Thursday September 02, 2010

Business


top story

Eldorado Gold approaches Andean Resources with $3.4-billion merger proposal

VANCOUVER - Eldorado Gold Corp. (TSX:ELD) says it has approached Andean Resources Ltd. (TSX:AND) with a $3.4-billion merger proposal....

posted: September 2,2010





Business

Dell ends bidding contest over data-storage maker 3Par, will not match HP

SEATTLE - Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc....


Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:...


AIMCo approached to join bid for PotashCorp, but staying on sidelines for now

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....


Canada's five biggest banks earned $4.8 billion in third quarter

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....


U.S. data helps lift TSX; bank stocks lead even as TD narrowly misses forecasts

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...


Better times ahead for Canada's oil companies with expected $8.4B profit in 2010

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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