Wednesday August 27, 2014




National Business


top story

Canada Post earns profit, gets boost from parcels and lower pension costs

OTTAWA - The Canada Post Group of Companies reported Wednesday a net profit of $67 million in the second quarter, boosted by growth in its parcel delivery business and lower pension costs...

posted: August 27,2014





National Business

OSC clears key players in Baffinland takeover battle of tipping, insider trading

TORONTO - The Ontario Securities Commission has dismissed allegations of insider trading and tipping against Jowdat Waheed and Bruce Walter, key figures in a company that waged a 2011 bidding war for Baffinland Iron Mines Corp....


Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange:...


Resource stocks pull TSX lower, National Bank beats earnings expectations

TORONTO - The Toronto stock market chalked up a minor loss Wednesday as traders continued to digest earnings reports from the Canadian banking sector, in this case a solid report from National Bank (TSX:NA)....


Canadian dollar up, currency benefits from Burger King's Tim Horton acquisition

TORONTO - The Canadian dollar closed sharply higher Wednesday, benefiting from a major deal that will see American fast food giant Burger King buy Canadian coffee and doughnut chain Tim Hortons for $12.5 billion....


National Bank works on attracting wealthy clients to its credit card business

MONTREAL - National Bank, the country's sixth-largest lender, sees an opportunity to grow by attracting more wealthy Canadians to its credit card business....


Alaska voters reject repeal of 2013 petroleum production tax; 'No' votes take decisive lead

ANCHORAGE, Alaska - Alaska voters have retained a new petroleum production tax system that offers hope of increased investment and jobs but drew criticism as a giveaway to already profitable oil companies....






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