3M (NYSE: MMM) announced it is acquiring MTI PolyFab, a Canadian-based company which makes thermal and acoustic insulation for the aerospace industry. MTI PolyFab is a unit of MTI Global Inc. (TSE:MTI). The type of insulation made by MTI PolyFab is for th...
Canada (Mar 8th, 10)

Saying the current business climate is conducive to their plans, Helix Energy Solutions Group Inc. (NYSE:HLX) announced it is going to divest all of its business related to gas and oil, including all its offshore facilities. The goal of the company is to tran...
Business (Mar 8th, 10)

Like many governments and politicians, the British politicians are scrambling to to cover their rear-ends after their rosy forecasts are starting to look like a bunch of conjured up brews rather than accurate date which can be counted on. This is why we are i...
United Kingdom (Mar 7th, 10)

Tim Hortons (NYSE:THI) isn't sitting around waiting for anything to happen, as it has entered into a new expansion phase which isn't minor by any stretch of the imagination, as the company has a goal of opening another 900 restaurants in the North American mar...
Canada (Mar 7th, 10)

A court in Melbourne, Australia found  Merck (NYSE:MRK) guilty of negligence in a case where the company failed to warn a doctor that Vioxx had heart risks associated with its use. The Merck Australian unit was ordered to pay $261,000 in damages as a cons...
Legal (Mar 7th, 10)

There's been a lot of buzz this past week on whether or not Google (NASDAQ:GOOG) is going to be launching a business market for Android. When pressed about it spokesmen from Google have been somewhat coy and haven't confirmed or denied it, but have rather sim...
Technology (Mar 7th, 10)

Canada continues to show why they've done so well while other countries have struggled during the economic crisis, as in another smart and bold move, the Canadian government is looking to divest itself of assets after a period of time of going over all its ope...
Business (Mar 6th, 10)

BHP Billiton (NYSE: BHP) has what is being called a major breakthrough in its bid to change the way coking coal prices are set on an annual basis. The big change has come in a quarterly contract agreement with the Japanese where they have agreed to pay a prem...
Commodity Markets (Mar 6th, 10)

Kraft Foods (NYSE:KFT) is being taken to task in the U.K. over allegedly misleading investors and workers of Cadbury PLC when battling to take over the candy factory based in Keynsham, which they ended up winning. An investigation has been launched by regulat...
Business (Mar 6th, 10)

Cisco (Nasdaq:CSCO) announced that it will no longer develop or manufacture the WiMax radio business and will instead focus on the Internet Protocol (IP) networks placed in the back of them. When Cisco acquired Navini Networks in 2007, they were looking at th...
Telecommunications (Mar 6th, 10)

Nobody and no company since Warren Buffett has held the reins of Berkshire Hathaway (BRK.A) has come close to the performance concerning annualized returns, which have been over 20 percent during that time period stretching over 45 years. The key to this reco...
Investing (Mar 5th, 10)

Red Robin Gourmet Burgers Inc. (Nasdaq:RRGB) has capitulated to shareholders who have demanded more say in some of the decisions by the board members and company. As a result, Red Robin has now started a search for a new CEO per the demands of the activist sha...
Strategy and Planning (Mar 5th, 10)

Canadian banks were largely unaffected by the economic crisis which had such a dramatic effect on their American counterparts, and consequently bankers in the country enjoyed an average of 10 percent increase in pay for 2009 at the six largest banks doing busi...
Banking (Mar 5th, 10)

Microsoft (NASDAQ:MSFT) announced on one of their blogs that they'll be dropping the development of Windows Essential Business Server (EBS) starting on June 30. According to the blog entry, the purpose of discontinuing the server package was in order to "stre...
Technology (Mar 5th, 10)

According to Charles Schwab (NASDAQ:SCHW), the financial behavior of Americans has made a significant change coming about from the economic crisis, as more of them are focusing on paying down their debt and saving money, more than any other financial activity ...
Personal Finance (Mar 4th, 10)

McDonald's french fries aren't the only product that has been under fire to downsize, as Citigroup (NYSE:C) as a whole is under pressure to take further steps to downsize the company from a government watchdog group. A congressional oversight panel talking to...
Banking (Mar 4th, 10)

Same-store sales as measured by those stores open for at least a year enjoyed a rebound in February for teen clothing company Aeropostale Inc. (NYSE:ARO). Leading the seven percent increase in sales year-over-year was the new spring line offered by the retail...
Business (Mar 4th, 10)

Pretty soon customers of Starbucks (NASDAQ:SBUX) in the UK will have the option of ordering an instant coffee mix, as next week they get set to offer it to all its stores in the UK. Next month Japan stores will also have the instant coffee option on the menu. ...
Business (Mar 4th, 10)

A survey by Duke University/CFO Magazine of chief financial officers found while they will increase investment in equipment throughout the year, that won't have a positive effect upon hiring, as consumers continue to hold back on spending. While this is unfor...
Business (Mar 3rd, 10)

A number of factors have Australia's S&P/ASX 200 Index up, as the Australian government recently claimed the economy grew at the best pace in the fourth quarter in close to two years. The other major element in the mix is the announcement that Greece will...
Australia (Mar 3rd, 10)