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AIMCo approached to join bid for PotashCorp, but staying on sidelines for now |
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Written by Lauren Krugel, The Canadian Press
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Thursday, September 02 2010, 3:46 PM |
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CALGARY - Alberta's pension fund manager has been approached by state-owned wealth funds from China to possibly join a bid for fertilizer giant PotashCorp. (TSX:POT), but it said Thursday it intends to stay on the sidelines for now.
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Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor |
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Written by Alan Sayre, The Associated Press
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Thursday, September 02 2010, 3:24 PM |
 NEW ORLEANS - The Coast Guard is saying there are no immediate signs of a spill from an oil platform fire in the Gulf of Mexico off the Louisiana coast.
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Funk band War tells PepsiCo 'We can't be friends' |
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Written by The Associated Press
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Thursday, September 02 2010, 3:20 PM |
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LOS ANGELES, Calif. - Members of the original funk band War say they can't be friends with PepsiCo.
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Oil platform explodes, catches fire off La. coast; all 13 crew members are rescued from Gulf |
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Written by Alan Sayre, The Associated Press
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Thursday, September 02 2010, 3:12 PM |
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NEW ORLEANS - An oil platform exploded and caught fire Thursday off the Louisiana coast, the second such disaster in the Gulf of Mexico in less than five months. All 13 crew members were rescued from the water in protective "Gumby suits."
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Canada's five biggest banks earned $4.8 billion in third quarter |
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Written by David Friend and Sunny Freeman, The Canadian Press
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Thursday, September 02 2010, 3:02 PM |
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TORONTO - Canada's five biggest banks earned a combined $4.8 billion in third-quarter profit — nine per cent more than last year — as they cashed in on strong growth in mortgages, consumer and corporate loans and other retail operations.
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Coast Guard backs off earlier report of oil sheen from Gulf platform explosion off La. coast |
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Written by Alan Sayre, The Associated Press
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Thursday, September 02 2010, 2:52 PM |
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NEW ORLEANS - The Coast Guard is backing off its earlier report that an oil sheen about a mile long was spreading following a platform explosion in the Gulf of Mexico.
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U.S. data helps lift TSX; bank stocks lead even as TD narrowly misses forecasts |
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Written by Malcolm Morrison, The Canadian Press
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Thursday, September 02 2010, 2:35 PM |
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TORONTO - The Toronto stock market closed at a three-and-a-half month high Thursday as further signs of U.S. economic growth helped lift most sectors, including financials even as TD Bank (TSX:TD) delivered earnings that narrowly missed expectations.
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Better times ahead for Canada's oil companies with expected $8.4B profit in 2010 |
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Written by Lauren Krugel, The Canadian Press
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Thursday, September 02 2010, 2:23 PM |
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CALGARY - A business think-tank sees rosier times ahead for Canadian oil producers, who are expected to reap $8.4-billion in profits this year as the world economy recovers from the recession and energy demand picks up.
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