Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Report on Business

Streetwise

News and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

  (Joanna Wnuk/Getty Images/Hemera)

 

(Joanna Wnuk/Getty Images/Hemera)

Morning meeting: Oil patch hit by shareholder discontent Add to ...

Can't miss stories from the web

Shareholder discontent hits oil country On the heels of Bill Ackman’s coup at CP, Calgary boardrooms are rumbling as proxy fights spill into the oil patch.

RIM no longer Canada’s tech king CGI Group Inc. has surpassed Research In Motion as Canada’s most valuable technology company after its $2.6-billion bid for Logica Plc.

Did RIM wait too long to consider a sale? RIM admitted on Tuesday that it was exploring “strategic business model alternatives”. However, the best time to sell may have already come and gone.

Echoes of 2008 An ominous sense of deja vu is descending on global markets, says World Bank President Robert Zoellick. The only difference is that euro zone sovereign debt has replaced mortgages as the risky asset class.

BP eyes selling stake in Russian venture British oil giant BP PLC said Friday it could sell its 50 per cent stake in its Russian joint venture TNK-BP, which could fetch at least $15-billion (U.S.).

OSC orders Finkelstein stock-tipping case to proceed Accused stock-tipper Mitchell Finkelstein has lost his bid to have his case dismissed by the Ontario Securities Commission on grounds he didn’t have proper advance notice of the allegations.

Goldman ready for the four horsemen of the apocalypse No situation is too extreme for the kings of Wall Street, not even the dissolution of the euro.

Follow us on Twitter: @GlobeBusiness

 

In the know

Most popular videos »

Highlights

More from The Globe and Mail

Most popular