Loblaw, Canada's biggest food retailer raised about Can$400 million for its real estate investment trust in an initial public offering.
North America
Dell Shareholders Seeking Plan B
Dell's share values fell 3% as investors become more skeptical as to the financing of the Dell-Silver Lake offer.
Amarc Can Increase Controlling Interest in JV, Says JV Amendment
Accoriding to an ammendment, Amarc can increase controlling interest in the joint venture. An amendment to the ZNT and Galaxie joint venture was announced by Amarc Resources Ltd.
No Sweetening of Deal, Michael Dell Says
Dell and Silver Lake proclaimed that they would not budge from their original offer price of $13.65 a share offer because this figure is already fair and reasonable.
RBC Global Asset Management Inc. Funds Increase in June
RBC Global Asset Management Inc.'s sales of funds increase in June. RBC Global Asset Management Inc. announced on Friday that June net sales were Can$318 million, comprising of Can$268 million for long-term funds and Can$50 million for money market funds.
Latest News
A group of wheat growing states joined the US Justice Department antitrust division in investigating a proposed joint venture by ConAgra Foods Inc and Horizon Milling.
On Friday, Vivus Inc said that three of the nine people were recommended to the company’s board of directors by First Manhattan Co’s proxy advisory firm, ISS.
CleanTech will be changing its name to EQCO2 to better reflect its objectives and operations. CleanTech Transit, Inc. announced that it would change its name to EQCO2, Inc.
Higher US bond yields were good news for investors. According to Mike Howell of CrossBorder Capital's managing director, "A steepening yield curve in almost every occasion is a response to improved economic times.
Joe Galasso was named as the new Director of Sales at Alkame(TM) Water. Joe Galasso was named as the new Director of Sales at Alkame(TM) Water, which is a subsidiary of Pinnacle Enterprise Inc.
HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.
Apollo Global Management announced that they have completed the first stage for their capital rising
Colin Benner, founding board member of Dalradian, resigned from the company's board on Thursday.
Canada's banks are striving to make Toronto a yuan currency trading hub, which would a first in North America.
