http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usSat, 21 Nov 2009 13:40:02 GMTAgricultural nutrients maker Agrium Inc., which has launched a hostile takeover bid for fertilizer maker CF Industries Holdings Inc., said Thursday that CF's stockholders tendered 62% of their shares into its offer. The offer, which was to expire on Wednesday, has been extended to December 18. Meanwhile, CF said separately that it does not believe that the tender results reflect stockholder support for the terms of Agrium's offer.http://www.rttnews.com/ArticleView.aspx?Id=1135225Thu, 19 Nov 2009 13:19:15 GMTBroad-line retailer Sears Holdings Corp. reported Thursday a narrower net loss in its third quarter, on an attributable basis, mainly reflecting growth in Kmart's comparable store sales. On an adjusted basis, the company reported a narrower-than-expected loss, and top line, despite a decline, beat market projections. Further, the company said it expects to record an additional charge in the fourth quarter, related to planned store closures.http://www.rttnews.com/ArticleView.aspx?Id=1135163Thu, 19 Nov 2009 12:53:15 GMTToronto stocks have moved slightly lower on Wednesday, backing off multi-month highs. Gold prices backed off their record levels, while a downgrade for Research in Motion (RIM.TO) has also dragged the Bay Street market lower. The S&P/TSX Composite Index has slipped 16.25 points or 0.13% to 11,614.04.http://www.rttnews.com/ArticleView.aspx?Id=1134150Wed, 18 Nov 2009 19:23:28 GMTToronto stocks have moved slightly lower on Wednesday, backing off multi-month highs. Gold prices backed off their record levels, while a downgrade for Research in Motion (RIM.TO) has also dragged the Bay Street market lower. The S&P/TSX Composite Index has slipped 16.25 points or 0.13% to 11,614.04.http://www.rttnews.com/ArticleView.aspx?Id=1134150Wed, 18 Nov 2009 19:23:28 GMTFood retailer Metro Inc. (MRU-A.TO) reported Wednesday an increase in fourth-quarter profit, helped by a 2.3% growth in sales. The company also announced today the creation of dunnhumby Canada, an exclusive joint venture with international consulting and marketing service organization, dunnhumby.http://www.rttnews.com/ArticleView.aspx?Id=1133779Wed, 18 Nov 2009 13:24:35 GMTIn early European deals on Wednesday, the Canadian dollar recouped its Asian session's loss against the currencies of U.S. and Japan as oil rose toward $80 per barrel today.http://www.rttnews.com/ArticleView.aspx?Id=1133387Wed, 18 Nov 2009 09:36:27 GMTLoblaw Co., Tuesday said its third quarter profit increased over 20% from a year ago, benefited by cost containment activities and supply chain efficiencies. Declines in inflation and ramp-up of pricing investments, however, brought about declines in quarterly sales. Canada's biggest food chain also warned that decreasing inflation and competition coupled with its future renovation and infrastructure program will continue to challenge its sales and margins.http://www.rttnews.com/ArticleView.aspx?Id=1132507Tue, 17 Nov 2009 15:24:27 GMTIn early deals on Tuesday, the Canadian dollar plummeted to multi-day lows against its U.S., European and Japanese counterparts as oil prices hovered below $79 a barrel today as traders took profit ahead of the release of key U.S. indicators and a weekly fuel inventories report.http://www.rttnews.com/ArticleView.aspx?Id=1131810Tue, 17 Nov 2009 08:47:29 GMTBiorem Inc. (BRM.V), a supplier of air pollution control systems, reported a profit for the third quarter that more than tripled from last year, aided by a 20% increase in revenues. On a per share basis, earnings quadrupled from the year-ago period.http://www.rttnews.com/ArticleView.aspx?Id=1130470Mon, 16 Nov 2009 12:38:35 GMTIn early deals on Monday, the Canadian dollar soared to a 4-day high against the U.S. currency as oil prices rose above $77 a barrel in Asia today. Meanwhile, the loonie recovered from multi-day lows against the euro, the yen and the aussie.http://www.rttnews.com/ArticleView.aspx?Id=1130003Mon, 16 Nov 2009 06:35:18 GMTGreen Mountain Coffee Roasters Inc. (GMCR) Friday said it acquired Canadian coffee maker, Timothy's Coffees of the World, Inc. from an affiliate of Sun Capital Partners, Inc. for about $157 million in cash. Green Mountain anticipates the acquisition to be accretive to earnings in fiscal year 2010 and has also revised its first quarter and full year estimates to reflect the change.http://www.rttnews.com/ArticleView.aspx?Id=1129317Fri, 13 Nov 2009 16:01:58 GMTInternet gaming software developer CryptoLogic Ltd. (CRYP, CRY.TO, CXY.TO,CRP.L) reported Friday a narrower loss for the third quarter, helped mainly by its cost reduction efforts, despite a decline in revenues on sluggish wagering activity. The Dublin, Ireland-based company also said it expects to record a loss in the fourth quarter, including a significant impairment charge, while it continues to expect a steady rise in branded game revenue.http://www.rttnews.com/ArticleView.aspx?Id=1128716Fri, 13 Nov 2009 07:55:31 GMTIn early deals on Friday, the Canadian dollar strengthened against its U.S., European and Japanese counterparts despite a slide in oil price.http://www.rttnews.com/ArticleView.aspx?Id=1128681Fri, 13 Nov 2009 07:14:58 GMTCanada-based gold and silver explorer Gammon Gold Inc. (GRS, GAM.TO) on Thursday reported a net loss for the third quarter that widened from last year, hurt by a severance and stock-based compensation charge as well as foreign exchange losses that offset lower production costs. Looking ahead, the company said it expects the fourth quarter to be the first full quarter where it can fully benefit from the Ocampo mine capital expansionary program. http://www.rttnews.com/ArticleView.aspx?Id=1127609Thu, 12 Nov 2009 14:21:24 GMTCanadian telecom company BCE, Inc. reported Thursday that profit for the third quarter surged from last year, driven by financial discipline and efficiency initiatives across its business as well as a marginal revenue growth. The company also posted record wireless postpaid net activations and industry-leading TV net activations. The company also expects fiscal 2009 adjusted earnings at the high end of the prior guidance range, and revenue growth at low end of earlier range.http://www.rttnews.com/ArticleView.aspx?Id=1127567Thu, 12 Nov 2009 13:56:09 GMTCanadian oil and natural gas company EnCana Corp reported Thursday a sharp fall in profit for the third quarter, reflecting unrealized mark-to-market accounting loss, lower natural gas prices, as well as the absence of prior year's huge mark-to-market gain. Operating earnings for the quarter fell 46%, and missed market projections. Further, the company said its plan to split EnCana into two independent companies is on track, and also updated its fiscal 2009 forecast and issued fiscal 2010 view.http://www.rttnews.com/ArticleView.aspx?Id=1127408Thu, 12 Nov 2009 12:49:58 GMTChina-based commercial forest plantation operator Sino-Forest Corp. (TRE.TO) Thursday reported a sharp rise in third-quarter profit, helped mainly by a 25% increase in revenues. http://www.rttnews.com/ArticleView.aspx?Id=1127101Thu, 12 Nov 2009 10:49:09 GMTCanada-based waste management companies IESI-BFC Ltd. and Waste Services, Inc. said Wednesday that they have agreed to merge, creating North America's third-largest solid waste management company. The merged entity will be headquartered in Toronto and will trade under the symbol "BIN" on the New York as well as Toronto stock exchanges.http://www.rttnews.com/ArticleView.aspx?Id=1125929Wed, 11 Nov 2009 13:11:03 GMTBiopharmaceutical company AEterna Zentaris, Inc. reported Wednesday a narrower loss for the third quarter of fiscal 2009, driven by lower comparative research and development and other costs despite a drop in quarterly revenues. Loss per share for the quarter narrowed, and came in narrower than analysts' expectations by two cents.http://www.rttnews.com/ArticleView.aspx?Id=1125796Wed, 11 Nov 2009 12:20:45 GMTBiopharmaceutical company AEterna Zentaris, Inc. reported Wednesday a narrower loss for the third quarter of fiscal 2009, driven by lower comparative research and development and other costs despite a drop in quarterly revenues. Loss per share for the quarter narrowed, and came in narrower than analysts' expectations by two cents.http://www.rttnews.com/ArticleView.aspx?Id=1125796Wed, 11 Nov 2009 12:20:45 GMTHSBC Bank Canada (HSB-PC.TO), a subsidiary of HSBC Holdings Plc (HBC, HSBA.L), reported Wednesday a decline in third-quarter profit, reflecting primarily a reduction in net interest margin. Looking ahead, the company said economic outlook in Canada remains uncertain, while it sees positive signs of the recession nearing an end.http://www.rttnews.com/ArticleView.aspx?Id=1125748Wed, 11 Nov 2009 12:05:59 GMTCanadian property and casualty insurance provider Intact Financial Corp. reported Wednesday a loss in its third quarter, compared to prior year's profit, reflecting lower underwriting results mainly due to the impact of unusual number of summer storms on property results. Net operating income for the quarter fell 79.7% from last year. The company also said its Board of Directors declared a quarterly dividend.http://www.rttnews.com/ArticleView.aspx?Id=1125718Wed, 11 Nov 2009 11:55:14 GMTOil and natural gas producer Baytex Energy Trust (BTE, BTE-UN.TO), Tuesday reported a plunge in third quarter profit, impacted by sharp declines in petroleum and natural gas sales. Baytex Energy said though there were continuous improvement in world oil prices, the benefits failed to percolate down in full to Canadian producers due to weakening of the U.S. dollar relative to the Canadian dollar.http://www.rttnews.com/ArticleView.aspx?Id=1124590Tue, 10 Nov 2009 16:30:10 GMTCanadian oil and natural gas company Crocotta Energy Inc. (CTA.TO) reported Tuesday a net loss in its third quarter that slipped from prior year's profit, as revenues were hurt by lower oil and gas prices. Meanwhile, production grew 33% in the quarter on the acquisition of Salvo Energy corp.http://www.rttnews.com/ArticleView.aspx?Id=1124020Tue, 10 Nov 2009 11:34:42 GMTCanadian IT and business process services provider CGI Group, Inc. (GIB, GIB.A.TO) reported Monday a 9.7% year-over-year increase in profit for the fourth quarter, as margins improved, despite revenues edging down. Adjusted earnings per share rose 29% and came in above analysts' expectations by three cents.http://www.rttnews.com/ArticleView.aspx?Id=1122193Mon, 09 Nov 2009 11:51:48 GMTOilfield services contractor Ensign Energy Services Inc. (ESI.TO, ESVIF.PK) said Monday that third-quarter profit plunged about 77% from the year-ago period, as revenues for the quarter nearly halved from last year due to oversupply of service equipment in the oilfield services industry resulting from reduced demand.http://www.rttnews.com/ArticleView.aspx?Id=1122162Mon, 09 Nov 2009 11:40:27 GMTPublicly owned asset management holding company Brookfield Asset Management, Inc. (BAM, BAM-A.TO) on Friday reported a decline in profit for the third quarter, as revenues dropped from last year. Nevertheless, net earnings and revenues for the quarter came in above Street estimates. The company's cash flow from operations for the quarter rose from last year, reflecting higher realization gains due to the partial monetization of power-generation facilities.http://www.rttnews.com/ArticleView.aspx?Id=1121004Fri, 06 Nov 2009 14:53:17 GMTPublicly owned asset management holding company Brookfield Asset Management, Inc. (BAM, BAM-A.TO) on Friday reported a decline in profit for the third quarter, as revenues dropped from last year. Nevertheless, net earnings and revenues for the quarter came in above Street estimates. The company's cash flow from operations for the quarter rose from last year, reflecting higher realization gains due to the partial monetization of power-generation facilities.http://www.rttnews.com/ArticleView.aspx?Id=1121004Fri, 06 Nov 2009 14:53:17 GMTKingsway Financial Services Inc. Friday reported a wider loss for the third quarter of fiscal 2009, hurt by lower net premiums earned and a decline in investment income. The property and casualty insurer said that no dividend will be declared for the third quarter and it is on track to return to profitability in 2010.http://www.rttnews.com/ArticleView.aspx?Id=1121000Fri, 06 Nov 2009 14:49:06 GMTCanadian independent energy company Gran Tierra Energy Inc. (GTE, GTE.TO) Friday reported a net loss for the third quarter compared to a profit in the prior year. Results were affected by lower oil prices, a significant increase in operating costs as well as foreign exchanges losses.http://www.rttnews.com/ArticleView.aspx?Id=1120977Fri, 06 Nov 2009 14:23:33 GMT