Archive for January 5th, 2010

Suncor sells some U.S. assets

N oble Energy, Inc. NBL-N says it will pay $494-million (U.S.) to acquire major oil and gas assets in the United States from Canada’s largest energy company, Suncor Energy Inc. SU-T

Futures mixed after market rally on Monday

Stock investors are expected to slow their pace of buying following a big rally on the first trading day of the new year. Stock index futures are narrowly mixed, not surprising a day after the Dow Jones industrials soared more than 150 points on upbeat manufacturing reports in the U.S. and China

Lincoln Financial completes sale of Delaware Management to Aussie outfit

Lincoln Financial Group said Monday that its Delaware Management Holdings Inc. unit has been acquired by Macquarie Group in a $452 million cash deal. Delaware Management and its subsidiaries, known as Delaware Investments, was a Lincoln Financial division focused on asset management

Mobile computing race moves into high gear

E veryone who’s anyone in the technology world is on their way to Nevada. The first thing they’ll do when they get there, however, is turn their attention west to California. When the Consumer Electronics Show – the global technology industry’s biggest annual event – kicks off in Las Vegas Wednesday there’s going to be a lot of talk about mobile computing

5 Ways to Easily Save Money

Why is saving money now more important than ever? Take a look around you folks. It’s no secret that the US economy as well as other global economies have been a state of unpredictability for a year or more

Holiday spending binge pushes debt levels higher

C anadians are starting 2010 with a bigger holiday spending hangover than last year and shouldering more debt than ever before, even as the economy struggles to gain broad traction and unemployment remains high. The buying binge comes at a time when households have racked up record amounts of debt and policy makers are warning of rising interest rates, which could make those post-Christmas credit card bills even more sobering. While higher consumption is exactly what the Bank of Canada wants right now to cement an economic recovery, too much spending could create serious challenges down the road.

Global manufacturing makes a comeback

T he world’s factories are humming louder as government spending programs spark demand and help get the supply chain back in working order. From the United States and Europe to emerging powerhouses such as China and India, manufacturing is bouncing back from the recession, marking the return of a sector crucial to a global recovery. Purchasing managers’ indexes released Monday show that U.S

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