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  1. Cambridge Trust recruits Rockland Trust exec for CEO spotWed, 04 Mar 2015 07:29:16 GMT
    Cambridge Trust has named a long-time Rockland Trust executive as its new president and CEO, following a busy two-year period in which its net loans and leases grew nearly 50 percent. More...
  2. U.S. oil giants want Congress to lift export ban on crudeWed, 04 Mar 2015 03:14:42 GMT
    "We shouldn't put domestic producers at a competitive disadvantage by limiting the available markets," Ryan Lance, CEO of Texas-based ConocoPhillips, told the U.S. Chamber of Commerce on Tuesday. Scott Sheffield, CEO of Pioneer Natural Resources, also based in Texas, was making the same push Tuesday in front of the House Subcommittee on Energy and Power, arguing the industry's struggles with low oil prices are worsened because companies aren't allowed to ship American crude oil to foreign nations. More...
  3. Most actively traded companies on the TSXTue, 03 Mar 2015 23:10:03 GMT
    Bombardier Inc. . Aerospace and transportation. Down two cents, or 0.82 per cent, to $2.41 on 10.9 million shares. More...
  4. Scotiabank increases profit, eyes China for growthTue, 03 Mar 2015 18:55:29 GMT
    The Bank of Nova Scotia is looking to grow its operations in Mexico, a region that's expected to benefit from the U.S. economic recovery. "Mexico is a market that we're very interested in," Scotiabank chief executive Brian Porter told investors after the company reported its first-quarter earnings Tuesday. More...
  5. HSBC marks muted 150th birthday party with grain of rice sculpturesTue, 03 Mar 2015 15:51:05 GMT
    Celebrations include a light show beneath its Norman Foster-designed Hong Kong headquarters, two giant grain of rice sculptures and the issuing of a commemorative HK$150 note. But it has not advertised the events in mainstream financial or local media in its two "home" markets of Hong Kong and Britain. More...
  6. EagleBank announces stock sale to repay Small Business Lending FundTue, 03 Mar 2015 11:41:27 GMT
    EagleBank's Ron D. Paul is selling 1.9 million shares of common stock to help repay a government program to improve small business lending. Bethesda-based Eagle Bancorp plans to raise more than $70 million in fresh capital by selling up to 1.9 million shares of common stock. More...
  7. Australia central bank leaves interest rates at 2.25%Tue, 03 Mar 2015 07:31:29 GMT
    Australia's central bank left interest rates unchanged at 2.25 percent on Tuesday, but gave a clear signal that further easing was on the cards to help drive down the dollar and spur the economy. The Reserve Bank of Australia last month cut rates for the first time in 18 months, dropping its cash rate by 25 basis points to a historic low of 2.25 percent to help drive growth. More...
  8. U.S. economist Ross wins Deutsche prize for pricing modelsTue, 03 Mar 2015 07:31:28 GMT
    U.S. economist Stephen Ross was named winner of the Deutsche Bank Prize in Financial Economics on Tuesday for helping to create models that have helped markets assess prices for options and other assets for the past three decades. The MIT professor and popular textbook author has developed concepts widely applied in the economics of uncertainty, corporate finance and decision theory. More...
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