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Bank of Canada governor decision to happen soon: Flaherty

A new governor for the Bank of Canada to replace Mark Carney will be named soon, but not necessarily by the end of April as the government initially indicated, Finance Minister Jim Flaherty...
Louise Egan and David Ljunggren, Reuters
Posted on 4-29-2013 at 4:21 PM

Apple lays groundwork for first debt sale ever

Apple took initial steps Monday for what would be its first debt sale ever, as the U.S. computer giant lays the groundwork for what would be one of the most anticipated bond sales of the...
Josie Cox, Reuters
Posted on 4-29-2013 at 1:46 PM

Short interest in Canadian banks soars: Scotia

Short positions in Canada's banks are at levels not seen since before the Lehman Brothers' collapse in 2008 and significantly higher than their U.S. peers, says Scotiabank analyst Kevin...
Scott Anderson, BNN.ca
Posted on 4-29-2013 at 11:58 AM

S&P cuts Barrick Gold long-term corporate credit rating

Standard & Poor's Ratings Services said on Friday it cut Barrick Gold Corp's long-term corporate credit rating to BBB from BBB-plus.
Reuters
Posted on 4-26-2013 at 6:44 PM

Earnings season red flags

With first-quarter earnings season in full swing, Peter Hodson, Founder of 5i Research, outlines a number of warning signs that investors should be aware of when looking at a quarterly...
Ty Trumbull, BNN.ca
Posted on 4-26-2013 at 3:32 PM

Alan Blinder, former Vice Charman of the U.S. Federal Reserve

Letting Lehman fail was wrong: Fmr. Fed vice-chair

The Federal Reserve's decision to let Lehman Brothers collapse during the 2008 financial crisis was "not the right decision," Alan Blinder, a former Fed vice-chairman tells BNN.
Scott Anderson, BNN.ca
Posted on 4-26-2013 at 2:54 PM

Failure of Spain's Pescanova lifts lid on culture of secrecy

ANALYSIS: Even in a record year for Spanish bankruptcies, the filing by Pescanova, a household local name that farms, catches and processes fish, stands out not just for scale, but for the...
Tracy Rucinski and Carlos Ruano, Reuters
Posted on 4-26-2013 at 1:20 PM

Euro zone sees light at end of tunnel, pitfalls remain

ANALYSIS: There are no calls for celebration, no desire to relax in the corridors of Brussels but some officials believe the euro zone has turned a corner, sharpening the focus on...
John O'Donnell, Reuters
Posted on 4-26-2013 at 1:03 PM