Harper hands GM billions in apparent about-face
Federal taxpayers will subsidize pensioners after all
Federal taxpayers will subsidize pensioners after all
GM shares tumble as auto maker edges closer to bankruptcy filing; financials drop on TSX
Concerns over provisions for bad loans trigger rating downgrade
| Rank | Headline |
|---|---|
| 4. | Saudi predicts new oil spike amid investment fearsIMF agrees with medium-term volatility forecast, but sees stable oil markets in short term |
| 5. | Ending an era, Teachers unloads BCE stakeSale of 4-per-cent share in telecommunications giant - once fund's single largest holding - signals demise of tumultuous relationship |
| 6. | Ottawa aims to dull sting of rising deficitFlaherty won't reveal shortfall; watchdog estimates $40-billion |
| 7. | Profitable TD ‘feeling quite good'Quarterly earnings of $618-million beat analyst expectations |
| 8. | BMO profit falls on loan provisionsBank of Montreal posts better-than-expected earnings of $358-million |
| 9. | Royal Bank loses $50-millionPreviously disclosed charge pulls Canada's biggest bank into the red; results meet expectations when the charge is factored out |
| 10. | Charges send CIBC to $51-million lossBank's writedowns greater than expected; CEO encouraged by improving economic outlook |
| 11. | Gasoline breaks through $1 levelAverage price across Canada reaches highest level in seven months, seasonal factor cited |
| 12. | GM's bond swap fails; bankruptcy is next stepDebt holders refuse to trade for stock; U.S. stake in auto maker could rise to 69% |
| 13. | World economy stabilizing, Krugman saysI will not be surprised to see world trade stabilize, world industrial production stabilize and start to grow two months from now, Nobel Prize-winning economist says |
| 14. | Hedge fund manager Tardif resigns from SprottCharles Oliver and Jamie Horvat to take over his funds at Sprott Asset Management |
| 15. | Air Canada strikes deal with credit card companiesAirline secures agreement to lower cash requirement |