Capital Power quarterly profit plummets to $12M; revenue falls to $458M

Posted by on April 29, 2011 No comments

By The Canadian Press EDMONTON – Capital Power Corp. (TSX: CPX) reports first-quarter net income of $3 million or six cents per share, compared with net income of $12 million or 55 cents per share in the …

Toronto stock market could open lower on gloomy RIM outlook, weak GDP data

Posted by on April 29, 2011 No comments

By Sunny Freeman, The Canadian Press TORONTO – The Toronto stock market was poised for a slightly lower open on a gloomy outlook from market heavyweight Research in Motion and weaker-than-expected data …

Statistics Canada says real gross domestic product fell 0.2 per cent in February

Posted by on April 29, 2011 No comments

By The Canadian Press OTTAWA – Statistics Canada says real gross domestic product fell 0.2 per cent in February following a 0.5 per cent increase in January.

Lear 1Q profit more than doubles as global auto industry recovery continues

Posted by on April 29, 2011 No comments

By The Associated Press SOUTHFIELD, Mich. – Auto parts maker Lear Corp. said Friday that its first-quarter profit more than doubled as global vehicle production improved and seating and electric power …

Toronto stock market could open lower on gloomy RIM outlook, ahead of GDP data

Posted by on April 29, 2011 No comments

By Sunny Freeman, The Canadian Press TORONTO – The Toronto stock market was poised for a slightly lower open on a gloomy outlook from market heavyweight Research in Motion and ahead of fresh economic data …

Stocks: Focus on earnings, gold and dollar

Posted by on April 29, 2011 No comments

Investors were hoping for another day of gains, with U.S. stock futures edging higher ahead of Friday’s opening bell on the back of relatively decent earnings.

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