Bank of England, Adobe, McDonald
Is peak rare earth closing in?
Is BlackBerry 'yesterday's phone'?
Victims pose as FBI agents to get money back from 'Ponzi scheme'
Canadian traders tout steps to avoid 'flash crash'
Alleged fraudster wants to run for Toronto mayor
Is peak rare earth closing in?
Is BlackBerry 'yesterday's phone'?
Victims pose as FBI agents to get money back from 'Ponzi scheme'
Canadian traders tout steps to avoid 'flash crash'
Alleged fraudster wants to run for Toronto mayor
BHP scouts Saskatchewan’s uranium
Peter Foster: Yet another hit and run on the oil sands
Provincial powers dampen economy
Investors must stare down the two-headed monster
Second chance to get wealthy off the Web
Virtual bankers want your business
Young women are earning more than their boyfriends?
Having fun teaching executives finance
Strategies for beating new competitors
America's most underestimated company
How to save your brand in the face of crisis
Startup incubator opens in Montreal to bolster falling venture capital spending
Business confidence falls for third straight month
Online presence key to small business success
Not too late to block tax hike
Sexual harassment policies often fall short
Job Hunting: There are apps for that
Sharing your Joy Factor is good for business
McCarthy snatches pension stalwart from Blakes
Bad and good news in law firms’ profitability survey
Clients tank, corporate lawyers feast
Macleod Dixon opens Bogota office
FP Marketing: Will sex, violence and science fiction help sell baby carrots?
Alliance Grain Traders waiting on delayed lentil harvest
U.S. equity index futures are higher this morning. S&P 500 futures are up 7 points in pre-opening trade. Index futures responded to better than expected economic data released at 8:30 AM EDT. Consensus for the July U.S. Trade Deficit was $47 billion versus $49.9 billion in June. Actual was $42.8 billion. Consensus for weekly jobless claims was 472,000. Actual was 451,000.
Economic data in Canada was less encouraging. Consensus for Canada’s July Trade Balance was a deficit of $800,000 versus a deficit of $1.1 billion in June. Actual was a deficit of $2.7 billion. Consensus for August housing starts was 185,000 versus 189,000 in July. Actual was 183,300.
The Bank of England maintained its overnight lending rate at a record 0.5%.
Apple gained 1.0% following news that it is relaxing restrictions for developing apps for its consumer electronic products. The biggest winner on the news was Adobe Systems. Adobe offers software that now has been approved by Apple to develop apps on Apple’s system. Adobe gained 8% in pre-opening trade.
McDonalds fell 2% after reporting less than expected sales in August.
Goldman Sachs upgraded Temple Inland from Neutral to Buy.
BGC Financial initiated coverage on Research in Motion with a Sell recommendation.