Canadian dollar is trading at 82.34 cents US, up 0.24 of a cent at 11 a.m. ET
January 3, 2009
The Canadian dollar traded at 82.34 cents US, up 0.24 of a cent on Friday. The U.S. dollar was trading at C$1.2145, down 0.35 of a cent.
Canadian dollar is trading at 82.34 cents US, up 0.24 of a cent at 11 a.m. ET
Currency counterfeiting may be on rise: report
January 3, 2009
As if the Bank of Canada doesn't have enough to worry about, a new report says there's been a surge of counterfeit banknotes in circulation.
Currency counterfeiting may be on rise: report
TSX Venture Exchange is trading at 822.73, up 25.71 points at noon ET
January 3, 2009
The TSX Venture Exchange was trading 25.71 points ahead at 822.73 on Friday. The volume at noon was at 61.92 million shares.
TSX Venture Exchange is trading at 822.73, up 25.71 points at noon ET
Some groups lower loss estimates in Bernard Madoff scandal
January 3, 2009
Some clients of disgraced financier Bernard Madoff are concluding that their losses weren't as bad as originally thought.
Some groups lower loss estimates in Bernard Madoff scandal
Canadian dollar opens at 82.07 cents US, down 0.03 of a cent
January 3, 2009
The Canadian dollar opened at 82.07 cents US this morning, down 0.03 of a cent. The U.S. dollar stood at 121.84 cents Cdn, up 0.04 of a cent.
Canadian dollar opens at 82.07 cents US, down 0.03 of a cent
United States government sends Chrysler US$4-billion bridge loan
January 3, 2009
Chrysler LLC and the U.S. Treasury Department said Friday that the government had supplied the automaker with a US$4-billion loan that was necessary to keep it operating.
United States government sends Chrysler US$4-billion bridge loan
Banks borrow more, investment firms less from U.S. Federal Reserve
January 3, 2009
Commercial banks borrowed slightly more, while investment firms drew less over the past week from the U.S. Federal Reserve's emergency lending program.
Banks borrow more, investment firms less from U.S. Federal Reserve
Western Canadian Coal to lend US$36 million to new merger partner Cambrian
January 3, 2009
Western Canadian Coal (TSX:WTN) said Friday it has agreed to lend US$36 million to a subsidiary of Cambrian Mining, the company's primary shareholder and future merger partner.
Western Canadian Coal to lend US$36 million to new merger partner Cambrian
Liquidation World reports Q4 loss of $2.7 million, down from a year ago
January 3, 2009
Liquidation World Inc. (TSX:LQW) said Friday it lost $2.7 million in its most recent quarter as the retailer cut costs.
Liquidation World reports Q4 loss of $2.7 million, down from a year ago
Toronto gold quoted at C$1,063 in mid-morning trading
January 3, 2009
Gold was quoted at C$1,063 bid (US$873) and C$1,064 ask (US$874) in mid-morning trading Friday by Thomas Cook, a major gold and foreign exchange dealer.
Toronto gold quoted at C$1,063 in mid-morning trading
Commercial real estate in for tough 2009
January 3, 2009
The balance of power between landlords and tenants will shift dramatically in 2009.
Commercial real estate in for tough 2009
U.S. dollar mostly higher in European trading
January 3, 2009
The U.S. dollar was mostly higher against other major currencies in European trading Friday morning. Gold rose.
U.S. dollar mostly higher in European trading
Seven-member Investor group agrees to buy failed IndyMac
January 3, 2009
member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the housing boom and bust, for US$13.9 billion, U.S. regulators said Friday.
Seven-member Investor group agrees to buy failed IndyMac
Silver Recycling sells its subsidiaries after failure to meet vendor note conditions
January 3, 2009
The Silver Recycling Co. (TSXV:TSR) has been forced to sell back its subsidiaries Pyropure Inc. and Sun Valley Film Wash Inc. because the company could not meet all the conditions under terms of a US$2,1 million vendor note from last May.
Silver Recycling sells its subsidiaries after failure to meet vendor note conditions
Speculation mounts over succession plans at P&G
January 3, 2009
While many jittery investors consider Procter & Gamble Co. a safe haven in the economic storm, a big question hanging over the world's largest consumer products maker is how much longer Chief Executive A.G. Lafley will stay at the helm.
Speculation mounts over succession plans at P&G
Hang Seng Index closed at 15,042.81 up 655.33 points
January 3, 2009
The Hang Seng Index closed at 15,042.81, up 655.33 points or 4.55 per cent.
Hang Seng Index closed at 15,042.81 up 655.33 points
Flaherty hints of possible tax cuts as consumer confidence sinks
January 3, 2009
As retailers begin to tally up results from their year-end sales and forecasters generally agree the first part of 2009 will be painful, the government is looking for ways to stoke consumer confidence.
Flaherty hints of possible tax cuts as consumer confidence sinks
TSX Venture Exchange closed at 846.69, up 49.67 points
January 3, 2009
The TSX Venture Exchange closed at 846.69, up 49.67 points. The volume at 4 p.m. was at 144.43 million shares.
TSX Venture Exchange closed at 846.69, up 49.67 points
New Gold places troubled Brazilian mine on care and maintenance
January 3, 2009
New Gold Inc. (TSX:NGD) said Friday it is placing its Amapari mine in Brazil on temporary care and maintenance, less than two months after writing down the value of the troubled project.
New Gold places troubled Brazilian mine on care and maintenance
Orezone Resources closes $20-million financing deal with Iamgold
January 3, 2009
Orezone Resources Inc. (TSX:OZN) has closed a $20-million financing deal with Iamgold Corp. (TSX:IMG).
Orezone Resources closes $20-million financing deal with Iamgold