TSX slides as mining, energy issues stumble
TORONTO (Reuters) - Canada's main stock market finished lower on Friday as natural resource stocks slumped and market sentiment soured following U.S. economic growth data that fell short of expectations. U.S. gross domestic product expanded at a 2.5 percent rate, an increase from the fourth quarter's dismal 0.4 percent pace but shy of the 3 percent growth analysts were hoping for. The weaker-than-expected data in Canada's biggest trading partner weighed on Canadian stocks.
Vodafone investors want bigger bid or full takeover by Verizon
LONDON (Reuters) - Six major Vodafone investors
TransCanada sees Keystone XL delayed till second-half 2015
CALGARY, Alberta (Reuters) - TransCanada Corp
U.S. sues Novartis over kickbacks, second case this week
NEW YORK (Reuters) - The U.S. government on Friday announced its second civil fraud lawsuit against Novartis AG
Chevron profit pinched by cheaper oil, but beats estimates
(Reuters) - Lower oil prices bit into Chevron Corp's
Mothers group petitions Disney over sick pay laws
ORLANDO, Florida (Reuters) - Representatives of a national organization of mothers were prevented on Thursday from delivering a petition to Walt Disney World accusing it of trying to block laws that would require companies to provide paid sick leave for employees. "They were turned away and security was called," Kristin Rowe-Finkbeiner, executive director of MomsRising, told Reuters on Friday.
Valeant in talks to buy Actavis for over $13 billion: WSJ
(Reuters) - Canada's biggest listed drug maker, Valeant Pharmaceuticals International Inc
Dollar falls against the yen; bond yields decline
NEW YORK (Reuters) - The U.S. dollar tumbled against the yen on Friday after the Bank of Japan left its monetary policy unchanged, while benchmark U.S. bond yields fell to near 4-1/2-month lows after the U.S. economy grew less than expected in the first quarter. The disappointing growth rate spurred concerns about a tepid outlook for the United States which, along with recent concerns that China's growth is slowing, also hit the price of oil. Brent crude fell to just above $103 a barrel after rising $3 in the past two sessions.
Portugal to challenge JPMorgan, Santander swaps in court
LISBON (Reuters) - Portugal's government said on Friday it would challenge in court several high-risk hedge contracts signed by public companies and banks JPMorgan
GM files registration statement to make shareholder sales easier
DETROIT (Reuters) - General Motors Co
Source: http://news.yahoo.com/ca-business-summary-000259603.html
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