Joanna Wnuk
Can't-miss stories from the web
A turnaround for Facebook stock?
Charles "Chase" Coleman – co-manager of one of the best performing hedge funds of the last two years – is buying into Facebook. It's a bullish sign for the social network's beaten up shares, which jumped 9 per cent to $24.60 on Wednesday just as some 800 million Facebook shares were freed from their lock-up provisions.
Even the nuns want a Citigroup breakup
A group of Benedictine nuns are calling for Citigroup to break up some of its businesses to increase shareholder value.
Agrium sees purchase of Viterra farm stores in early 2013
Agrium Inc. expects to close its $575-million purchase of Viterra Inc.'s farm retail stores in the first quarter of 2013, after Glencore completes its takeover of Viterra, according to Agrium chief executive Mike Wilson.
Shell to sink big money into natural gas
Royal Dutch Shell plc said Wednesday that it plans to invest more than $20-billion by 2015 in the company's Integrated Gas business. Shell claims to produce 22 million metric tons annually of liquefied natural gas and says it is adding capacity for another 7 million metric tons of annual production in Australia.