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Canadian markets news

Goldman Sachs profit falls 11 percent
(Reuters) - Goldman Sachs Group Inc (GS.N: Quote) reported an 11 percent drop in first-quarter profit as client activity remained constrained and fixed-income revenue shrank.
Goldman Sachs Earnings Lower, but Beat Wall Street Estimates -- Update  Wall Street Journal
Goldman Beats Estimates on Jump in Investment Banking  Bloomberg
The Globe and Mail   Related articles »  
Weak Barbie sales drag US toymaker Mattel into loss
EL SEGUNDO, CALIF.�Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss.
Mattel reports loss on weak Barbie sales  Montreal Gazette
UPDATE 1-Mattel posts quarterly loss as Barbie sales plummet  Reuters
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Augusta says proxy firm backs keeping poison pill
Augusta Resource Corporation (TSX:AZC) says that proxy advisory firm Glass, Lewis & Co. is recommending that shareholders vote on the continuation of its shareholders rights plan in the face of a hostile takeover by HudBay Minerals Inc. (TSX:HBM).
Glass Lewis recommends that Augusta Shareholders vote for Continuation of ...  Stockhouse
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Grain farmers growing their debt loads in wake of rail backlog
As much of last year's record crop sits unsold, financially stretched Western Canadian grain farmers are scrambling to secure funding for the coming planting season.
Great Western Railway seeks assurance of car supply  Southwest Booster
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Allen Road closure would speed Crosstown construction
A partial closure of northbound Allen Rd. for nearly two years could shave three or four months of pain off some Eglinton Ave. commutes by allowing Metrolinx to finish some of its work on the $5.3-billion Crosstown LRT a little faster.
Commuters face traffic gridlock as Eglinton LRT project causes major delays  CTV News
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Ontario hydro rates to jump on May 1
The price of electricity in Ontario is set to jump on May 1, with the steepest increase coming for power used during peak periods.
Monthly natural gas price fluctuations could be more than expected, analysis ...  Ottawa Citizen
Electricity rates going up in Ontario May 1  CBC.ca
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Canadians spending more out of pocket on health care
Canadians' out-of-pocket spending for prescription drugs, dental care and insurance premiums rose over a 12-year period for all families, especially people with lower incomes who may have reduced their use of health-care services, a new report suggests.
Out-of-pocket health costs rising  Ottawa Citizen
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Osisko Sale Spurs CEO to Next Gold Challenge: Corporate Canada
Sean Roosen, who turned a small explorer into the operator of one of Canada's largest gold mines, says he's ready to do it again after agreeing to sell Osisko Mining Corp.
Yamana Gold Announces Commitments for a Two Year US$750M Term Facility  MarketWatch
Goldcorp hostile bid battle for Osisko Mining likely thwarted by Yamana Gold ...  Business in Vancouver
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No tampering at malfunctioning rail crossings, Ottawa police say
Ottawa police say they found no evidence of mischief at seven west-end rail crossings, including one that's come under fire from politicians and residents for the number of times it's malfunctioned.
Ottawa police rule out tampering, but stick with Via Rail in keeping ...  Ottawa Sun
No evidence of sabotage of Via signals, Ottawa police say  Ottawa Citizen
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Tree cutting changes opposed RAW
Vancouver approved a bylaw change Wednesday that will restrict tree cutting on private property in order protect the city's healthy, mature urban canopy.
Vancouver residents no longer allowed to cut down trees  Vancouver Sun
Vancouver bans chopping mature trees on private property  MetroNews Canada
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