Birou Notarial9: Canada

luni, 28 martie 2011

CANADA STOCKS-TSX to open little changed, commodity prices weigh

March 28 | Mon Mar 28, 2011 8:52am EDT

March 28 (Reuters) - Toronto's main stock index looked set to open little changed on Monday, with a slide in oil and gold prices likely to weigh on the market.

Canada is set for a May 2 election after the fall of Conservative government on Friday, though the news has had little impact on its stock market so far. [ID:nN25298098]

FACTORS TO WATCH

* Canadian equity futures <0#SXF:> pointed to a slightly higher open.

* U.S. stock index futures were little changed as foreign headwinds remained in view following three days of U.S. equities gains, suggesting the recent period of volatility wasn't over. [.N]

* European shares edged higher, propped up by technology stocks after an upgrade, though the small addition to last week's rise was expected to be curbed by technical factors. [.EU]

* Asian stocks were mostly in red as uncertainty over Japan and the Middle East tempered gains.

COMMODITY PRICE MOVES

* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.89 percent in early trade.

* Oil retreated with Brent slipping to around $115 after Libyan rebels regained control of key oil towns, and unrest over the weekend was limited to minor crude exporters Syria and Yemen. [O/R]

* Gold slipped nearly 1 percent, pressured by a firmer dollar after hawkish comments from a Federal Reserve official late last week, and as impetus from violence in the Middle East petered out. [GOL/]

* Copper prices stumbled as renewed worries about Japan's crisis, unrest in the Middle East and rising stocks persuaded investors to retreat from assets perceived to be risky. [MET/L]

CANADIAN STOCKS TO WATCH

* Vector Aerospace (RNO.TO): EADS has ended a three-year acquisition drought in North America with a $637 million agreed cash bid for the overhaul and repair firm by helicopter division Eurocopter. [ID:nLDE72R0R0]

* Canaco Resources Inc. (CAN.V): The mineral exploration company said drilling at its fully-owned Handeni gold project in Tanzania has shown there are gold deposits close to the surface. [ID:nL3E7ES1PO]

* Research In Motion (RIM.TO): The Blackberry maker said on Saturday it bought Ontario-based startup tinyHippos Inc, creator of Ripple, a cross-platform mobile application development and testing tool. [ID:nN26108759]

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Baloane

March 28 | Mon Mar 28, 2011 8:52am EDT

March 28 (Reuters) - Toronto's main stock index looked set to open little changed on Monday, with a slide in oil and gold prices likely to weigh on the market.

Canada is set for a May 2 election after the fall of Conservative government on Friday, though the news has had little impact on its stock market so far. [ID:nN25298098]

FACTORS TO WATCH

* Canadian equity futures <0#SXF:> pointed to a slightly higher open.

* U.S. stock index futures were little changed as foreign headwinds remained in view following three days of U.S. equities gains, suggesting the recent period of volatility wasn't over. [.N]

* European shares edged higher, propped up by technology stocks after an upgrade, though the small addition to last week's rise was expected to be curbed by technical factors. [.EU]

* Asian stocks were mostly in red as uncertainty over Japan and the Middle East tempered gains.

COMMODITY PRICE MOVES

* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.89 percent in early trade.

* Oil retreated with Brent slipping to around $115 after Libyan rebels regained control of key oil towns, and unrest over the weekend was limited to minor crude exporters Syria and Yemen. [O/R]

* Copper prices stumbled as renewed worries about Japan's crisis, unrest in the Middle East and rising stocks persuaded investors to retreat from assets perceived to be risky. [MET/L]

CANADIAN STOCKS TO WATCH

Baloane

vineri, 25 martie 2011

PRESS DIGEST - Canada - March 24

birou notarial

March 24 | Thu Mar 24, 2011 5:44am EDT

March 24 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL:

- The careers of Canada's major political party leaders are on the line with Stephen Harper's minority government set to fall Friday on a vote that will see his opposition rivals declare him in contempt of Parliament.

This defeat will pave the way for a spring election likely to take place May 2 or 9, depending on how long a campaign the conservative leader favours.

BUSINESS:

- A surprise new oil windfall tax in Britain has damaged the prospects for several Canadian producers and raised concerns over possible copycat measures by other governments.

In a populist move meant to shift the pain of triple-digit crude prices, the British government said Wednesday it would levy a new tax on oil companies' profits worth L2-billion ($3.2-billion)

NATIONAL POST:

- It is majority government or bust for the Conservatives in the coming election. The more the leaders of the Liberal party, the NDP and the Bloc Québécois talk, the more it becomes apparent that they are prepared to form a coalition of losers, in the event the House of Commons returns in something approximating its current form.

FINANCIAL POST:

- Four months after Bradley Shaw assumed the corner office at Shaw Communications Inc., the firm is slashing nearly 4% of its nationwide workforce, a move seen as the first decisive mark made by the new chief executive.

The cuts, numbering roughly 500 in all, arrive at a crucial time for both Mr. Shaw, the son of company founder JR, and the Western Canada cable giant.

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