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River Road Asset Management Announces Ownership Buyback

River Road Buys Out 45% Interest From Fortis LOUISVILLE, KY--(Marketwire - River Road Asset Management LLC (RRAM) announced today that it has exercised its option to purchase the 45% minority ownership interest held by Fortis...

Nortel bankruptcy broached

A dwindling supply of cash and an environment that is making asset sales increasingly difficult has analysts suggesting Nortel Networks Corp. could eventually be pushed into bankruptcy. Without government intervention or a...

Mega Brands expects economy will cause late Christmas shopping season

MONTREAL - Struggling toymaker Mega Brands Inc. (TSX:MB) hopes a global economic downturn won't hamper its ability to sell newly launched products over the coming month as it gears up for the year's k...

Nortel at Risk of Delisting (at Seeking Alpha)

by: Tech Confidential November 13, 2008 | about stocks: ) is now at risk of a stock delisting and insolvency, say several industry analysts who are watching the share price collapse and crunching the cash burn numbers. The...

China positioned to unleash global deflation

DAVID PARKINSON From Thursday's Globe and Mail It wasn't that long ago that pundits were counting on China to rescue the world from economic calamity. After a recent visit to China, Nobuyuki Saji, chief economist and equity...

A Dying Battery For Nortel (NT)

November 13, 2008 | By Ben McClure I hate to kick a stock when it's down, but it's hard to fathom that telecom equipment-maker Nortel (NYSE:NT) will ever turn things around. Meanwhile, revenue from Nortel's enterprise solutions...

A Dying Battery For Nortel (at Investopedia)

November 13, 2008 | By Ben McClure I hate to kick a stock when it's down, but it's hard to fathom that telecom equipment-maker Nortel (NYSE:NT) will ever turn things around. Meanwhile, revenue from Nortel's enterprise solutions...

Air Canada's wings clipped by cash crisis

Chris Sorensen Business Reporter Following a brief run of profitability, Air Canada appears to be back to its usual business of lurching from one crisis to the next. While Air Canada still has just more than $1.1 billion in...

Gordon Bogden to Join the Board of Canplats

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 12, 2008) - Canplats Resources Corporation (TSX VENTURE:CPQ) is pleased to announce the appointment of Gordon Bogden to its Board of Directors. Mr. Bogden is currently a Managing...

First Asset CanBanc Split Corp. Announces Closing of Its Initial Public Offering

TORONTO, ONTARIO--(Marketwire - Nov. 12, 2008) - First Asset CanBanc Split Corp. (the "Company") is pleased to announce the closing today of its initial public offering. The Company raised gross proceeds of $33 million through...

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