GMP Securities pulls out of Stelco effort to restructure and ...
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TORONTO (CP) - A Bay Street investment dealer has dropped out of the battle to refinance Stelco Inc., saying it can&#39;t compete in a sales process that favours the Hamilton steelmaker being taken over by an industry player.
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Gold Fields&#39; latest legal bid to prevent a hostile takeover by South African rival Harmony was thrown out by regulators yesterday in another blow to its defence strategy.
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Stelco Inc. (STEa.TO) has lost a contract to supply steel to General Motors Inc. , its biggest customer, because the insolvent Canadian steelmaker failed to strike a deal with its workers, the union at Stelco said on Monday.
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Microsoft has pulled out of an international standards body because of concerns over control of intellectual property contributed to the group.
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TORONTO/NEW YORK  - U.S. Steel Corp  agreed to acquire Stelco Inc  for $1.1 billion, bagging the last big Canadian-owned steelmaker and strengthening its position in flat-rolled steel products in North America.
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Mortgage giant Freddie Mac announced Monday that it is shutting down some operations of its debt-securities sales division and transferring others - moves that experts said should tighten the company&#39;s internal controls after an
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The head of global stocks at the Citadel Investment Group, a $12 billion Chicago-based hedge fund, has left the firm, according a source.
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Stelco Inc. (STEa) said on Wednesday it had forged a new bailout plan with Deutsche Bank AG that does not require the insolvent steelmaker to have a supply contract with General Motors Corp.
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Japanese brewer Sapporo scraps current anti-takeover measures, but looks for new ways to fend off suitors.
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A Treasury-backed plan to stabilize a vital segment of the credit markets has been shelved, the banks involved said yesterday.
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Government-sponsored lender Freddie Mac said Monday that it will restructure some of its mortgage securities operations, primarily by ceasing the market-making activities of its Securities
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UK electrical goods retailer DSG International pulls out of plans to enter the Russian marketplace.
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Big banks have pulled the plug on a Treasury Department-backed plan to rescue troubled investment vehicles leveled by the subprime mortgage crisis.
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Stelco Inc., the Canadian steelmaker that&#39;s in bankruptcy protection, said it lost a contract to supply steel to General Motors Corp.
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TROUBLED nuclear power group British Energy yesterday said it was removing itself from the stock market in a bid to stop rebel shareholders scuppering its rescue package.
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Mortgage giant Freddie Mac is shutting down some operations of its debt-securities sales division and transferring others -- moves that experts said should tighten the company's internal controls after an accounting scandal.
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JPMorgan Chase & Co.  has canceled its auction of assets from two troubled Bear Stearns Cos. Inc.  hedge funds, a source familiar with the matter said on Wednesday.