Tweet Toronto: The launch of its PlayBook tablet didn’t reverse the fortunes of BlackBerry maker Research In Motion (RIM) on the Toronto stock market Tuesday as its stock slipped almost four percent. RIM stock, which has plunged about 20 percent since last month, further dived 3.77 percent to close at $50.85. The iconic company’s stock [...]
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Tweet Toronto/New York: Global giants sank as stock markets tumbled in Toronto and New York Tuesday as oil prices surged amid worries over continuing unrest in Libya. A member of the Organization of Petroleum Exporting Countries (OPEC), Libya daily produces over 1.7 million barrels of oil. Oil for March delivery jumped 8.6 percent to $93.57 [...]
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Tweet Toronto : The proposed merger of the Toronto Stock Exchange (TSE) with the London Stock Exchange (LSE) may not have smooth sailing as the Canadian and Ontario provincial governments say they will closely vet the issue in national interest. The TMX Group, which operates the stock exchanges in Toronto and Montreal, said Tuesday [...]
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