http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usWed, 16 May 2012 14:15:02 GMTMulti-channel retailer Sears Canada, Inc. (SCC.TO) reported Wednesday a profit for the first quarter compared to a loss last year, reflecting a significant gain on lease terminations of three stores. Excluding the gain, the company would have reported a wider loss for the quarter.http://www.rttnews.com/story.aspx?Id=1887806Wed, 16 May 2012 13:43:05 GMTMulti-channel retailer Sears Canada Inc. (SCC.TO) reported first-quarter net earnings of C$93.1 million or C$0.91 per share, as against a loss of C$47.0 million or C$0.45 per share last year. The company said the recent quarter's earnings included a gain of C$164.3 million this year representing the pre-tax gain on lease terminations of three stores as announced earlier. http://www.rttnews.com/story.aspx?Id=1887616Wed, 16 May 2012 11:40:45 GMTTurkish Foreign Minister Ahmet Davutoglu has said Macedonia's NATO membership will greatly contribute to regional stability and that NATO's only Muslim member, Turkey will do everything to tackle barriers facing its membership.http://www.rttnews.com/story.aspx?Id=1887283Wed, 16 May 2012 06:11:08 GMTPower Corporation Of Canada (POW.TO) reported that its first-quarter net earnings attributable to participating shareholders rose to C$264 million or C$0.57 per share from C$216 million or C$0.47 per share in the previous-year quarter.http://www.rttnews.com/story.aspx?Id=1886588Tue, 15 May 2012 14:42:11 GMTJapan's Honda Motor has developed a unicycle-like personal mobility device that allows a rider to control direction by shifting weight in a sitting position.http://www.rttnews.com/story.aspx?Id=1886375Tue, 15 May 2012 12:04:23 GMTCameco Corp. (CCJ, CCO.TO), one of the world's largest uranium producer, Monday said it has agreed to acquire nuclear fuel broker Nukem Energy GmbH for 105 million euros, or $136 million.http://www.rttnews.com/story.aspx?Id=1885425Mon, 14 May 2012 16:59:05 GMTGolf Town, Canada-based specialty golf retailer, will acquire GolfSmith International Holdings Inc. (GOLF) for $6.10 per share in cash, the two companies said Monday. The companies noted that the transaction will create the world's largest specialty golf retailer. http://www.rttnews.com/story.aspx?Id=1885231Mon, 14 May 2012 12:58:12 GMTChina on Sunday began construction of an ultra-high voltage power transmission line in what is claimed to be the world's largest capacity power line in the country's far western Xinjiang region.http://www.rttnews.com/story.aspx?Id=1884993Mon, 14 May 2012 10:21:08 GMTIn just another two weeks, Canada based Cipher Pharmaceuticals Inc. will learn the outcome of its New Drug Application for acne medication CIP-Isotretinoin resubmitted to the U.S. regulatory agency.As the FDA decision date nears, it will be interesting to watch how the stock price plays out in the coming days.http://www.rttnews.com/story.aspx?Id=1884872Mon, 14 May 2012 07:59:13 GMTJapan is planning to conclude a deal with the United States next month on the purchase of four F-35 fighter jets, despite cost escalation. http://www.rttnews.com/story.aspx?Id=1884845Mon, 14 May 2012 07:24:37 GMTA plane with 21 people on board crashed on Monday while trying to land at a mountain airstrip in Jomsom, a key trekking hub about 200 kilometers north-west of Nepal's capital Kathmandu. http://www.rttnews.com/story.aspx?Id=1884791Mon, 14 May 2012 06:26:15 GMTThe trial of Anders Behring Breivik, accused of massacring 72 people in Norway, in a court in the Norwegian capital Oslo was disrupted for a few minutes on Friday after a relative of one of those killed threw a shoe at him, reports said. http://www.rttnews.com/story.aspx?Id=1883786Fri, 11 May 2012 13:18:14 GMTThe Canadian dollar jumped against other major currencies on Friday's trading after a report showed that the country added more jobs in April.http://www.rttnews.com/story.aspx?Id=1883780Fri, 11 May 2012 13:12:59 GMTTMX Group Inc.'s (X.TO, TSX_X.TO) first-quarter net income attributable to shareholders decreased to C$56.8 million, or C$0.76 per share from C$63.1 million, or C$0.84 per share last year, largely due to lower revenue from issuer services and cash markets trading, partially offset by higher revenue from derivatives markets trading and clearing as well as higher information services revenue. http://www.rttnews.com/story.aspx?Id=1883612Fri, 11 May 2012 10:12:12 GMTSendai city in Japan's Miyagi prefecture has drawn up a $750-million plan to relocate about 1,700 households in the tsunami-stricken communities to higher ground inland.http://www.rttnews.com/story.aspx?Id=1883531Fri, 11 May 2012 08:27:34 GMTSpecialty retailer Canadian Tire Corp. Ltd. (CTC_A.TO, CTC.TO) on Thursday reported a 22 percent increase in profit for the first quarter. The results reflect strong growth in its financial services division, the inclusion of sporting goods chain FGL Sports and a lower tax rate.http://www.rttnews.com/story.aspx?Id=1882768Thu, 10 May 2012 15:10:01 GMTSpecialty retailer Canadian Tire Corporation Ltd. (CTC_A.TO, CTC.TO) said its first-quarter consolidated net income rose 21.5% to C$71.0 million or C$0.87 per share, from C$58.4 million or C$0.71 per share a year ago.http://www.rttnews.com/story.aspx?Id=1882596Thu, 10 May 2012 12:18:03 GMTSun Life Financial Inc.'s (SLF, SLF.TO) first-quarter reported net income advanced to C$686 million or C$1.15 per share from C$438 million or C$0.73 per share last year. Quarterly net income was benefited from improvements in capital markets and continued growth in the company's in-force business. http://www.rttnews.com/story.aspx?Id=1882535Thu, 10 May 2012 11:43:47 GMTAt least 40 people were killed and more than 150 injured in two powerful explosions that rocked the Syrian capital Damascus on Thursday, state media reported. http://www.rttnews.com/story.aspx?Id=1882487Thu, 10 May 2012 11:19:43 GMTBombardier Inc. (BBD_A.TO, BBD_B.TO) reported Thursday a decline in first-quarter profit as revenues were hurt by lower deliveries. President and Chief Executive Officer Pierre Beaudoin said the revenue decline was expected, "Nevertheless, we were able to contain costs and maintain our profitability." The Canadian Aerospace and transportation company said the order activity remains strong and also announced dividend.http://www.rttnews.com/story.aspx?Id=1882434Thu, 10 May 2012 10:57:33 GMTCanadian transportation company Bombardier Inc. (BBD_A.TO, BBD_B.TO) posted lower first-quarter net income of $190 million, versus the prior-year quarter's $220 million, with net income attributable to equity holders of the company amounting to $185 million in the recent quarter. Quarterly earnings per share slid to $0.10 from $0.12 a year earlier. http://www.rttnews.com/story.aspx?Id=1882394Thu, 10 May 2012 10:11:51 GMTA prominent Japanese astronomer has died in Chile's capital Santiago under mysterious circumstances.http://www.rttnews.com/story.aspx?Id=1882162Thu, 10 May 2012 06:48:13 GMTDenison Mines Corp. (DNN, DML.TO) Wednesday reported first-quarter net loss of $52.0 million or $0.14 per share, compared to $7.1 million or $0.02 per share last year.http://www.rttnews.com/story.aspx?Id=1881808Wed, 09 May 2012 22:33:32 GMTCanadian oil and gas pipelines operator Enbridge Inc. (ENB, ENB.TO) on Wednesday reported a 27 percent decline in profit for the first quarter, reflecting losses tied to the revaluation of financial derivatives related to the company's risk management activities. http://www.rttnews.com/story.aspx?Id=1881339Wed, 09 May 2012 14:00:54 GMTCanadian quick service restaurant chain Tim Hortons Inc. reported Wednesday a higher profit for the first quarter boosted by increased same-store sales in both Canada and the U.S. While the top line also surpassed Wall Street analysts' estimates, earnings missed their view reflecting higher commodity costs.http://www.rttnews.com/story.aspx?Id=1881270Wed, 09 May 2012 12:53:53 GMTMajor General Robert Mood, head of the U.N. observer mission in Syria, escaped unhurt from an explosion that wounded six Syrian soldiers as they escorted a convoy of U.N. officials in the restive Syrian town of Dera'a on Wednesday, media reports said.http://www.rttnews.com/story.aspx?Id=1881218Wed, 09 May 2012 12:08:29 GMTQuick service restaurant chain Tim Hortons Inc. (THI, THI.TO) posted higher first-quarter net income attributable to the company of C$88.8 million or C$0.56 per share, compared with C$80.7 million or C$0.48 per share last year. Higher operating income and a lower effective tax rate contributed most to the increase, partially offset by higher net interest expense. On average, 13 analysts polled by Thomson Reuters expected earnings per share of C$0.58 for the quarter. Analysts' estimates typically exclude one-time items.http://www.rttnews.com/story.aspx?Id=1881181Wed, 09 May 2012 11:40:27 GMTA nuclear inspector from the International Atomic Energy Agency (IAEA) was killed and his colleague injured when the car they were traveling in overturned near a nuclear reactor being built in the Iranian city of Arak, about 250 kilometers from capital Tehran on Tuesday, Iran's state media reported. http://www.rttnews.com/story.aspx?Id=1881043Wed, 09 May 2012 09:53:48 GMTThe Canadian dollar edged lower on Tuesday as the price of crude oil slipped back near a five-month low as traders fret over demand growth amid uncertainty in the euro zone financial situation.http://www.rttnews.com/story.aspx?Id=1879894Tue, 08 May 2012 11:57:07 GMTThe Interpol on Tuesday issued an international 'Red Notice' for the arrest of Iraq's fugitive Vice-President Tareq al-Hashemi following a request from the Iraqi government which has charged him with terrorism and running death squads that targeted government officials, security forces and Shiite pilgrims.http://www.rttnews.com/story.aspx?Id=1879764Tue, 08 May 2012 10:23:57 GMT