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Open Text stock roars back

INVESTMENT REPORTERShares of Open Text Corp. surged 15 per cent a day after Canada's largest software company delivered quarterly results that topped expectations on the Street.The rise on Thursday erased most of the losses that the stock had suffered since last November, a three-month period that has included worries about Open Text's operations in Europe and a switch in the company's leadership. Fri, Feb. 3, 2012


Digging for attractive mining targets

imcgugan@globeandmail.comWhat are we looking for?Pay dirt for global miners.As the commodities trader Glencore heads toward a merger with the miner Xstrata, some observers theorize that the expensive and dangerous job of digging up ore will increasingly fall on the shoulders of a handful of major players with the financial muscle and engineering expertise to take on the challenges involved. According to this vision, behemoths such as Glencore-Xstrata, BHP Billiton, Vale, Rio Tinto and China Shenhua Energy will inevitably gobble up smaller miners as they strive to achieve economies of scale. Fri, Feb. 3, 2012


Facebook Hey guys, we're going public and looking for $5B. World's biggest Web IPO, anyone?

TECHNOLOGY REPORTERThe world's biggest social network is going public, unleashing one of the most lucrative stock offerings of all time and cementing personal information as the default currency of the new Internet boom. Thu, Feb. 2, 2012


The man behind the Lightning bolt

Jeffrey Vinik has already revitalized the Tampa Bay Lightning and many people in this city are hoping he'll do the same thing for the Rays.Vinik has become something of a hero in Tampa since he bought the Lightning for about $110-million (all currency U.S.) in 2010. He spent $40-million revamping the county-owned Tampa Bay Times Forum, he hired hockey great Steve Yzerman to run the team, and started donating $50,000 at each home game to various local charities. Thu, Feb. 2, 2012


The loonie, greenback and bonds

Read today’s currency and bond report, and view the archive.

Japanese yen in the news

Coverage of key drivers that influence the movement of the yen.

Stocks and commodities

Corporate earnings news, M&A activity and more, with a focus on commodities.

Spotlight on the economy

Updated news on interest rates, inflation, jobs, housing starts and key economic data.