Vencap shares surge on sale talks and treasury leverage
Investors drive Vencap Equities Alberta Ltd. above six dollars amid reports Alberta will unload its roughly 31 percent stake. Trading volume neared a year’s high as speculation swirls around Bovarne Trimac’s possible bid to acquire remaining shares, aided by Vencap’s cash and securities.
MENTIONED IN THIS ARTICLE
Donald Campbell
Calgary Herald
Vencap Equities Alberta Ltd
Vencap Equities
Alberta Stock Exchange
Vencap
Alberta
Bovar
Trimac Ltd
Vencap Treasury
Eastwood eyed for Sport Specific fitness push in Calgary
In Calgary Sport Specific eyes Clint Eastwood to front its Sky Walker cross training machine. Eastwood spoke through a spokesman about possible involvement with the company, which hopes to sign a deal to supply machines to his film crew and cast with him on the board. Officials said last minute reasons kept him from a Tuesday symposium.
MENTIONED IN THIS ARTICLE
Calgary
Sport Specific International
Clint Eastwood
Guthrie
Sport Specific
Eastwood
Tom Rooker
Los Angeles
Dirty Harry
Line of Fire
Bridges
Madison County
Booker
Ee Ae
Lee Guthrie
Sid ‘Specific
Cher
Sha Uille
Wayne Gretzky
Michael Jordan
Interbrew near lock on Labatt after $2.7 billion bid
Interbrew S A of Belgium increased its offer to $2.7 billion for Labatt Ltd, with shareholders to decide. Onex Corp. declined to raise its $2.3 billion bid leaving Interbrew poised to win. Interbrew offers $28.50 a share versus Onex at $24, with the deal mailing to shareholders by June 12. Molson is partly foreign owned by Miller and Foster's.
MENTIONED IN THIS ARTICLE
Toronto
John Labatt Ltd
Onex Corp
Interbrew S.A
Belgium
Labatt
Onex
Interbrew
George Taylor
Taylor
Canada
Molson Breweries
Miller Brewing Corp
Thenited
Foster's
Interbrew bids $2.7 billion for Labatt in hostile move
Interbrew of Belgium plans a formal bid for Labatt with a mail offer by June 12, pending two-thirds shareholder approval of 93.6 million Labatt common shares. The deal requires three federal clearances including net benefit review, competition bureau, and CRTC approval to keep assets like TSN and Discovery channels in Canada.
MENTIONED IN THIS ARTICLE
Interbrew S.A
Belgium
John Labatt
Interbrew
Onex
Labatt
Canada
Bureau of Competition
Canadian Radio- Television and Telecommunications Commission
TSN
Discovery
Toronto shares ease on mixed trading at noon
Toronto stock market was lower at midday with the TSE 300 down 12.52 to 4,463.81. Volume ran to 21.5 million shares as 246 issues fell and 212 rose, 289 unchanged. Pipelines led gains while gold and silver declines weighed on overall markets.
MENTIONED IN THIS ARTICLE
Toronto
General Motors
Magna International
Slater Industries
Irace Inc
Vancouver Stock Exchange Slips in Morning Trade
Vancouver CP reports a down day on the Vancouver Stock Exchange with 5,131,309 shares traded by 7:45 a.m. The VSE index sits at 802.26, down 3.53 from Wednesday. Top movers include Al-North Resources down to .19 and Muli plex Resources up to 28 with mixed results across several ventures and warrants.
MENTIONED IN THIS ARTICLE
Vancouver
Vancouver Stock Exchange
Al-North Resources
Gokinev Resources
Arequipa Resources
Winnipeg grain report shows mixed prices amid weather concerns
Winnipeg wheat and flax futures traded mixed with higher Chicago soy oil supporting some gains. July flax rose while October eased. canola, oats, barley and rye moved varied by contract with commission houses active, total Western grain tonnage listed as 103,320.
MENTIONED IN THIS ARTICLE
Winnipeg
Chicago
Statistics Canada
Apri
Commission
Commission House
Cohanien
Chicago Cats
Sietna
Wester
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Swan Hills
Bovarne
Encap
Forzani
Edmonton
Albchem Industries Ltd
Red Deer
Fletchers’ Fine Foods Ltd
Medicine Hat
Monarch Communications
B.C
Clint
Sarah Bernhardt
Karl Rosenfeld
Tra, Lene
North America
Calumet Westport
RBC Eae Securities
Foamy Cll Mead
Mines
Ee Ee
Ween
Eaves Ceneen
COO Re
M Etme
Pde
Necusaans
TSE
Ps Dominion Securities
Coer Eeres
Ancon
E Aes
Belt
Bk Mt See
Cand Airlines Ae Ene Whee
Cfracmstr
N. B. Cisc
Cem
Enee
Erate
Cdn
Nat Res Renee Ee
CP Ltd Ste
Ctire A Peewee
Nowsco
Petro Convena Ee Beeen
Poco Pete
Sears
Shell
Suncor
Wascana
Toronto Stock Exchange Today
Cinar Films B
Plaintree Systems
Tech Corp. B
Northway
Placer Dome
International
Pegasus Gold
Prime Resources
Pengrowth Gas UN
Anderson Exploration
Morrison Petroleum
Pan East Petroleum
Coho Energy
Summit Resources
Arbor Resources
Muliplex Resources
NDT Ventures
Donnier Resources
Starcore Resources
Winnipeg Grain Report
Omestic
Tribune Media Services, Inc
MTV
NYSE
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