Tuesday, August 18, 2009

SLS eNews - 08-18-2009 World markets recover poise after selloff

BNS shares closed at $43.67
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- World markets recover poise after selloff
- Scotiabank jumps into home, auto insurance fray
- As evidence of growth spreads, so does fear about second dip in recession
- Desjardins Group announces surplus earnings of $338mn for Q2
- Stronger CIBC can afford growth: analysts
- CIT Group wraps debt purchase, dodges bankruptcy
- Money market funds lose favour as investors buy for the long term
- With credit tight, Fed extends consumer loan plan
- Brace for commercial foreclosures: report
- Brazil seeks more control of oil beneath its seas
- IBM bets on Brazilian innovation
- US banker found guilty of fraud
- Man accused over America's biggest credit card identity fraud
- Fortune smiles on RIM's growth
- Many students say cash won't last past Christmas - RBC poll

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