TORONTO – So long as Sears Canada has viable property to sell – and management is able to keep shaving costs – the struggling retailer will likely stay alive despite posting many years of declining sales and substantial operating losses. That’s the view of the new report from Desjardins Securities, which notes the department store’s management is not in a ...

CALGARY — Cequence Energy Ltd. has abruptly replaced its leader and dismissed two of its vice-presidents included in a strategic alternation in direction and cost-cutting efforts because of low natural gas prices. The company has promoted Todd Brown as CEO, replacing Paul Wanklyn immediately. Brown continues to be the company’s chief operating officer since August 2014 and Wanklyn has been ...

Norfolk Southern Corp. says it might be prepared to sit down with Canadian Pacific Railway Ltd. to go over its takeover proposal, but only if it were “to meaningfully increase the consideration it’s offering.” In the meantime, the Virginia-based railway is urging its shareholders to vote against CP’s attempt to pressure its board into entering “good faith discussions” about the ...

The reaction was straightforward: why not here and why there. We are talking about the current presentation by Israel-based Trendlines Group to some number of clients from the Horwood Team, which is a part of Richardson GMP. In 2014 that company C a seed-stage incubator that concentrates on medical and agricultural technology C tried to go public in Canada, but ...

Jerome Hass is a portfolio manager with Lightwater Partners Ltd. Lightwater manages two long short equity funds: the Lightwater Long Short Fund and the Nimble Fund. He spoke to us about his firm’s investment strategy and shared some of his small cap ideas. Listen towards the podcast interview with Jerome Hass:http://wpmedia.business.financialpost.com/2016/03/jerome-haas-lightwater-partners-ltd-162216-podcast1.mp3   James West is an investor and also the ...

The recent terrorist attack involving a bombing at the Brussels Airport hasn’t altered the Ontario Teachers’ Type of pension appetite for infrastructure investments, the plan’s chief executive said Wednesday. Teachers’ owns a 39 per cent stake within the airport in Belgium, which was hit along with a busy Brussels metro station within an attack this month that left a lot ...

A stranded asset is definitely an investment that is obsolete before the end of their useful life, creating a financial loss for an investor who decided to learn. With the prospect of disruptive technologies like planet, and tougher GHG policies targeted at curbing using hydrocarbons, some reason that today’s oil reserves turn into tomorrow’s stranded assets. Is that this a ...

Chipotle Mexican Grill Inc. may be engaging in the burger business. Chipotle, that has already committed to two smaller chains, is considering opening another restaurant concept focused on hamburgers, said Chris Arnold, a spokesman for the Denver-based company. The organization filed a trademark application this month for the name “Better Burger,” based on the U.S. Patent and Trademark Office website. ...