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Canada minister unaware of any foreign bid for RIM
Jun 1st, 2012
OTTAWA (Reuters) - Canadian Finance Minister Jim Flaherty said on Thursday he did not know of any request to the federal government to review a possible foreign takeover bid of BlackBerry maker Research In Motion Ltd. Ottawa would have to clear any foreign bid for RIM under its Investment Canada Act, deciding whether it would be of net benefit to Canada. The company, which has hired bankers for a strategic review and to look for partnerships, warned on Tuesday it would likely report a shock fiscal first-quarter operating loss. It also said it plans to slash its workforce. ... (Source: Reuters) -
By Lisa Richwine and Patricia Reaney NEW YORK (Reuters) - Superhero sequel "Iron Man 3" rocketed to the top of U.S. and Canadian box office charts, kicking off Hollywood's summer movie season with $175.3 million in weekend ticket sales for the second-biggest film opening of all time. Combined with international sales, the movie from ... [Full Article]
By Herbert Lash NEW YORK (Reuters) - Global equity markets advanced on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan's economy minister suggested the currency might have weakened enough. Major American and European stock indices are up double digits ... [Full Article]
By Todd Cunningham LOS ANGELES (TheWrap.com) - "Iron Man 3" was soaring past $1 billion at the worldwide box office Thursday, in a display of world domination that would make one of Marvel's super villains proud. The box-office bounty - roughly $700 million from abroad and $300 million domestically - is a major triumph for Disney, wh... [Full Article]
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