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Market summary

10:50AM EDT

World markets

Shanghai 4,480.46 +38.81 (0.87%)
Nikkei 225 19,531.63 +11.62 (0.06%)
Hang Seng Index 28,123.82 -9.18 (-0.03%)
TSEC 9,845.04 +24.99 (0.25%)
FTSE 100 6,985.95 +25.32 (0.36%)
EURO STOXX 50 3,640.91 +25.32 (0.70%)
CAC 40 5,093.31 +46.82 (0.93%)
S&P/ASX 200 5,827.50 +13.10 (0.23%)
BSE Sensex 27,490.59 +479.28 (1.77%)
TA25 1,643.91 +9.59 (0.59%)
SMI 9,102.73 +25.61 (0.28%)
ATX 2,611.50 +25.17 (0.97%)
IBOVESPA 57,124.45 +895.07 (1.59%)
SET 1,526.74 +4.27 (0.28%)
BIST100 84,018.92 +71.88 (0.09%)
IBEX 11,448.50 +63.50 (0.56%)
WIG 56,793.12 +315.43 (0.56%)
TASI 9,787.00 +22.76 (0.23%)
MERVAL 11,159.71 +138.90 (1.26%)

Currencies

CAD/USD 0.8253 +0.0032 (0.38%)
CAD/EUR 0.7395 +0.0047 (0.63%)
CAD/JPY 99.1669 +0.3962 (0.40%)
CAD/GBP 0.5458 +0.0031 (0.57%)
CAD/HKD 6.3982 +0.0264 (0.41%)
CAD/AUD 1.0521 +0.0021 (0.20%)
McDonald's to reorganize units, boost franchises in turnaround
(Reuters) - McDonald's Corp's MCD.N new chief executive officer said on Monday he would reorganize operating units, sell more restaurants to franchisees and cut costs in a bid to turn the fast-food chain into a "modern, progressive burger company.
McDonald's Chief Promises Turnaround in a Restructuring  
McDonald's reveals its recipe for revival  
Market Chart
15,386.20 +46.43 (0.30%)
701.17 +1.74 (0.25%)
18,097.19 +73.13 (0.41%)
2,117.16 +8.87 (0.42%)

Top stories

Dow Chemical Co. DOW 0.17 % expects to reduce its global workforce by roughly 3%, part of an effort to streamline the company ahead of the pending spinoff of a significant portion of its chlorine business.
OTTAWA - A new report says seniors and those approaching retirement are making up a growing proportion of those filing for insolvency in Ontario and have bigger debts compared with younger people.
MONTREAL - Bombardier Transportation says its consortium with Egypt's Orascom Construction is finalizing discussions with the Egyptian government to build a US$1.5 billion monorail near Cairo.
MONTREAL - Quebec-based forestry company Tembec says it has just endured a tough winter quarter that resulted in a $40-million loss.
TORONTO May 4 (Reuters) - TMX Group Ltd, the owner of Canada's major stock exchanges, said on Monday it plans to gradually reduce its rebate and fee structure in a bid to address concerns around the model and to tackle competitive threats.

Trends

Popular searches on GoogleChange Mkt Cap
AGF.B AGF Management Limited 0.52% 642.00M
GEI Gibson Energy Inc. 2.06% 3.48B
VSN Veresen Inc -0.11% 5.31B

Bank of Canada daily digest

Money markets Change
Overnight rate 0.749% +0.0042
Corporate paper, 1 month 0.870% 0.00
Treasury bill, 1 month 0.640% +0.0100
Inflation
Total consumer price index 1.20% +0.200
Interest rates
10 year bond 2.07% +0.0600
Prime business rate 2.85% 0.00
Conventional mortgage, 5 yrs 4.64% 0.00