Jennifer's Feed
Sep 16, 2010

Canada’s S&P/TSX to edge higher on growth outlook

TORONTO (Reuters) – Canada’s main stock index is seen edging higher by year-end and will likely extend gains into the middle of 2011, boosted by steady domestic growth and easing concerns about the global economy, a Reuters poll found.

The Toronto Stock Exchange’s S&P/TSX composite index was seen ending the year at 12,225, according to the median forecast of 20 analysts and fund managers, published on Thursday.

Sep 15, 2010

Home is where the heart is for actress Blake Lively

TORONTO (Reuters) – “Gossip Girl” star Blake Lively may be a fashion trendsetter on red carpets but in real life, the lanky blonde prefers to stay home and cook.

Lively, at the Toronto International Film Festival to promote her gritty new drama “The Town,” said she is as far as you can get from her role as rich Manhattan teenager Serena van der Woodsen in the racy TV show “Gossip Girl.”

Sep 15, 2010
via Fan Fare

Aaron Eckhart, Nicole Kidman in “Rabbit Hole” grief


How much is too much when actors research their roles?

Actor Aaron Eckhart, who plays Howie Corbett in John Cameron Mitchell’s “Rabbit Hole,” said he may have gone too far to research his character.

“I did attend one bereavement class and that was probably unethical, I would have to say, because you really feel like you’re taking advantage of people who are laying it all out … you just feel like you’re a liar so I didn’t do that again,” he told reporters at a press conference during the Toronto International Film Festival.

Sep 15, 2010

TSX stumbles on lower oil, weak data

TORONTO, Sept 15 (Reuters) – Toronto’s main stock index
fell on Wednesday morning after three days of gains as oil
prices slipped and weak data splashed cold water on recent
optimism about economic recovery.

The index’s energy sector, down 0.6 percent, dropped as
U.S. crude oil futures fell as traders expected Enbridge’s
(ENB.TO: Quote, Profile, Research, Stock Buzz) big Canada-U.S. crude pipeline to restart soon. [O/R]

Sep 14, 2010

TSX rises as gold price pushes higher

TORONTO, Sept 14 (Reuters) – Toronto’s main stock index
rose on Tuesday morning with strong gold prices and more robust
than expected U.S. retail sales data allowing it to generate
moderate gains.

Gold miners led the way. Barrick Gold (ABX.TO: Quote, Profile, Research, Stock Buzz) was up 2.6
percent at C$46.56, and Goldcorp Inc (G.TO: Quote, Profile, Research, Stock Buzz) climbed 3 percent
to C$43.86.

Sep 13, 2010
via Fan Fare

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


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


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]

    • 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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