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Canadian markets news

Fed's Yellen says rate hike may be warranted later this year
SAN FRANCISCO/WASHINGTON (Reuters) - An interest rate hike by the Federal Reserve may be warranted later this year, with a gradual path expected to follow, although a downturn in core inflation or wage growth could force it to hold off, the central bank's ...
Rate hike 'may be warranted' this year, Janet Yellen says
Janet Yellen says U.S. Fed rate hikes may start this year if economy ...  Financial Post
New York Times  
Germanwings plane crash: Lufthansa to require two people in cockpit at all times
Investigators find torn up sick notes in Andreas Lubitz's home · Pilot used axe to open cockpit door · Pilot was having relationship problems · Murder-suicide 'usually involves psychopathy or psychosis'.
Lufthansa to toughen up cockpit rules  Reuters
European air authority recommends 2 crew in cockpit  Washington Post
Bombardier Says CSeries Plane Won't Fly Commercially Until 2016
Bombardier Inc. said on Friday that it doesn't expect its CSeries aircraft to begin carrying commercial passengers until early 2016, the latest setback linked to the jetliner program.
Bombardier reveals another CSeries delay pushing delivery to 2016
Bombardier CEO confirms CSeries deliveries delayed until early 2016  The Daily Courier (subscription)
Two Vancouver businessmen fined for investment fraud
Two Vancouver businessmen have been ordered to pay penalties totalling almost $52-million after fraudulently raising almost $22-million from investors without revealing their company was near insolvency.
BC regulators issue $51.7M in penalties, permanently ban two men in fraud case  Vancouver Sun
Two men fined $30 million, banned from markets for BC investor fraud  Westerly News
TSX ends lower as energy stocks weigh
TORONTO (Reuters) - Canada's main stock index finished lower on Friday, with the decline led by energy stocks, which were dragged lower by a sharp fall in crude prices.
CANADA STOCKS-TSX slips as resource, bank stocks lead losses  Reuters
TSX falls as gold, oil and Canadian dollar drop; Wall Street positive  Financial Post
Canada Post returns to profit in 2014; revenue higher, costs lower than 2013
OTTAWA - Canada Post Group returned to profitability last year as the postal service cut costs and raised revenue with higher stamp prices and increased demand from Canadians having their online purchases shipped to them.
Higher revenue, lower costs put Canada Post back in black  Toronto Star
Canada Post Profit Proves Door To Door Delivery Should Stay: CUPW  640 Toronto News
BlackBerry's Chen Says Sales Are Bottoming Out in Turnaround
An employee holds a new BlackBerry Ltd. Leap smartphone for an arranged photograph at the Mobile World Congress in Barcelona. Photographer: Pau Barrena/Bloomberg.
BlackBerry surprises by posting small profit, but revenue dives  Toronto Star
Another good quarter for BlackBerry  Computer Dealer News
Intel in talks to buy Altera: WSJ report
(Reuters) - Intel Corp (INTC.O) is in talks to buy fellow chipmaker Altera Corp (ALTR.O) in a deal that would likely top $10 billion, marking the latest merger in the semiconductor business, the Wall Street Journal reported on Friday.
Altera shares jump 23% on reported Intel interest  CNBC
REFILE-UPDATE 1-Ski-Doo maker BRP profit tops estimates on new products ...
March 27 (Reuters) - BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, reported a much higher-than-expected quarterly profit, helped by a stronger dollar, the introduction of new powersport vehicles and higher shipments of Can-Am ...
Ski-Doo maker BRP sees Russian sales falling in half over the coming year  Vancouver Sun
Ski-doo maker BRP posts profit on stronger dollar, new vehicles  The Globe and Mail
Girders on 102 Ave. bridge starting to straighten, final piece to be added
City of Edmonton officials said Friday that the four girders on the 102 Avenue Bridge over Groat Road that twisted during installation nearly two weeks ago have started to straighten, and the plan to reopen the major roadway was on-track.
Bridge girders continue to straighten but Groat Road won't open until ...  Edmonton Journal
Groat Road to reopen by April 7