Canadian food processer opening US HQ in Indiana

Posted by on April 28, 2011 No comments

By The Canadian Press LEBANON, Ind. – A Canadian specialty foods maker says it will put its U.S. headquarters in central Indiana, creating up to 300 jobs in the next two years. Skjodt (SHAWT)-Barrett Foods …

Big wireless carriers get subscriber permission to use, share location data

Posted by on April 28, 2011 No comments

By Joelle Tessler, The Associated Press WASHINGTON – The four largest wireless carriers in the U.S. say they obtain customer permission before using a subscriber’s physical location to provide driving …

RIM moves Q1 guidance down due to lower shipments, lower selling prices

Posted by on April 28, 2011 No comments

By The Canadian Press WATERLOO, Ont. – Research In Motion (TSX:RIM) says it’s moving its financial guidance downward for the first-quarter based on lower than expected shipments of BlackBerry smartphones …

Stocks hit fresh highs as dollar weakens

Posted by on April 28, 2011 No comments

U.S. stocks rose to multi-year highs on Thursday, as investors dismissed a series of mixed earnings reports as well as disappointing economic news.

Canadian Oil Sands Q1 profit rises to $324 million on good Syncrude production

Posted by on April 28, 2011 No comments

By The Canadian Press CALGARY – Canadian Oil Sands Ltd. (TSX:COS) first-quarter profit rose to $324 million from a year-earlier $176 million on improved production and higher oil prices. Quarterly dividend …

Toronto stock market closes marginally in the green as commodities finish higher

Posted by on April 28, 2011 No comments

By Sunny Freeman, The Canadian Press TORONTO – The Toronto stock market closed in the green with a razor-thing gain Thursday as commodity prices ended the session higher and traders awaited Canadian economic …

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