Thursday April 17, 2014

QUESTION OF THE WEEK

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Business News


top story

Goldman Sachs' earnings fall 11 per cent as bond trading slumps; bank still beats expectations

NEW YORK, N.Y. - Goldman Sachs' earnings fell in the first quarter as bond trading slumped, but the results still came in ahead of what investors expected as other parts of the bank performed well....

posted: April 17,2014





Business News

CP07

Most actively traded companies on the TSX, TSX Venture Exchange

TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the...



TSX advances amid mixed bag of U.S. earnings reports, positive economic data

TORONTO - The Toronto stock market closed higher Thursday as stocks continued to find lift from...



Loonie advances as rising energy prices send March inflation higher

TORONTO - The Canadian dollar closed higher Thursday amid data showing inflation coming in slightly ...





Oil rises past $104 a barrel as Ukraine jiggers offset large rise in US crude supplies

NEW YORK, N.Y. - The price of oil rose past US$104 per barrel Thursday on worries over the upheaval in Ukraine....


Housing correction would damage Canada's economy, says BMO report

OTTAWA - A sudden and sharp correction in the housing market could have a devastating impact on the Canadian economy overall, enough to trigger another recession, says a new Bank of Montreal report....


Telecom company Rogers doles out nearly $40 million on its two CEOs in 2013

TORONTO - Rogers Communications (TSX:RCI.B) doled out nearly $40 million last year paying the two executives who held the top position at the telecom company....


UnitedHealth's 1st-quarter profit tumbles 8 per cent, insurer cites overhaul costs

UnitedHealth Group's first-quarter net income slid 8 per cent as funding cuts to a key product and costs imposed by the health care overhaul dented the health insurer's performance....


Mattel reports 1st quarter loss on weak sales of Barbie, weakness internationally

EL SEGUNDO, Calif. - Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss....


Post Holdings to acquire Michael Foods for $2.45 billion to expand range of food products

ST. LOUIS - Cereal maker Post Holdings Inc. is buying fellow packaged food maker Michael Foods Inc. in a $2.45 billion deal that will expand Post's range of products....


PepsiCo quarterly profit beats expectations on stronger snack sales, cost cuts, price hikes

NEW YORK, N.Y. - PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks....


Augusta says proxy firm supports continuation of its shareholders rights plan

TORONTO - Shareholders of Augusta Resource Corp. (TSX:AZC) have received conflicting advice from a couple of proxy advisory firms over the future of the company's shareholders rights plan in the face of a hostile takeover bid by HudBay...


Wal-Mart, seeking to drive customer traffic, enters the money transfer business with a bang

NEW YORK, N.Y. - Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business....






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