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Closing report: Stocks cap best 3-day surge since 2011 amid global rally
Consumer-staples and health-care companies led gains amid a global rally following the Federal Reserve's pledge to be patient on boosting rates.
Posted on 12-18-2014 at 4:48 PM
RBC to pay $35M to settle CFTC wash-trade suit
The bank neither admitted nor denied wrongdoing, according to a consent order signed by a judge today in the 2012 lawsuit by the Commodity Futures Trading Commission.
Posted on 12-18-2014 at 4:36 PM
Ottawa sets aside spectrum auction for small carriers
The federal government also took pains to assure Canadians in rural areas they will not lose what Internet access they already have
Posted on 12-18-2014 at 4:09 PM
NHL partners with Constellation to become greenest sports league
The league and its 30 teams have partnered with Constellation Energy Group Inc. in an effort to reduces its carbon footprint, which is currently measured at 550,000 metric tons, to zero.
Posted on 12-18-2014 at 3:41 PM
Top picks from David Burrows: Morgan Stanley, Electronic Arts, Walt Disney
Top picks from David Burrows, President and Chief Investment Strategist, Barometer Capital Management.
Posted on 12-18-2014 at 2:57 PM
Enbridge shuts oil pipeline to U.S. after spill in Canada
Enbridge isolated its Line 4 pipe at the Regina terminal in Saskatchewan yesterday after about 1,350 barrels of oil were released within an on-site pumping station.
Posted on 12-18-2014 at 1:09 PM
Loonie may weaken to $1.25 amid oil slump: Nomura
Slumping energy prices will push the Canadian dollar to a level it last traded at in April 2009.
Posted on 12-18-2014 at 1:02 PM
TransCanada’s Keystone fight turns to exports as oil glut weighs
Russ Girling's Keystone XL saga is taking a new twist with a global glut of cheap oil.
Posted on 12-18-2014 at 12:21 PM
Switzerland surprises with introduction of negative interest rate
The SNB will impose an interest rate of -0.25 percent on sight deposit account balances of over 10 million Swiss francs and expand its three-month Libor target range to -0.75 percent to 0.25 percent.
Posted on 12-18-2014 at 12:03 PM
Saputo to sell Canada's largest producer of snack cakes to Mexican food giant
Mexican food giant Grupo Bimbo, through its subsidiary Canada Bread Co., is buying Saputo’s bakery division, maker of Vachon and Jos Louis snack cakes.
Posted on 12-18-2014 at 10:17 AM
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