Market Opener: Revamped U.S. bailout faces new vote
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Wednesday, October 1, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
TOP STORIES Revamped U.S. bailout faces new vote | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LATEST NEWS
Canadian Business
Allen-Vanguard gets one-month reprieve
Maker of extreme-hazard gear now has to end of October to make $10-million payment 30/09/08 6:24 PM
Credit ills hurt wireless entrants
Funds may be scarce to build networks 7:08 AM
Housing sales slow as market sags in Canada
In Calgary, homes are now taking longer to sell than they have at any time during the past eight years 30/09/08 9:22 PM
Bank of Canada injects cash to thaw frozen credit
34
Central bank pumps additional $4-billion into short-term money markets 30/09/08 6:09 PM
34
Volvo to cut 500 jobs in Ontario
17
Company will reduce another 1,400 positions at European truck plants 30/09/08 12:34 PM
17
CPR gets U.S. nod for purchase of DM&E
1
Move could bring third railway to lucrative western coal fields 30/09/08 2:59 PM
1
Canadian economy booms in July
159
Higher energy output propels gross domestic product 0.7 per cent higher 30/09/08 9:50 AM
159
Energy & Resources
Oil sands safe from U.S. law, advocates say
1
Environmentalists claim victory as Canadian officials fail to weaken legislation that limits Washington's fuel choices 6:58 AM
1
Fording shareholders approve Teck deal
$14-billion takeover will create one of the world's largest exporters of metallurgical coal 30/09/08 2:51 PM
EnCana's oil spinoff to be called Cenovus
8
The natural gas company will continue as EnCana Corp. 30/09/08 12:44 PM
8
Oil swings back above $100
39
Consensus grows among investors that U.S. Congress will pass financial bailout law 30/09/08 4:06 PM
39
International Business
No buyer for Lehman's Europe debt unit
Administrator PricewaterhouseCoopers says 750 jobs will be lost 30/09/08 1:00 PM
U.S. consumer confidence unexpectedly improves
But September reading still hovers near 16-year low 30/09/08 10:38 AM
Bailout plan failure raises spectre of U.S. recession
Tighter credit markets will soon affect Main Street USA, analyst suggests 30/09/08 9:53 AM
U.S. home prices continue to fall
Prices tumble 16 per cent, the fastest annual pace on record, but rate of decline slowing 30/09/08 12:38 PM
Investing
Market mayhem cracks retirees' nest eggs
As savings shrink with the downturn, some are crimping and some, on the cusp of retirement, are staying at work. They're all worried 7:03 AM
A contrarian gets the last laugh
Vito Maida is comfortably in the black 7:01 AM
World stocks make positive start to fourth quarter
Stocks, emerging assets climb higher on hopes that U.S. bailout package will be revived 8:01 AM
Technology
Technology stocks feel the pain
1
Doubts mount about their ability to be immune from broad global slowdown 30/09/08 9:07 AM
1
Intel says will invest through recession
Chipmaker's R&D, capital spending cash cushion totals about $10-billion 30/09/08 12:06 PM
Tech stocks lose safe harbour status
Shares of the sector's steadiest performers dragged down by fears that businesses and consumers will soon spend less 30/09/08 4:21 PM
Managing
Five secrets for success help women climb ladder
Plus: Knowing when to multitask 29/09/08 7:38 AM
Weekend workout: The uproar over music in the office
1
Some like its calming influence, while others think MP3 players can be isolating 27/09/08 6:00 AM
1
Pay tied to performance dwindles
9
Fewer Canadian employers offering incentives for strong performance, Statscan says, though benefits get more common 24/09/08 11:50 AM
9
Yesterdays Markets
| Index | Change | Value |
|---|---|---|
| Wed Oct 01 08:49:22 EDT 2008 | ||
| S&P/TSX | +467.83 | 11752.90 |
| DJIA | +485.21 | 10850.66 |
| S&P 500 | +58.32 | 1164.74 |
| Nasdaq | +98.60 | 2082.33 |
| Venture | +32.97 | 1415.00 |
Commodities and Bonds
| Index | Change | Value |
|---|---|---|
| Wed Oct 01 08:49:22 EDT 2008 | ||
| Gold (NY) | -4.60 | 876.20 |
| Oil (NY) | -.91 | 99.73 |
| CRB Index | n/a | 345.50 |
| 30 yr Can. | n/a | 4.24 |
| 30 yr U.S. | n/a | 4.31 |
Currencies
| More Foreign Exchange Rates and News | ||
| CDN$ buys | ||
| US$ | +.0033 | .9430 |
| Yen | +.3300 | 100.2300 |
| Euro | +.0050 | .6726 |
| US$ buys | ||
| CDN$ | -.0037 | 1.0605 |
| Yen | -.0200 | 106.2900 |
| Euro | +.0029 | .7133 |
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