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The Canadian stock market is rising Monday morning, as it attempts to recover from Friday's modest decline. The market is rising on several positive global economic reports and the solid performance of the U.S. markets. China's central bank announced its decision to lower its key rates on Saturday....

The Canadian dollar declined against its most major rivals in early New York deals on Monday, as oil prices continued to fall amid a higher dollar, and on concerns over demand growth. Crude for April delivery fell $0.72 to $49.04 per barrel. The loonie fell to a 4-day low of 1.4055 against the...

Saputo Inc. (SAP.TO) announced that its Australian subsidiary, Warrnambool Cheese and Butter Factory Company Holdings Limited, or WCB, has entered into an agreement to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks Pty Ltd based in Victoria, Australia. The purchase price of...

Medical device maker Boston Scientific Corp. (BSX) said Monday that it has agreed to acquire Endo International plc's (ENDP, ENL.TO) American Medical Systems or AMS urology portfolio for up to $1.65 billion, with $1.6 billion in cash payable at closing and a potential additional milestone of $50 million...

Boston Scientific Corp. (BSX) announced it has entered into a definitive agreement with Endo International plc (ENDP, ENL.TO) to acquire the American Medical Systems urology portfolio, which includes the Men's Health and Prostate Health businesses, for $1.6 billion in up-front cash and a potential additional...

The Australian dollar came off from its early lows against the U.S. and Canadian dollars in Europe on Monday. The aussie was trading at 0.7792 against greenback and 0.9741 against the loonie, up from early 6-day low of 0.7755 and near a 2-week low of 0.9705, respectively. The aussie may possibly...

Oncolytics Biotech Inc. (ONCY, ONC.TO) said Monday that the U.S. Food and Drug Administration or FDA has granted Orphan Drug Designation for its lead product candidate, REOLYSIN, for the treatment of cancer of the fallopian tube. The designation was granted on the basis of the Company's December 2014...

The euro gained ground against its major opponents on Monday's European deals, after data showed that Eurozone jobless rate in January declined to the lowest since April 2012, and fall in consumer prices were less forecast in February, ahead of the European Central Bank's meeting this week. Flash...

Mitel Networks Corp. (MITL, MNW.TO) and Mavenir Systems (MVNR) announced a merger agreement in which Mitel will acquire all of the outstanding shares of Mavenir common stock in a cash and stock deal valued at approximately $560 million. Get ahead of the market. For in-depth analysis not...

The Australian dollar weakened against the other major currencies in the Asian session on Monday, as traders speculate that the Reserve Bank of Australia may cut the official cash rate again at its meeting tomorrow. The central bank is widely expected to follow up on its 25 basis point cut it announced...

The Australian dollar weakened against the other major currencies in the Asian session on Monday. The Australian dollar fell to a 6-day low of 0.776 against the U.S. dollar and nearly a 2-week low of 0.9716 against the Canadian dollar, from Friday's closing quotes of 0.7818 and 0.9771, respectively....

The Canadian dollar strengthened against the yen and the Australian dollar in the Asian session on Monday. Against the yen and the Australian dollar, the loonie rose to a 5-day high of 95.86 and nearly a 2-week high of 0.9720 from Friday's closing quotes of 95.68 and 0.9771, respectively. If...

The U.S. dollar strengthened against the other major currencies in the Asian session on Monday. The U.S. dollar rose to 0.9552 against the Swiss franc for the first time since January 15. At Friday's close, the greenback was trading at 0.9477 against the franc. The greenback, which ended Friday's...

Canadian stocks snapped a two-day gain to end a tad lower on Friday, on some soft economic data from the U.S. However, the loss was limited with rising commodity prices providing a boost to the mining, gold and energy sectors. Most European markets ended positively at the end of the trading week....

Intrexon Corp (XON), a company focused on synthetic biology, on Friday said it agreed to buy Canada-based Okanagan Specialty Fruits. Intrexon said that pursuant to the definitive agreement, Okanagan's stockholders will receive $31 million in Intrexon common stock and $10 million in upfront cash....

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