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A Few Thoughts On The BlackBerry-Good Technology Deal

So much for that IPO, I suppose.
Good Technology, a long-time IPO candidate with reams of public financial data, was snapped up by BlackBerry this morning for $425 million. 45 more words


500 Startups Closes Its Newest Fund with $85 Million

500 Startups, the five-year-old, Mountain View, Ca.-based venture firm, has closed its third global fund with $85 million. The nearly 500 investors in the vehicle include Tokyo-based Dentsu, Yahoo Japan and Malaysia Venture Capital Management Berhad, a venture firm backed by the Malaysian government. 13 more words


FP Watchlist: Loonie, BlackBerry shares, oil prices

The loonie is in the spotlight after Canada added 12,000 jobs in August and the unemployment rate rose to 7%, BlackBerry says it will buy rival Good Technology for US$425 million, and oil prices are falling on concerns over slowing growth in Europe.


Toronto detached homes climb back over $1 million as prices keep rising in seller's market

Toronto home prices continued to climb last month and local realtors maintain the city is still a seller’s market.

The Toronto Real Estate Board said Friday the average sale price of a detached in the city of Toronto was $1,017,652, climbing above the seven figure level it had dipped below in recent months. 250 more words


Supreme Court of Canada rules Ecuador villagers can go ahead with US$9.5-billion legal case against Chevron

A group of Ecuadoran villagers can proceed with a legal claim that asks an Ontario court to help them collect on a US$9.5-billion judgment they obtained in Ecuador against global oil giant Chevron Corp., the Supreme Court of Canada has ruled. 903 more words


U.S. job growth slows, unemployment rate falls to 5.1%

WASHINGTON — U.S. payrolls rose less than expected in August, but a drop in the unemployment rate to a near 7-1/2-year low of 5.1 per cent and an acceleration in wages kept alive prospects of a Federal Reserve interest rate hike later this month. 618 more words


Canada adds 12,000 jobs in August, but unemployment rate rises to 7%

OTTAWA — Canada’s economy gained 12,000 jobs in August, bolstered by a gain in full-time employment, but more people were looking for work and the unemployment rate ticked higher for the first time in months. 539 more words