Canadian banks wary of cheap U.S. banking assets
Canadian banks say the time is not right to rush into large acquisitions in the United States or abroad, even though the global economic downturn has made banking assets look like relative bargains.
TD Ameritrade to buy thinkorswim for $606 million
TD Ameritrade Holding Corp has agreed buy thinkorswim Group Inc in a $606 million deal that establishes the U.S. online broker in the fast-growing area of options and futures trading.
Teck cuts 1,400 jobs, 2009 coal production
Teck Cominco Ltd will cut about 1,400 jobs, or 13 percent of its staff, as part of a plan to lower costs and keep competitive following a sharp drop in commodity prices, the mining company said on Thursday.
Canadian companies may benefit from U.S. stimulus funds
Canadian companies in sectors as diverse as technology and transit are poised to cash in on hundreds of billions of dollars of government economic stimulus spending around the world, analysts say.
Jaguar appeals TSX approval of HudBay-Lundin deal
Jaguar Financial is appealing a decision by the Toronto Stock Exchange to not force HudBay Minerals to hold a shareholder vote ahead of its planned takeover of Lundin Mining .
Ontario Teachers' pension fund warns on options repricing
One of Canada's largest pension funds warned on Thursday that it did not want to see companies using the global stock market selloff as an excuse to reprice options it uses to pay executives.