Wednesday April 23, 2014





Business News


top story

Apple to split stock, increase stock buyback program, raise dividend as revenue growth slows

CUPERTINO, Calif. - Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 per cent and split its stock for the first time in nine years....

posted: April 23,2014





Business News

CP07

Oil slips to US$102 a barrel as reports shows big increase in US supplies

NEW YORK, N.Y. - The price of oil slipped Wednesday as a government report showed U.S. oil supplies ...



Most actively traded companies on the TSX, TSX Venture Exchange

TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the...



FedEx takes a page from Canada Post playbook with new locations at Home Hardware

TORONTO - As more Canadians turn to online shopping, FedEx hopes an agreement to open shipping...





Ottawa to propose new pension scheme, but is not budging on CPP expansion

OTTAWA - The federal government is planning more pension plan changes, this time affecting Crown corporations and federally regulated firms....


Mega Brands shareholders vote to approve US$460-million takeover by Mattel

MONTREAL - Mega Brands shareholders have overwhelmingly approved a US$460-million friendly takeover of Canada's only publicly owned toy company by American giant Mattel....


TSX down: miners fall on weak data, rails drop as Feds phase out unsafe tank cars

TORONTO - The Toronto stock market closed lower Wednesday amid positive earnings news and signs of weakening Chinese growth....


Montreal board of trade urges Oliver to abandon national securities regulator

MONTREAL - Montreal's business community urged Finance Minister Joe Oliver on Wednesday to "reconsider" Ottawa's efforts to create a national securities regulator....


Loonie little changed amid rising retail sales, disappointing Chinese data

TORONTO - The Canadian dollar closed slightly lower Wednesday amid better than expected February retail sales....


Bangladesh becomes new customer for Saskatchewan potash

SASKATOON - Saskatchewan has a new customer for the province's potash....


Crescent Point to buy CanEra Energy in deal worth $1.1 billion, including debt

CALGARY - Crescent Point Energy Corp. (TSX:CPG) has signed an agreement to buy CanEra Energy Corp., a privately held oil and gas producer in southeast Saskatchewan, in a deal valued at $1.1 billion, including debt....


Celestica CEO sees semiconductor industry as priority for profitable growth

TORONTO - Celestica Inc. (TSX:CLS) is making progress on adjusting its worldwide manufacturing capabilities to satisfy a more diversified base of customers in the semiconductor, solar-energy and aerospace-defence industries as it shifts...


Valeant to replace three board members; Allergan adopts poison pill defence

Valeant Pharmaceuticals International says three of its directors will not stand for re-election this year as it pursues the acquisition of Botox maker Allergan, which has adopted a "poison pill" defence while it considers the offer....






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