses of around $9-million.

Mark Garfield Moore, an aspiring Toronto rapper who appears on a video flashing chunky jewellery and $100 bills, has now been charged with murdering four men in three separate drive-by shootings in crime-ridden parts of the city last year.

Mr. Moore was also charged in connection with a jewellery store robbery last summer where one of his musical associates, Kevin William, a rapper known by the stage name Mayhem Morearty, was also charged two weeks ago.

IBM has announced plans to acquire Toronto’s Platform Computing in a move that will make the grid computing company’s wares more broadly available through IBM’s community of business partners. More >

Toronto’s main stock index rebounded strongly on Wednesday after three days of losses, posting its biggest gain in more than a week as commodities
rallied and U.S. economic data came in better than expected.

Leading the market higher were battered energy shares as U.S. oil futures settled more than 5 percent higher, boosted by
a big drawdown in domestic crude stocks and the positive economic data.

Suncor Energy (SU.TO) surged 8.1 percent to C$27.50 and Canadian Natural Resources (CNQ.TO) jumped 6.2 percent to C$30.68.

The Ontario Court of Justice ruled Wednesday against a dairy farmer who was acquitted last year of producing, selling and distributing raw milk.

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