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Macmillan CEO forced out over 'direction' of company
NEW YORK — Macmillan's longtime CEO, John Sargent, will be leaving at the end of the year, forced out by what parent company Holtzbrinck Publishing Group is calling “a disagreement regarding the direction of Macmillan.
Sep 17, 2020 2:57 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,246.72, down 48.94 points.) Zenabis Global Inc. (TSX:ZENA). Health care. Down 2.5 cents, or 26.
Sep 17, 2020 2:39 PM
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North American stock markets fall over technology losses and U.S. stimulus concerns
TORONTO — North American stock markets fell Thursday on technology sector weakness and concerns about the likelihood of more U.S. stimulus and slowly falling jobless claims. The S&;P/TSX composite index closed down 48.94 points to 16,246.72.
Sep 17, 2020 2:32 PM
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One in four credit-cardholders couldn't make payments in May and June, survey says
TORONTO — Nearly one in four customers of the major credit-card companies were unable to make monthly payments this spring, according to a survey released on Thursday by J.D. Power. J.D.
Sep 17, 2020 2:31 PM
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Businessmen Rivett and Doman join Itasca board following Kenora sawmill purchase
VANCOUVER — Itasca Capital Ltd. says it will add businessmen Paul Rivett and Rick Doman to its board of directors to help pursue additional lumber investments after buying a Kenora sawmill and related assets for $11.5 million.
Sep 17, 2020 2:29 PM
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Court orders recalculation of $1.4 billion in damages, supports Dow in Nova lawsuit
CALGARY — Both sides are welcoming an Alberta Court of Appeal ruling that supports a trial judge decision in favour of Dow Chemical Canada over Nova Chemicals Corp. but orders a recalculation of its award of $1.4 billion in damages.
Sep 17, 2020 1:57 PM
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Montreal-based Nuvei Corp. IPO makes exchange history with first trading on TSX
Montreal payments company Nuvei Corp. made history Thursday with an IPO that raised US$700 million — the largest amount by a technology company in TSX history. The company's more than 26.
Sep 17, 2020 1:52 PM
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Emmy winning Felix & Paul Studios, PHI Studio plan tour of high-tech space exhibit
MONTREAL — PHI Studio and Emmy-winner Felix & Paul Studios have formed a new joint venture, which will create and market large-scale immersive projects including a travelling exhibition that's planning a five-year tour of North America and Europe
Sep 17, 2020 10:53 AM
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COVID delay costs calculated for Teck's Quebrada Blanca copper mine in Chile
VANCOUVER — Construction delays related to a COVID-19 shutdown of its Quebrada Blanca Phase 2 copper mining project in Chile will add between US$260 million and US$290 million in costs and delay startup by five to six months, mining company Teck Reso
Sep 17, 2020 10:14 AM
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August US home building slides 5.1% after months of gains
WASHINGTON — U.S. housing construction fell a surprising 5.1% in August after three months of strong gains when home builders ramped up projects following a pandemic-induced shutdown in March and April.
Sep 17, 2020 9:36 AM
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