Forex Online Tutorial
  • Author: Anderson
  • Published: Nov 24th, 2009

Facebook creates dual-class stock

Tags:
Categories: Forex Trading

Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company.
Several major Canadian companies also use a similar structure including Teck Resources Ltd., Magna International Inc. and Shaw Communications Inc.
(read more)

  • Author: Billy
  • Published: Nov 24th, 2009

Retail sales fall

Tags:
Categories: Business

Saskatchewan bucked the national trend toward stronger retail sales in September, posting monthly and year-over-year declines, Statistics Canada says.

Doug Elliott, publisher of SaskTrends Monitor, said retail sales are down compared with last year, which was a strong year for consumer spending, but that should change in December.
(read more)

  • Author: Anderson
  • Published: Nov 24th, 2009

TSX down Tuesday on unemployment worries

Tags:
Categories: TSX

Canadian stock markets dropped Tuesday on reports of higher unemployment and lower economic growth on both sides of the border.

Bank of Montreal closed down 41 cents, or 0.8 per cent, at $53.14 despite reporting Q4 earnings of $647 million, or $1.11 a share, a 16-per-cent improvement from a year earlier. Revenue grew six per cent to $2.99 billion, from $2.81 billion. Profits jumped 22 per cent at BMO’s Canadian banking operations, while trading revenue fell 47 per cent. BMO also announced a deal to buy the North American operations of Diners Club from troubled U.S. banking giant Citigroup. Next of the big five Canadian banks up with earnings are CIBC and TD Bank on Dec. 3, then the Royal Bank on Dec. 4, and Scotiabank on Dec. 8.
(read more)

  • Author: Douglas
  • Published: Sep 8th, 2009

TSX closes higher (September,2009)

Tags:
Categories: Market Update, TSX

TSX closed higher as commodity stocks helped send the TSX to its highest close of the year thanks to a weak U.S. dollar and optimism over a weekend pledge by the world’s 20 biggest economies to support the global recovery with stimulus efforts.

The S&P/TSX composite index closed up 87.83 points to 11,105.3 as the energy sector gained 2.45 per cent on higher oil prices.
(read more)

  • Author: Anderson
  • Published: Sep 8th, 2009

US Loses The Top Rank

Tags:
Categories: Business, Global Economy

The United States seems to has lost its place as the most competitive economy in the world. A couple of reasons include financial crisis and accumulated fiscal deficits, according to a new annual survey.

Canada moved up to ninth place from 10th place last year and 13th place in 2007.
(read more)

© 2009 Forex Online Tutorial. All Rights Reserved.

Privacy Policy - About - Disclaimer - Contact