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Pacific Potash Corp. (PP.V) entered into a non-binding Memorandum of Understanding of strategic investment with Northern International Group, a Chinese conglomerate, under which the latter will subscribe for C$15 million by way of convertible debenture of Pacific Potash. The M.O.U demonstrates and...

Duluth Metals Ltd (DM.TO, DM_.TO) said Friday it has signed the definitive acquisition agreement with a wholly-owned subsidiary of Antofagasta plc pursuant to which Antofagasta has agreed to acquire all of the outstanding common shares of Duluth by way of a plan of arrangement at a price of C$0.45...

Canadian stocks moved up for a sixth straight session to end at a near two-month high on Friday, driven by a surge in resource stocks as commodity prices spiked after a surprise Chinese interest rate cut and hopes of further stimulus from the European Central Bank. The People's Bank of China in an...

Linamar Corp. (LNR.TO) said Friday that it has signed a definitive agreement to buy the remaining 34% of the shares of Seissenschmidt AG, which specializes in high volume hot forgings. Seissenschmidt has 3 primary locations in Germany , Hungary , and the United States . Linamar had previously...

Canadian stocks are set for a sixth straight winning session Friday morning, led by surging metal stocks after a surprise Chinese interest rate cut and hopes of further stimulus from the European Central Bank. Investors are also digesting data showing an unexpected rise in Canadian consumer prices. According...

The Canadian dollar continued to trade in positive territory on Friday, as nation's consumer prices rose more-than-forecast in October, driven by higher prices for shelter and food. Data from Statistics Canada showed that Canada's consumer prices grew 0.1 percent on a monthly basis in October, same...

Canadian stocks look set to open higher Friday, extending gains to a sixth successive session, buoyed by a Chinese interest rate cut and hopes of further stimulus from the European Central Bank. Markets will assess an unexpected rise in Canadian consumer prices. According to Statistics Canada,...

After the release of Canada consumer price index for October at 8:30 am ET Friday, the loonie extended early gain against its major rivals. The loonie was trading at 1.1211 against the greenback, 1.3927 against the euro, 0.7955 against the aussie and 105.21 against the yen around 8:32 am ET.

Canada's consumer price index for October is due at 8:30 am ET Friday. Ahead of the data, the loonie climbed against its major counterparts. The loonie was worth 1.1244 against the greenback, 1.3967 against the euro, 0.9791 against the aussie and 104.78 against the yen as of 8:25 am ET.

The Australian, Canadian and NZ dollars spiked up against their major rivals in European deals on Friday, as the People's Bank of China slashed interest rates to protect slowing economic growth. The PBoC surprised markets by cutting the benchmark 1-year lending rate by 40 basis points to 5.60 percent...

Partners Value Fund Inc. (PVF.V) said it has completed its prior announced substantial issuer bid. According to the offer, 658,884 common shares have been taken up by the company at a price of $30.00 per share. The company said that the payments would be made to tendering shareholders as soon as practicable.

The euro weakened against most major currencies in the European session on Friday amid European Central Bank President Mario Draghi's speech that the firm anchoring of inflation expectations is critical under any circumstances. Speaking at the Frankfurt European Banking Congress, Draghi said that...

The Japanese yen strengthened against the other major currencies in the Asian session on Friday, as comments from nation's Finance Minister Taro Aso triggered buying. Speaking at a regular press conference in Tokyo, Finance Minister Taro Aso said, "Sudden currency changes aren't welcome, whether...

Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO) announced that its Board has authorized a new securities repurchase program. Under the Securities Repurchase Program, which will commence on November 21, 2014, the company may make purchases of up to US$2 billion of its senior notes, common shares...

Canadian stocks ended higher for a fifth day in a row Thursday, after some upbeat data from the U.S. helped record strong gains in the energy and gold sector, pushing the main index above the 15,000-mark to a 7-week high. Markets cheered some positive economic data from the U.S., with a Federal Reserve...