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216 posts
March 21, 2023
Ritchie Bros. Auctioneers Inc. completes acquisition of IAA Inc.
Ritchie Bros. Auctioneers Inc. RBA-T announced it has closed its acquisition of U.S. firm IAA Inc. IAA-N after…
March 20, 2023
Iraq in final stages of talks on US$27-billion TotalEnergies deal, oil minister says
Talks between French oil major TotalEnergies and Iraq to resolve sticking points in a long-delayed $27-billion energy deal…
March 18, 2023
How can investors spot the next SVB?
SVB’s share price collapsed in a single day and shareholders were wiped out, providing a nasty example of…
March 17, 2023
FedEx raises its full-year earnings forecast after cost cuts
A FedEx delivery truck in Los Angeles, Calif., on Feb. 1.Mario Tama/Getty Images FedEx Corp FDX-N on Thursday…
March 16, 2023
Credit Suisse shares leap in delicate truce with doubters
The company logo is seen at the global headquarters of Swiss bank Credit Suisse in Zurich, Switzerland.ARND WIEGMANN/Getty…
March 14, 2023
Slim majority of Ritchie Bros. shareholders approve contentious IAA deal
Shareholders of Ritchie Bros. Auctioneers Inc. have narrowly approved its acquisition of IAA Inc., ending a months-long battle…
March 14, 2023
Ritchie Bros. shareholders approve acquisition of IAA at special meeting
Ritchie Bros. Auctioneers Inc. RBA-T says its shareholders approved the company’s deal to buy U.S. automotive salvage company…
March 14, 2023
Dorel Industries reports growing losses amid reduced orders from retailers, price discounting
Dorel Industries Inc. DII-B-T reported its net loss from continuing operations grew in the fourth quarter amid lower…
March 13, 2023
Canaccord board members reviewing $1.1-billion management takeover bid resign
Acquiescing to a major shareholder’s demands, the Canaccord Genuity Inc. CF-T board members who had been evaluating an…
March 11, 2023
Growing share of Canadians are spending more than 25 per cent of income on mortgage payments
The Bank of Canada considers households that spend more than 25 per cent of their income on debt…