I ntrawest ULC has sold its Panorama Mountain Village resort in its effort to fend off an auction of the company’s assets as lenders demand repayment of debt. On Thursday morning, Intrawest announced it has sold Panorama, located in eastern British Columbia, 3 1/2 hours west of Calgary.

P etroBakken Energy Ltd. PGN-T is stepping up its presence in an oil-rich region of western Alberta with the purchase of Result Energy Inc. RTE-X for cash and stock valued at about $480-million

I ntrawest ULC has sold its Panorama Mountain Village resort in its effort to fend off an auction of the company’s assets as lenders demand repayment of debt. On Thursday morning, Intrawest announced it has sold Panorama, located in eastern British Columbia, 3 1/2 hours west of Calgary.

Many investment advisers are trying to determine whether they will be subject to new audits under custody rules that take effect March 12, according to Chris Thompson, assurance partner in the asset management practice of PricewaterhouseCoopers LLP. The possibility of new audits is currently the biggest concern for advisers who are subject to new custody rules adopted in December 2009, said Mr.

Five months later, $60K richer… People are very excited about Lee Lowell and his “instant money codes.” Here are just two of many e-mails that have come in the past few days: “Last year I made slightly over $15,000 on your low-risk recommendations. Thanks for your advice and for introducing me to a new way to make money.” “Lee, you are a miracle worker

Tiny Texas Oil Company Hits $2.8 Trillion Discovery A micro-cap company from Dallas has discovered 40 billion barrels of crude oil. The haul is worth $2.8 trillion. It’s one of the biggest oil discoveries in history

G reece has asked no country for a bailout and is the victim of speculators intent on attacking a “weak link” in the euro zone, its leader said on Thursday as the premium on its debt hit a new high. Greek Prime Minister George Papandreou said his country was being targeted by speculators with ulterior motives opposed to the single European currency. Germany and France denied a media report that they were planning to give financial aid to Greece, whose budget deficit hit an estimated 12.7 per cent in 2009.