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Retail sales flat but higher volumes spur optimism

Retail sales flat but higher volumes spur optimism

Falling gasoline prices kept the value of Canadian retail sales unchanged in March from February, but analysts said a sharp rise in volumes signals the economy was more robust than expected...
David Ljunggren, Reuters
Posted on 5-22-2013 at 8:55 AM
Ireland feels the heat from Apple tax row

Ireland feels the heat from Apple tax row

Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant...
Carmel Crimmins and Conor Humphries, Reuters
Posted on 5-22-2013 at 8:49 AM
Credit rating firms sow doubt on euro zone bond rally

Credit rating firms sow doubt on euro zone bond rally

Credit rating firms say they could further downgrade the ratings of highly indebted euro zone countries, putting their bonds at risk of being pitched out of global indexes and reversing a...
Reuters
Posted on 5-22-2013 at 8:44 AM
Staples quarterly profit misses analysts' estimates

Staples quarterly profit misses analysts' estimates

Staples Inc. reported a slightly lower-than-expected quarterly profit on Wednesday, hurt by a stronger dollar and weak sales in Europe and Australia.
Dhanya Skariachan, Reuters
Posted on 5-22-2013 at 8:18 AM
Paul Bagnell reportsplay

Sears Canada posts loss, names CFO

Department store chain Sears Canada Inc. posted a loss in the first quarter compared with a profit last year, and named E.J. Bird as chief financial officer.
Bhaswati Mukhopadhyay, Reuters
Posted on 5-22-2013 at 8:14 AM
Lowe's results miss estimates, underperforming Home Depot

Lowe's results miss estimates, underperforming Home Depot

Lowe's Cos Inc reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season and strong competition from larger...
Dhanya Skariachan, Reuters
Posted on 5-22-2013 at 8:11 AM
Daniel Stecich, Senior Vice-President, TJM Institutional Servicesplay

Target cuts outlook, posts weak quarter

Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal...
Jessica Wohl , Reuters
Posted on 5-22-2013 at 8:07 AM
Nearly half of homeowners eager to buy property

Nearly half of homeowners eager to buy property

Undeterred by record-high housing prices and bolstered by low borrowing costs, nearly half of Canadian homeowners plan to buy a property in the next five years, although intentions vary...
Roma Luciw, The Globe and Mail
Posted on 5-22-2013 at 7:25 AM

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