German telecoms giant Deutsche Telekom said Thursday that profits fell by two thirds in 2011 as losses stemming from the Greek crisis led to a huge net loss in the fourth quarter.Deutsche Telekom said ...

The debt crisis will drag the eurozone into a long-warned double-dip recession this year, pulling down most neighbouring non-euro economies in its wake, the EU said Thursday.Fresh after a decision to mount ...

British utility group Centrica said Thursday that its net profits plunged 78 percent last year, hit by a large one-off charge, weak economic conditions, mild weather and higher wholesale gas prices.Earnings ...

European stock markets diverged and the euro rose against the dollar on Thursday as traders reacted to mixed earnings from the region's biggest banks and varied eurozone economic data.Dealers were also ...

State-rescued Royal Bank of Scotland on Thursday said its net losses widened to almost £2 billion in 2011, hit by the Greek debt crisis and compensation linked to insurance mis-selling.RBS, 82-percent ...

The French-Belgian bank Dexia, rescued with government support, reported on Thursday a net loss of 11.6 billion euros ($15.4 billion) for 2011, marking a record for French banks.This huge figure is not, ...

Commerzbank, Germany's second-biggest bank, said Thursday that the eurozone debt crisis and losses on its investments in Greece slashed profits in half in 2011.The bank also announced new plans to beef ...

Spanish power group Iberdrola posted Thursday a 2011 net profit of 2.805 billion euros ($3.7 billion), a slip of 2.3 percent owing to a "complicated operating environment."Iberdrola's sales gained ...

German insurance giant Allianz said Thursday natural catastrophes and losses on its investments in Greece slashed its bottom-line in half in 2011.Allianz said in a statement it had booked net profit of ...

SelectCore Appoints Prepaid Executive to Head Financial Services Division

Melior Announces Filing of Second Quarter Financials and MD&A

Redhill Closes Acquisition of Prospecting License Within Tembo's Claim Block

Horn Petroleum Operations Update

NMC Resource (TSX VENTURE:NRC.V - News) Continues to Improve Its Molybdenum Production Profile

VANCOUVER , Feb. 23, 2012 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) is pleased to announce the results from expansion drilling at the La Negra and La Morocha silver deposits, part of ...

Regulus and Pachamama Announce Signing of Arrangement Agreement

M Partners Initiates Coverage of Excelsior Mining Corp.

Northcore Announces Contract Renewal of Key Enterprise Client

Toronto's resource heavy main stock index was set for a slightly higher open on Thursday, buoyed by strong commodity prices and better-than-expected German business sentiment, which rose for a fourth straight ...

The Canadian dollar strengthened back through parity against the U.S. dollar on Thursday as better-than-expected German data eased concerns about a bleak euro zone economic outlook and a rally in oil prices ...

CCL Industries Reports a 38% Increase in Fourth Quarter 2011 Net Earnings As Sales Rise 13%. Board Approves Raising Dividend by 11%.

Strike Identifies 25-km Long Conductor at Simon Lake Graphite Project

Brigus Gold Corp. Announces $15 Million Bought Deal Equity Financing

Sears Holdings Corp reported a big quarterly net loss as the U.S. retailer struggled to woo shoppers in the key holiday selling season. The operator of Sears department stores and the Kmart discount chain ...

By Anne D'Innocenzio, The Associated Press NEW YORK, N.Y. - Target Corp. is reporting a 5.2 per cent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers ...

Target Corp posted a higher adjusted quarterly profit as the retailer's sales rose during the holiday season. Target earned $981 million, or $1.45 per share, in the fiscal fourth quarter, compared with ...

Ram Power, Corp. Announces Updates for the Casita Project

NYSE Amex: BQICALGARY , Feb. 23, 2012 /CNW/ - Oilsands Quest Inc. (NYSE Amex: BQI) ("Oilsands Quest," or "the Company") has received approval from the Alberta Court of Queen's Bench ...

Trading Symbol RCR: TSXVTORONTO , Feb. 23, 2012 /CNW/ - Rockcliff Resources Inc. ("Rockcliff") (RCR: Tier 1 TSXV) is pleased to announce that drilling has commenced at the Spruce Point Property ...

BRAMPTON, ON, Feb. 23, 2012 /CNW/ - Loblaw Companies Limited (TSX:L.TO - News) ("Loblaw" or the "Company") today announced its unaudited financial results for the fourth quarter of 2011 and ...

GoldQuest Mining Corp. (TSX VENTURE:GQC.V - News) Announces That It Will Commence a New 3,000 Meter Drill Program on Its 100% Owned La Escandalosa Property, on February 22, 2012

Falcon Gold Options Burton Gold Property to Trelawney Mining & Exploration

INV Metals Provides Exploration Update