Western Coal Q3 profit drops to $24 million, revenue falls to $118.7M
THE CANADIAN PRESS
9 Feb, 2010 0 0
VANCOUVER, B.C. - Western Coal Corp. (TSX:WTN) says its quarterly profit fell to $24 million or nine cents per diluted share in the three months ended Dec. 31.
That's down from a profit of $62.5 million or 29 cents per diluted share in the year-earlier period.
Revenue for what is the third qu
Stocks look to open higher on hopes EU will address Greek debt burden
Malcolm Morrison, THE CANADIAN PRESS
9 Feb, 2010 0 10
TORONTO - The Toronto stock market appeared headed for a higher open Tuesday as commodity prices rose along with hopes the European Union will take steps to deal with a growing problem as several European governments struggle with their sovereign debt.
The Canadian dollar was up 0.64 of a cent t
Japan Airlines spurns Delta Air Lines, opts to keep alliance with American Airlines
Harry R. Weber,Tomoko A. Hosaka, THE ASSOCIATED PRESS
9 Feb, 2010 0 0
TOKYO - Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.
The Japanese carrier said Tuesday it will strengthen its partnership with American, and the two
EU's government-backed European Investment Bank rejects possible Greek bailout
Aoife White, THE ASSOCIATED PRESS
9 Feb, 2010 0 0
BRUSSELS, Belgium - Markets somehow expect the European Union to backstop Greece's sagging finances. But with officials denying one is needed, the precise path out of the crisis for the EU's incoming new leadership remains fogged with uncertainty.
The European Union's own government-backed lende
Opti Canada reduces fourth-quarter loss to $212 million; revenue also falls
THE CANADIAN PRESS
9 Feb, 2010 0 0
CALGARY - Calgary-based Opti Canada Inc. (TSX:OPC) says it had a $212-million loss in the final quarter of 2009, which actually saw big improvements from a year earlier.
The oilsands producer says the fourth-quarter loss amounted to 75 cents per share. That's a reduction from the year-earlier lo
ATS Automation earns $3.7 million from continuing operations in third quarter
THE CANADIAN PRESS
9 Feb, 2010 0 0
CAMBRIDGE, Ont. - ATS Automation Tooling Systems Inc. (TSX:ATA) says its revenue and profit from continuing operations were down in its fiscal third quarter, which ended Dec. 27.
The Ontario-based company, which makes manufacturing equipment as well as solar energy products, says its net income
Toyota recalls 437,000 Prius and other hybrids globally for brake problems
Yuri Kageyama, THE ASSOCIATED PRESS
9 Feb, 2010 0 0
TOKYO - Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest in a string of embarrassing safety lapses at the world's largest automaker.
"I don't see Toyota as an infallible company that never makes mistakes," president Akio Toyod
European stocks up cautiously on hopes for Greece
CARLO PIOVANO, THE ASSOCIATED PRESS
9 Feb, 2010 0 0
LONDON - European stocks rose cautiously Tuesday on hopes that EU officials will provide Greece with some form of support to handle its mountain of debt and keep the market crisis from spreading to other vulnerable countries.
Although the European Investment Bank said Tuesday it would not be abl
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