Thursday May 23, 2013


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    Asian stock markets stage mild recovery after China factory data sparked big sell-off

    BANGKOK - Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus....

    posted: May 23,2013




    Business News

    CP07

    Sears reports bigger-than-expected loss for 1st quarter

    NEW YORK, N.Y. - It was another ugly quarter for Sears Holdings Corp....

    posted: May 23,2013

    87-year-old woman loses to Donald Trump at trial alleging bait and switch by 'Apprentice' star

    CHICAGO - An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday, she lost....

    posted: May 23,2013

    Keystone makes TransCanada more cautious about future U.S. forays: executive

    CALGARY - A senior TransCanada Corp. executive says the resistance to the approval of the proposed...

    posted: May 23,2013



    Most actively traded companies on the TSX, TSX Venture Exchange markets

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

    posted: May 23,2013

    Dorel set to dip toe in retail bike business with N.Y. concept store

    MONTREAL - Dorel Industries is dipping its toe in the retail bicycle business by opening a concept store on the outskirts of New York City....

    posted: May 23,2013

    TD Bank looking for cost savings amid continued low interest rates

    TORONTO - TD Bank Group (TSX:TD) is looking to cut costs as low interest rates appear likely to put pressure on profit margins for at least another year....

    posted: May 23,2013

    Loonie heads higher despite disappointing Chinese manufacturing data

    TORONTO - The Canadian dollar headed higher Thursday despite weaker-than-expected manufacturing data from China....

    posted: May 23,2013

    Oil tracks gains in stocks, erases early losses; US pump price at $3.66 as weekend nears

    NEW YORK, N.Y. - An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday....

    posted: May 23,2013

    TSX, U.S. indexes dip as world markets plunge on Chinese manufacturing data

    TORONTO - Toronto and U.S. stock markets racked up losses Thursday amid a contraction in Chinese manufacturing that drove Tokyo's Nikkei index down to levels not seen in more than two years....

    posted: May 23,2013

    Focus on the Markets

    TORONTO - The Canadian dollar closed at 97.14 cents U-S, up 73-100ths from Wednesday's close....

    posted: May 23,2013

    US new home sales rise 2.3 per cent in April while median home prices hit record high

    WASHINGTON - U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening....

    posted: May 23,2013

    US stock prices ease, recovering most of an early swoon, after Chinese manufacturing contracts

    NEW YORK, N.Y. - Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month....

    posted: May 23,2013




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