TORONTO, March 16 The resource-heavy Canadian dollar turned positive on Friday against its U.S. counterpart after data showed U.S. consumer prices rose by the most in 10 months in February.
TORONTO, Feb 7 Canada's main stock index turned lower on Tuesday, as mining and energy shares were down on sluggish demand from top consumer China and uncertainty about Greece's ability to secure a bailout in time to avoid a messy default.
TORONTO The Canadian dollar closed stronger on Monday, recovering after touching its lowest level in nearly three weeks, mirroring gains in the euro and commodities even as many investors remain bearish on the prospects for riskier assets.
Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation told Reuters on Wednesday.
Sprint Nextel shares fell as much as 17 percent on Tuesday as investors worried about the cost of selling the Apple Inc iPhone on top of its plans to upgrade its network and its debt obligations.
Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month.
Eastman Kodak Co shares fell almost 70 percent on Friday afternoon on concerns the photography pioneer could file for bankruptcy.
Oracle and Autonomy escalated their war of words on Thursday, sparring publicly over whether the British software firm had ever been shopped to the U.S. technology giant.
Amazon.com Inc introduced its eagerly awaited tablet computer on Wednesday with a price tag that could make it the first strong competitor in a tablet market that has been dominated by Apple Inc’s iPad. The new device, priced at $199, may have the biggest impact on other makers of tablets and e-readers, such as Samsung Electronics Co Ltd and Barnes & Noble Inc, maker of the Nook.
Facebook unveiled new features that center on the way users listen to music and watch TV, offering tie-ups with the likes of Spotify and Hulu, as it attempts to make media an integral part of its service. The features, which also include ways for users to spiff up profiles in a magazine, photo-heavy style, were introduced on Thursday during Facebook’s annual f8 developers’ conference in San Francisco by Facebook Chief Executive Mark Zuckerberg.