A lawsuit filedagainst the Canadian Imperial Bank of Commerce alleges the bank does not pay its tellers and some other front-line workers for overtime, lawyers said Tuesday.
Dara Fresco, a CIBC teller in the Toronto area for nearly 10 years,alleges she has been required to work an average of two to four hours of overtime […]
Stock markets in Canada and the United States had another bad day Thursday as interest rate worries again sent investors to the sidelines.
The S&P/TSX composite index shed 215 points to 13,726 by 1:45 p.m. ET. That followed a drop of 200 points on Wednesday. S&P/TSX composite index three-month trading
Every industry sector was lower, with […]
Stock futures pointed to a sharply lower open Thursday as credit market fears spooked financial markets. Nasdaq futures were down 16 points vs. fair value S&P down 16 points and Dow down 121.
There’s lots of earnings news, but that’s not the focus. Investors are very nervous about credit conditions with investment banks, lenders and […]
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Stocks paused at lunch time after erasing early losses. Volume remained below Friday’s light trading levels.
The NYSE composite was up 0.4% at 12:50 pm ET. The Nasdaq was up 0.2%, the S&P 500 0.3% and the Dow 0.2%. Volume was running about one-fifth lighter on the main exchanges.
Crude oil, […]
Wednesday was likely a busy one for many option traders that focus on IBD 100 stocks. With volatile price swings, earnings and increased premiums across-the-board, there were plenty of reasons for considering adjustments and perhaps opening fresh positions as well. In the following, we’ll recap a couple of the more extreme regions of that particular […]
The Saskatchewan government is aiming to cut the province’s greenhouse gas emissions by 32 per cent in the next 13 years and 80 per cent by 2050.
The targets were unveiled in Saskatoon Thursday as part of the Saskatchewan energy and climate change plan.
“Friends, this plan is ambitious. It is extremely ambitious. But so […]
Treasury debt prices barely budged Wednesday, after stocks bounced back on strong corporate profits that shifted investors’ focus from credit concerns.
Trade was choppy, reflecting large swings in U.S. equities markets where sentiment was torn between credit worries sparked by news that Chrysler had postponed a $12 billion auto loan deal and strong […]
Forget fall leaf tours or autumndayson a cottage dock vacationers aresigning up fora September trip to frolic inAlberta’s oilsands.
Classic Canadian Tours will fly passengers from Calgary to Fort McMurray to get a first-hand glimpse of what isdriving theprovince’s economy.
Brenda Trockstad, a spokeswoman for the Calgarytravel company,saidcustomers willtour the Oil Sands Discovery Centre, […]