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Tag Archives: nbsp

Activist shareholders target Dominion Diamond

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Dominion Diamond Corp. is officially in play as the miner is being targeted by an activist shareholder group and is reportedly studying a potential sale. The stock jumped 22 per cent to $14.01 on Tuesday as investors absorbed the news. It is still down 33 per cent on the year. …

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Long Run Exploration convert holders ask: Who is looking out for us? Where is our full value?

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Judging from the response to a recent column, Long Run Exploration, which this week agreed to a takeover offer from an unnamed Chinese investor, is in trouble with holders of its convertible debentures. In that takeover, which comes with a $770 million value, the debenture holders are being offered $750 …

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Extreme bears are betting oil is going as low as $25, $20 and even $15 a barrel in 2016

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Oil speculators are buying options contracts that will only pay out if crude drops to as low as US$15 a barrel next year, the latest sign some investors expect an even deeper slump in energy prices. 'We all know someone who has lost a job': Oil crash takes heavy toll …

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World’s worst carry trade found in Brazil as 2016 outlook dims

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Investors who bet on Brazil’s local bonds this year were saddled with the biggest losses among major economies. The outlook for 2016 isn’t much better. Borrowing dollars at the end of 2014 and buying reais, a practice known as the carry trade, left investors with losses of 22 per cent …

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How Amazon is steamrolling over its competition in online sales: ‘It just keeps raising the bar’

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Two decades after Jeff Bezos started Amazon.com Inc. in his Bellevue, Wash., garage, his e-commerce juggernaut could be forgiven for letting up on its rapid growth. How Canadian Tire is grappling with the economics of e-commerce Questions in the industry still abound as to whether retailers will be able to …

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Canadian Natural Resources Ltd upgraded at Citigroup

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Canadian Natural Resources Ltd. was among several energy producers upgraded on Tuesday by Citigroup in anticipation of tides turning for the sector in 2016. Analyst Robert Morris raised his rating on CNRL to buy from neutral, along with EOG Resources Inc., Cimarex Energy Co. and Anadarko Petroleum Corp. Oasis Petroleum …

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Volkswagen faces billions in penalties as U.S. sues for environment violations

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WASHINGTON — The U.S. Justice Department on Monday filed a civil lawsuit against Volkswagen AG  for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. The allegations against Volkswagen, along with its Audi and Porsche units, carry penalties that could …

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5 policy risks to watch in China after a year of living dangerously

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Economic policy missteps loomed large over China’s economy this year, ranging from a controversial stock market bailout, to a yuan devaluation that roiled global markets to a financing crunch for local governments triggered by fiscal reforms that had to be eased. Next year may be no different. “Policy continues to …

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Where did the potential buyers of Canadian Oil Sands disappear to?

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Unless something dramatic happens between now and Friday, Suncor’s planned, albeit hostile, acquisition of Canadian Oil Sands is expected to play out as anticipated. While shareholders may not like the all-paper offer, they will support the transaction because the alternative of owning an independent company that trades lower – is …

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Pension solvency dipped slightly in 2015, Mercer report shows

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The poor equity market performance, the continued decline in long-term bond yields and new mortality tables that reflect increased life expectancy, have all combined to cause a slight decline in the funded status of the country’s pension plans in 2015. The only good news: the funded status of the 611 …

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