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By Judy McKinnon Sep 18, 2015 9:36 am ET Gluskin Sheff + Associates Inc. declared a special dividend of 5 Canadian cents a share and raised its regular quarterly payout by 11%. National Bankid the special dividend level was well below its forecast of 21 Canadian cents a share. The wealth-management firm also posted a […]
By Judy McKinnon Sep 21, 2015 9:40 am ET Suncor Energy said it will buy another 10% stake in the Fort hills oil-sands project from Total’s Canadian unit for C$310 million. The Calgary, Alberta-based oil and gas company’s stake in the project will climb to 50.8% following the purchase, while Total will own 29.2% and […]
By Judy McKinnon Sep 22, 2015 9:34 am ET AltaGas said it will buy three gas-fired electric power plants in California for $642 million from a fund run by Oaktree Capital Group. Total Energy Services said it is proposing to make a C$2.90-a-share takeover offer for Strad Energy Services The Calgary, Alberta-based energy-services company said […]
Calfrac Well Services Ltd. slashed its quarterly dividend by 75%, citing the fallout of low oil and gas prices on the oilfield-services industry. CCL Industries Inc. plans to shutter a manufacturing and distribution plant in Meridian, Mississipi and move the facility’s label and binder production to Mexico. Total Energy Services Inc. said it has dropped […]
By Judy McKinnon Sep 23, 2015 9:02 am ET Several German investors in K+S AG are increasingly losing patience with the management’s rejection of a takeover approach from rival Potash Corp. of Saskatchewan, as the recent drop in commodity prices makes a deal more appealing. CIBC downgraded automation submission distribution-parts giant Magna International to sector […]
By Judy McKinnon Sep 25, 2015 9:53 am ET BlackBerry confirmed Friday it would launch a new Android phone to help bolster its sagging device business, while reporting disappointing results amid signs of weakness in its bid to revive growth from sales of device-management and security software. Silver Wheaton said it has received notices of […]
