December 21st, 2010
More Canadians shopped online than crossed the border during the week kicked off by the U.S. Thanksgiving shopping bonanza known as Black Friday, a survey shows.
While 9.3 per cent of Canadians physically crossed the border to shop, 21 per cent said they shopped online, the survey by global research firm Synovate found.
Two-thirds of those who […]
Filed under: money, technology by Forest
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October 14th, 2010
ActivIdentity Corp. has agreed to be bought by the Swedish lock maker Assa Abloy AB in a deal valued at $162 million.
Assa Abloy will pay $3.25 per share in cash for Fremont-based ActivIdentity (NASDAQ: ACTI), a maker of digital identification products.
The price represents a premium of approximately 43 percent over ActivIdentity’s closing price on Oct. […]
Filed under: money by Forest
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August 6th, 2010
Spirit AeroSystems Inc. reported Tuesday that net income in the second quarter rose to $55 million, compared to the $8 million loss in net income the company reported in the second quarter of 2009.
Revenues at the Wichita-based aircraft supplier dipped slightly year over year, down to $1.056 billion from $1.06 billion
Earnings per share rose to […]
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May 26th, 2010
Should the wealthiest Washington residents pay an income tax to fund education and health care improvements in the state?
There are two opposing sides to the idea, and both sides submitted recent opinion pieces to the Puget Sound Business Journal.
Last week, Bill Gates Sr. co-authored a pro-income tax opinion, in which he proposes the state should […]
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March 31st, 2010
NAGOYA, Japan — The airy new Sony store in this central Japanese city has floor-to-ceiling windows, sleek white counters and friendly employees, called stylists, who offer advice and tailored counseling on Sony gadgets.
“It’s just like the Apple store,” laughed Yuka Hara, 23, a publishing company employee who was one of thousands of […]
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March 28th, 2010
United Insurance Holding Corp. said state mandates and reinsurance rate hikes pulled down earnings in the fourth quarter and full year of 2009.
For the fourth quarter, United Insurance reported a net loss of $1.2 million, or 11 cents a share, compared with net income of $6.8 million, or 65 cents a share, during the fourth […]
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March 8th, 2010
New Zealand manufacturing sales increased the most in more than seven years in the fourth quarter, led by higher production in the meat industry.
Sales volumes adjusted to remove inflation rose 3.1 percent from the previous three months, when they fell a revised 1.7 percent, Statistics New Zealand said in a statement in Wellington […]
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February 21st, 2010
There’s one safety feature that Toyota could have had in its cars for years that would have stopped many, perhaps even most, cases of unintended acceleration — it’s called ‘brake override.’
Toyota has been saying for several weeks that it will add the feature to all of its new cars, and singled out the technology […]
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January 5th, 2010
The Toronto stock market built on the solid gains of the previous session Tuesday morning thanks to a small upswing among mining stocks.
The S&P/TSX composite index was up 36.3 points to 11,903.2 after strong manufacturing data from the U.S. and China raised commodity prices and lifted the main index 121 points.
The Canadian dollar […]
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December 16th, 2009
OTTAWA–With nearly a third of all Canadian families lacking any pension savings, Finance Minister Jim Flaherty and his provincial counterparts are hoping in the next few days to find new ways to keep seniors from winding up in poverty. While the gathering in Whitehorse on Thursday and Friday is far too short to solve […]
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