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Suncor extends, but doesn't sweeten, hostile takeover bid for Canadian Oil Sands

2015-12-04 02:46:58| Oil & Gas - Topix.net

Oilsands giant Suncor Energy has extended its hostile takeover bid for its smaller peer Canadian Oil Sands until Jan. 8, but it hasn't sweetened the offer. The all-stock bid - worth nearly $4.5-billion based on Thursday's closing share price - was to have expired Friday.

Tags: oil bid canadian extends

 

Canadian auto sales rose 4.7 percent last month

2015-12-03 14:20:55| Auto Dealers - Topix.net

As in the US, Canadian light vehicles sales in November were supported by the customers' relentless desire to own trucks, an industry report has revealed. Big massive cars are best-sellers around North America, with trucks being in great demand.

Tags: month auto sales rose

 
 

Canadian Imperial Bank posts profit of $588 million in 4th quarter

2015-12-03 14:05:05| Grocery - Topix.net

The Toronto-based bank said it had earnings of $1.46 per share. Earnings, adjusted for non-recurring costs, were $1.79 per share.

Tags: posts million bank profit

 

New Purchase - Canadian National Railway

2015-12-03 13:04:39| Railroads - Topix.net

Earlier this week, I announced that I sold my position in Black Diamond . While the dividend wasn't at risk, management decided to cut it by 38% to improve the company's cash flow for the future.

Tags: national purchase canadian railway

 

Boeing, Canadian aviation industry launch sustainable aviation biofuel project using forestry waste

2015-12-03 12:55:32| Green Car Congress

Tags: project industry canadian waste

 

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