Red ink flowing at record rate

Winning games hasn't done much for the Phoenix Coyotes' bottom line.The club is 12-9-0 as of yesterday, but it lost $5-million (all currency U.S.) in October, the first full month of the NHL season, according to documents filed in an Arizona bankruptcy court this week. Fri, Nov. 20, 2009

Thursday's MARKETS / WHAT HAPPENED

DOWNFinancials fall on Manulife share saleCanadian stocks fell for the first time in five days, led by financial companies, after U.S. mortgage delinquencies increased and Manulife said it plans to sell stock to build up capital. Manulife plunged 6.1 per cent, while Royal Bank fell 0.8 per cent.

Packaging firm CCL Industries a defensive play

stocktrends.caThe StockCCL Industries Inc. Recent price$26.72THE TrendOften overlooked by investors gravitating toward defensive stocks, the packaging and container industry's link to the stability of the consumer staples and health care sectors is worth considering in the face of a possible double dip recession. Thu, Nov. 19, 2009

Euro zone posts strong trade surplus

The Europeans have joined the march to stronger trade numbers, in the latest hopeful signal that the fragile global recovery is taking root. But the overall picture is not as bright as it seems and a rising euro could soon darken it further. Wed, Nov. 18, 2009