(TORONTO)Canada is buying up to $25 billion Canadian ($21 billion) in mortgages from the country's banks in an effort to maintain the availability of credit, the country's finance minister ...READ MORE
(CLEVELAND)National City Corp. won't discuss a report that the troubled bank is looking for a buyer. But one analyst said Thursday it would be absurd for National City--weighed down by high-r...READ MORE
(NEW YORK)Cleveland-based National City Corp. may be the next bank to succumb to the current wave of consolidation in the financial industry, according to a report Thursday.READ MORE
(LAS VEGAS)MGM Mirage said Monday that it completed the first stage of its $3 billion financing package for CityCenter, a $9.2 billion Las Vegas Strip casino project being developed with Duba...READ MORE
(NEW YORK)Online brokerage E-Trade Financial Corp. on Monday said it will sell its E-Trade Canada unit to Scotiabank for $442 million cash. The sale is part of E-Trade's plan to sell noncore...READ MORE
(NEW YORK)An RBC Capital Markets analyst said Monday that three Canadian banks will face more pressure on their profits, and he downgraded shares of Canadian Imperial Bank of Commerce and To...READ MORE
(NEW YORK)Video game publisher Electronic Arts Inc. said Friday it received debt financing commitments of up to $1 billion for its $2 billion tender offer for smaller rival Take-Two Interact...READ MORE