|
Business staffing plans for Monday, Feb. 1, 2010
(Canadian Press Broadcast Wire (Canada) Via Acquire Media NewsEdge) BUSINESS EDITORS: Here is The Canadian Press Business staffing advisory as of 10:30 a.m. EST. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or David Paddon on the business desk at 416-507-2138. To contact CP Business by email, send messages to business(at)thecanadianpress.com.
TORONTO _ Toyota Canada has unveiled its solution to the sticky pedal problem that has been blamed for unwanted acceleration in some vehicles and says customers will be able to get their vehicles repaired at dealers starting late this week. The company said Monday that it has started shipping parts and is training its dealers on how to fix the problem. Dealers are expected to begin repairs soon after they have the parts, expected to be Thursday or Friday. 650 words. By Kristine Owram. Toyota-Recall-Canada, 4th Writethru. Moved Business and National. Will be Updated.
TORONTO _ Stock in Toronto-based disc manufacturer Cinram International (TSX:CRW.UN) plunged nearly 62 per cent Monday morning after Warner Home Video said it is ending a key supply agreement between the companies. 600 words. By David Friend. Cinram-Warner, 3rd Writethru. Moved. Will be Updated.
SUDBURY, Ont. _ The Canadian Auto Workers union says it has reached a tentative contract agreement with Xstrata Nickel in Sudbury, Ont. In a statement on its website, CAW Local 598 says it ``fought long and hard in the past 48 hours'' to reach a fair and equitable deal. 97 words. BC-Xstrata-Talks. Moved.Will be Updated
MONTREAL _ A new study says the future of forestry lies in blending the production of traditional wood products with new ones such as biochemicals and bioenergy. Avrim Lazar, president of the Forest Products Association of Canada, says the industry needs to extract the maximum value ``from every tree harvested.'' 600 words. By Ross Marowits. Forestry-Outlook. Moved Business and National. Will be Updated
MONTREAL _ Innergex Renewable Energy (TSX:INE) founder Gilles Lefrancois retires after company announces merger with Innergex Power Income Fund. (TSX:IEF.UN). 550 words. By LuAnn LaSalle. Innergex, 1st Writethru. Will be Updated.
NEW YORK _ Exxon Mobil Corp. (NYSE:XOM) said Monday its annual income of US$19.3 billion was the smallest in seven years as higher oil prices squeezed profit margins in its refining business. By Chris Kahn. US-Earns-Exxon-Mobil, 2nd Writethru Budget. Moved.
The Canadian Press is also following:
TORONTO _ Rising commodity prices helped push the Toronto stock market higher Monday. The S&P/TSX composite index moved ahead 70.9 points to 11,165.2. The Canadian dollar was up 0.09 of a cent to 93.61 cents US. By Malcolm Morrison. Dollar-Markets, 1st Writethru. Moved. Will be Updated.
OTTAWA _ Ottawa-based Mosaid Technologies Inc. (TSX:MSD) says it has signed a worldwide patent licence agreement with Sony Corp., the Japanese consumer electronics and media giant. Sony will pay an undisclosed amount to use Mosaid wireless patents in all products enabled for Wi-Fi communications. Mosaid-Sony, 1st Writethru.
TORONTO _ Toronto-based MagIndustries Corp. (TSX:MAA) has signed a framework agreement with a Beijing-headquartered construction company, which is negotiating to build the proposed Mengo potash project in western Africa. MagIndustries-China, 2nd Writethru.
TORONTO _ China National Nuclear Corp. has emerged as a white-knight suitor for Khan Resources Inc. (TSX:KRI), a junior Canadian company that is focused on exploring and developing uranium properties in Mongolia. Khan-Resources. Moved.
TORONTO _ The RBC consumer outlook index dipped in January as consumers delayed major purchases amid increased debt and job anxiety. According to an RBC survey, almost six in 10 Canadians (58 per cent) said they were concerned about their current level of debt. RBC-Consumer-Index. Moved.
TORONTO _ HTN Inc. (TSXV:HTN) is buying privately held medical office automation software developer Advanced Computer Systems Ltd. for an undisclosed amount. HTN-ACSL, 1st Writethru. Moved.
WINNIPEG _ Lanesborough Real Estate Investment Trust (TSX:LRT.UN) says it has an agreement to sell McIvor Mall in Winnipeg for $11.2 million. 21 words. BizFlash BC-Lanesborough, BizFlash.
VANCOUVER _ Maxam Opportunities Fund Ltd. Partnership says it will let its takeover offer for Toronto-based C.A. Bancorp Inc. (TSX:BKP) expire on Tuesday after it was rejected by the merchant bank. Maxam-Bancorp
THE CANADIAN PRESS
(The Canadian Press)
(c) 2010 The Canadian Press
[ Back To TMCnet.com's Homepage ]
|
TMCnet LOGIN
Webinars
