There’s an old saying that there’s no news like bad news. If so, then the recession has given the media plenty of fodder to feed the hungry masses. As would-be retirees are forced to scale back their retirement plans, or even delay it, the news is ...
Investing (Mar 13th, 10)

If Royal Dutch Shell (NYSE:RDS-B) or PetroChina want to successfully acquire Arrow Energy of Australia, they will probably have to increase the offer as high as 55 cents a share to land the company. That would bring the overall valuation of the company to $3.4...
Australia (Mar 12th, 10)

Emera (TSE:EMA), the energy and service firm based in Canada, has made an offer to acquire all of Maine & Maritimes (AMEX:MAM) for $45 a share. Maine & Maritimes is an energy company in the United States and the parent company of MAM Utility Services ...
Canada (Mar 12th, 10)

In what was called complex talks and negotiations, the final outcome is GM Motors Europe landed a 270 million pound loan guarantee from the British government to shore up the operations in Britain and the rest of Europe. "We need Vauxhall to thrive as part of...
United Kingdom (Mar 12th, 10)

A report from the U.S. Commerce Department stated business inventories in January remained unchanged, lower than analysts were looking for, as they thought there would be a slight increase of 0.2 percent. Sales increase by what was called a strong performance...
Consumer Staples (Mar 12th, 10)

AstraZeneca (NYSE:AZN) has made a long-term deal with Torrent Pharmaceuticals to provide them with generic drug products. Costs to manufacture generic drugs are about 75 percent less than costs in mature markets, making it a highly desirable place to make the...
Healthcare (Mar 11th, 10)

Booksellers in Canada are almost in hysterics over the plan of Amazon.com (Nasdaq:AMZN) to build a fulfilment center in the country. While basing their argument on the silly idea of the book industry being part of the "cultural industry," no honest person woul...
Canada (Mar 11th, 10)

Who would have thought that little old New Zealand would be such a threat to the U.S., but in the case of dairy products, U.S. dairy farmers are battling to keep products from the country from entering U.S. markets, as fears are they would push prices down and...
Business (Mar 11th, 10)

The U.S. economy will take a lot longer to recover than is trying to be spun by the government and mainstream media, as consumer spending will remain restrained for some time to come as household wealth in the United States continue to grow at a very slow pace...
United States (Mar 11th, 10)

The idea of calling a bill winding its way through Congress a pro-labor bill can't even be taken seriously, it's a pro-union bill, not a pro-labor bill. There's a huge difference, and as the economic crisis has confirmed, the unions are out of touch with reali...
United States (Mar 10th, 10)

A number of companies operating in the U.K., like Google (NASDAQ:GOOG), Yahoo (NASDAQ:YHOO) , Facebook and eBay (NASDAQ:EBAY), are fighting a bill which would force Web sites to be blocked by Internet service providers if they are deemed to have provided pirat...
United Kingdom (Mar 10th, 10)

Viterra (TSE:VT) announced today it is in the process of acquiring Dakota Growers Pasta for $240 million in cash. Viterra is a transportation and agricultural product company based in Calgary. Dakota is one of the top dry pasta makers in the North American ma...
Canada (Mar 10th, 10)

Inventories for wholesalers in the United States dropped in January by 0.2 percent, seeming to indicate they are struggling to replenish inventories they kept at low levels for the last couple of years. Some assert this is from rising demand, but that really ...
Business (Mar 10th, 10)

Shares of insurance giant American Insurance Group (AIG) continued to rally today. AIG is up over 12% today in early trading rising to $36.80 per share. The move higher may be based on greater investor confidence or simply be a short squeeze. Investors ha...
Insurance Industry (Mar 10th, 10)

Bank of Nova Scotia (NYSE: BNS) Chief Executive Officer Richard Waugh said today that he is looking to make acquisitions which will add to the current international operations of the company, rather than huge acquisitions which would transform the company. Wa...
Banking (Mar 9th, 10)

 With demand for commodities increasing, Australian employers are gaining confidence in their economy and have started spending again on advertising for jobs. Job advertising spend for February increased by 19.1 percent, while the benchmark index of Aust...
Australia (Mar 9th, 10)

Sales of commodities and chemicals were down significantly in Britain resulting in a wider trade gap then expected, as exports in the country plunged. The trade gap for January surged to about $12 billion, far beyond what had been projected and expected by an...
United Kingdom (Mar 9th, 10)

The buildup to the release of more information on the new Cisco (Nasdaq:CSCO) router, or more properly - routing system, hasn't disappointed, as the CRS-3 has a lot of companies buzzing on what it'll mean overall for the huge amount of data they are streaming ...
Technology (Mar 9th, 10)

Citing risks over the long term of the contract, Northrop Grumman (NYSE:NOC) decided to drop out of the bidding process against chief competitor Boeing Co. (NYSE:BA). The last time the bidding took place, with Northrup and EADS versus Boeing, auditors form th...
Business (Mar 8th, 10)

Arrow Energy (ASX:AOE) received bids from state-managed PetroChina and Royal Dutch Shell to be taken over by the energy giants. Based in Queensland, Australia, Arrow Energy produces coal and natural gas. Australia in general has been resistant to doing deals...
Business (Mar 8th, 10)