The Close : January 7, 2010
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- Streetwise [01-07-10 3:35 PM]
- Andrew Willis and Boyd Erman report from the Globe and Mail. They discuss Goldcorp's move to out-manoeuvre one of its rivals in Chile, and other top stories, with Michael Hainsworth.
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- "Breakout Technology Story" [01-07-10 3:45 PM]
- Wireless microwave distributor DragonWave was up about 900 percent in 2009, but is still trading at a discount to its peers. BNN speaks to Joanna Makris, analyst, Brigantine Advisors, who explains that the company is well positioned in a $6 billion global market as wireless networks continue to be upgraded.
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- Deadline Day for Saab Bids [01-07-10 4:05 PM]
- General Motors' deadline to sell its Saab brand is today. As the clock ticks down to the 22:00 GMT deadline, will GM be able to sell the brand, or will it have to wind it down? BNN speaks to David Silver, analyst, Wall Street Strategies.
- Play
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-
- Market Wrap [01-07-10 4:15 PM]
- Is now the time for investors to get out of corporate debt and put their money into equities? For more, BNN speaks to Michael Herring, managing director and investment strategist, BMO Nesbitt Burns.
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- Canada's First Criminal Code Conviction for Insider Trading [01-07-10 4:35 PM]
- The first insider trading conviction under the Canadian Criminal Code was handed down to a former lawyer for his part in a nine-million-dollar scheme. BNN speaks to Kelley McKinnon, partner, Gowlings, who says this case sets an important precedent.
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- Tighter, Sooner? [01-07-10 4:45 PM]
- After China raised the interest rate on its 3-month Treasury bill, there has been increased talk about the possibility of higher interest rates elsewhere. BNN speaks to Levente Mady, market strategist and investment advisor, Union Securities, who says not to expect hikes anytime soon.
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