Jennifer's Feed
Sep 13, 2010
via Fan Fare

Woody Allen’s latest take on life’s “nightmare”

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Writer-director Woody Allen doesn’t mince words when expressing the anxiety he feels about aging and death.

In a typically blunt, near-two minute tirade, seventy-four-year-old Allen, said he sees no advantage to the golden years at all.

Sep 13, 2010

TSX higher on China data, bank capital rules

TORONTO, Sept 13 (Reuters) – Toronto’s resource-heavy index
climbed on Monday morning as Chinese economic data released
over the weekend boosted confidence in economic recovery, while
markets welcomed an agreement on new global rules for bank
capital reserves.

Energy and mining shares got a boost as prices for oil and
base metals rose on data that showed strong Chinese demand
growth and industrial output. ID:nTOE68A00H [MKTS/GLOB]

Sep 13, 2010

Fidessa launches trading tools to track stock activity

TORONTO, Sept 13 (Reuters) – Financial services firm
Fidessa Group (FDSA.L: Quote, Profile, Research, Stock Buzz) on Monday launched trading tools in
Canada and elsewhere that investors can use to track the
breakdown of stocks across exchanges and alternative venues.

The “Fidessa Fragmentation Index and Fragulator” will help
the global trading community check trading patterns of any
stock or index, helping them decide what venues to participate
in to ensure the best handling of stock orders.

Sep 11, 2010
via Fan Fare

Bill Gates to America: education matters

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Worry about the U.S. public education system has brought billionaire Bill Gates into the movie business, with a cameo role in a documentary looking at the “full-on crisis” of undereducated kids, in a school system that’s failing to meet their needs, and a tough message to business leaders:
Education matters, and good students will strengthen American business and improve its competitive position.
Gates is one of the experts who appears in “Waiting for Superman,” a documentary that focuses on staggering signs that American children are falling way behind their counterparts in other countries, even as school spending increases.
Director Davis Guggenheim, who also directed Al Gore’s “An Inconvenient Truth,” tells the story through everyday students, as well as key reformers and stakeholders in education.
“We are in full-on crisis mode,” producer Lesley Chilcott told a press conference which Gates also attended.
Gates said Microsoft is finding it increasingly difficult to find home-grown science and engineering students, and many science students did not come through the public school system.
“If you look at a computer science department in the top schools the majority are not U.S.-born,” he said. “That just says something about our education system.”

Pictured above:

Director Davis Guggenheim (R) and Bill Gates attend a news conference to promote the film “Waiting For Superman” during the 35th Toronto International Film Festival September 11, 2010. REUTERS/Fred Thornhill

Sep 9, 2010

Weak gold miners pull TSX lower

TORONTO, Sept 9 (Reuters) – Toronto’s main stock index
ended slightly lower on Thursday, pressured by weak bullion
prices as investors unwound safe-haven trades after the release
of favorable U.S. economic data.

New U.S. claims for unemployment benefits fell more than
expected last week to a two-month low, while the trade deficit
narrowed sharply in July, hopeful signs for the sputtering
economic recovery. [ID:nN09174403]

Sep 9, 2010

TSX slips as gold price falters

TORONTO, Sept 9 (Reuters) – Toronto’s main stock index
ended slightly lower on Thursday, pressured by weak bullion
prices as investors unwound safe-haven trades after the release
of favorable U.S. economic data.

New U.S. claims for unemployment benefits fell more than
expected last week to a two-month low, while the trade deficit
narrowed sharply in July, hopeful signs for the stuttering
economic recovery. [ID:nN09174403]

Sep 8, 2010

TSX retreats for 2nd day from recent rally

TORONTO, Sept 8 (Reuters) – Toronto’s main stock market
index fell for a second straight session on Wednesday, led
lower by weak gold miners as investors squared positions
following recent strength.

The index’s heavyweight materials sector, home to miners
and fertilizer companies, sank 1 percent despite steadiness in
bullion prices. [GOL/]

Sep 7, 2010

TSX lower on weak resources, European banks

TORONTO, Sept 7 (Reuters) – Toronto’s main stock index
fell on Tuesday morning as oil and base metals prices sank on a
stronger U.S. dollar and renewed concerns about Europe’s
banking sector.

Weakness in the index’s commodity and banking-linked
sectors showed up in such stocks as Suncor Energy (SU.TO: Quote, Profile, Research, Stock Buzz), down
0.8 percent at C$33.64; Teck Resources (TCKb.TO: Quote, Profile, Research, Stock Buzz) down 3.2
percent at C$38.45; and Toronto-Dominion Bank (TD.TO: Quote, Profile, Research, Stock Buzz), which
shed 1.6 percent to C$73.24.

Sep 3, 2010

TSX gains as fears ease after U.S. jobs data

TORONTO, Sept 3 (Reuters) – Toronto’s main stock index
notched its eighth straight session in the black on Friday as a
stronger than expected U.S. employment report eased fears about
a sputtering recovery.

Toronto followed U.S. equities higher after data showed
U.S. nonfarm employment fell less than forecast in August,
while private payrolls growth was higher than expected.
[ID:nN02227856] [.N]

Sep 3, 2010

Canada regulator reviewing Alpha trading plan

TORONTO, Sept 3 (Reuters) – Canadian market regulators are
reviewing a plan used by some of the country’s biggest
brokerages that would direct more orders to an alternative
trading system they own.

The Investment Industry Regulatory Organization of Canada
(IIROC), the self-regulatory group that oversees investment
dealers and trading activity on debt and equity markets in
Canada, is reviewing Alpha Group’s “Momentum Initiative”
program.

    • About Jennifer

      "Jennifer Kwan is a Toronto-based reporter on the market news and treasury team, and covers a broad mix of stories related to trading, exchanges and regulation. Previously worked as an editor for the company's online newsroom. Before joining Reuters, she worked at the Canadian Press, as well as the Toronto Star and Yukon News newspapers."
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