Business News
TSX steps back despite higher oil prices; AIG report, record oil depresses NY
TORONTO - The Toronto stock market racked up a moderate loss mid-afternoon Friday as energy stocks took a break despite crude oil prices running ahead to fresh dizzying heights. Investors took in n...
GMP Capital Trust Q1 profit halved to $21M; revenue off 18 per cent to $94.1M
TORONTO - GMP Capital Trust (TSX:GMP.UN) should be well-positioned for growth in future quarters, given its strong balance sheet, CEO Kevin Sullivan told unitholders Friday after the investment house ...
Gasoline jumps above US$3.67, oil passes US$126 on Venezuela concerns
NEW YORK - Oil rose above US$126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezue...
MDA future dim after space division sale blocked, analysts say
VANCOUVER - Ottawa's confirmation it will block the $1.3-billion sale of MacDonald Dettwiler and Associates Ltd.'s (TSX:MDA) space division, coupled with a slowdown in the real estate sector where the...
High Liner Foods net income $7.2 million in '07; CEO predicts price hikes
HALIFAX - Canadians should expect to pay more for food given the increase in commodity and fuel costs worldwide, the CEO of fish processor High Liner Foods Inc. (TSX:HLF) said Friday. "Frankly, Can...
Canadian Pacific engineering steps to ensure steady flow of grain: CEO
CALGARY - Canadian Pacific Railway Ltd. (TSX:CP) is taking steps to make sure grain and other high-demand commodities flow more smoothly across the continent, the company's chief executive said Friday...
Lottery results for Fri, May 09
