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Metro beats Street, raises dividend

Canadian grocer Metro Inc. posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.

Posted on 4-16-2014 at 8:14 AM
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Litigation expenses push Bank of America into loss

Bank of America Corp posted a first-quarter loss as the No. 2 U.S. bank recorded $6 billion US in litigation expenses related to a settlement with the Federal Housing Finance Agency and...

Posted on 4-16-2014 at 7:56 AM
Global shares up on China relief, Ukraine strains remain

Global shares up on China relief, Ukraine strains remain

Global markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.

Posted on 4-16-2014 at 7:50 AM
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China economic growth slows to 18-month low

China's economy grew at its slowest pace in 18 months at the start of 2014, but did a touch better than expected and showed some improvement in March, suggesting Beijing will not rush to...

Posted on 4-16-2014 at 7:40 AM
Bank of Canada's Poloz expected to keep interest rate on pause

Bank of Canada's Poloz expected to keep interest rate on pause

Early signs of an economy moving toward full economic health probably won't be enough to prompt Bank of Canada Governor Stephen Poloz to alter the stance of monetary policy today.

Posted on 4-16-2014 at 7:27 AM
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FBR Capital Markets raises Intel price target to $30

Intel Corp.'s first-quarter net profit exceeded Wall Street's estimates as the chipmaker wrestles with slow demand for personal computers and its chief executive officer said an ambitious...

Posted on 4-15-2014 at 11:59 PM
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Yahoo! shares surge after first-quarter earnings

Yahoo Inc. again posted anemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa...

Posted on 4-15-2014 at 11:58 PM
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Confidence in housing market wanes in Toronto, Vancouver

Depending on where a person lives in Canada, home buying intentions differ greatly, according to BMO's 2014 Housing Confidence Report.

Posted on 4-15-2014 at 2:08 PM

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