S&P/TSX Venture Composite Index
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"Honey, you know that trip to Paris I promised you for Valentine's Day?" "Uh, yeah." "Well, the good news is we're still going to Paris!" "What's the bad news?" "I lost our entire RRSP on penny mining stocks. So I made a reservation at a bed and breakfast in Paris, Ontario." |
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Never mind the running of the bulls. The latest craze in Spain is the running of the investors. Terrified by ballooning budget deficits and soaring unemployment, investors in Spain (and Portugal and Greece) ran for their lives this week as stock markets plunged and the euro skidded against the U.S. dollar. Getting gored never hurt this much. |
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Airgas
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Multiple choice quiz. Airgas is: a) What you get after eating a large bean burrito; b) A new airline exclusively for politicians; c) One of the largest U.S. producers of industrial gases. Answer: c. Shares of the company were suddenly lighter than helium after rival Air Products and Chemicals made an unsolicited $5.1-billion (U.S.) offer for the company. |
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Funny, a few months ago everyone was talking about gold heading to $2,000 (U.S.) or $3,000 an ounce. How's that working out? With the U.S. dollar surging as investors bail out of the euro, gold is getting kicked in the stomach. If you've been waiting to purchase a set of gold hubcaps or gold teeth, now is your chance. |
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Sure, America has had its problems. But one thing folks could always count on was having a plentiful supply of frozen waffles. No more. With Kellogg's K-N main Eggo plant in Tennessee hit by equipment repairs and another in Georgia closed because of flooding, the company warned that stores could face shortages until the summer, sending the stock into the freezer. |
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