RBC CAPITAL MARKETS

AP

RIM Shares Nosedive After Analyst Downgrades

Shares in Waterloo, Ont.-based Research in Motion fell more than six per cent Monday after an analyst scaled back his estimate for company earnings. RBC Capital Markets’ Mike Abramsky cut his per shar...
AP

Looming US Spending Cuts Will Hurt Canadian Growth: Economists

MONTREAL - Canada likely faces slower economic growth even if the United States manages to avoid default on its debt or a credit rating downgrade, economists said Wednesday.The U.S. government's need to cut spending by between US$2 trillion and US$4 trillion over a decade would delay its recovery and drag down Canada's rebound because the two economies are so closely linked.