Wed, 16 May, 2012, 2:06 PM EDT - Canadian Markets close in 1 hr 54 mins

US Justice Dept. investigates JPMorgan: reports

Shareholders sue JPMorgan over $2 billion trading loss

Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing ...

Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing ... More »Shareholders sue JPMorgan over $2 billion trading loss

To match Insight CANADA/OIL-SANDS

Resource-rich Western Canada is going from strength to greater strength, according to … More »Economic growth tilted toward the We …

Toronto Stock Exchange logo is seen in Toronto

Canadian stocks rose on Wednesday, snapping three straight losing sessions, as resource … More »TSX rallies on U.S. data, Greek hope …

  • A flag announcing the IPO of Facebook flies next to the American flag outside the offices of J.P. Morgan in New York City
    Facebook boosts IPO size by 25 per cent

    Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term … More »Facebook boosts IPO size by 25 per cent

    A flag announcing the IPO of Facebook flies next to the American flag outside the offices of J.P. Morgan in New York City

    Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money. Facebook, founded eight years ago by Mark Zuckerberg in a Harvard dorm room, …

  • A worker checks the blanked blades of kitchen knives at the production facility of Swiss knife manufacturer Victorinox in the village of Ibach
    Canada factory sales jump, add fuel to rate-hike talk

    Canadian factory sales blew past expectations in March with the biggest gain in six months due to vigor in the oil industry, putting the economy back on a growth track after a surprise contraction in February. ... More »Canada factory sales jump, add fuel to rate-hike talk

    A worker checks the blanked blades of kitchen knives at the production facility of Swiss knife manufacturer Victorinox in the village of Ibach

    Canadian factory sales blew past expectations in March with the biggest gain in six months due to vigor in the oil industry, putting the economy back on a growth track after a surprise contraction in February. ...

  • US new-home sales fell to 313,000 in February, 2nd straight drop; sales prices rose

    The Re/Max real-estate sales organization says demand for high-priced housing was strong in most Canadian markets in the first months of this year, with records ...

  • A woman walks her dog past the Sears store in downtown Vancouver, B.C., on Friday March 2, 2012. Sears Canada Inc. (TSX:SCC) is shutting the doors of three high-profile department stores in major Canadian cities, affecting some 670 jobs, as the retailer tries to turn around flagging profits. Sears Canada said Friday that locations in Vancouver, Calgary and Ottawa will close by the end of October. THE CANADIAN PRESS/Darryl Dyck

    A big pre-tax gain on lease terminations allowed Sears Canada Inc. to post a healthy net profit in the first quarter despite declining sales. Sears said Wednesday ...

  • By The Associated Press FRANKFURT - European Central Bank head Mario Draghi said Wednesday that the "strong preference" of the ECB's leadership is for financially troubled Greece to stay in the ...

  • Target's 1Q profits up 1.2 per cent  but sales rose 6 per cent; outlook raised

    By Anne D'Innocenzio, The Associated Press NEW YORK, N.Y. - Target Corp., the big American retailer poised to move into Canada next year, has reported a 1.2 per cent increase in first-quarter profit and ...

  • Moody's to downgrade 21 Spanish banks: report

    Moody's is set to 'significantly' downgrade 21 Spanish banks within a week, following a cut of credit ratings on Italian banks, the Spanish economic daily Expansion said on Wednesday."Sources in the ...

  • Gold bars are displayed at a gold jewellery shop in the northern Indian city of Chandigarh

    Gold extended losses on Wednesday to slip to its weakest level since late December after the collapse of efforts in Greece to form a new government, prompting investors to cut exposure to the precious metal. Bullion has this year been moving in tandem with assets that are perceived to be risky, shedding its status as a …

 

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