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Canadian markets news

Apple stock falls for 5th straight day, as investors worry about China
SAN FRANCISCO -- Apple is slumping as the usually high-flying tech stock struggles with the burden of raised expectations. The world's most valuable public company saw its stock price drop for a fifth straight day on Tuesday, falling as much as $5.19 ...
Apple shares continue to plunge  Toronto Star
Bull Market Losing Biggest Supporter as Apple Caps 10% Slide  Bloomberg
Canadian dollar near 11-year low, North American stock markets waver
The Canadian dollar ended Tuesday at its lowest point since August 2004, closing more than half a cent from the previous session. The loonie closed at 75.87 cents (U.
CANADA FX DEBT-C$ weaker, outlook dim as low oil rate hike divergence bite  Reuters
Canadian dollar falls to 11-year low  News1130
Indigo narrows first-quarter loss
TORONTO -- Indigo Books & Music Inc. tightened losses by more than 35% in the first quarter as it further grew its general merchandise business.
Indigo Books & Music Inc sales rise for seventh straight quarter  Financial Post
Centerra continues talks with Kyrgyzstan despite arrest of former CEO
Toronto-based Centerra Gold Inc. says it remains in talks with the government of Kyrgyzstan on the future of the company's massive Kumtor gold mine in the mountains of the former Soviet republic, despite word that its former chief executive officer has ...
Former Centerra Gold CEO detained in Bulgaria on Kyrgyz corruption claims  Creamer Media's Mining Weekly
RIA Novosti: Centerra Gold is concerned by the detention of its former ...  Focus News
Canadian Retailer Laura Closing Underperforming Stores
The Quebec-based company has over 150 stores across the country under the banners Laura, Laura Petites, Laura Plus, and Melanie Lyne.
Laura clothing chain files for creditor protection  CBC.ca
165-store retailer Laura files for creditor protection  Toronto Star
City starts into expropriation hearings for second phase of rapid transit
Expropriation hearings are underway for the second phase of bus rapid transit. Eleven of the 33 property owners impacted are objecting to the expropriation process.
City highlights homes to be expropriated for rapid transitway  CBC.ca
Rapid transit expropriation fight picks up steam in Winnipeg  MetroNews Canada
Major US airlines end trophy hunter shipments after Cecil outcry
Three US airlines have banned the transport of lion, leopard, elephant, rhino or buffalo killed by trophy hunters, in the latest fallout from the killing of Zimbabwe's Cecil the lion last month.
Air Canada bans shipments of big-game hunting trophies  KIMA CBS 29
More companies chime in on big game trophy shipments  Bangkok Post
Canada is on the verge of a recession
New York (CNNMoney) - The latest economic data from Canada shows that it is inching toward recession, after its economy posted its fifth straight month of contraction.
Ten companies with a history of growing dividends  The Globe and Mail
Former Exxon President On Mission To Clean Up Oil Sands By James Stafford  Al-Jazeerah.info
US luxury retailer Neiman Marcus files for IPO
US luxury retailer Neiman Marcus has announced plans to float in New York. The department store operator filed plans for an IPO with US regulators and said it would use the $100m raised to repay some of its $4.7bn in debt.
UPDATE 1-US luxury fashion retailer Neiman Marcus files for IPO  Reuters
Neiman Marcus Files to Go Public Again  New York Times
Appeals court revives ATM-fee lawsuit
A federal appeals court has revived a lawsuit accusing MasterCard, Visa and three major banks of illegally fixing ATM prices at the expense of consumers.
ATM fee lawsuits against Visa, Mastercard, banks revived on appeal  Reuters
Judge Reinstates ATM Antitrust Case Against Visa, MasterCard  Nasdaq