Briefcase: Updates on developing business stories
Alex Mlynek
Canada has decided to take its issue with the U.S. country-of-origin-labelling rules (also known as COOL) to the World Trade Organization.
More »
Alex Mlynek - 1 Comment »
Oh, jeez. Something else to consider. Public health issues.
More »
Alex Mlynek - No Comments »
Alpha Group has announced a revised launch date for its new alternative trading system, Alpha Trading Systems, which is now set to go live on Nov. 7, 2008. Its original Sept. 26, 2008 debut was reportedly delayed because of data distribution issues in testing.
More »
Alex Mlynek - No Comments »
In the July 21, 2008 Briefcase we noted that uranium producer Cameco Corp. told the Canadian Nuclear Safety Commission in May that leaks of uranium, arsenic and fluorides from Cameco's Port Hope, Ont., conversion facility may have polluted Lake Ontario. Well, the facility, which Cameco voluntarily shut down in July ...
More »
Alex Mlynek - No Comments »
Philip Morris International Inc. announced it has succeeded in its $30-a-share bid to purchase Toronto-based Rothmans Inc. PMI has received nearly 68%, ok 67.8% to be exact, of outstanding Rothmans common shares.
More »
Alex Mlynek - No Comments »
In the last Briefcase we wrote about New York-based Philip Morris International's bid to purchase Rothmans Inc. of Toronto. Today PMI announced it has extended the expiry of its offer of $30 a share to Sept. 16.
More »
Alex Mlynek - No Comments »
Well, it's been quite a year for B.C. oil and gas rights sales.
July's record-breaking sale of more than $610 million in bonus bids boosted the total garnered by B.C. this fiscal year to $1.3 billion. In comparison, last fiscal year the province raised $1.2 billion selling the potentially lucrative ...
More »
Alex Mlynek - No Comments »
HBC announced today it has hired Mark Foote as president and CEO of Zellers. Foote, who spent more than 20 years at Canadian Tire, was most recently president and chief merchandising officer at Loblaw Cos. He left Loblaw this past April.
More »
Alex Mlynek - No Comments »
Just a quick post to note today’s purchase of Hudson’s Bay Co. by NRDC Equity Partners, owner of Lord & Taylor, a specialty department store.
More »
Alex Mlynek - No Comments »
Robert Friedland's Ivanhoe Energy (TSX: IE) is now a member of the oilsands club.
More »
Alex Mlynek - No Comments »