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

2:00 am

BG Group faces technical hurdle

BG posted a full-year operating loss of $1.4 billion compared to $4.2 billion profit a year earlier, as production fell 4% to 606,000 barrels of oil equivalent

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