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Warren Buffett’s Berkshire collects $15B in dividends from railroad
Buoyed by an onshore oil boom, Burlington Northern railway has become a cash machine for Buffett. The railroad had sent more than $15 billion in dividends to Berkshire. More stunning: The business is on pace to return all the cash Buffett spent taking it private by the end of this year.
Posted on 11-10-2014 at 11:56 AM
Porsche to sell out of priciest-ever model by December
Germany's Porsche expects to sell out its most expensive model ever by early December, bolstering earnings as the sports-car maker grapples with rising capacity costs.
Posted on 11-10-2014 at 11:44 AM
Air Canada crash landing in Edmonton was more serious than first reported
Amid the smoke, the sparks and the beeping alarms, the 71 passengers of Air Canada Express Flight 8481 scrambled out after the plane made an emergency landing at Edmonton International Airport last week.
Posted on 11-10-2014 at 7:44 AM
Air Canada profit rises 8% on higher operating margin
Air Canada, Canada’s largest airline, reported an 8-per-cent rise in third-quarter profit as it flew fuller planes at a lower cost per passenger.
Posted on 11-06-2014 at 9:08 AM
A "long and painful" decision to invest in Canada: Honda CEO
Honda Motor Co. Ltd. will announce Thursday that it plans to invest about $800-million at its manufacturing plants in Alliston, Ont., to improve their efficiency and position them for production of future models.
Posted on 11-06-2014 at 6:04 AM
Air Canada versus WestJet: Buy, sell or hold?
Canadian airline stocks are in focus following the latest financial results from WestJet and ahead of Air Canada's quarterly numbers. Frances Horodelski speaks with Chris Murray, Managing Director of Institutional Research at Altacorp Capital, who has an outperform rating on both stocks.
Posted on 11-05-2014 at 5:17 PM
Canadian auto makers continue hot streak
The boom times for auto makers in Canada kept rolling in October, hitting another record.
Posted on 11-03-2014 at 4:28 PM
U.S. October auto sales strong, but GM misses
U.S. auto makers reported their strongest October sales in years on Monday, but top-seller General Motors Co missed expectations.
Posted on 11-03-2014 at 10:14 AM

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