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Court scolds Air Canada for defying own rules on 'bumping'

Air Canada been scolded by a court in Nova Scotia for not following its own rules about how it compensates the passengers it bumps from oversold flights.

Posted on 4-24-2014 at 12:14 PM
Tags: Air Canada

Gas prices hit 3-year high in parts of Canada

The cost of gas is at a three-year high in parts of the country today, and it could go higher, meaning the pain at the pumps isn't over yet for Canadians

Posted on 4-24-2014 at 12:01 PM

Market movers: Under Armour slides, Nomura drops Lululemon price target

Under Armour shares are selling off despite beating profit expectations and lifting its sales forecast, while Nomura has reduced its price target on Lululemon. Amber Kanwar takes a look at the...

Posted on 4-24-2014 at 11:44 AM
Tags: Under Armour, Lululemon

Glass Lewis backs Sherritt in its battle with activist

Sherritt International Corp. received another boost in its battle with activist investor George Armoyan on Thursday when a second major proxy advisory firm advised shareholders not to back a slate of...

Posted on 4-24-2014 at 11:32 AM
Tags: Sherritt International, Clarke Inc., George Armoyan

Apple stock split removes obstacle to entering Dow 30

Apple Inc.’s first split in nine years removes an obstacle to its inclusion in the Dow Jones Industrial Average: its $525 stock price.

Posted on 4-24-2014 at 11:21 AM
Tags: Apple, Dow Jones Industrial Average

CIBC CEO McCaughey unveils retirement plan, to exit in 2016

Gerry McCaughey, Canadian Imperial Bank of Commerce’s chief executive officer, will retire in two years.

Posted on 4-24-2014 at 10:18 AM
Tags: CIBC

Castoffs in potential Barrick-Newmont merger may become $4B company

The Asia Pacific mines said to have stymied merger talks by Barrick Gold Corp. and Newmont Mining Corp. would rank as the world’s fifth-largest producer if spun off and be worth about $4 billion US...

Posted on 4-24-2014 at 9:54 AM
Tags: Barrick Gold, Newmont Mining

Top picks from StoneCastle's Bruce Campbell: Concordia Healthcare, SENSIO Technologies, AutoCanada

Top picks from Bruce Campbell, President & Portfolio Manager, StoneCastle Investment Management.

Posted on 4-24-2014 at 9:33 AM
Tags: Market Call

Barrick invites Newmont to restart merger talks

Barrick Gold Corp. has formally asked Newmont Mining Corp. to resume merger talks after their negotiations hit an impasse late last week, according to a person familiar with the situation.

Posted on 4-24-2014 at 9:15 AM
Tags: Barrick Gold, Newmont Mining

Caterpillar raises 2014 forecast as profit beats estimates

Caterpillar Inc., the largest maker of mining and construction equipment, posted first-quarter earnings and sales that beat analysts' estimates as it boosted its full-year outlook on improved...

Posted on 4-24-2014 at 8:09 AM
Tags: Caterpillar
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