Posted on 19 March, 2010
The U.S. Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday. A panel of the 2nd U.S. Circuit Court of Appeals in Manhattan said in two separate opinions that such information isn’t automatically exempt from requests under the Freedom of Information Act.
Posted on 19 March, 2010
Canada Housing said Wednesday it will sell five-year, 2.5% bonds maturing in March 2015. The debt may price about 18 basis points above Canada’s 2.5% bonds maturing in June 2015. That would be the lowest spread on a new Canada Housing issue since June 2007, when the agency paid a spread of 14 basis points. Since then, spreads have ranged from 21 to 65.5 basis points.
Posted on 18 March, 2010
Foreign investors flock into the Canadian currency as it hovers near a 20-month high
Posted on 17 March, 2010
We believe Lake Shore is a good buy opportunity as it is likely to get acquired or re-rated as it continues to increase production and reach mid tier status.
Posted on 07 March, 2010
In recent years, there have been few large gold deposit discoveries making it hard for senior gold producers to replace and add resources. In our view, Osisko’s Malartic gold deposit which is located in an attractive mining jurisdiction and has significant scale makes the company an attractive take-over target.