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Finance

Updated 12:11 PM

Banking pact may trigger payouts

There is a growing consensus Canadian banks will start increasing dividends as early as December

1 day AGO
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TSX falls short as commodity prices decline

The Toronto Stock Exchange was down Wednesday as gold prices fell from near-record levels.

1 day, 2 hours AGO
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Goldman Sachs fined US$30.9-million in UK: report

Goldman Sachs has been fined for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday

1 day, 2 hours AGO
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Carney keeps markets guessing on rates

The central bank edged up its benchmark rate Wednesday to 1%. What happens next is anybody’s guess

1 day, 2 hours AGO
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Bell scores NFL app rights

The multi-year deal, announced Wednesday, furthers the trend among mobile phone carriers to woo clients through content

1 day, 2 hours AGO
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Boeing lawsuit dismissed as state secrets made case impossible

A Boeing Co. subsidiary prevailed Wednesday against a lawsuit alleging its planes were used by the CIA to illegally transport prisoners to secret facilities overseas, a federal appeals court has ruled

1 day, 4 hours AGO
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Goldman faces fraud fine in Britain, FT reports

FSA is expected to announce that they have fined Goldman and what amount they have fined the bank as early as tomorrow

1 day, 4 hours AGO
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Loonie gains after rate hike

The currency climbed versus all 16 of its most-traded counterparts as the Bank of Canada lifted its target rate to 1%

1 day, 4 hours AGO
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Housing market not in free fall: Conference Board

Canada’s cooling housing market continues to put the brakes to residential building plans in Canada, although the slowing trend in no way signals a U.S.-style housing free fall, the Conference Board said Wednesday

1 day, 4 hours AGO
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Viterra profit falls 47%

Viterra Inc., Canada’s biggest grain handler and farm retailer, said on Wednesday its quarterly profit fell 47% as wet spring growing conditions sharply cut Western Canada’s crop acreage

1 day, 6 hours AGO
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TransCanada restarts Keystone pipeline

TransCanada Corp. restarted its Keystone oil pipeline on Wednesday following a week of unscheduled maintenance and has resumed shipping Canadian crude to refineries in southern Illinois

1 day, 6 hours AGO
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Agrium debt risk rises on possible asset purchases

The cost to protect Agrium Inc. bonds from default surged on concern that the fertilizer maker may take on more debt to finance the purchase of assets from Potash Corp. of Saskatchewan Inc.

1 day, 6 hours AGO
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Beige Book shows U.S. recovery faltering

The U.S. Federal Reserve observed “widespread signs” that economic growth had eased in the six weeks through the end of August, it said on Wednesday in a report suggesting the recovery was faltering along the East Coast and the Midwest

1 day, 6 hours AGO
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Banks follow BoC's lead and raise prime to 3%

Commercial banks announce rate hikes after the Bank of Canada raised its benchmark interest rate 25 basis points to 1% Wednesday morning

1 day, 6 hours AGO
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Google launches as-you-type search results

Ever wish you could type a few letters into Google and the search engine would just know what you were looking for? Well now it does.

1 day, 6 hours AGO
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Flash crash remains a mystery

Regulators probing the stock market “flash crash” last May still have not uncovered a single cause but will point to “stub quotes” and other previously identified issues as having exacerbated the market’s dramatic drop, according to two sources familiar with the probe

1 day, 6 hours AGO
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Ivey index jumps

Purchases by Canadian businesses and governments jumped more than expected in August

1 day, 8 hours AGO
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TSX climbs after rate hike

Markets rose in Canada after the Bank of Canada raised its key lending rate for the third time this year

1 day, 8 hours AGO
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Sanofi CEO talks takeover with Genzyme investors

Sanofi-Aventis SA’s Chief Executive Officer Chris Viehbacher took his case for a takeover directly to Genzyme Corp.’s investors in meetings in New York yesterday, according to two people who attended

1 day, 8 hours AGO
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Airgas rejects sweetened offer from Air Products

Airgas Inc. rejected a sweetened US$5.5-billion bid from Air Products & Chemicals Inc. and committed to solicit other offers by June if shareholders vote against holding two annual meetings in the space of four months

1 day, 8 hours AGO
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