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Banks join the exemption order crowd allowing them to buy shares via private agreements

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For the second time this year, a Canadian bank has been given permission by the Ontario Securities Commission to buy back a good chunk of its own shares via private agreements with an arms-length third party seller. This week, Toronto-Dominion Bank joined the parade and plans to purchase, for cancellation, …

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Amazon.com Inc raises minimum order size for free shipping in U.S. in push to convert shoppers to Prime service

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Amazon.com Inc. is increasing the minimum order size for free shipping to US$49 from US$35, a step that could encourage more consumers to sign up for Prime, the online retailer’s annual service that includes two-day deliveries. The benefit of getting more people to sign up for Prime services —for US$99 …

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