Friday, February 10, 2012


U.S. sees record Black Friday sales
U.S. retailers racked up a record $52.4 billion in sales over the Thanksgiving weekend, a 16.4% jump from a year ago, as early hours and attractive promotions brought out more shoppers.

Outlook for Canadian banks sours as Euro woes weigh
A volatile year for Canadian banking results is likely to end on a soft note, and the outlook for 2012 won't inspire confidence as Europe's debt troubles deepen and Canadian borrowers turn shy.



Twelve days of Christmas to cost 3.5% more
Your partridge and your pear tree are going to cost about 3.5% more this year than last.



RIM downgraded on competition fears
Sterne Agee downgraded Research In Motion Ltd to "neutral" from "buy," and said it expects increased competition to hurt the BlackBerry maker's margins.



Cameco pulls out of bidding war for Hathor
Cameco Corp said Monday it is backing out of a bidding war for Hathor Exploration after Anglo-Australian miner Rio Tinto sweetened its bid to C$654 million.



Bombardier wins $214M Indian train contract
Bombardier Inc's train unit received a contract to make railway equipment for India's Mumbai Railway Vikas Corp(MRVC).


 Canadian real estate becoming more affordable, RBC says
 Budget deficit shrinks on higher income tax
 Teachers' to keep control of Maple Leaf Sports
 Britain to face biggest strike in 30 years

All news


18:00 HE


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