Bill Gates no longer world's richest man
Thu, 11 Mar 2010 01:18:33 GMT
The Microsoft cofounder, who had held the title of world's richest 14 of the past 15 years, is toppled by a Mexican tycoon in a record year for billi...
75 years on, Bank gets it right on inflation
Thu, 11 Mar 2010 01:02:21 GMT
William Watson: The Bank of Canada took most of its 75-year history to catch on, but it’s now reasonably good at what it’s supposed to do...
Full coverage of this week's Prospectors and Developers conference
Thu, 11 Mar 2010 01:01:49 GMT
Full coverage of this week's Prospectors and Developers Association of Canada conference...
Viterra cooks up US$240-million pasta deal
Thu, 11 Mar 2010 00:22:02 GMT
Viterra Inc. is taking a big step on the path to transcend its roots as a prairie grain handler with its first major foray into food production...
Loonie surge triggers hedging
Wed, 10 Mar 2010 23:46:41 GMT
The Canadian dollar is headed for parity, economists say. Luckily for investors, the recent rise of currency-hedged ETFs will make it much easier to ...
TSX edges up to first gain this week
Wed, 10 Mar 2010 23:40:24 GMT
Toronto Stock Exchange broke a two-day skid Wednesday as some international developments helped lure investors back into the market....
Quebecor wows with wireless plans
Wed, 10 Mar 2010 23:29:37 GMT
Wednesday, Quebecor Inc. gave analysts and investors a deeper glimpse into plans to introduce wireless services this summer and further its position ...
Scotiabank arm close to Siam City deal: Reports
Wed, 10 Mar 2010 23:24:15 GMT
The Bank of Nova Scotia's subsidiary in Thailand is poised to sign a deal to buy a stake in Siam City Bank, the country's seventh largest bank in the...
Norbourg swindler may testify against watchdog
Wed, 10 Mar 2010 23:02:42 GMT
Vincent Lacroix, seen as one of Canada’s biggest financial fraudsters, has been asked by lawyers representing a group of 139 investors fleeced by Nor...
Prime Minister to hold YouTube press conference
Wed, 10 Mar 2010 22:25:53 GMT
Prime Minister Stephen Harper will answer a series of questions submitted by Canadian YouTube users during a prime time Web interview next Tuesday ni...
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Citi Announces Terms of Trust Preferred Offering
Wed, 10 Mar 2010 22:25 GMT
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Panera Is First National Chain to Post Calorie Counts
Wed, 10 Mar 2010 21:42 GMT
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House Democrats Scramble for Votes on Health Reform
Wed, 10 Mar 2010 21:09 GMT
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GM Poised to Repay $8 Billion in Government Debt
Wed, 10 Mar 2010 20:52 GMT
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Senate Passes $149 Billion Bill for Jobless Aid, Tax Breaks
Wed, 10 Mar 2010 20:23 GMT
The U.S. Senate Wednesday approved a $149 billion package of jobless aid and tax breaks as Democrats continued efforts to bring down the 9.7 percent ...
Samsung Introduces Its New Line of 3-D TVs
Wed, 10 Mar 2010 16:27 GMT
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Jobless Rate Rose in 30 States In January
Wed, 10 Mar 2010 16:22 GMT
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With Warning, a Hip Device Is Withdrawn
Wed, 10 Mar 2010 16:21 GMT
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A Consumer Bill Gives Exemption on Payday Loans
Wed, 10 Mar 2010 15:59 GMT
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US Wholesale Inventories Unexpectedly Fell in January
Wed, 10 Mar 2010 15:18 GMT
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Anniversary of the Tech Bust: Is Amazon the Best Survivor?
Wed, 10 Mar 2010 22:59:12 GMT
We didn't dwell much on the fact that Wednesday was 10-year anniversary of the start of the great tech bust. Luckily, the terrific Jason Zweig did. ...
Seriously, Don’t Bet on Big Banks Boosting Buybacks
Wed, 10 Mar 2010 20:50:35 GMT
Ok. We get it. Regulators are expecting banks -- even the most healthy -- to make sure their cash cushions are plenty plump. So keep expectations for...
Why Did InterMune Execs Miss the Second Pop?
Wed, 10 Mar 2010 20:50:21 GMT
The company said these sales were triggered by Friday's price gains. Is there more?...
Data Points: Energy & Metals
Wed, 10 Mar 2010 20:44:40 GMT
Nymex crude gained $0.60 per barrel, or 0.74% to $82.09. Comex gold fell $14.20 per troy ounce, or 1.27% to $1107.80....
CDS Market: Fun Facts to Drop in Cocktail Party Conversation
Wed, 10 Mar 2010 19:39:49 GMT
Stats and fun facts about the CDS market, which is drawing ever more attention from regulators. They also might be good to drop in your next derivati...
Treasurys Pare Losses After Auction
Wed, 10 Mar 2010 18:41:49 GMT
Treasury prices pare some losses after strong demand for 10-year note reopening. But bond prices are still lower ahead of $13 billion 30-year bond sa...
Data Points: Europe
Wed, 10 Mar 2010 18:08:29 GMT
The FTSE 100 rose 38.27 points, or 0.68% to 5640.57, its highest closing value since Wednesday, June 25, 2008. The Stoxx Europe 600 added 1.51 points...
The Number at Noon: 30,322,900
Wed, 10 Mar 2010 17:00:12 GMT
As we all watch the odd trading in AIG, its worth noting that 30.3 million shares, or 22.4% of shares outstanding, are currently short....
Barclays Buyout Bingo Buoys Regional Banks
Wed, 10 Mar 2010 16:59:50 GMT
Regional bank stocks climbed higher Wednesday as speculation spread about a potential move by U.K. banking giant Barclays, which is reportedly on the...
Bank of America Ditches Overdraft Fees: Shareholders Cheer?
Wed, 10 Mar 2010 15:15:18 GMT
Investors don't seem at all daunted that Bank of America plans to do away with overdraft fees on debit card purchases. That's probably because this h...
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U.S. dollar still rules, but debt level a risk: S&P
Thu, 11 Mar 2010 00:14:56 -0500
NEW YORK (Reuters) - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels...
U.S. bailout watchdog criticizes Treasury over GMAC
Thu, 11 Mar 2010 00:11:52 -0500
WASHINGTON (Reuters) - The U.S. Treasury's decision against a bankruptcy restructuring for GMAC may have increased taxpayer bailout costs for the aut...
Senate passes $149 billion for jobless aid
Wed, 10 Mar 2010 23:45:06 -0500
WASHINGTON (Reuters) - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower t...
Asian stocks ease after China data, yen struggles
Wed, 10 Mar 2010 23:09:00 -0500
SINGAPORE (Reuters) - Asian stocks fell on Thursday as investors fretted over tighter monetary policy in China on the back of strong loan growth and ...
Macquarie in push to expand U.S. presence: report
Wed, 10 Mar 2010 20:02:48 -0500
NEW YORK (Reuters) - Macquarie Group Ltd , Australia's largest investment bank, wants to add more bankers in the United States to advise energy, indu...
GM CEO says U.S. will make money on bailout
Wed, 10 Mar 2010 19:54:34 -0500
SAN ANTONIO (Reuters) - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in...
Best Buy bets on 3D TV, but no quick payoffs seen
Wed, 10 Mar 2010 19:03:15 -0500
NEW YORK (Reuters) - While James Cameron's 3D sci-fi epic "Avatar" took the box office by storm instantly, the road to success will be much longer fo...
Geithner urges reform on housing finance market
Wed, 10 Mar 2010 18:10:30 -0500
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday that "fundamental reform" of the government's role in the housing financ...
BofA under regulatory pressure to shrink: report
Wed, 10 Mar 2010 17:58:31 -0500
CHARLOTTE, North Carolina (Reuters) - Regulators have told Bank of America Corp Chief Executive Brian Moynihan and other executives that the largest...
Walmart returns items to shelves after lost sales
Wed, 10 Mar 2010 16:34:40 -0500
SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc has put roughly 300 items back on its U.S. store shelves after the retailer said it "disappointed" cust...
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