Weight Watchers International Inc. shares rose as much as 22 per cent after investor and spokeswoman Oprah said she’s lost excess fat using the program. “I lost 26 pounds, and that i have eaten bread each day,” the entertainment mogul said inside a video posted to Twitter. This is the joy for me. I do not deny myself bread. I’ve ...
Read More »Yearly Archives: 2016
Maureen Jensen nominated as next chair of the Ontario Securities Commission
The nomination of 59-year-old Maureen Jensen as the new head from the Ontario Securities Commission is viewed as a palatable choice because the province is constantly on the push for the establishment of the national regulatory body. If approved, the present OSC executive director will be appointed to a two-year term as the capital markets watchdog’s chair and leader – ...
Read More »Barrick Gold Corp shares are sinking this morning after warning of $3-billion writedown
TORONTO – Barrick Gold Corp. shares were lower in pre-market trading, following its advance notice of a US$3-billion asset writedown. Barrick (TSX:ABX) says it will likely be recording the value of its stalled Pascua-Lama mining project on the border of Chile and Argentina and its Pueblo Viejo gold operation in Dominican Republic with a total of between US$1 billion and ...
Read More »Kevin Libin: Don’t dismiss Coderre’s Alberta bashing; all anti-pipeline politics are local
Everybody who’s nobody is rejecting Alberta’s pipelines these days. Nobody who has any official capacity to do so, anyway. But get enough of those nobodies together, plus they may have a powerful effect that can sure get somebody’s attention. The latest is Montreal’s mayor Denis Coderre, former Liberal cabinet minister under Jean Chrtien, who together with mayors from Laval and ...
Read More »Canadian Tire announces recall of more than 87,000 booster seats
TORONTO – A lot more than 87,000 child booster child car seats sold at Canadian Tire stores are now being recalled simply because they neglect to meet safety regulations. The retailer says four types of booster seats made by Transtek Trading Co. Ltd. and sold under the brand names Kukuxumusu and Apramo are being recalled. The Kukuxumusu units possess a ...
Read More »Adidas to end IAAF sponsorship deal four years early in wake of doping scandal: BBC
LONDON — German sportswear company Adidas AG would be to end its sponsorship cope with the International Association of Athletics Federations (IAAF) almost 4 years early due to the scandal surrounding the sport, the BBC reported on Sunday. The BBC said Adidas, whose 11-year deal managed to get the biggest sponsor of athletics’ governing body, decided against continuing using the ...
Read More »Ontario prices second round of green bonds: $750 million at 1.95% for seven years
Thanks to its latest issue, the quantity of green bonds issued by the federal government of Ontario has risen to $1.25 billion. Last Friday, Ontario priced its second issue. The province is placed to boost $750 million in a coupon of 1.95 per cent. (Because the bonds were issued at a slight discount to par, the yield becomes a tad ...
Read More »Canada will sign controversial Trans-Pacific Partnership trade deal, but ratification not guaranteed
OTTAWA – The us government has confirmed it promises to sign the controversial Trans-Pacific Partnership trade deal in a meeting in a few days in New Zealand. But when it comes to ratification from the 12-country treaty, the Liberals continue to be perched squarely atop a fence. “Just because it is too early to endorse the TPP, it is also ...
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