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Yahoo’s Alibaba spinoff lays bare weakness in core business
While shareholders cheered Yahoo’s tax-free plan to distribute its $40 billion holding in the Chinese e-commerce company as a separate public firm, the Sunnyvale, California- based Web portal issued a revenue forecast that fell short of estimates, underscoring the challenges in reviving sales, which have been stagnant for five years.
Posted on 1-28-2015 at 6:01 PM
Carl Icahn: Apple one of best buys in decades
Carl Icahn, one of Apple Inc.’s largest shareholders, said that the stock is undervalued after the company posted record earnings and that he will raise his $203 target price. Icahn also suggested buying back more shares.
Posted on 1-28-2015 at 5:40 PM
No decision on future of Oshawa plants until well into 2016: GM
The future of the Oshawa, Ont., operations of General Motors Co. and about 3,700 jobs will be decided late next year, after a crucial set of negotiations with Unifor and discussions with governments that contributed $10.8-billion to a bailout of the company in 2009.
Posted on 1-28-2015 at 4:59 PM
Infographic: January a rough month for Canadian workers
It's been a rough first month of the year for Canadian workers. We tallied up just how many jobs were lost.
Posted on 1-28-2015 at 2:44 PM
CIBC interested in buying Russell Investments: Report
Sources have told Reuters at least three interested buyers, including the Canadian Imperial Bank of Commerce, have had informal conversations with the London Stock Exchange Group PLC about buying Russell Investments.
Posted on 1-28-2015 at 2:21 PM
Canadian broadcast regulator to announce new rules for local TV
Over the next year, the CRTC will reshape the Canadian television industry, with a series of new rules flowing out of its lengthy Let’s Talk TV hearing last summer.
Posted on 1-28-2015 at 1:53 PM
Closing Report: TSX drops as Fed statement stokes rate hike fears
Canadian stocks fell, after a five-day rally, as commodities producers tumbled with oil and Statistics Canada lowered its estimate of jobs creation in 2014.
Posted on 1-28-2015 at 4:03 PM
Top Picks from Fabrice Taylor: Snipp Interactive, Klondex Gold, and FAM REIT
Top Picks from Fabrice Taylor, publisher of The President's Club Newsletter.
Posted on 1-28-2015 at 12:43 PM

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