Canada

Target U.S. sales beat expectations, loss-making Canada unit faces review

Target Corp (TGT.N) on Wednesday reported its first increase in U.S. same-store sales in four quarters and a quarterly profit above expectations, but said it would review the future of its loss-making Canadian business after the holiday season.

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Blackstone to sell Manhattan skyscraper for about $2.25 billion

Blackstone Group LP has reached a deal to sell a Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge, the Wall Street Journal reported, citing people familiar with the terms of the sale.

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Mitel withdraws its $574 million bid for ShoreTel

Canadian telecom services provider Mitel Networks Corp (MNW.TO) (MITL.O) said on Monday it has withdrawn its bid to buy smaller U.S. peer ShoreTel Inc (SHOR.O), after ShoreTel refused to engage in any talks regarding a potential transaction.

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Sears Holdings explores creation of REIT to raise cash

Struggling retailer Sears Holdings Corp (SHLD.O) said it was exploring the conversion of 200-300 stores to a real estate investment trust (REIT) and offer it to shareholders through a rights offering to raise cash.

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Home Depot says about 53 million email addresses stolen in breach

Home Depot Inc (HD.N), the world's largest home improvement chain, said about 53 million email addresses were stolen during a recent breach of its payment data systems, in addition to some 56 million payment cards previously disclosed by the retailer.

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Mexico could seek hefty damages against U.S. over meat laws: official

Mexico would seek "hundreds of millions" of dollars in trade retaliation against the United States if Washington does not change meat labeling laws, a Mexican official said, as Mexico and Canada kept up pressure on the United States to act.

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Talisman Energy says asset sale plan on track

Talisman Energy Inc, the Canadian oil producer whose shares have fallen more than half in the past year, said on Tuesday it expects to meet its goal of selling $2 billion in assets by mid-2015 despite tumbling oil prices.

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Canada's PSP agrees to buy TDF's French arm for 3.5 billion euros

Canadian pension fund PSP Investments and its partners have agreed to buy the French operations of telecoms masts group TDF in a deal worth about 3.5 billion euros (4.40 billion US dollar), people familiar with the matter said.

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Oil price tumble could accelerate Repsol deal search

Spanish oil firm Repsol (REP.MC) is set to accelerate a $10 billion acquisition drive to take advantage of lower U.S. shale valuations in the face of falling oil prices and eventually fill a gap left by the 2012 seizure of its Argentine business.

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Valeant ready to raise Allergan bid to at least $200/share

Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) on Monday said in a letter to Allergan Inc's (AGN.N) board of directors that it was prepared to raise its offer to at least $200 per share but stopped short of doing so.

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'Ouija' spells out win on U.S., Canada movie charts

"Ouija", a horror film inspired by the board said to contact the dead, haunted the top of movie charts in the United States and Canada, collecting $20 million in weekend ticket sales and knocking Brad Pitt's "Fury" out of first place.

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U.S. risks trade sanctions in WTO meat label dispute

The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on Monday it had failed to bring its meat labeling regulations fully in line with international fair trading rules.

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BlackBerry shares up after unconfirmed report on possible Lenovo bid

BlackBerry (BB.TO) (BBRY.O) shares rose more than 3 percent on Monday after a news website said Chinese computer maker Lenovo Group (0922.HK) might offer to buy the Canadian technology company.

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Brad Pitt's 'Fury' all the rage at U.S., Canada box office

Brad Pitt's gritty World War Two drama "Fury" conquered all box office foes over the weekend, ringing up $23.5 million in ticket sales at theaters in the United States and Canada.

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Chrysler recalls more than 900,000 vehicles globally in two actions

Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires.

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