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Canadian News

Raymond Goldie, Senior Mining Analyst, with Salman Partnersplay

Cameco profit plunges on weaker uranium sales

Cameco Corp., one of the world's biggest uranium producers, reported on Wednesday that quarterly profit plunged 93 percent, sparking a drop in its shares as uranium sales fell and prices...

Posted on 5-01-2013 at 2:26 PM
Talisman posts $213M loss as production falls

Talisman posts $213M loss as production falls

Talisman Energy Inc. reported a first-quarter loss as production fell, but the Canadian oil and gas company said it expected significant growth in higher-margin liquids production in the...

Posted on 5-01-2013 at 7:21 AM
T. Boone Pickens, Founder, BP Capitalplay

Obama ‘foolish’ if he rejects Keystone: T.B. Pickens

U.S. President Barack Obama would be "a fool" not to approve TransCanada's Keystone XL pipeline and risks seeing the project shift direction away from the U.S. if he stalls approval of...

Posted on 5-01-2013 at 2:54 PM
Michael Sabia, CEO of Caisse de dépôt et placement du Québec play

Caisse’s Sabia lambastes Barrick exec pay package

Michael Sabia, the head of Quebec's biggest pension fund, says even if Jesus Christ was offered a nearly $12-million US signing bonus to join Barrick Gold's board -- as was the gold...

Posted on 5-01-2013 at 11:36 AM
Manufacturing PMI ekes out slight growth

Manufacturing PMI ekes out slight growth

Canada's manufacturing activity eked out the smallest of expansions in April after shrinking in March but the sector did see an encouraging rise in new orders from abroad, according to...

Posted on 5-01-2013 at 10:25 AM
Jean Coutu misses profit expectations, boosts dividend

Jean Coutu misses profit expectations, boosts dividend

Canadian pharmacy chain Jean Coutu Group Inc.'s fourth-quarter profit missed analysts' expectations as tighter price controls for generic drugs hit revenue.

Posted on 5-01-2013 at 8:13 AM
Ken Perkins, Analyst at Morningstar play

Loblaw plans $7B REIT in July, profit up 40%

Loblaw Cos Ltd., Canada's largest food retailer, said it plans to transfer about $7 billion of property assets to a real estate investment trust  that will be spun off in an initial...

Posted on 5-01-2013 at 7:12 AM
U.S. fund faces uphill task in Tim Hortons battle

U.S. fund faces uphill task in Tim Hortons battle

ANALYSIS: Highfields Capital, a U.S. hedge fund agitating for drastic change at iconic Canadian coffee-and-doughnut chain Tim Hortons Inc., is set for a difficult battle convincing some...

Posted on 5-01-2013 at 10:18 AM

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