By The Canadian Press TORONTO - Canadian Satellite Radio Holdings Inc. (TSX:XSR.TO – News), the parent of broadcasters XM Canada and Sirius Canada, posted a loss in the first quarter
By The Canadian Press PERTH, Australia – Minemakers Ltd. (TSX:MAK.TO – News) has made an offer to buy the rest of UCL Resources Ltd
By The Canadian Press MONTREAL - Resolute Forest Products, formerly known as AbitibiBowater, has extended its hostile bid for pulp producer Fibrek Inc. until Feb.
By The Canadian Press TORONTO - Shareholders have narrowly reject a proposal by The Caldwell Partners International Inc. (TSX:CWL.TO – News) to reduce the stated capital of its common shares by 75 per cent, a move that would have allowed it to pay dividends, the executive search firm said Friday. “The rejection of this resolution by shareholders is both surprising and disappointing,” said board chairman G
By The Canadian Press TORONTO - Canadian Satellite Radio Holdings Inc. (TSX:XSR.TO – News), the parent of broadcasters XM Canada and Sirius Canada, posted a loss in the first quarter
By The Canadian Press MONTREAL - ACE Aviation Holdings Inc. (TSX:ACE-B.TO – News), once Air Canada’s largest shareholder, said it will seek shareholder approval for its eventual dissolution and distribution of remaining net assets. The Montreal-based company was formed in 2004 to be the airline’s parent company as part of Air Canada’s court-supervised restructuring.
By The Canadian Press PERTH, Australia – Copper producer Anvil Mining Limited (TSX:AVM.TO – News) has won approval from its stakeholders in Democratic Republic of Congo to be taken over by China-based Minmetals Resources Ltd. in a deal worth about $1.3-billion
By Ross Marowits, The Canadian Press MONTREAL - Resolute Forest Products posted its second quarterly loss since the former AbitibiBowater completed a restructuring a year ago as pulp and paper demand fell short of expectations, the company’s CEO said Thursday.
By LuAnn LaSalle, The Canadian Press | The Canadian Press – MONTREAL - Struggling Yellow Media Inc. (TSX:YLO) has cancelled its preferred dividends and added members to its board of directors with corporate finance and technology experience to pay back its debt and continue its transition to a digital company. The Montreal-based publisher of the Yellow Pages print and online directories has been evaluating alternatives — including issuing debt, equity or other securities — to refinance debt that matures this year and beyond.
By Ross Marowits, The Canadian Press | The Canadian Press – MONTREAL - Resolute Forest Products posted its second quarterly loss since it exited creditor protection a year ago as pulp and paper demand fell below expectations, the company’s CEO said Thursday. North American newsprint demand decreased by seven per cent in 2011, below the company’s forecast of a drop of three to five per cent. Demand was off six per cent in the fourth quarter.
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