Markets
Canadian Pacific announces first quarter results
Canadian Pacific Railway Limited (TSX/NYSE: CP) announced its first-quarter results today. Net income in the first-quarter was $100 million, an increase of 74 per cent ……Read More
Markets
Markets
Weak growth in consumer spending restraining the U.S. economic recovery
The United States is well on its way to recovery, but a slow rebound in consumer spending will prevent the U.S. economy from expanding at ……Read More
Markets
Bank of Canada maintains overnight rate target at 1/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged ……Read More
Markets
Sheep in Wolves’ Clothing – Capital Market Risks
With extensive official largesse and stirrings of recovery in global economies, capital market risk emanates from “sheep in wolves’ clothing” behavior. Wolves tend to be ……Read More
Markets
Canadian investor group completes acquisition of AIG’s canadian mortgage insurance company
An investor group, led by the Ontario Teachers’ Pension Plan (Teachers’) and including National Mortgage Guaranty Holdings, Inc., has completed the acquisition of AIG United ……Read More
Markets
Bank of America Earns $3.2 Billion in First Quarter
Bank of America Corporation today reported first-quarter 2010 net income of $3.2 billion compared with a net loss of $194 million in the fourth quarter ……Read More