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Optimism is abundant as Big 6 banks set to report

Canada's biggest banks are expected to report a relatively strong finish to the financial year when they start reporting fourth-quarter earnings this week, but their capital markets divisions could leave investors jittery about the future. "It's ...

From DAVID FRIEND, Toronto Star,  23 Nov 2009

Related Topics: Brad Smith

Fans thrilled at Twilight's Toronto preview

T hrongs of fans braved rainy weather for the Canadian red carpet premiere of Twilight: New Moon , the highly anticipated second instalment in the blockbuster vampire romance franchise. Sidewalks in front of Toronto's Elgin and Winter Garden Theatre ...

From DAVID FRIEND, Globe and Mail,  20 Nov 2009

Related Topics: Robert Pattinson,  Taylor Lautner,  Kristen Stewart,  Billy Burke,  CBC

Retailers face tough holiday season

Shopping malls are decked with sales signs as the holiday season gets underway, but even with plenty of fanfare, retailers and shoppers seem to be reining in expectations. The holiday spending spree is a thing of the past, it seems, and more people ...

From DAVID FRIEND, Toronto Star,  16 Nov 2009

Prescription sales lift Shoppers' income

Shoppers Drug Mart Corp. says profits moved higher in the third quarter as more people filled their prescriptions at the retailer, helping drive up overall sales from a year earlier. The Toronto-based chain reported net income of $171 million or 79 ...

From DAVID FRIEND, Toronto Star,  12 Nov 2009

Related Topics: Thomson Reuters

Star announces major restructuring

The Toronto Star has launched what its publisher is saying will likely be the biggest restructuring in the newspaper's history by offering voluntary buyouts to employees in all divisions of the company. John Cruickshank told employees in a memo ...

From DAVID FRIEND, Toronto Star,  3 Nov 2009

Microsoft CEO calls for more innovation at Windows 7 event

M icrosoft Corp. MSFT-Q chief executive Steve Ballmer says Canada's businesses and government should be using the weaker economy as a way to encourage more innovation. Ballmer told business leaders during a speech in Toronto on Wednesday that the ...

From DAVID FRIEND, Globe and Mail,  21 Oct 2009

Related Topics: Microsoft Corporation,  Apple, Inc.,  Steve Ballmer,  Nortel Networks,  Yahoo!

Hall of Fame: George Mitchell, Dennis Ross, and Richard Holbrooke

From left, Senator George Mitchell and Ambassadors Dennis Ross and Richard Holbrooke in the State Department’s Treaty Room on June 18, 1998.. Photograph by Harry Benson. Because they are America’s peace-pact triumvirate, the men who helped negotiate ...

From DAVID FRIEND, Vanity Fair,  9 Oct 2009

Related Topics: Richard Holbrooke,  George Mitchell,  Dennis Ross,  US State Department,  Hillary Rodham Clinton

TSX posts triple-digit gain

T he Toronto stock market started the Tuesday session with a triple-digit gain as investors found further optimism in the global economic recovery, while gold hit a record high and oil prices moved higher. The S&P/TSX composite index TSX-I launched ...

From DAVID FRIEND, Globe and Mail,  6 Oct 2009

Related Topics: Dow Jones,  New York Mercantile Exchange,  BCE, Inc.,  Rogers Communications

Big banks compete on low mortgage rates

I f you've been shopping around for a mortgage lately, you might've noticed that some offers from the country's biggest banks are looking especially attractive. Canadians have been handed a golden opportunity to snag mortgages at rock-bottom rates, but ...

From DAVID FRIEND, Globe and Mail,  29 Sep 2009

CIBC sees credit card losses easing

C anada's credit card industry could see its losses start to subside in the coming months if the economy improves and unemployment starts to decline as expected, the CEO of Canadian Imperial Bank of Commerce CM-T says. If the economy starts to pick up ...

From DAVID FRIEND, Globe and Mail,  22 Sep 2009

Related Topics: Canadian Imperial Bank of Commerce

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