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Hedge funds bet oil has further to fall as glut grows
Money managers increased short positions in West Texas Intermediate crude to the highest level since September 2010 in the week ended Jan. 20, U.S. Commodity Futures Trading Commission data show. Net-long positions slipped for the first time in three weeks.
Posted on 1-26-2015 at 12:36 PM
NEW
Traders signal deeper cuts after Bank of Canada's interest rate shocker
Bond traders reeling from the Bank of Canada’s shock interest-rate cut are betting Governor Stephen Poloz will do it again.
Posted on 1-26-2015 at 10:35 AM
Natural gas drops as traders look beyond U.S. northeast blizzard
Natural gas futures fell in New York as forecasts signaled lower demand for the heating fuel after a blizzard pushes through the Northeast this week.
Posted on 1-26-2015 at 10:14 AM
Don't expect a payout from Cliffs Natural anytime soon
Cliffs Natural Resources will stop paying a dividend as it tries to cut its borrowings amid an irone ore slump.
Posted on 1-26-2015 at 9:45 AM
Uniqlo to open first Canadian stores in 2016
Just as U.S. discounter Target prepares to leave Canada, fast-growing Japanese cheap-chic fashion chain Uniqlo has announced it is setting up shop here.
Posted on 1-26-2015 at 9:12 AM
NY insider trading ruling tests prosecutors beyond Wall Street
A court ruling that sharply curtailed the ability of prosecutors including Manhattan U.S. Attorney Preet Bharara to pursue insider trading cases is increasingly testing regulators' abilities across the country.
Posted on 1-26-2015 at 8:57 AM
Sears Canada names Ronald Boire CEO
Struggling department store chain Sears Canada named Ronald Boire president and chief executive.
Posted on 1-26-2015 at 8:23 AM
NEW
Loonie will drop to 78.1 cents US in three months: Goldman Sachs
Goldman Sachs predicts the Canadian dollar will drop below the 80-cent threshold in three months as low oil prices weigh on the economy.
Posted on 1-26-2015 at 7:48 AM

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