NEW YORK (MarketWatch) - Hedge funds aren't the only investors with money on the line as Argentina scrambles to avoid a bond default.
Calgary energy producer Penn West Petroleum Ltd. is facing the prospect of a messy battle for control of the company just as it copes with an accounting scandal and allegations of manipulating stock options.
Suncor Energy Inc. said Wednesday its net income during the second quarter dropped by more than two thirds as it took some $1.2-billion in charges related to its holdings in the oil sands and in Libya.
Target Corporation (NYSE:TGT) announced today that its Board of Directors has named seasoned retail and consumer products veteran Brian Cornell as the company's next chairman of the Board of Directors and chief executive officer, effective August 12.
Intact Financial Corp. saw a healthy increase in its second-quarter profits compared with the same quarter last year, when the insurance company was affected by extensive flooding in Alberta.