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Fidelity fund manager warns on valuations of high-growth stocks, remains overweight Facebook and TJX

Portfolio manager Will Danoff, who oversees $110 billion US in Fidelity Investments' Contrafund , has warned that "elevated valuations" are lurking in the high-growth sector of the stock...

Posted on 7-21-2014 at 11:59 AM

Former Sino-Forest executive settles with OSC after alleged ‘ponzi scheme’

Ontario’s securities regulator has settled with a former executive of Sino-Forest Corp., the forestry firm that fell after a short-seller alleged it was a “Ponzi scheme.”

Posted on 7-21-2014 at 11:53 AM

CN train derailment in Wisconsin forces people to move to safer sites

A Canadian National Railway train derailed in Wisconsin on Sunday night, spurring local residents to move to safer locations, according to the railway and media reports.

Posted on 7-21-2014 at 11:46 AM

Canadians taking longer to pay down their mortgages: CIBC

Becoming mortgage-free is a goal for many Canadians, but a CIBC poll suggests many are losing ground. The average Canadian will become mortgage-free by age 58 according to the survey...

Posted on 7-21-2014 at 11:16 AM

The missile that shot down Malaysian airliner came from Russia: Ukraine

A spokesman for Ukraine's Security Council said on Monday Kiev had evidence the missile that brought down a Malaysian airliner last week came from Russia despite Moscow's denials.

Posted on 7-21-2014 at 10:48 AM

Allergan slashing 1,500 jobs amid Valeant takeover battle

Takeover target Allergan Inc. is slashing 1,500 jobs – about 13 percent of its work force – in a major streamlining effort as it moves to bolster its defences against a hostile takeover bid...

Posted on 7-21-2014 at 9:59 AM

Upgrades and downgrades: SNC-Lavalin, GoPro

Paul Bagnell and Pamela Ritchie look at today's upgrades and downgrades, including SNC-Lavalin and GoPro.

Posted on 7-21-2014 at 9:07 AM

Increase in carloads expected to drive CN profit higher

Double-digit growth in carloads are expected to drive up profit at Canadian National Railway.

Posted on 7-21-2014 at 8:57 AM

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