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Five highly rated companies sold a combined $12.5 billion of bonds in the third-busiest session of the year on Thursday.The spate of deals was led by international mining company Freeport-McMoRan Copper & Gold Inc. (FCX), which priced a $6.5 billion deal to fund the acquisition of Plains Exploration & Production Co. (PXP), a purchase announced late last year.Coca-Cola Co. (KO) placed a $2.5 billion deal, priced in three parts including five- and 10-year bonds yielding 1.194% and 2.546%, respectively. Demand was so strong that its two-year floating-rate tranche will pay investors 0.02 percentage point less than the three-month London interbank offered rate, or Libor, which is currently 0.29%. It is just the second company, after Walt Disney Co. (DIS) on Feb. 12, to sell bonds below the Libor rate this year.Floating-rate bonds feature interest payments that reset every quarter. If interest rates rise this year--as many are expecting--so do floating-rate bond payments. By contrast, the in...
Costly roaming rates are a sore point for many Canadian mobile-phone users. Roam Mobility Inc. says it has a better way.Roaming rates have become a hot-button issue ...
(This article was originally published Monday.)(From Canada's Globe and Mail newspaper, May 8 edition.)TORONTO (Globe and Mail)--Canadian investors are running low o...
Rogers Communications , Canada's largest wireless telecommunication company, reported a stronger than expected quarterly profit on Wednesday, driven by growth in its...
Canadian stocks fell moderately on Monday following reports that the Greek government's austerity talks with coalition leaders have been delayed until Tuesday so Pri...
* Bell ups the price it charges own customers (Adds Bell price rise)By Alastair SharpTORONTO (Reuters) - Online video rental company Netflix Inc has tweaked its Cana...
ReutersTORONTO (Reuters) - Netflix launched an online video-streaming service in Canada for movies and television shows on Wednesday, its first foray outside the Uni...
(Corrects spelling of name Sandiford in final paragraph)By Alastair SharpOTTAWA (Reuters) - Canada's established telecom carriers must allow smaller Internet provide...
By Alastair SharpOTTAWA (Reuters) - Canada's established telecom carriers must allow smaller Internet providers access to their high-speed fiber networks at the same...
(Updates to close)By Ka Yan NgOTTAWA (Reuters) - The Canadian dollar slid to its lowest level in nearly three weeks on Wednesday, while bonds surged, as a spate of d...
Rogers Communications Inc. (RCI) posted higher-than-expected fourth-quarter earnings, helped by strong results in its wireless communications segment, and also boost...
The innovative line of BlackBerry smartphones that Research In Motion Ltd (NASDAQ:RIMM) will formally unveil on Wednesday has already succeeded on one crucial count ...
Canadian communications company Rogers Communications Inc. (RCI, RCI.B.T, RCI.A.T) has agreed to buy a wireless spectrum licensing option from cable and satellite co...
Online retail forex giant Oanda Corp. announced two additions to its global management team on Monday, with a hire in Toronto and another in Japan.Jesper Bruun-Olsen...
Rogers Communications on Monday announced that its subscribers are now able to reserve Research In Motion's (NASDAQ:RIMM) first BlackBerry 10 smartphone — even thoug...
Canada's Rogers Media Inc. (RCI) said Saturday it has agreed to buy all of Score Media (SCRFF, SCR.T) and a 10% equity interest in Score Digital for 167 million Cana...
Here are five stocks that set 52-week highs:While trading on above-average volume, Ashland (NYSE:ASH) climbed today, reaching and then surpassing its previous 52-wee...
