Canadian dollar on a roll
Loonie tops 90 cents off as U.S. currency loses favour; traders shrug off sketchy Canadian economic picture
Loonie tops 90 cents off as U.S. currency loses favour; traders shrug off sketchy Canadian economic picture
Tentative deal comes after Fiat pulls out; process to rescue German auto maker ‘taking on the air of a Brazilian soap opera,' Marchionne says
Previously disclosed charge pulls Canada's biggest bank into the red; results meet expectations when the charge is factored out
| Rank | Headline |
|---|---|
| 4. | CanWest skips interest payment to conserve cashMedia company says $10-million breach not expected to trigger loan-repayment demands |
| 5. | U.S. economic slump easesGDP declines less than estimated; analysts see signs of improvement |
| 6. | Gold jumps above $970/oz as dollar weakensPrecious metal climbs to firmest level since late February |
| 7. | Macquarie snaps up Tristone for $130-millionAcquisition of Calgary-based energy investment bank will give Australian group broader geographic reach |
| 8. | Oil surges above $65Crude hits six-month high, riding wave of optimism over economic recovery |
| 9. | UK data signals worst of downturn may be overHouse prices up for second time in three months in May; consumer confidence holds steady |
| 10. | Markets set to end May on a better noteMonth has been marked by volatility; Currency and oil outlooks pose threats |
| 11. | Hunting for bargainsBuy the good companies when they're cheap |
| 12. | Economic data boosts hopes of recoveryJapanese factory output posts biggest monthly gain since 1953; Indian economic growth holds up better than expected |
| 13. | Copper bounces to three-week highCopper headed for 7.7 percent rise in May, fifth in a row |
| 14. | Tiffany's profit falls, but meets expectationsLuxury jewellery retailer made $24.3-million in the first quarter |
| 15. | Highstreet Canadian's manager flags some long term findsMelanie Blue finds some stocks with higher earnings growth rates than the benchmark and lower valuations |