Top Story

Fri 4:05 pm

Wall Street drops, all three major averages post significant February gains

U.S. stocks finished moderately lower on Friday after a series of economic reports, including a second reading on fourth quarter GDP showed a 2.2% annual growth rate, lower than the previous 2.6% estimate. But the Dow rose 5.6% for the month, the Nasdaq jumped 7.1%, while the S&P 500 gained 5.5% in February, the best monthly percentage gains since 2011.

Breaking News

Friday, February 27, 4:36 pm

Bombardier closes US$868 mln equity financing, 45% above original target

Bombardier (TSE:BBD.B), the world’s largest plane and train maker, raised US$868 million (C$1.1 billion), almost 45 percent above the original US$600 million target for the equity issue. The...

International

8:01 pm

Yellow Brick Road on track for underlying EBITDA profit in FY2015

The acquisitions of Vow Financial and Resi Mortgage Corporation has allowed Yellow Brick Road to capture economies of scale. Cost growth was contained at 33%, improving the operating expense to gross profit ratio by a...

Articles

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