Stocks, dollar fall on interest rate confusion (CTV.ca)
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Stocks, dollar fall on interest rate confusion (CTV.ca)
Canada's S&P/TSX composite index lost more than 200 points and the Canadian dollar lost almost a cent as investors in the U.S. and Canada found themselves confused as to where interest rates are heading.
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Minutes from the Federal Reserve meeting (CNN Money)
Following are the minutes from the Federal Reserve meeting, held Aug. 7.
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Stelco shares up 39.7 per cent after US$1.1B offer by U.S. Steel (CP via Yahoo! Canada News)
TORONTO (CP) - Stelco Inc. (TSX:STE) and the company that's proposing to buy it for US$1.1 billion plus assumed debt, U.S. Steel Corp., will face major competitive challenges from offshore rivals that produce steel slab at lower prices, a steel analyst says.
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U.S. Federal Reserve Meeting Minutes for August 7 (Text) (Bloomberg.com)
Aug. 28 (Bloomberg) -- Following are the minutes of the Federal Reserve's Open Market Committee meeting that concluded on August 7.
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Marsh & McLennan Buys Back (Forbes)
The company announced accelerated share repurchase.
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Stocks tumble as Fed minutes fail to provide clue to rate cuts;C$ slides (CP via Yahoo! Canada News)
TORONTO (CP) - Stock markets sold off Tuesday after investors felt let down that the latest minutes from the U.S. Federal Reserve's interest rate meeting earlier this month failed to provide a clue as to when the central bank might move to cut interest rates.
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Stocks drop as Fed minutes fail to soothe investors;consumer confidence wanes (CP via Yahoo! Canada News)
TORONTO (CP) - Stock markets slid more than one per cent mid-Tuesday afternoon on bad news surrounding consumer confidence, bank earnings, downgrades and the U.S. housing sector.
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Scotiabank reports strong third quarter performance (FinanzNachrichten)
TORONTO, Aug. 28 /PRNewswire-FirstCall/ -- Scotiabank ( Nachrichten ) today reported near record third quarter net income of $1,032 million compared with $936 million the same period last year.
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Madalena Ventures Inc. Financial and Operating Results (CCNMatthews via Yahoo! Finance)
CALGARY, ALBERTA-- - Madalena Ventures Inc. today announced its financial and operating results for the three and six months ended June 30, 2007.
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Orleans Energy Announces Second Quarter 2007 Results (CCNMatthews via Yahoo! Finance)
CALGARY, ALBERTA-- - Orleans Energy Ltd. is pleased to announce its results for the three month period ended June 30, 2007. The Company's second quarter 2007 highlights include the following:
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Stocks, dollar fall on interest rate confusion (CTV.ca)
Debt relief for heavily indebted and underdeveloped developing countries was the subject in the 1990s of a campaign by a broad coalition of development NGOs, Christian organisations and others, under the banner of Jubilee 2000. This campaign, involving, for example, demonstrations at the 1998 G8 meeting in Birmingham, was successful in pushing debt relief onto the agenda of Western governments and international organisations such as the International Monetary Fund and World Bank. Ultimately the Heavily Indebted Poor Countries (HIPC) initiative was launched to provide systematic debt relief for the poorest countries, whilst trying to ensure the money would be spent on poverty reduction. Thailand now owes 1 trillion dollars in debt back to many different countries around the world.
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