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The share price indicator for Macquarie Group is seen in red on the Australian Stock Exchange (ASX) board in central Sydney February 9, 2010. REUTERS/Daniel Munoz

Late day gain in financial, gold stocks takes stock markets higher

The Canadian Press - Thu Mar 11, 4:58 PM

TORONTO - The Toronto stock market closed slightly higher Thursday thanks to a late-day gain in financial and gold stocks that sent the S&P/TSX composite index up 18.64 points to 11,979.7.

  • UBS says US tax service has info on cross-border activities of 20 Swiss banks The Canadian Press - 37 minutes ago

    GENEVA - UBS AG says the U.S. Internal Revenue Service has collected information on the cross-border activities of about 20 Swiss banks in the course of its amnesty program for American tax evaders.

  • File picture shows the Lehman Brothers headquarters in New York in 2008. A court-appointed expert has blamed the collapse of investment bank Lehman Brothers on its top management as well as audit firm Ernst & Young and banks Citigroup and JPMorgan Chase. Photo:Nicholas Roberts/AFP
    Lehman failure 'fault of managers, banks, auditors' AFP - 55 minutes ago

    NEW YORK (AFP) - A court-appointed expert has blamed the collapse of investment bank Lehman Brothers on its top management as well as audit firm Ernst & Young and banks Citigroup and JPMorgan Chase.

  • Emerging markets are driving unexpectedly strong growth of world oil demand this year with a big boost from China, despite a fall in advanced economies, the International Energy Agency said on Friday. Photo:Norbert Millauer/AFP
    Chinese oil demand leaps: energy agency AFP - 1 hour, 1 minute ago

    PARIS (AFP) - Emerging markets are driving unexpectedly strong growth of world oil demand this year with a big boost from China, despite a fall in advanced economies, the International Energy Agency said on Friday.

  • Yara exits Terra battle, shares rise Reuters - 1 hour, 25 minutes ago

    OSLO (Reuters) - Norway's Yara International ASA shied away from raising its offer for Terra Industries Inc to top a rival bid, boosting its shares but scuppering its U.S. expansion plans.

  • Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange March 12, 2010. REUTERS/Remote/Pawel Kopczynski (GERMANY - Tags: BUSINESS)
    Stocks hit 7 week highs, yen pressured Reuters - 1 hour, 27 minutes ago

    LONDON (Reuters) - Global stocks rose to seven week highs on Friday led by bank shares after talks on U.S. banking reform collapsed, while speculation the Bank of Japan may soon ease monetary policy weighed on the yen.


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