|
at 17:48 on March 19, 2010, EDT.
NEW YORK - Activist shareholder Carl Icahn raised the stakes in his year-long dispute with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the movie studio following disagreements over its spending.
|
|
at 17:23 on March 19, 2010, EDT.
MONTREAL - AbitibiBowater is inching closer towards an exit from creditor protection after some union workers in Quebec approved concession-filled tentative agreements and the newsprint giant moved to sell a B.C. wood and paper mill.
|
|
at 17:05 on March 19, 2010, EDT.
TORONTO - Commodity stocks led the way to a sharply lower session on the Toronto stock market Friday after uncertainty over the Greek financial crisis pushed the U.S. dollar higher, which in turn helped drive down prices for oil and metals.
|
|
at 16:55 on March 19, 2010, EDT.
TORONTO - Barrick Gold Corp. (TSX:ABX) expects that an initial public offering for a quarter stake in its African properties will reap US$834 million in cash for the global mining giant.
|
|
at 16:50 on March 19, 2010, EDT.
CALGARY - With the Canadian dollar's recent rise toward parity, and oil trudging higher over the last few months, the days of pricey gasoline might seem to be once again close at hand.
|
|
at 16:16 on March 19, 2010, EDT.
OTTAWA - Consumer prices and retail sales jumped higher than expected according to data released Friday, setting the stage for a second strong economic quarter - and the prospect of higher interest rates.
|
|
at 15:19 on March 19, 2010, EDT.
BRANTFORD, Ont. - Liquidation World Inc. (TSX:LQW) says it has closed $2 million in private-placement financing with two investment firms run by its own board members.
|
|
at 14:53 on March 19, 2010, EDT.
MONTREAL - Insolvent newsprint giant AbitibiBowater is unloading more assets as it seeks a Quebec court's permission to sell its largely idled Mackenzie, B.C., wood and paper mills to a subsidiary of privately-held Conifex Inc. for an undisclosed price.
|
|
at 14:52 on March 19, 2010, EDT.
CALGARY - Circa Enterprises Inc. said Friday it shrunk its fourth-quarter loss to $200,000 from a year-earlier loss of $1.6 million despite lower revenues.
|
|
at 14:51 on March 19, 2010, EDT.
NEW YORK - Boeing Co. (NYSE:BA) will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
|