No profit guarantee for N.S. in TrentonWorks deal with Daewoo, premier says
THE CANADIAN PRESS
11 Mar, 2010 0 0
HALIFAX, N.S. - Nova Scotia Premier Darrell Dexter has revealed there is no guarantee that any potential profits from a wind turbine manufacturing plant will flow into government coffers despite a 49 per cent equity stake funded by taxpayers.
Dexter says the decision on what to do with any profi
Americans' net worth grows at end of last year but still well below pre-recession peak
Dave Carpenter,Jeannine Aversa, THE ASSOCIATED PRESS
11 Mar, 2010 0 0
WASHINGTON - Americans regained more of their shrunken wealth last quarter, mainly because the healing U.S. economy boosted stock portfolios. But the gain was less than in the previous two quarters.
The U.S. Federal Reserve reported Thursday that household net worth rose 1.3 per cent in the four
Ballard en route to growth as interest in fuel cell technology heats up
Sunny Freeman , THE CANADIAN PRESS
11 Mar, 2010 0 0
Ballard Power Systems is in a strong position for growth this year as the international community becomes increasingly interested in the role fuel cells play in a clean-energy future, company officials said Thursday.
President and CEO John Sheridan said the company is uniquely positioned to capi
Cominar REIT's Q4 rise 36.5 per cent to $8.4 million
THE CANADIAN PRESS
11 Mar, 2010 0 0
QUEBEC - The largest commercial property owner in Quebec, Cominar Real Estate Investment Trust (TSX:CUF.UN), had a $8.4-million profit in the fourth quarter.
The net income for the three months ended Dec. 31 amounted to 15 cents per unit - up from 13 cents or $6.1 million a year earlier.
Comi
Crescent Point posts fourth-quarter loss on hedging losses
THE CANADIAN PRESS
11 Mar, 2010 0 0
CALGARY - Crescent Point Energy Corp. (TSX:CPG), an oil and gas producer, reported a fourth-quarter loss of $4 million compared to a profit of $361 million in the same quarter of 2008, its results affected by losses this year and gains in the last due to its hedging program.
The loss amounted to
Kinross takeover offer values Underworld Resources at $139.2 million
THE CANADIAN PRESS
11 Mar, 2010 0 0
TORONTO - Kinross Gold Corp. (TSX:K) is offering to pay a premium to buy the rest of Underworld Resources Inc. (TSXV:UW) in a stock-and-cash deal that values the junior mining company at $139.2 million.
Kinross, which is one of Canada's largest gold producers, already owns 8.5 per cent of Underw
Stocks little changed as investors continue to digest last week's big advance
Malcolm Morrison, THE CANADIAN PRESS
11 Mar, 2010 1 26
TORONTO - The Toronto stock market was little changed late Thursday morning as tech stocks provided lift and commodity stocks recovered from early declines sparked by higher Chinese inflation data.
The S&P/TSX composite index was down a fifth of a point to 11,960.9 and the Canadian dollar was of
January US trade deficit shrinks to $37.3B as imports fall more than exports
Martin Crutsinger, THE ASSOCIATED PRESS
11 Mar, 2010 0 0
WASHINGTON - The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
The Commerce Department said that the trade
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