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Hold on tight, it’s Jobs Day! What you need to know before markets open

U.S. stock index futures extended gains today after data showed the economy added more jobs than expected in February. U.S. employment gains surged in February, the clearest sign yet of labour market strength that could further ease fears the economy was heading into recession and allow the Federal Reserve to ...

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In pursuit of growth at any cost, deal makers make 2015 the year of the mega-merger

When Anheuser-Busch InBev NV solidified its US$105-billion tie-up with SABMiller plc in November, the deal was pitched as the creation of a “truly global brewer.” AB InBev leader Carlos Brito said the mixture would produce “significant growth opportunities” and generate “enhanced value” for all stakeholders. We’ve heard that certain before, ...

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U.S. steel producers have more than just China on their side

Iron ore was already on a hot streak since bottoming in December 2015, but the Chinese government’s promise to supply the stimulus required to boost economic growth gave the metal even more steam. Prices are up 66 percent after Monday’s 19 percent surge, because the market anticipates higher steel consumption ...

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CIBC sells American Century stake to Nomura for $1 billion so it can spend money on other deals

Canadian Imperial Bank of Commerce is selling a minority interest in U.S. wealth manager American Century Investments to Nomura for around US$1 billion inside a deal analyst said will hit earnings, but boost cash to fund further expansion into private banking. CIBC purchased the stake in American Century this year for ...

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David Rosenberg thinks the Canadian dollar can rally further

The Canadian dollar is finally showing signs of life, and David Rosenberg thinks the rally may continue. Gluskin Sheff + Associates’ chief economist and strategist pointed to Friday’s international trade data for January, noting that it sets happens for Canada to publish first quarter GDP development of 1.5 to two.0 ...

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U.S. jobs growth storms past expectations, boosting Fed rate hike prospects

WASHINGTON – U.S. employment gains surged in February, the clearest sign yet of labour market strength that could further ease fears the economy was heading into recession and permit the government Reserve to gradually raise rates of interest this year. Nonfarm payrolls increased by 242,000 jobs last month, the Labor ...

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Whole Foods Market Inc getting traction with updated app

Whole Foods Market Inc.’s digital push seems to be paying off. The retailer of natural and organic foods and products launched its first digital couponing program on January 28 with version 7.0 of its online app, and so far, the numbers look very good. Since the company’s formal announcement on ...

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Rising crude fails to rouse stocks: What you need to know before markets open

North American stocks look going to a lesser to flat open, even while crude oil prices edged up from multi-year lows. Brent crude looked set to make the first daily gains in five sessions as investors closed bearish positions in front of Friday’s Christmas holiday, but global oversupply concerns limited ...

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Martin Pelletier: Five reasons this commodities rebound is for real

It has been a very encouraging start to the entire year for commodity investors using the Dow Jones Commodity Index rallying nearly 9 per cent from its January lows. This is also good news for the resource heavy S&P TSX, that is outperforming globally, up more than 11.5 per cent ...

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Peter Hodson: Five questions at the top of investors’ minds these days

Since we started our independent research company at the begining of 2012, we’ve answered more than 41,000 investment questions for clients. With this database, we have found that our individual investor focus provides for us a good head’s on what’s concerning investors these days. The trends in our questions can ...

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