Canadian dollar on a roll
Loonie tops 90 cents off as U.S. currency loses favour; traders shrug off sketchy Canadian economic picture
Loonie tops 90 cents off as U.S. currency loses favour; traders shrug off sketchy Canadian economic picture
Tentative deal comes after Fiat pulls out; process to rescue German auto maker ‘taking on the air of a Brazilian soap opera,' Marchionne says
Previously disclosed charge pulls Canada's biggest bank into the red; results meet expectations when the charge is factored out
Rank | Headline |
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4. | CanWest skips interest payment to conserve cashMedia company says $10-million breach not expected to trigger loan-repayment demands |
5. | U.S. economic slump easesGDP declines less than estimated; analysts see signs of improvement |
6. | Gold jumps above $970/oz as dollar weakensPrecious metal climbs to firmest level since late February |
7. | Macquarie snaps up Tristone for $130-millionAcquisition of Calgary-based energy investment bank will give Australian group broader geographic reach |
8. | Oil surges above $65Crude hits six-month high, riding wave of optimism over economic recovery |
9. | UK data signals worst of downturn may be overHouse prices up for second time in three months in May; consumer confidence holds steady |
10. | Markets set to end May on a better noteMonth has been marked by volatility; Currency and oil outlooks pose threats |
11. | Hunting for bargainsBuy the good companies when they're cheap |
12. | Economic data boosts hopes of recoveryJapanese factory output posts biggest monthly gain since 1953; Indian economic growth holds up better than expected |
13. | Copper bounces to three-week highCopper headed for 7.7 percent rise in May, fifth in a row |
14. | Tiffany's profit falls, but meets expectationsLuxury jewellery retailer made $24.3-million in the first quarter |
15. | Highstreet Canadian's manager flags some long term findsMelanie Blue finds some stocks with higher earnings growth rates than the benchmark and lower valuations |
Rank | Headline |
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1. | Canadian dollar on a rollLoonie tops 90 cents off as U.S. currency loses favour; traders shrug off sketchy Canadian economic picture |
2. | Macquarie snaps up Tristone for $130-millionAcquisition of Calgary-based energy investment bank will give Australian group broader geographic reach |
3. | Royal Bank loses $50-millionPreviously disclosed charge pulls Canada's biggest bank into the red; results meet expectations when the charge is factored out |
4. | WestJet aims to close gap with Air CanadaLarger rival is ‘on the ropes,' CEO says; Alberta-based carrier wants to add 18 new destinations over next four years |
5. | Gold jumps above $970/oz as dollar weakensPrecious metal climbs to firmest level since late February |
6. | Auto makers plead for 'survival' loansDetroit Three want Clement, McGuinty to provide aid ahead of today's results they say will test industry's ability to survive |
7. | Arctic contains 13 per cent of remaining oilU.S. Geological Survey also updates natural gas deposits as Canada and its polar neighbours pursue competing claims in the region |
8. | Auto-parts industry seeks $1-billion in loansGovernment package 'required immediately' to help sector survive during liquidity crisis – and avoid collapse, manufacturers warn |
9. | Top CPPIB officials take pay cutFour executives of pension plan investment board saw compensation drop 31 per cent last year |
10. | QTrade retains crownThe Globe and Mail's annual ranking of online brokerages |
11. | UK data signals worst of downturn may be overHouse prices up for second time in three months in May; consumer confidence holds steady |
12. | House listings begin to slow downSome provinces saw sales outpace new listings in September, latest CREA figures show |
13. | Pickton must serve 25 yearsSentenced late Tuesday to life imprisonment after court hears victim impact statements |
14. | Britain launches auto scrap plan to boost salesGovernment, manufacturers share cost of giving discount of $3,600 to junk a ‘banger' |
15. | MDS takes hit from Chalk River shutdownLife sciences company expects $4-million loss for each month the supplier of medical isotopes is offline |
Rank | Headline |
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1. | Landmark agreement ‘fell by the wayside'‘We're a step back from where we were' in 2000 |
2. | 'A very designed life'Gail Andrews sees the enemy: a scowling version of herself critiquing every word from her mouth |
3. | NY police foil bomb plotFour men charged after planting what they thought were explosives in cars around a New York Jewish centre |
4. | As U.S. emerges from dark age, Canada's scientific edge fadesU.S. approval of human stem-cell trial heralds research renaissance, which worries Canadians: 'We could be left in the dust' |