Business News

• Aircraft maker Boeing and machinists union open contract negotiations The Canadian Press - 56 minutes ago

  SEATTLE - Boeing Co. and Machinists union representatives met Friday to open contract talks, exchanging proposals on pay, pensions, health care and other issues.

• Power Corporation of Canada raising dividend despite lower investment gains The Canadian Press - 2 hours, 18 minutes ago

  MONTREAL - Power Corporation of Canada (TSX:POW) raised its quarterly dividend by 20 per cent Friday as the holding company reported higher net income despite lower investment gains.

• Shipping company FedEx cuts Q4 profit forecast, blames fuel costs The Canadian Press - 2 hours, 46 minutes ago

  MEMPHIS, Tenn. - FedEx Corp. cut its fourth-quarter earnings expectations Friday, blaming continuing increases in fuel costs.

• MDA has no plans to try to sell space division again, CEO says The Canadian Press - 2 hours, 47 minutes ago

  VANCOUVER - The CEO of MacDonald Dettwiler and Associates Ltd. (TSX:MDA) said he has no plans to try and resell the space division after its potential sale to an American defence firm was officially killed by Ottawa on Friday.

• 
  Pizza Hut rolling out all-natural pizza Reuters - Fri May 9, 6:57 PM

  LOS ANGELES (Reuters) - YUM ! Brands Inc's Pizza Hut said on Friday it is responding to consumer demand for healthier food options by rolling out a new pizza made with all-natural ingredients.

More Business Stories

• Tax fears prompt Aeroplan Income Fund to convert to a growth-oriented corporation
  The Canadian Press - Fri May 9, 6:56 PM
• March U.S. trade deficit drops by bigger-than-expected amount
  The Canadian Press - Fri May 9, 6:54 PM
• Agnico-Eagle bullish about prospects with new mines coming onstream: CEO
  The Canadian Press - Fri May 9, 6:00 PM
• Citigroup to slash 400 bln dlrs in assets
  AFP - Fri May 9, 5:35 PM
• GMP Capital Trust Q1 profit halved to $21M; revenue off 18 per cent to $94.1M
  The Canadian Press - Fri May 9, 5:26 PM
• Gas jumps above $3.67, oil passes $126 on Venezuela concerns
  The Canadian Press - Fri May 9, 5:25 PM
• Magellan Aerospace reports Q1 profit of $2.1 M, up from $1.7M loss a year ago
  The Canadian Press - Fri May 9, 5:24 PM
• Toronto stocks hit by profit-taking despite oil
  Reuters - Fri May 9, 5:10 PM
• Canadian dollar up over a cent, bonds rally
  Reuters - Fri May 9, 4:55 PM
• US trade gap soothed by falling imports, weak dollar
  AFP - Fri May 9, 4:04 PM
• Citigroup aims to shed nearly US$500B in assets and grow revenue
  The Canadian Press - Fri May 9, 4:04 PM
• Oil prices extend record run, break 126 dollars
  AFP - Fri May 9, 3:53 PM
• IMF approves 3.65 billion dollar loan to Turkey
  AFP - Fri May 9, 3:19 PM
• EDF makes offer for British Energy: report
  AFP - Fri May 9, 3:05 PM
• Economy creates 19,200 jobs but cracks emerge; jobless rate up to 6.1 per cent
  The Canadian Press - Fri May 9, 2:30 PM
• Decision on Danish euro referendum in next two months: PM
  AFP - Fri May 9, 2:24 PM
• High Liner Foods net income $7.2 million in '07; CEO predicts price hikes
  The Canadian Press - Fri May 9, 2:17 PM
• Power Corp of Canada net income rises on gain
  Reuters - Fri May 9, 2:15 PM
• ACE launches C$500 mln buyback as net income falls
  Reuters - Fri May 9, 2:11 PM
• Oil hits record over $126/bbl as bull run goes on
  Reuters - Fri May 9, 2:00 PM

Business News Archive