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  • Most actively traded companies on the TSX, TSX Venture Exchange markets

    The Canadian Press

    TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (12,845.06 up 87.25 points): Ainsworth Lumber Co. Ltd. (TXS:ANS). Up 98 cents, or 33.33 per cent, at $3.92 on 30.3 million shares. U.S. forestry giant Louisiana-Pacific announced a friendly, US$1.1-billion takeover deal

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  • BlackBerry shares get a boost after Microsoft makes deal to buy Nokia

    The Canadian Press

    TORONTO – Blackberry (TSX:BB) shares were slightly ahead Tuesday as some investors found hope that the Canadian smartphone maker could still be an acquisition target in the wake of the multi-billion dollar Microsoft transaction. The Waterloo, Ont.-based company’s stock rose 11 cents to close at $10.75 on the Toronto Stock Exchange. The shift came after

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  • Verizon not coming to Canada: CEO

    News1130 Staff

    The CEO of Verizon says the US telecom giant had only limited interest in Canada, and it now has no interest following the acquisition of Vodafone’s stake in Verizon Wireless.

  • Verizon to buy Vodafone’s stake

    The Associated Press

    Verizon will own its wireless business outright after agreeing to a $130-billion deal to buy the 45 per cent stake of Verizon Wireless owned by British cellphone carrier Vodafone.

  • Via Rail reports lower second-quarter net income

    The Canadian Press

    The arms-length Crown corporation reported a profit of $9.6 million, down from $11.9 million a year ago. Operating expenses grew to $154 million from $141.8 million.

  • Bombardier's CSeries flight test vehicle is pictured March 7, 2013 in Mirabel, Que. THE CANADIAN PRESS/Paul Chiasson

    Bombardier receives test permit for CSeries jet clearing way for first flight

    The Canadian Press

    MONTREAL – Bombardier Aerospace (TSX:BBD.B) said Friday it has received a flight test permit from Transport Canada for the first CSeries aircraft, clearing the way for the jet’s first test flight. The company did not say when the flight would take place other than that it would be in “the coming weeks.” The first flight

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  • A Couche Tard convenience store is shown in Montreal, October 5, 2012. THE CANADIAN PRESS/Graham Hughes

    Couche-Tard first-quarter profit up from year ago, increases dividend

    The Canadian Press

    MONTREAL – Alimentation Couche-Tard Inc. (TSX:ATD.B, TSX:ATD.A) increased its quarterly dividend Friday as it reported its first-quarter profits more than doubled compared with a year ago, boosted by the acquisition of Statoil Fuel & Retail. The convenience store company increased its dividend by 1.25 cents to 8.75 cents per share. The improvement came as Couche-Tard,

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  • A patron enters a Laurentian Bank on March 20, 2012 in Montreal. THE CANADIAN PRESS/Paul Chiasson

    Laurentian Bank third-quarter profits fall six per cent as revenue grows

    The Canadian Press

    MONTREAL – Laurentian Bank (TSX:LB) says its third-quarter net income fell six per cent as it booked higher costs from the integration of new businesses. The Quebec-based bank said its quarterly profits dropped to $28.3 million, or 91 cents per share, from $30 million, or $1.06 per share, a year earlier. On an adjusted basis,

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  • A Canadian dollar, left, and a Euro are seen next to a series of U.S. dollars in this January 26, 2011 photo in Montreal. THE CANADIAN PRESS/Paul Chiasson

    Loonie flat: June GDP shrinks, commodities fall, Syria concerns boost greenback

    Malcolm Morrison, The Canadian Press

    TORONTO – The Canadian dollar closed little changed Friday as data showed the Canadian economy contracted in June while uncertainty over whether Syria will be hit with a U.S.-led punitive military strike pushed the greenback higher against most currencies. The loonie edged up 0.01 of a cent to 94.97 cents US as Statistics Canada reported

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  • The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013.THE CANADIAN PRESS/Aaron Vincent Elkaim

    TSX closes lower, oil and gold slide, uncertainty grows over Syria attack

    Malcolm Morrison, The Canadian Press

    TORONTO – The Toronto stock market closed lower Friday while oil and gold prices fell back amid uncertainty over a Syrian military intervention. The S&P/TSX composite index was 50.83 points lower to 12,653.9 as traders also took in data that showed the Canadian economy contracted in June. The Canadian dollar closed up 0.01 of a

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  • An investor arranges the knitting wool in front of the stock price monitor at a private securities company Friday, Aug. 30, 2013 in Shanghai, China. Asian stock markets were subdued Friday after Japanese manufacturing undershot expectations and worries about Syria's civil war dampened investor spirits. (AP Photo)

    Global stocks mixed after Japan manufacturing falls short of expectations

    Pamela Sampson, The Associated Press

    BANGKOK – Global stock markets were subdued Friday after Japanese manufacturing undershot expectations and worries about Syria’s civil war dampened investor spirits. The Nikkei 225 index in Tokyo shed morning gains after the government released figures that, while showing some strength, fell short. Manufacturing in the world’s No. 3 economy rose 1.6 per cent in

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  • Flood contributes to booming Calgary housing market; hurts High River sales

    The Canadian Press and Bill Graveland, The Canadian Press

    CALGARY – Extensive flooding that hit southern Alberta in June has contributed to a booming housing market in Calgary. Demand for homes in the city had peaked in 2007 and then crashed a couple of years later, but real estate people are reporting a big upswing again. “Oh, my gosh,” says Thomas Keeper of Tink

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  • Artwork depicting a Westjet Boeing 737-MAX7 is shown in an image released on Thursday Aug. 29, 2013. THE CANADIAN PRESS/HO, Boeing

    WestJet looked at CSeries but opts to buy 65 Boeing 737 MAX for US$6.3B

    Ross Marowits, The Canadian Press

    WestJet Airlines considered buying Bombardier’s new CSeries aircraft and Airbus’ re-engined aircraft but opted to expand its fleet by purchasing 65 Boeing 737 MAX aircraft, worth US$6.3 billion at current list prices. The airline said it has signed a letter of intent for 40 737 MAX 8s and 25 of the smaller 737 MAX 7s

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  • In this Wednesday, Aug., 14, 2013, photo, job seekers Emilio Ferrer, Brian ferrer, center, and Jonathan, right, of Hollywood, Fla., talk to a FirstService representative at a job fair in Miami Lakes, Fla. The Labor Department reports on the number of Americans who applied for unemployment benefits for third week of August on Thursday, Aug. 29, 2013. (AP Photo/Alan Diaz)

    Weekly applications for US unemployment benefits fall to 331K, near a 5-year low

    Christopher S. Rugaber, The Associated Press

    WASHINGTON – The number of Americans seeking unemployment benefits remained near the lowest level in more than five years last week, a sign that companies are cutting few jobs. First-time applications for benefits fell 6,000 to a seasonally adjusted 331,000, the Labor Department said Thursday. The four week average, a less volatile measure, inched up

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