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TorStar reports $24.4 million loss after cutting 110 jobs + MORE May 3rd
The Toronto Star building is shown in Toronto, Wednesday, June 8, 2016. THE CANADIAN PRESS/Eduardo Lima
TORONTO – The owner of the Toronto Star and other media operations said on Wednesday it made provisions to cut 110 jobs in the first quarter after reporting another drop in revenue and continuin.... More »
Five things to watch for in the Canadian business world in the coming week + MORE Nov 13th
TORONTO – Five things to watch this week in Canadian business:
Money Talk: Investment management giant BlackRock hosts a meeting Monday in Toronto between global financiers and several federal cabinet ministers including Bill Morneau of Finance. Ottawa’s big spending proposals, including.... More »
The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? - CBC Jan 10th
The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? CBCCanadian oilsands producers lose $8B of stock market value in 4 days Calgary HeraldThe past and potential of Venezuela’s oil sector, and what it means for Canada CTV NewsVenezuel.... More »
Pearson in advanced talks to sell Financial Times + MORE Jul 23rd
Media company confirms reports that it is looking to sell financial newspaper
.... More »
Manitoba storm could be 'worst blizzard in decades,' Environment Canada says - CBC.ca Apr 11th
Manitoba storm could be 'worst blizzard in decades,' Environment Canada says CBC.caMajor spring blizzard threatens 50+ cm of snow with near impossible travel The Weather Network'Potential to be worst blizzard in decades': storm watch issued as 30-50 cm of snow now expected - St.... More »
TSX to decline further as oil falls below US$55, Repsol makes pitch for Talisman
– canadianbusiness.com
TORONTO – The Toronto stock market was set for a sharply lower open as the slide in oil prices intensified amid weak Chinese manufacturing data and a desperate move by Russia’s central bank to halt the plunge in the ruble.
Traders also took in major dealmaking in the oil industry that will see Spanish energy giant Repsol pay US$8.3 billion for all the shares of Talisman Energy (TSX:TLM), or US$8 per share (C$9.33). Including assumed debt, the deal values Talisman at US$13 billion. The share price is a 33 per cent premium over Monday’s closing price.
The Canadian dollar was little changed, down 0.01 of a cent to 85.78 cents US after dropping two-thirds of a U.S. cent Monday, squeezed by a greenback that strengthened ahead of Wednesday’s rate announcement by the U.S. Federal Reserve and falling prices for oil and metals.
U.S. futures were well into the red as the Dow Jones industrial futures fell 110 points to 17,015, the Nasdaq futures lost 31 points to 4,129.3 and the S&P 500 futures declined 15…
Traders also took in major dealmaking in the oil industry that will see Spanish energy giant Repsol pay US$8.3 billion for all the shares of Talisman Energy (TSX:TLM), or US$8 per share (C$9.33). Including assumed debt, the deal values Talisman at US$13 billion. The share price is a 33 per cent premium over Monday’s closing price.
The Canadian dollar was little changed, down 0.01 of a cent to 85.78 cents US after dropping two-thirds of a U.S. cent Monday, squeezed by a greenback that strengthened ahead of Wednesday’s rate announcement by the U.S. Federal Reserve and falling prices for oil and metals.
U.S. futures were well into the red as the Dow Jones industrial futures fell 110 points to 17,015, the Nasdaq futures lost 31 points to 4,129.3 and the S&P 500 futures declined 15…
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Fairfax Financial expands footprint in Europe with acquisition
– theglobeandmail.com
Deal includes three Eastern European property and casualty companies
Fiat division Chrysler Group changes its name to FCA US, maintains Michigan headquarters
– canadianbusiness.com
AUBURN HILLS, Mich. – Chrysler Group LLC has changed its name to FCA US LLC, effective immediately.
The automaker said Tuesday that the name change follows the naming convention of its parent company, Fiat Chrysler Automobiles N.V., which adopted its name in October when it listed on the New York Stock Exchange.
Chrysler and its Italian owner Fiat SpA merged earlier this year. Fiat was granted management control and a 20 per cent stake in Chrysler after it emerged from bankruptcy protection in 2009. Fiat gradually raised its stake and eventually became majority owner.
The company says the name change doesn’t impact its headquarters in Auburn Hill, Michigan, its holdings, management team, board or brands.
FCA US has more than 77,000 employees worldwide and runs 36 manufacturing plants, including 23 in the U.S.
The post Fiat division Chrysler Group changes its name to FCA US, maintains Michigan headquarters appeared first on Canadian Business.
The automaker said Tuesday that the name change follows the naming convention of its parent company, Fiat Chrysler Automobiles N.V., which adopted its name in October when it listed on the New York Stock Exchange.
Chrysler and its Italian owner Fiat SpA merged earlier this year. Fiat was granted management control and a 20 per cent stake in Chrysler after it emerged from bankruptcy protection in 2009. Fiat gradually raised its stake and eventually became majority owner.
The company says the name change doesn’t impact its headquarters in Auburn Hill, Michigan, its holdings, management team, board or brands.
FCA US has more than 77,000 employees worldwide and runs 36 manufacturing plants, including 23 in the U.S.
The post Fiat division Chrysler Group changes its name to FCA US, maintains Michigan headquarters appeared first on Canadian Business.
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
