US / Canada

Fitch, S&P downgrade Spanish banks

Ratings agencies Fitch lowered its ratings on four big Spanish banks while Standard & Poor’s cut its rating for the industry as a whole on Monday following recent sovereign downgrades and on con

Monday, February 13, 2012 (Financial Post)

Air Canada in talks with pilots as deadline nears

Air Canada says that talks with the union representing 3,000 pilots are scheduled to continue this week and it remains confident a work stoppage can be avoided as a key deadline approaches.

Monday, February 13, 2012 (CBC)

Claire’s, Chesapeake Sell Bonds as High-Yield Appetite Revives

Claire’s Stores Inc., the jewelry retailer owned by Apollo Global Management LLC, and Chesapeake Energy Corp. are offering bonds, as investor appetite for high- yield debt soars to the highest l

Monday, February 13, 2012 (Business Week)

Junius Peake, Early Fan of Electronic Trading, Dies at 80

Junius Peake, one of the finance industry’s earliest and most persistent proponents of electronic trading, has died. He was 80.

Monday, February 13, 2012 (Business Week)

McDonald’s to Phase Out Pig Crates 11 Years After Chipotle

McDonald’s Corp., the world’s largest restaurant chain, will require its pork suppliers to get rid of gestation pens that animal-rights groups have long deemed cruel to pigs.

Monday, February 13, 2012 (Business Week)

Valentine's Day Romance ... With a Side of Fries

Valentine's Day Romance ... With a Side of Fries 2012-02-13 16:45:00 EST

Monday, February 13, 2012 ()

Reckitt Benckiser’s Durex to Give Free Condoms to Olympians

Reckitt Benckiser Group Plc’s Durex brand will provide free condoms along with information about safe sex to athletes at this year’s London Olympics.

Monday, February 13, 2012 (Business Week)

Regeneron Rises on Forecast for Eye Drug Sales: New York Mover

Regeneron Pharmaceuticals Inc. rose to its highest price ever after the company increased its sales forecast for the eye drug Eylea more than analysts estimated.

Monday, February 13, 2012 (Business Week)

Ex-Bear Stearns execs settle with SEC

Two former Bear Stearns executives reached settlements Monday with federal regulators over civil charges they mislead investors about risky mortgage securities when the housing market was collapsing.

Monday, February 13, 2012 (CBC)

The man behind Europe's credit downgrades

Moritz Kraemer, the lead analyst in S&P's European downgrades, and nicknamed 'Mr. Scissorhands,' has long toiled in obscurity. But his decisions have a huge impact

Monday, February 13, 2012 (Financial Post)

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