Survival of the biggest

Article Abstract:

Desjardins Group will become the sixth largest financial services firm in Canada if it goes ahead with plans to acquire Montreal-based Laurentian Group Corp. Many large financial institutions in Canada have acquired smaller firms that are having financial troubles due to the recession.

Mergers, acquisitions and divestments, Credit unions, Bank holding companies, Desjardins Group, Laurentian Group Corp.

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The bears of summer: a healthy report rocks the stock market

Article Abstract:

The stock market plunged in Jul 1995, in reaction to an earnings report from IBM and Federal Reserve Board Chmn Alan Greenspan's pronouncement that the US economy is relatively healthy. Stock analysts are divided over whether this is the beginning of a bear market or just a correction.

Analysis, Stock-exchange, Stock exchanges, Statistics, Inflation (Finance), Interest rates, United States. Federal Reserve Board, Stock price indexes, Inflation (Economics)

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A gathering storm; edgy markets reflect growing global concern about prospects for renewed economic growth

Article Abstract:

Global concern about the recession continues in 1992. The International Monetary Fund may implement policies aimed at reducing short-term interest rates and increasing global money supply. Governments need to stimulate the economy by creating jobs.

Economic aspects, International aspects, Recessions

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