Wednesday, July 10, 2013

Investing | Financial Post

Reports on Lululemon Athletica Inc. these days are looking less like a yoga position than they are a yo-yo

The Toronto stock market closed slightly higher Wednesday amid another sign of a slowing Chinese economy and little in the minutes from the latest U.S. Federal Reserve meeting to indicate when the central bank might move on relaxing its economic stimulus program

Even as consensus built within the Federal Reserve in June about the likely need to begin pulling back on economic stimulus measures soon, many officials wanted more reassurance the employment recovery was on solid ground before a policy retreat

The sell-off in Canadian telecom stocks following news last month that Verizon Communications Inc. wants to buy its way into Canada shows how much investors are willing to pay in the first place for companies profiting from high industry barriers to entry

The euro zone, still drowning in debt bequeathed by the great financial crisis, increasingly resembles Japan in the 1990s as it struggled with its own balance sheet recession brought on by the bursting of an almighty asset bubble

Source: http://business.financialpost.com/category/investing/

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