Flat demand for big-ticket items

Orders to factories for big-ticket manufactured goods were basically flat in May as strength in demand for aircraft and computers was offset by widespread […]

RIM profit jumps, outlook underwhelms; stock drops

Research In Motion (RIM.TO: Quote, Profile, Research, Stock Buzz) (RIMM.O: Quote, Profile, Research, Stock Buzz) on Wednesday posted a profit outlook that fell short […]

Home prices extend record slide in April: S

Home prices extended their record slide in April, with every top metropolitan area now posting annual losses and many showing double-digit declines, according to […]

Fifth Third to raise $2 billion capital, cut dividend

Fifth Third Bancorp (FITB.O: Quote, Profile, Research, Stock Buzz), a large U.S. regional bank, said on Wednesday it plans to raise at least $2 […]

All Big Five banks move to hike mortgage rates

Bank of Montreal and Scotiabank hiked their residential mortgage rates yesterday, joining Royal Bank, TD Canada Trust and CIBC in increasing the cost of borrowing […]

CAE wins $24M Lockheed Martin contract

MONTREAL–CAE Inc. has won a contract worth C$24 million to provide two full-mission simulators for the new BAE Systems Hawk 128 advanced jet training […]

Bombardier nearly triples profit

MONTREAL–Bombardier Inc. has reported a near-tripling of first-quarter profit to US$226 million and has brought back shareholder dividends cancelled three years ago when the […]

Tata buys Jaguar, Land Rover

DETROIT–Cash-strapped Ford Motor Co. officially unloaded its storied Jaguar and Land Rover businesses yesterday for $1.7 billion (U.S.), a mere third of what it […]