Going out of business signJohn Foxx
Can't-miss stories from the Web
Brokerage firms are at the end of their rope
More than a third of Canada's 185 "boutique" brokerage firms have been in the red for the past two years and will be forced to shut down or consolidate if the country's capital markets don't improve, says IIAC CEO Ian Russell.
Jana scores tentative victory in Agrium battle
Activist shareholder Jana Partners LLC said on Monday that two of its five candidates appeared to have garnered enough votes to join Agrium Inc.'s 12-member board.
Ones and zeros at the gates
Electronic trading systems are set to muscle in on one of the last bastions of telephone-based transactions between investors and Wall Street dealers – the corporate bond market.
"Black swan" hedge funds fall out of favour
Money is leaving hedge funds that aim to profit from massive market plunges as the pain from the 2008 crisis fades away.
General Electric scoops Lufkin Industries
G.E. adds $3.3-billion to the $11-billion it has invested in the oil patch since 2007.
(Jody White is the Web Editor for Streetwise.)
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