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Ontario Premier Wynne ready to tap the Beer Store to fund infrastructure

Kathleen Wynne is adamant that she’s prepared to take on the private owners of the Beer Store as she searches for the funds to expand subways and highways.

Posted on 10-20-2014 at 6:47 AM

Adidas shares jump on report of $2.2-billion bid for Reebok unit

Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu...

Posted on 10-20-2014 at 6:34 AM

IBM sells chip unit for $1.5B, abandons 2015 earnings goal

International Business Machines Corp. said it will no longer reach its earnings forecast for 2015, ditching a five-year profit goal as the company struggles to transform quickly enough to...

Posted on 10-20-2014 at 6:21 AM

Futures lower as weak IBM earnings weigh

U.S. stock index futures were lower on Monday, on the heels of a fourth week of losses for the benchmark S&P 500, as quarterly results from IBM disappointed.

Posted on 10-20-2014 at 6:09 AM

Ford F-series continues Canadian sales dominance

Canadian auto sales are on pace for a record year in 2014, and once again it looks like Ford F-Series will easily take home the crown as the country's top seller.

Posted on 10-18-2014 at 10:24 AM

Sherritt CEO predicts rising nickel prices, supply deficit

Sherritt International Corp., a Canadian nickel miner with operations in Madagascar and Cuba, said it expects the price of the metal to rally as the market swings to deficit as soon as next...

Posted on 10-18-2014 at 2:47 AM

Investors shaken as stock market reversals ignite volatility

Fidelity’s global asset allocation team says the market’s losses have presented a buying opportunity not seen in months.

Posted on 10-18-2014 at 2:25 AM

U.S. hedge fund now owns almost half of Sears Canada

Edward Lampert’s hedge fund has taken an almost 50-percent stake in Sears Canada Inc. after its parent company began a rights offering this week.

Posted on 10-18-2014 at 2:14 AM

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