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  • Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

    Date 30/01/2012

    Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

    The unitholders of Canmarc REIT (TSX:CMQ.UN) have approved the acquisition of the company by Cominar REIT (TSX:CUF.UN). Canmarc REIT will be removed from the S&P/TSX SmallCap Index after the close of Monday, February 6, 2012.

  • Informal Meeting Of Members Of The European Council, Brussels - The European Council Commits To Strengthening EU Growth And Competitiveness

    Date 30/01/2012

    On Monday 30 January 2012 European leaders decided on a number of steps to help promote growth and jobs in the European Union while ensuring financial stability and fiscal consolidation.

  • SEC Charges Former Executives And Accountants With Fraud At British Subsidiary Of Medical Devices Company - SEC Obtains Settlements With CEO And CFO To Clawback Bonuses Under Sarbanes-Oxley Section 304

    Date 30/01/2012

    The Securities and Exchange Commission today charged four former senior executives and accountants at the British subsidiary of an Indiana-based manufacturer of medical devices and aerospace products for their roles in an accounting fraud that was so pervasive that it distorted the financial statements of the parent company.

  • FSB Completes Peer Review Of Canada

    Date 30/01/2012

    The Financial Stability Board (FSB) published today the  report on its peer review of Canada.This forms part of a regular programme of peer reviews of FSB member countries that began in 2010. The main purpose of the report is to assess Canada’s progress in addressing regulatory and supervisory issues raised by the International Monetary Fund (IMF) under the Financial Sector Assessment Program (FSAP) in 2007-08. The report also provides an overview of market and regulatory developments since the FSAP was published.

  • Statement For The Treasury Borrowing Advisory Committee Of The Securities Industry And Financial Markets Association - Janice Eberly, U.S. Treasury Assistant Secretary for Economic Policy

    Date 30/01/2012

    The recovery continued to firm in the final quarter of last year, and labor market conditions improved. According to the advance GDP report released last week, the economy grew by 2.8 percent at an annual rate in the fourth quarter, the tenth straight quarter of growth since the recession ended in mid-2009. Job growth accelerated in the final months of 2011, and the unemployment rate declined sharply, although at 8.5 percent, it still remains too high. The unwinding of the effects of temporary shocks sustained earlier last year helped boost growth in the second half of the year. Private forecasters anticipate a more moderate but stable path of expansion going forward. Even so, further progress this year in reducing unemployment from current levels may be limited. The economy continues to face a number of challenges, including the slowdown in growth overseas, particularly in Europe, and the threat of further fiscal contraction at all levels of government. The Administration remains committed to fostering stronger near-term growth and a more rapid pace of job creation and to redressing the country’s longer-term fiscal situation.

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