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<title>CP: BUSINESS (via THEGUARDIAN.PE.CA)</title>
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<description>CP: BUSINESS (via THEGUARDIAN.PE.CA)</description>
<pubDate>Tue, 09 Mar 2010 13:56 GMT</pubDate>
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<item>
<title><![CDATA[Canada&rsquo;s five biggest banks earn combined $5.09 billion in first quarter]]></title>
<description><![CDATA[
TORONTO - Canada's five biggest banks saw their profits soar by nearly two-thirds in the first quarter of 2010 compared to the same period a year before when the recession had battered away at earnings.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=92003220</link>
<pubDate>Tue, 09 Mar 2010 13:56 GMT</pubDate>
<author>The Canadian Press</author>
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<item>
<title><![CDATA[New cellphone player Wind Mobile wasn&rsquo;t ready to launch in December: report]]></title>
<description><![CDATA[
MONTREAL - Wind Mobile launched its new Canadian wireless communications service before it was ready and hasn't been able to attract significant customers, says a market-research report by the SeaBoard Group.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=94314527</link>
<pubDate>Tue, 09 Mar 2010 13:55 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[New cellphone player Wind Mobile wasn&rsquo;t ready to launch in December: report]]></category>
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<item>
<title><![CDATA[World Color CEO defends Quad/Graphics deal as best for shareholders]]></title>
<description><![CDATA[
MONTREAL - The head of World Color Press has defended the Montreal-based printing company's deal to merge with Quad/Graphics as its best opportunity to thrive and provide the biggest value for shareholders.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=91614518</link>
<pubDate>Tue, 09 Mar 2010 13:54 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[World Color CEO defends Quad/Graphics deal as best for shareholders]]></category>
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<item>
<title><![CDATA[Judge certifies class-action lawsuit against Microsoft Canada]]></title>
<description><![CDATA[
VANCOUVER, B.C. - A British Columbia judge has certified a class-action lawsuit against Microsoft that alleges the software giant engaged in anti-competitive behaviour that enabled it to charge higher prices for its products.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=95692430</link>
<pubDate>Tue, 09 Mar 2010 13:52 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Judge certifies class-action lawsuit against Microsoft Canada]]></category>
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<item>
<title><![CDATA[Chevron plans to cut 2,000 jobs, sell some overseas assets in restructuring]]></title>
<description><![CDATA[

]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=93125224</link>
<pubDate>Tue, 09 Mar 2010 13:51 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Chevron plans to cut 2,000 jobs, sell some overseas assets in restructuring]]></category>
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<item>
<title><![CDATA[Growing crude supplies pressure oil prices, reversing two-day rally]]></title>
<description><![CDATA[
NEW YORK - Oil prices reversed a two-day rally and fell sharply on Tuesday, driven by a stronger U.S. dollar, a lacklustre stock market and rising crude supplies.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=18299018</link>
<pubDate>Tue, 09 Mar 2010 12:57 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Growing crude supplies pressure oil prices, reversing two-day rally]]></category>
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<item>
<title><![CDATA[Couche-Tard earnings fall to $54.8 million from $71.1 million]]></title>
<description><![CDATA[
MONTREAL - Alimentation Couche-Tard Inc., Canada's largest convenience store operator (TSX:ATD.B) reports its third quarter profits fell to US$54.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=93914326</link>
<pubDate>Tue, 09 Mar 2010 12:55 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Couche-Tard earnings fall to $54.8 million from $71.1 million]]></category>
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<item>
<title><![CDATA[Apollo acquiring Linear Gold in court-approved deal; pays 20 per cent premium]]></title>
<description><![CDATA[
HALIFAX, N.S. - Apollo Gold Corp. plans to acquire Linear Gold Corp. in a share-swap merger that values Linear at more than $100 million, the companies announced Tuesday.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=92070120</link>
<pubDate>Tue, 09 Mar 2010 12:55 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Apollo acquiring Linear Gold in court-approved deal; pays 20 per cent premium]]></category>
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<title><![CDATA[NuVista Energy Q4 profit drops to $10.5M from $24.4M as revenue tumbles]]></title>
<description><![CDATA[
CALGARY - NuVista Energy Ltd. said Tuesday it will continue to pursue acquisition opportunities in the current fiscal year despite disappointing fourth-quarter and full-year profits due to lower revenues.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=9944515</link>
<pubDate>Tue, 09 Mar 2010 12:54 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[NuVista Energy Q4 profit drops to $10.5M from $24.4M as revenue tumbles]]></category>
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<item>
<title><![CDATA[TSX lower despite strong Scotiabank earnings as oil, gold prices decline]]></title>
<description><![CDATA[
TORONTO - The Toronto stock market found it hard to gain traction Tuesday as commodity prices fell and a better than expected earnings report from Scotiabank (TSX:BNS) failed to encourage buyers.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=17035013</link>
<pubDate>Tue, 09 Mar 2010 11:47 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[TSX lower despite strong Scotiabank earnings as oil, gold prices decline]]></category>
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<item>
<title><![CDATA[Rocky Mountain posts Q4 profit of $5.7M, reverses loss; revenues slightly higher]]></title>
<description><![CDATA[
CALGARY - Acquisitions slightly boosted revenue at Rocky Mountain Dealerships Inc. (TSX:RME) and helped it book a $5.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=92483921</link>
<pubDate>Tue, 09 Mar 2010 11:46 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Rocky Mountain posts Q4 profit of $5.7M, reverses loss; revenues slightly higher]]></category>
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<item>
<title><![CDATA[US job openings up sharply in Jan., evidence that employers may soon boost hiring]]></title>
<description><![CDATA[
WASHINGTON - Job openings in the United States rose sharply earlier this year, a sign that employers might be preparing to step up hiring.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=92964025</link>
<pubDate>Tue, 09 Mar 2010 11:25 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[US job openings up sharply in Jan., evidence that employers may soon boost hiring]]></category>
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<item>
<title><![CDATA[Burger King sales in January and February hurt by severe winter storms]]></title>
<description><![CDATA[
MIAMI - Winter storms hurt Burger King's results in January and February, the fast-food chain said Tuesday.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=93819626</link>
<pubDate>Tue, 09 Mar 2010 10:00 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Burger King sales in January and February hurt by severe winter storms]]></category>
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<item>
<title><![CDATA[Impairment charge pushes Northgate minerals into the red for Q4, fiscal year]]></title>
<description><![CDATA[
VANCOUVER, B.C. - Northgate Minerals Corp. (TSX:NGX) said Tuesday the writedown of the value of an Australian gold mine was a major factor in the losses booked during the full year and fourth quarter of 2009.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=93776925</link>
<pubDate>Tue, 09 Mar 2010 09:37 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Impairment charge pushes Northgate minerals into the red for Q4, fiscal year]]></category>
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<item>
<title><![CDATA[Scotiabank Q1 profit rises 17 per cent to $988 million]]></title>
<description><![CDATA[
TORONTO - Bank of Nova Scotia (TSX:BNS) wrapped up the Canadian banking industry's first-quarter earnings season with a $988-million profit that was up 17 per cent from a year earlier and ahead of analyst estimates.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=91593918</link>
<pubDate>Tue, 09 Mar 2010 09:05 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Scotiabank Q1 profit rises 17 per cent to $988 million]]></category>
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<item>
<title><![CDATA[Europe down, Asia flat as investors step back]]></title>
<description><![CDATA[
LONDON - European stocks eased lower Tuesday and Asia closed flat, as investors stepped back to assess the pace of the global economic recovery in the wake of last week's strong U.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=82157620</link>
<pubDate>Tue, 09 Mar 2010 06:56 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Europe down, Asia flat as investors step back]]></category>
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<item>
<title><![CDATA[Eurotunnel profit almost wiped out after fire, Eurostar shutdown hammer earnings]]></title>
<description><![CDATA[
PARIS, France - Eurotunnel SA, the operator of the English Channel tunnel, on Tuesday blamed a fire in the undersea route between France and Britain for nearly wiping out its profit in 2009.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=85849031</link>
<pubDate>Tue, 09 Mar 2010 05:26 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Eurotunnel profit almost wiped out after fire, Eurostar shutdown hammer earnings]]></category>
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<item>
<title><![CDATA[Google welcomes US Treasury decision to relax software export rules to Iran, others]]></title>
<description><![CDATA[
GENEVA - Google's director of policy communications has welcomed the U.S. Treasury Department's decision to relax restrictions on exporting Internet communications services to Iran, Sudan and Cuba.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=86765133</link>
<pubDate>Tue, 09 Mar 2010 05:20 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Google welcomes US Treasury decision to relax software export rules to Iran, others]]></category>
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<item>
<title><![CDATA[EADS reports loss on cost overruns for military and commercial planes]]></title>
<description><![CDATA[
PARIS, France - Airbus parent company EADS NV reported Tuesday that spiraling costs on its military transport plane and its A380 superjumbo led to losses in the fourth quarter and full year but said its outlook visibility was improving.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=82926625</link>
<pubDate>Tue, 09 Mar 2010 04:36 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[EADS reports loss on cost overruns for military and commercial planes]]></category>
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<item>
<title><![CDATA[Russian steelmaker Severstal&rsquo;s net loss narrows to $162 million in Q4]]></title>
<description><![CDATA[
MOSCOW - Russia's largest steelmaker Severstal on Tuesday posted a $162 million net loss in the fourth quarter of 2009 but signalled confidence in the year ahead.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=85552730</link>
<pubDate>Tue, 09 Mar 2010 04:16 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Russian steelmaker Severstal&rsquo;s net loss narrows to $162 million in Q4]]></category>
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<title><![CDATA[China tries to ease American concern over impact of debt holdings]]></title>
<description><![CDATA[
BEIJING - An official in charge of China's foreign reserves tried to ease American concern Tuesday about the political impact of its huge holdings of U.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=83681426</link>
<pubDate>Tue, 09 Mar 2010 04:15 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[China tries to ease American concern over impact of debt holdings]]></category>
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<item>
<title><![CDATA[China tries to ease American concern over impact of debt holdings]]></title>
<description><![CDATA[
BEIJING - An official in charge of China's foreign reserves tried to ease American concern Tuesday about the political impact of its huge holdings of U.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=83676526</link>
<pubDate>Tue, 09 Mar 2010 03:33 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[China tries to ease American concern over impact of debt holdings]]></category>
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<item>
<title><![CDATA[Merck, Sanofi-Aventis uniting animal medicine businesses into world&rsquo;s largest]]></title>
<description><![CDATA[
TRENTON, N.J. - Two of the world's biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry.
]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=85630031</link>
<pubDate>Tue, 09 Mar 2010 03:28 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Merck, Sanofi-Aventis uniting animal medicine businesses into world&rsquo;s largest]]></category>
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<title><![CDATA[Greek PM stressing global danger in Greek financial crisis before White House meeting]]></title>
<description><![CDATA[
WASHINGTON - Ahead of a meeting with U.S. President Barack Obama on Tuesday, Greek Prime Minister George Papandreou is stressing that his country's financial woes are a problem the United States cannot afford to ignore.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=81302018</link>
<pubDate>Tue, 09 Mar 2010 02:21 GMT</pubDate>
<author>The Canadian Press</author>
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<category><![CDATA[Greek PM stressing global danger in Greek financial crisis before White House meeting]]></category>
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<title><![CDATA[EADS books 4Q net loss after A400M charges, sees stable revenue in 2010]]></title>
<description><![CDATA[
PARIS, France - Airbus parent company EADS NV says it lost over euro1 billion (over $1 billion) in the fourth quarter after provisions for the A400M military transport plane and its A380 superjumbo passenger airliner weighed on earnings.]]></description>
<link>http://www.theguardian.pe.ca/index.cfm?pid=1447&amp;cpcat=business&amp;stry=82921925</link>
<pubDate>Tue, 09 Mar 2010 02:02 GMT</pubDate>
<author>The Canadian Press</author>
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<title><![CDATA[Pengrowth Energy Trust says earnings fell sharply in Q4 and for 2009.]]></title>
<description><![CDATA[
CALGARY - Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN), says it earned $50.5 million, or 18 cents per share, in its fourth quarter.
]]></description>
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<pubDate>Tue, 09 Mar 2010 02:01 GMT</pubDate>
<author>The Canadian Press</author>
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