Category: Investing
Loonie falls to 16-week low on Europe fears
The Canadian dollar hit a 16-week low against the U.S. dollar on Wednesday as fears of a Greek exit from the euro zone and a worsening debt crisis facing other European nations gripped financial markets
Gold tumbles into bear market
Gold declined for a fourth day in London and entered a so-called bear market as concern Greece will have to leave the euro boosted the dollar and cut the metal’s appeal as an alternative asset
Facebook IPO could top US$16-billion after 25% boost
Facebook Inc. will increase the size of its initial public offering by 25%, a source familiar with the matter said, and could raise as much as US$16-billion 
Closing Bell: TSX tumbles, eurozone anxiety increases, Greeks to head back to polls
The Toronto stock market racked up a sharp, triple-digit slide for a second session Tuesday after intense wrangling failed to produce a new government for Greece
What caused JPMorgan’s loss
JP Morgan Chase’s loss is the perhaps inevitable result of the interaction of two policies: too big to fail and zero interest rates
Loonie slides on political impasse in Greece
The Canadian dollar erased earlier gains against its U.S. counterpart on Tuesday but surged to a 16-month high against the euro after Greece said it would hold new elections and worries mounted about its possible exit from the euro zone
Investors punish Talisman Energy’s stock after downgrade
No matter how much Talisman Energy Inc. cuts costs or outperforms its peers, investors remain unwilling to cut the company any slack
Oil up on positive German data
Brent crude oil edged up on Tuesday on as the euro zone narrowly avoided recession and as better-than-forecast German first-quarter GDP data raised hopes that Germany would steer the way through the European debt crisis.
State Street junk ETF used to obtain $780M in bonds
An investor used State Street Corp.’s exchange-traded fund to anonymously obtain almost $780 million of speculative-grade bonds without moving prices in the secondary market
Buy Canadian energy stocks to prepare for QE3
MARTIN PELLETIER: There seems to be no end to the pummelling of the Canadian stock market as a result of its heavy weightings in the energy and materials sectors
