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Onex Corp sees acquisition opportunities in Europe
Reuters* Deal flow slow so far this year * Falls to loss on investments, higher costs * Stock down 1.8 pct By Cameron French TORONTO, May 10 (Reuters) - Onex Corp, one of Canada's biggest private equity firms, fell to a net loss in the first quarter, but...Tags: Sales, Mergers, Acquisitions and Takeovers, Celestica Incorporated, Toronto Stock Exchange, Toronto (Canada)
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CANADA STOCKS-TSX ends lower as banks, golds offset Canadian Tire jump
ReutersTORONTO, May 9 (Reuters) - Canada's main stock index fell on Thursday as weakness in financial and gold stocks overshadowed a jump in Canadian Tire Corp after the retailer unveiled plans for a real estate investment trust. The Toronto Stock Exchange's S&...Tags: Toronto Stock Exchange, Toronto (Canada), Stock Market, Canadian Tire Corporation Limited
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Left wing set to win in Canada's BC, may reshape energy policy
ReutersBy Jennifer Kwan VICTORIA, British Columbia, May 9 (Reuters) - The left-leaning New Democrats are set to reshape energy policy in Canada's Pacific province of British Columbia if, as expected, they seize power from the Liberals in Tuesday's elections...Tags: Energy Saving, Upstream Oil and Gas Activities, Politics, National Government, Energy Partners Limited
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WRAPUP 1-Telus profit steams ahead, BCE trails on flat revenue
Reuters* Telus profit jumps 13 pct; BCE up less than 7 pct * Telus stock rises after results; BCE dips * Wireless growth helps both companies * Telus results gets Optik TV boost By Alastair Sharp TORONTO, May 9 (Reuters) - Canadian telecoms provider Telus...Tags: National Hockey League, Earnings Forecasts, Television Industry, Satellite and Cable Service, Companies and Corporations
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Canadian Tire plans C$3.5 billion REIT, shares soar
Reuters(Reuters) - Canadian Tire Corp , best-known for its namesake automotive and homeware stores, said it plans to create a C$3.5 billion ($3.5 billion) real estate investment trust through an initial public offering in the fall of 2013. The company, which...Tags: Investments, Manufacturing and Engineering, Thomson Corporation, Loblaw Companies Limited, Property
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CANADA STOCKS-TSX steady as Canadian Tire gains offset weak golds
ReutersTORONTO, May 9 (Reuters) - Canada's main stock index was little changed in early Thursday trade as weakness in gold producers was offset by a jump in Canadian Tire Corp after the retailer unveiled plans to create a C$3.5 billion ($3.49 billion) real...Tags: Toronto Stock Exchange, Toronto (Canada), Stock Market, Canadian Tire Corporation Limited
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Sun Life CEO urges Canada banks, insurers be kept separate
ReutersTORONTO, May 8 (Reuters) - Canada should maintain the strict boundaries that separate its banking and insurance sectors, Sun Life Financial Chief Executive Dean Connor told the company's annual shareholder meeting on Wednesday. Connor, who has moved de-...Tags: Toronto (Canada), Insurance, Corporate Officers
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CANADA STOCKS-TSX ends higher as golds surge on economic data
ReutersTORONTO, May 8 (Reuters) - Canada's main stock index jumped on Wednesday, hitting a one-month high, after strong economic data out of China and Germany buoyed hopes for a global economic recovery and boosted shares of gold producers. The Toronto Stock...Tags: Toronto Stock Exchange, Toronto (Canada), Stock Market
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Sun Life Financial profit falls 25 pct on markets
ReutersTORONTO, May 8 (Reuters) - Sun Life Financial said on Wednesday its first-quarter profit fell 25 percent, as Canada's No. 3 insurer was hurt by less favorable markets than in the year-before period. The Toronto-based company earned C$513 million ($511.54...Tags: Toronto (Canada), Finance, Bonds, Economy, Business and Finance
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Intact Financial shares slide as results miss estimates
Reuters* Profit misses estimates, shares down 2 pct * Higher claims offsets premium growth * Insurer to buy back up to 5 pct of shares * Sees no material margin impact from Ontario rate plan By Cameron French TORONTO, May 8 (Reuters) - Intact Financial Corp...Tags: Mergers, Acquisitions and Takeovers, ING Group, Quarterly or Semiannual Financial Statements, Earnings Forecasts, Toronto (Canada)
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PRESS DIGEST-Canada-May 8
ReutersMay 8 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * Declaring that "American democracy has been hacked," former U.S....Tags: Upstream Oil and Gas Activities, Politics, National Government, Government, Al Gore
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CANADA STOCKS-TSX rises with resources after positive data boosts
ReutersTORONTO, May 8 (Reuters) - Canada's main stock index opened higher on Wednesday, led by shares of gold and energy companies, as positive data out of China and Germany lifted hopes for a strong global economic recovery. The Toronto Stock Exchange's S&P/TSX...Tags: Toronto Stock Exchange, Toronto (Canada), Stock Market
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Original site for Canada topic gallery.
