The yen extended previous session's downtrend against the Canadian dollar in early European deals on Thursday.
The yen fell to an 8-day low of 94.64 against the loonie around 3:10 am ET, down significantly from yesterday's close of 93.80. On the downside, the yen may find support around the 95.30 level.
Melrose (MRO.L) announced it has signed an agreement for the sale of its wholly owned generators and electric motors business, Marelli Motori, to a company wholly owned by funds managed by the Carlyle Group. The total consideration of 212.0 million euros is payable in cash on completion. Melrose currently...
Canadian stocks settled sharply lower Wednesday, tracking declining global equity markets after the U.S. Federal Reserve Chairman indicated a possible taper down of the stimulus program this year if the economy continues to improve. Investors weighed the Fed's optimistic outlook for the U.S. economy,...
Stonegate Agricom Ltd. (ST.TO) Wednesday filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada, except Québec, in connection with a "best efforts" marketed offering to raise minimum gross proceeds of C$10 million with a syndicate of agents...
Toronto-Dominion Bank (TD) (TD.TO) announced Wednesday that the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions Canada have approved the company's previously announced normal course issuer bid.
As announced, the company intends to repurchase up to 12 million...
EmberClear Corp. (EMB.V) announced that at its annual meeting of shareholders held on June 10, 2013 each of the six nominees proposed as directors and listed in its management information circular dated May 9, 2013 were elected as directors of EmberClear Corp. to serve until the next annual meeting of...
Fortress Paper Ltd. (FTP.TO) announced that it has appointed Axel Wappler as Chief Executive Officer of its security paper products business, effective July 1, 2013.
Wappler has over 25 years of international experience in the paper and manufacturing industries, with leadership roles in operations,...
U.S. Defense Secretary Chuck Hagel held talks with visiting Canadian Defense Minister Peter MacKay on Tuesday, marking their second meeting at the Pentagon since Hagel took office earlier this spring.
According to Pentagon Press Secretary George Little, Hagel and MacKay discussed global security...
RTI International Metals, Inc. (RTI), a producer of titanium mill products, Wednesday said that its unit RTI Claro, Inc., entered into a long-term contract, a replacement for the recently expired supply arrangement, with Bombardier Aerospace (BBD_A.TO, BBD_B.TO), to supply precision machined components...
Valeant Pharmaceuticals International Inc. (VRX, VRX.TO) Tuesday priced its previously announced public offering of common shares, stating that pursuant to the offering, it will issue about 23.53 million common shares at a price of $85.00 per share, for aggregate gross proceeds of about $2.0 billion.
Closing...
Canadian stocks settled higher Tuesday, tracking rising global equity markets, ahead of the U.S. Federal Reserve Open Market Committee meeting outcome led by financial and energy stocks. Investors also weighed some promising U.S. macroeconomic data with optimism the Federal Reserve will leave its quantitative...
G8 leaders have signed a declaration committing themselves to "fight the scourge of tax evasion" and stressed the need to press for a political solution via convening a Geneva II conference as soon as possible.
Addressing the media at the end of the two-day summit in Lough Erne, Northern Ireland,...
Helix BioPharma Corp. (HBP.TO) Tuesday said third-quarter loss narrowed to C$2.22 million from C$2.87 million in the comparable quarter last year.
Research and development expenses decreased to C$1.30 million from C$2.14 million last year.
Gildan Activewear Inc. (GIL, GIL.TO) announced Tuesday that it has signed a definitive agreement to acquire substantially all of the assets of New Buffalo Shirt Factory Inc. and its operating affiliate in Honduras, for about US$7 million. The closing of the transaction is expected to take place imminently.
New...
Canadian Aerospace and rail company Bombardier, Inc. (BBD_A.TO, BBD_B.TO) said its Berlin, Germany - based rail technology division Bombardier Transportation signed a frame agreement with Deutsche Bahn AG for delivery of upto 450 locomotives. The deal is worth 1.5 billion euros or $2 billion.