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Shaw Communications Inc (SJR_B.TO, SJR) said Tuesday it has closed its acquisition of ViaWest Inc from Oak Hill Capital Partners and other shareholders for an enterprise value of $1.2 billion. "The ViaWest acquisition provides Shaw a growth platform in the attractive North American data centre sector...

Canadian stocks ended slightly lower Tuesday, due mainly to a sharp decline in gold and crude oil prices even as concerns over escalating tensions between Ukraine and Russia persisted with reports of intense fighting from the troubled region. Nonetheless, the losses were limited on some upbeat economic...

Lightstream Resources Ltd (LTS.TO) Tuesday agreeed with Crescent Point Energy Ltd to sell the remaining assets in its southeast Saskatchewan Conventional business unit for proceeds of $378.4 million. Upon the successful closing of the transaction, the company's liquidity will increase to over $600...

Canadian stocks are lower Tuesday afternoon, with falling commodity prices triggering some strong selling in energy and mining sections. A report showing a weak reading on Chinese manufacturing activity in August is also weighing on the market. However, some upbeat economic data from the U.S., including...

Canadian stocks are likely to open slightly higher, tracking positive European markets amid hopes the European Central Bank will announce some monetary easing later this week. However, falling bullion and crude oil prices could drag down gold and energy stocks. Geopolitical tensions may keep investors...

Stillwater Mining Co. (SWC, SWC_U.TO) said that Stillwater Canada Inc will scale back activities associated with the Marathon PGM-copper project. The permitting process for the Marathon PGM-copper project was suspended previously. Limited exploration activities will continue for the current field season...

Pembina Pipeline Corp.(PBA, PPL.TO) said Tuesday that it has reached agreements to acquire the Vantage pipeline system and Mistral Midstream Inc.'s interest in the Saskatchewan Ethane Extraction Plant or "SEEP" for total consideration of $650 million from certain entities affiliated with Riverstone...

The United Kingdom is hosting the NATO Summit of Heads of State and Government at the Celtic Manor Resort in Newport, Wales, on 4-5 September. NATO Secretary General Anders Fogh Rasmussen will chair the meetings. The Summit will formally open with a meeting on Afghanistan. The Allied Heads of State...

Sunshine Oilsands Ltd. (SUO.TO) late Monday announced that the Board of Directors has accepted the resignation of David Sealock as Interim President and CEO, effective immediately. As Executive Chairman of Sunshine, Michael Hibberd has assumed direct responsibility for all CEO tasks and functions. The...

Ballard Power Systems (BLDP,BLD.TO) announced the appointment of Randall MacEwen to replace John Sheridan as President and Chief Executive Officer, effective October 6, 2014. John Sheridan planned to retire at yearend and will continue to serve as an employee in an advisory capacity and on the Board...

The Japanese yen declined against the other major currencies on Monday, as traders await key events scheduled for this week such as rate decisions from the major central banks and U.S. jobs data. All eyes are on the European Central Bank meeting on Thursday, which is expected to provide more cues...

The Australian dollar strengthened against the other major currencies in the Asian session on Monday amid gain in regional shares, with focus on upcoming central bank meeting. The benchmark S&P/ASX 200 Index is currently up 13.40 points or 0.24 percent at 5,639 and the broader All Ordinaries index...

Canadian coffee and dough-nut chain Tim Hortons, Inc.(THI, THI.TO) will have to pay C$345 million as termination fee to Burger King Worldwide, Inc. (BKW), if the former backs out from the $11 billion merger deal, stated a Burger King regulatory filing. Meanwhile, as per the filing, Burger King has...

Canadian stocks ended higher Friday, after data showed the Canadian economy to have grown better than expected with investors tracking strength in U.S. and European markets, even as tensions escalated between Ukraine and Russia. In some upbeat economic news, the Canadian grew 3.1 percent over year...

Canadian stocks rebounded to trade higher Friday morning, with investors tracking some upbeat economic data from Canada and the U.S., while monitoring developments in the conflict between Ukraine and Russia. The S&P/TSX Composite Index moved higher after some upbeat data showed the Canadian economy...