Business Headlines

Thu, 18 Sep 2014 14:59:26 GMT

CTV News

Ahead of IPO, Alibaba hints at US expansion
CTV News
NEW YORK -- Amazon and eBay should watch their backs. As Chinese e-commerce powerhouse Alibaba readies what could be the biggest initial public offering ever on the New York Stock Exchange, it is quietly hinting at plans to expand into the U.S. The ...
Alibaba's plan: Today, China. Tomorrow, the world.MSN Money
Alibaba IPO: What to expect as Chinese giant goes public in New YorkThe Independent
Alibaba Employees to Kick Off IPO Decked Out In Dream Team ShirtsWall Street Journal (blog)
MarketWatch -Reuters UK
all 484 news articles »
Thu, 18 Sep 2014 15:17:20 GMT

Calgary Herald

Air Canada joins WestJet in charging $25 checked bag fee for domestic flights
Winnipeg Free Press
MONTREAL - Air Canada has joined rival WestJet Airlines in charging a $25 fee for your first checked bag on domestic flights. The fee applies to passengers booking the airline's lowest economy class Tango fares, as of Thursday for flights as of Nov. 2.
Air Canada joins WestJet in charging $25 for first checked bag on domestic flightsToronto Star
Air Canada adds $25 checked bag fee for economy
Air Canada follows WestJet, to charge for first...CANOE
The Globe and Mail
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Thu, 18 Sep 2014 14:59:59 GMT

Montreal Gazette

Canadians buy $9.7B of foreign stocks and bonds in July
Canadians bought more foreign stocks and bonds in July than they have in more than seven years, Statistics Canada said Thursday. Purchases of foreign securities by Canadians jumped to $9.7 billion during the month, the data agency said Thursday.
EI beneficiaries increase in Ontario, drop in nine other provincesToronto Star
Foreign investors resume buying Canadian securities in JulyReuters Canada
Foreigners Bought C$5.30 Billion of Canada Securities in JulyBloomberg
all 18 news articles »
Thu, 18 Sep 2014 15:06:31 GMT

Toronto Star

Costco to stop accepting AmEx in Canada
Toronto Star
Costco Wholesale Corp., the largest U.S. warehouse-club chain, will stop accepting all American Express Co. cards in Canada on Jan. 1 after a breakdown in negotiations between the two companies. “The credit card relationship between American Express ...
Costco to stop accepting AmEx cards in Canada from JanuaryThe Globe and Mail
Costco to stop accepting American Express credit cards in CanadaFinancial Post
Canadian Costco Stores to Stop Accepting AmEx CardsKelownaNow
all 15 news articles »
Thu, 18 Sep 2014 13:42:32 GMT

Financial Post

TSX little changed as investors process Fed comment
Reuters Canada
TORONTO (Reuters) - Canada's main stock index was little changed on Thursday as investors digested recent commentary from the U.S. Federal Reserve about its monetary policy outlook. The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ...
CANADA STOCKS-TSX set to open higher; Scotland in focusReuters
Toronto to open
The close: TSX falls, Wall Street rises as Fed in no hurry to raise ratesThe Globe and Mail
Winnipeg Free Press -Cape Breton Post
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Thu, 18 Sep 2014 15:01:40 GMT

Business Recorder

A loonie idea: Scotland can vote 'Yes' and adopt Canadian Tire money
The Globe and Mail
So, hey, maybe the Scots should think outside the box, too, as they ponder the economic fallout should they vote “Yes” in today's independence referendum. Particularly since Britain has oft warned that it wouldn't allow a sovereign Scotland to use the pound.
CANADA FX DEBT-C$ firms on US data, rethink of Fed stanceReuters
Canadian Dollar Climbs On Risk AppetiteLondon South East
“Ouai” in Scotland?: Comparing the Québec and Scotland ReferendumsThe True North Times
Business Recorder -660 News
all 21 news articles »
Thu, 18 Sep 2014 15:16:49 GMT

US Stocks Rise on Economy; Gold, Bonds Slide Amid Fed
U.S. inflation is still below the Fed target, Janet Yellen, chair of the U.S. Federal Reserve, said after the meeting of officials. The “considerable time” language isn't a form of calendar-based guidance, Yellen told reporters. Photographer: Andrew Harrer/ ...
Stocks Soar on Fed's Calming WordsWall Street Journal
Yellen Says U.S. Poorest Remain 'Extraordinarily Vulnerable'Bloomberg
Yellen says poor Americans live in 'sobering' conditionsMarketWatch
Reuters -BBC News -Toledo Blade
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Thu, 18 Sep 2014 14:33:33 GMT

Financial Post

CPPIB's Alibaba stake to surge – but they're not selling
The Globe and Mail (subscription)
Canada Pension Plan Investment Board appears to like Alibaba Group Holding Ltd. enough to hold on to the stock it already owns through this week's blockbuster initial public offering, but not so much that it is lining up to buy a lot more. CPPIB spokeswoman ...
Canada Pension Invested $160 Million in AlibabaBloomberg

all 5 news articles »
Thu, 18 Sep 2014 14:12:05 GMT

Financial Post

UPDATE 1-Penn West says revamping accounting practices
(Adds details, shares). Sept 18 (Reuters) - Canadian oil producer Penn West Petroleum Ltd said it was strengthening its accounting practices after a review uncovered irregularities that forced to company to restate some of its prior results. Penn West initiated ...
Penn West Plans Accounting OverhaulWall Street Journal
Penn West Petroleum (T.PWT) cleans up its books and shares climb 8%Stockhouse
Why Penn West Petroleum (PWE) Stock Is Gaining
Financial Post -Reuters Canada
all 35 news articles »
Thu, 18 Sep 2014 14:31:51 GMT

Proactive Investors USA & Canada

Parkland Fuel buying gasoline station operator Pioneer Energy for $378M
Calgary Herald
RED DEER, Alta. - Parkland Fuel Corp. (TSX:PKI) is acquiring gas station operator Pioneer Energy in a deal valued at $378 million, including $259 million in cash and $119 million in Parkland common shares, well as the assumption of standard operating ...
Canada Stocks to Watch: Parkland, Suncor, Air Canada, Penn West and moreWall Street Journal (blog)
Parkland Fuel Corp to buy rival Pioneer Energy for $378MFinancial Post
Suncor Energy to sell share of Pioneer Energy assets to Parkland FuelProactive Investors USA & Canada -The Globe and Mail
all 29 news articles »

Michael Campbell

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