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Money - Feed
Find the latest news stories from Ottawa Sun on the topic Money. |
 Facebook prices IPO at $38Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.
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 Caviar condos set to flood Toronto marketFive months after buying one of Toronto's new luxury hotel condominiums, Oliver Baumeister is girding for a glut of suites like his to hit the market as the biggest names in the hotel business open hundreds of units in Canada's largest city.
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 TSX rebounds after strong North American dataCanada's main stock index turned positive by mid-morning on Friday as constructive North American data helped to offset political uncertainty in Greece, negative economic surprises from China and shock trading losses at JPMorgan Chase.
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 $1.5B class action suit launched against SNC-LavalinEngineering giant SNC-Lavalin has taken another hit over its controversial ties to Libya's Gadhafi regime with word Wednesday of a $1.5 billion class action suit by investors.
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 Good student debt, bad student debtIt wasn't that long ago that high school seniors and their parents met astronomical college loans with a shrug and a signature: Whatever it took to send junior to his "first choice" school was a small price to pay.
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 Financial misdeeds paid for by poor: Carney
[Video]The poor and the unemployed have paid a disproportionately high price for the failings of the financial world, Bank of Canada Governor Mark Carney says.
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 Bank of Canada unveils new polymer $20
[Video]Some bewildered Canadians have greeted them as funny money, but the Bank of Canada wants you to know they're counterfeit-fighters.
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 TSX falls on euro zone worries
[Video]Toronto's main stock index fell sharply on Monday as oil and other resource-based commodities tumbled after Greek and French election results rattled investors.
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 Aid caught in the crossfire, but trade worksRemember the famous 1985 Live Aid concert? It was supposed to end (forever, we were told) the problem of starving Ethiopians.
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 European shares slump after French, Greek votesEuropean equities slump to 4-1/2 month lows on Monday, with the results of elections in France and Greece showing public discontent with austerity measures and casting doubt over the euro zone's ability to fix its debt crisis.
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 TSX sinks nearly 2% on Europe fearsToronto's main stock index tumbled nearly 2% in early Monday trading.
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 Wal-Mart shares down after bribery allegationsWal-Mart Stores Inc shares were down 3.1 percent in early premarket trading on Monday following an article in the New York Times this weekend alleging that the world's largest retailer stymied an internal probe into bribery at its Mexican affiliate, Wal-Mart de Mexico.
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 Facebook picks Nasdaq for marquee listingFacebook Inc, preparing what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden U.S. bourse, a source familiar with the situation said on Thursday.
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 Target's Canada move to be reviewed for 'culture'The Canadian government has ordered a review of U.S. retail giant Target Corp's plan to move into Canada, examining whether it would be of net cultural benefit to Canada.
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 Canada lacks room for new U.S. box stores: AnalystsThe long-awaited expansion of Target Inc into Canada, announced last year, raises the question, why haven't more big U.S. chains made the seemingly easy move north into a market where established retailers are doing well.
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 Aging may boost wages, cut rates: BoCThe aging of Canada's population will put upward pressure on wages as the pool of available workers shrinks, and global aging might over time lead to lower interest rates, Bank of Canada Deputy Governor Jean Boivin said on Wednesday.
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 Regulator accuses RBC of massive trading schemeThe U.S. futures regulator accused the Royal Bank of Canada of running a "trading scheme of massive proportion" to gain lucrative Canadian tax benefits.
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 Pershing names 7th CP Rail board nomPershing Square Capital Management named a railroad veteran as its seventh nominee for Canadian Pacific Railway's board on Monday, heading off criticism that its proxy slate lacks experience in the sector.
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 Toyota adding 400 jobs in Ont.Toyota's plant in Woodstock, Ont., will boost its RAV4 production and add about 400 new jobs.
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 CP Rail's 'nice guy' CEO faces reckoningIf Fred Green has an Achilles' heel as leader of industry-laggard Canadian Pacific Railway, it may be the quintessential Canadian qualities of good manners and kindness.
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 SNC-Lavalin says CEO quitsSNC-Lavalin Group Inc said its Chief Executive Pierre Duhaime resigned after the company said it had identified material weaknesses in its internal control over financial reporting.
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 We're less optimistic about the economyCanadians and Americans are feeling less optimistic about their financial futures, a new survey shows.
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 Judge won't force Nortel to clean up landNortel cannot be forced to clean up its former telephone plant site because it's protected by federal bankruptcy law, a judge has ruled.
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 Bell to acquire rival Astral MediaCanada's BCE Inc said on Friday it has agreed to acquire Astral Media in a deal that values the television and radio program broadcaster at about $3.38 billion, including the assumption of debt.
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 Maple sees progress on TMX takeover approvalA $3.8 billion bid to take over the operator of the Toronto Stock Exchange came two steps closer to winning provincial approval on Thursday, driving up shares of Canada's TMX Group even though a competition review could still scupper the deal.
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