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CP Rail says oil leaking after tankers derail in Saskatchewan

CP Rail says oil leaking after tankers derail in Saskatchewan

Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude.
Reuters
Posted on 5-21-2013 at 11:37 AM
OSFI's Dickson warns of the danger of low rates

OSFI's Dickson warns of the danger of low rates

Record low interest rates may be fueling asset bubbles and the eventual return to more normal rates could be "painful" for the country's largest banks, Julie Dickson, superintendent at the...
Brady Yauch, BNN.ca
Posted on 5-21-2013 at 11:11 AM
Sprint raises buyout offer for Clearwire by 14%

Sprint raises buyout offer for Clearwire by 14%

Sprint Nextel Corp said on Tuesday it raised its buyout offer for wireless service provider Clearwire Corp 14 percent to $3.40 US per share, just hours before shareholders were set to vote...
Sinead Carew, Reuters
Posted on 5-21-2013 at 9:27 AM
Saks sees sales rising, speeds up e-commerce launch

Saks sees sales rising, speeds up e-commerce launch

Saks Inc reported higher-than-expected first-quarter sales on Tuesday and said it would speed up the launch of an e-commerce site for its outlet chain as it tries to catch rivals.
Reuters
Posted on 5-21-2013 at 8:38 AM
Allan Small, Senior Investment Advisor, DWM Securities; Richard Leblanc, Associate Professor of Law, Governance and Ethics, York Universityplay

JPMorgan investors support Dimon's dual roles

JPMorgan Chase & Co. shareholders voted in support of Chairman and Chief Executive Jamie Dimon maintaining both roles, rejecting a proposal from shareholders who said the corporate...
David Henry, Reuters
Posted on 5-21-2013 at 8:20 AM
Goldman exits China's ICBC, seven years and billions later

Goldman exits China's ICBC, seven years and billions later

Goldman Sachs Group Inc. raised $1.1-billion by selling its remaining shares in Industrial and Commercial Bank of China, ending a seven-year old investment and handing the Wall Street firm...
Fiona Lau and Elzio Barreto, Reuters
Posted on 5-21-2013 at 8:13 AM
R.J. Hottovy, director consumer equity research, with Morningstar play

Best Buy sees investments squeezing profits

Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term.
Dhanya Skariachan, Reuters
Posted on 5-21-2013 at 8:04 AM
Brian Milner, Business Columnist, The Globe and Mail, BNN's Greg Bonnellplay

Senate panel hammers Apple over tax strategy

Apple Inc. came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and...
Patrick Temple-West and Poornima Gupta, Reuters
Posted on 5-21-2013 at 8:04 AM
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