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Nov. 19 (Bloomberg) -- Canadian stocks fell to a three-week low, led by finance shares, after a C$890 million writedown by Bank of Nova Scotia stoked concern other lenders' profits will be hurt by charges.
Posted originally: 11/19/2008 |
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Banks stocks led the S&P/TSX composite index lower after Bank of Nova Scotia said it was taking $595-million in after-tax charges related to the recent market volatility.
Posted originally: 11/19/2008 |
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HALIFAX, NOVA SCOTIA-- - Erdene Resource Development Corp. , today provided an update on the Company's principal projects in conjunction with the release of its third quarter financial results.
Posted originally: 11/17/2008 |
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Nov. 19 (Bloomberg) -- Bank of Nova Scotia may fall, bids on the Toronto Stock Exchange showed, after it said profit will be cut C$595 million ($479.6 million) by losses tied to trading and investments and Lehman Brothers Holdings Inc.'s bankruptcy.
Posted originally: 11/19/2008 |
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Gammon Gold Inc. : Gammon announced today that it has received and accepted a commitment letter from its current lending syndicate comprised of the Bank of Montreal and the Bank of Nova Scotia, that revises and extends the terms of its existing credit facility which was set to expire on December 31, 2008.
Posted originally: 11/18/2008 |
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Canadian stocks fall, tracking weakness on Wall Street, with the metals and mining sector joining financials in weighing heavily on the market.
Posted originally: 11/19/2008 |
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MONTREAL, QUEBEC-- - Argex Silver Capital Inc. announces today that it entered into an agreement in principle dated November 10, 2008 to acquire all of the assets of 7013833 Canada Corp.
Posted originally: 11/18/2008 |
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Toronto stocks kicked off the week with more losses as global economic woes continue to dampen the mood of nervous investors. The S&P/TSX composite index fell 260.51 points, or 2.88% to 8,795.45.
Posted originally: 11/18/2008 |
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HALIFAX, NOVA SCOTIA-- - Erdene Resource Development Corp. , today provided an update on the Company's principal projects in conjunction with the release of its third quarter financial results.
Posted originally: 11/17/2008 |
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Gold traded slightly lower in Asia and London and dropped to as low as $730.95 by about 9AM EST in New York before it rose to see a $4.30 gain at $746.10 by about noon, but it then fell back off into the close and ended with a loss of 1.11%. Silver fell over 2% to $9.137 and rallied as much as 4.2% to $9.752 before it also fell back off in the last hour and a half of trade, but it still ended ...
Posted originally: 11/18/2008 |
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