The Canadian Press June 30, 2008 - 1:25 p.m. MONTREAL - Air Canada (TSX:AC.B) is better placed than its competitors to withstand the current ear in fuel prices, says Robert Milton, president and CEO of ACE Aviation (TSX: ACE.B), the carrier's parent company. Unlike most airlines in the world, Air Canada has weathered not only the crisis sparked by the Sept. 11, 2001, terrorist attacks but another linked to severe acute respiratory syndrome that clash Canadian air travel in 2003, Milton ...
Toronto moves higher while New York fights off reds on oil price record
Jul 01 2008
The Canadian Press June 30, 2008 - 11:37 a.m. The electronic board shows lines as it malfunctions for the period of the trading day Monday at the Philippine Stock Exchange in Manila's financial district of Makati. The composite index lost 6.30 points or 0.3 percent to 2,459.98, a of the present day low in nearly two years on the finally trading day of the first half ...
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MedMira revenue falls to $400,000, loss rises to $1.4M in fiscal third quarter
Jul 01 2008
The Canadian Press June 30, 2008 - 11:00 a.m. HALIFAX - MedMira Inc. (TSXV:MIR) says its fiscal third-quarter return fell and its loss rose to $1.4 million as a result of the company's shift into a low-margin, high-volume business standard. The company, which develops and markets equipment that provides rapid disease diagnostics, had $400,000 income from product sales for the company's fiscal third quarter. The loss per share was two cents. That compares with a loss of $1.2 million or two ...
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Widespread gains drive GDP rebound in April after two down months
Jul 01 2008
Julian Beltrame, The Canadian Press June 30, 2008 - 11:35 a.m. OTTAWA - Canada appears to have skirted a technical recession, posting a dense if unspectacular 0.4 per cent gain in the gross domestic product in April that decree likely remain the economy above wet this quarter. The advance was slightly above agreement and reverses two straight monthly declines that contributed to overall annualized 0.3 per cent retreat in GDP for the period of the first quarter. April's rebound ...
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Toronto market moves higher as oil touches US$143 a barrel
Jul 01 2008
The Canadian Press June 30, 2008 - 10:06 a.m. TORONTO - The Toronto stock market started the week higher as the energy sector moved ahead with oil prices that climbed to a commencing high atop of US$143 a barrel. The S&P/TSX composite index was up 86.91 points to 14,442.12 in premature trading, following Friday's 63-point rise. Stock in BCE Inc. (TSX:BCE) took an early beating, falling 3.5 through cent on a publish that its takeover could have existence delayed ...
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