CBC.ca News - Money

BCE denies talks are afoot to reprice takeover

BCE denies talks are afoot to reprice takeover: BCE issued a denial on Friday that it is in talks to renegotiate the terms of its sale to a group led by the private investment arm of the Ontario Teachers' Pension Plan. more »

Montreal Exchange denies insider trading by officials: The Montreal Exchange has denied that its president and a board member improperly engaged in insider trading leading up to its takeover by the TSX Group. more »
RIM goes it alone with new BlackBerry store: Research In Motion has joined a growing list of cellphone makers that are striking out on their own by selling handsets independently of big service providers, with its first BlackBerry-branded store. more »
Transat A.T. earnings weighed down by ABCP charge: Travel company Transat A.T. Inc. said Friday that an $11.2-million writedown on asset-backed commercial paper pulled its earnings lower in the fourth quarter. more »
U.S. consumer prices surged in November: Higher gas prices sent U.S. consumer inflation in November to its biggest jump since September 2005, the U.S. Labour Department said Friday. more »
Extreme CCTV agrees to takeover by German firm: Shares of Burnaby, B.C.-based Extreme CCTV Inc. rose in Friday trading on the TSX after the company struck a $93-million deal to be acquired by Robert Bosch GmbH of Germany. more »
Citigroup to add seven SIVs to its balance sheet: Citigroup will provide a "support facility" for its seven SIVs with investments totaling $49 billion and incorporate them onto its balance sheet, the bank said Thursday. more »
Ontario targets battered sectors for help: Ontario's Liberal government is dishing out new tax cuts for manufacturers and other businesses to boost sectors that have been battered by a high dollar and a slumping U.S. economy. more »
Telus cuts 2007 revenue outlook, sees rebound next year: Telecomunications company Telus Corp. said Thursday it'll bring in less money than thought this year, but expects to see higher revenue and profits in 2008. more »
Cross-border shoppers not spending like they used to: StatsCan: Cross-border shopping reached its apex in the late 1980s when record numbers of consumers sought out U.S. bargains, according to a Statistics Canada study. more »