Market Newshttp://www.canadianbusiness.comNews, opinion and community for business leaders, entrepreneurs and investors. en-us Fri, 20 Nov 2009 19:45:18 -0400 Hershey may make US$17-billion bid for Cadbury, topping Kraft, Journal reports http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b203187124&utm_source=markets&utm_medium=rss NEW YORK - Hershey Co. may make a US$17-billion bid for UK candy company Cadbury PLC, topping the recent $16.5-billion hostile offer by Kraft Fri, 20 Nov 2009 19:35:00 -0400 Market News As interest rates fall back near zero, there aren't many happy returns http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b203513725&utm_source=markets&utm_medium=rss NEW YORK - The United States is finally becoming a country of savers. Now if only we could get something for our money.Interest rates are Fri, 20 Nov 2009 19:15:00 -0400 Market News Judge reserves decision on whether Scotiabank overtime suit can move forward http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b205804230&utm_source=markets&utm_medium=rss TORONTO - An Ontario court judge deciding whether a class action lawsuit against Scotiabank (TSX:BNS) over unpaid overtime should be dismissed has Fri, 20 Nov 2009 19:14:00 -0400 Market News Consumers trade up for less on latest electronics as prices come down http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b207280133&utm_source=markets&utm_medium=rss MONTREAL - Prices for the latest gadgets and TVs haven't fallen dramatically, but enough to allow consumers to trade up at lower prices, says the Fri, 20 Nov 2009 19:13:00 -0400 Market News Transat beefs up France operations by teaming with travel agency network http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b202378721&utm_source=markets&utm_medium=rss MONTREAL - Tour operator Transat A.T. (TSX:TRZ.B) is hoping to expand its presence and revenues in France by partnering with that country's Fri, 20 Nov 2009 18:45:00 -0400 Market News AbitibiBowater juggles to avoid large tax bills from $250-million loan http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b202606822&utm_source=markets&utm_medium=rss MONTREAL - AbitibiBowater's worsening financial position is forcing the insolvent company to juggle its corporate structure to avoid a big tax Fri, 20 Nov 2009 18:45:00 -0400 Market News Two bidders vie for Nortel's optical networking business in auction http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b202450121&utm_source=markets&utm_medium=rss TORONTO - Some of Nortel Networks' most-prized assets were on the auction block Friday as two technology giants put their best bids forward in Fri, 20 Nov 2009 18:43:00 -0400 Market News Brookfield increases long-term contract for power generation in Ont. http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b201601118&utm_source=markets&utm_medium=rss TORONTO - Brookfield Renewable Power Inc. said Friday it has signed a 20-year contract Ontario Power Authority to sell all of its output from 16 Fri, 20 Nov 2009 18:42:00 -0400 Market News Flaherty says government will undertake no new spending in next year's budget http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b203062423&utm_source=markets&utm_medium=rss TORONTO - Emphasizing that government stimulus spending is a temporary measure, federal Finance Minister Jim Flaherty says the Conservative Fri, 20 Nov 2009 18:31:00 -0400 Market News Recession catches up to businesses as more join the line to bankruptcy http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b204579427&utm_source=markets&utm_medium=rss OTTAWA - After withstanding recessionary headwinds for most the past year, Canadian businesses are now succumbing to the same economic malaise Fri, 20 Nov 2009 17:55:00 -0400 Market News Saputo, Kraft appeal court ruling upholding federal cheese regulations http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b203581825&utm_source=markets&utm_medium=rss MONTREAL - Saputo (TSX:SAP) and Kraft aren't taking no for an answer and have appealed a Federal Court ruling that upheld new federal cheese Fri, 20 Nov 2009 17:54:00 -0400 Market News TSX Venture Exchange closes up 7.12 points to 1,408.06 Friday http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=c202800723&utm_source=markets&utm_medium=rss TORONTO - The TSX Venture Exchange settled at 1,408.06 up 7.12 points on Friday. The volume at 5 p.m. was 254.34 million shares.Among the Fri, 20 Nov 2009 17:20:00 -0400 Market News Oil edges down toward US$76 amid economic uncertainty, rising U.S. dollar http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b18299018&utm_source=markets&utm_medium=rss NEW YORK - Oil prices fell below US$77 a barrel on Friday on a stronger U.S. dollar and amid concern about the strength of the global economic Fri, 20 Nov 2009 17:19:00 -0400 Market News Most actively traded companies on the TSX, TSX Venture Exchange markets http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=c203751825&utm_source=markets&utm_medium=rss TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange Fri, 20 Nov 2009 17:19:00 -0400 Market News CF gets three directors on Terra board, complicating hostile Agrium bid http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b202162021&utm_source=markets&utm_medium=rss CALGARY - Fertilizer giant Agrium Inc.'s (TSX:AGU) ambitions to take over Illinois-based CF Industries Holdings Inc. (NYSE:CF) hit an obstacle Fri, 20 Nov 2009 17:18:00 -0400 Market News