Companies Slice Dividends as Profits Plummet
The Canadian Press reports a deepening recession hurting corporate finances with dividend rates cut as profits slide. Executives warn this trend mirrors wartime downturns, signaling widespread financial strain across industries and stakes for investors.
MENTIONED IN THIS ARTICLE
Budd Canada Inc
Travel groups study insurance and industry funds grow
Travel groups push voluntary compensation funds as Sunflight collapse spurs industry reform. The Alliance of Canadian Travel Associations plans a fund to aid travellers in provinces with no required consumer protection, with details to follow.
MENTIONED IN THIS ARTICLE
David Gersovitz
Montreal
Sunflight
Sunflight-SkyLark
Alliance of Canadian Travel Associations
Quebec
Ontario
British Columbia
Malcolm Nicholson
Alliance
Nicholson
Gerry Mewhirter
Old fashioned layaways help independents gain in harsh market
Montreal and Winnipeg retailers adapt to recession by reviving layaway plans and targeted promotions. Independent stores report sales gains from promotions, store redesigns, and staff incentives while facing bankruptcies among smaller rivals and a shifting consumer mood.
MENTIONED IN THIS ARTICLE
Financial Times
Montreal
Statistics Canada
Wilson Furniture Ltd
Winnipeg
Dick Wilson
Wilson
Claude
Wilsons
Jack Payne
Universal Stores Inc
Prince Rupert
B.C
Ghislain Migneault
Aldo and Pegabo Shoe
Migneault
of Leathers Ltd
Calgary
Vancouver
Lammle
Retail Council of Canada
Council
Pat Porth
Payne
Universal Stores
Toronto Stock Exchange Tape Shows Wide Bid-Ask Quotes
Toronto midday board listing shows extensive price quotes in cents for numerous stocks with high and low values, volumes, and ex-dividend, ex-warrants indicators. The data include company names such as Alcan, Algoma, Asbestos, Bell Canada, Dome Mines, Noranda, Loblaw, Petro Can, and Molson, among others, reflecting intraday trading activity and market depth.
MENTIONED IN THIS ARTICLE
John Ing
Pitfield Mackay Ross Ltd
Toronto
Ing
Inco Ltd
Cominco Ltd
Hudson’s Bay Mining and Smelting
Camilo Mines
Brunswick Mining
Canada Tungsten Mining Corp
Lor
Nex Mining
Pine Point
Westgron
Dome Mines
Sigma Mines
Quebec
Rolland Inc
Whonnock Industries
MacMillan Bloedel
B.C. Forest Products
Canada
Stelco Inc
Ford Motor Co. of Canada Ltd
Dome Petroleum Ltd
Union Carbide Canada
CIL Inc
Jannock Ltd
Alberta Complete tabulation of Monday transactions
Complete Monday stock sale tabulation with prices in cents and closing quotes. Lists include AltaInvA 500 at 7, Am Chrom B 500 at 70, Aquarius 1500 at 50, Calais 18000 at 34, CanNW Aus 7200, Saturn-like entries for many tickers with highs lows closes and daily changes. Total sales reported 292,724,20 across listed items.
MENTIONED IN THIS ARTICLE
Bonn
Calais
Cincinnati
East Gulch
Pemberton Securities Reports Food for Thought
The Medicine Hat TSE composite index is at 1419.8 at noon EDT, down 11.6. Metals, Golds, Oil and Gas, Pipelines, Real Estate and other sectors show declines with notable drops in Real Estate and Construction. Dow Jones at 796.32, down 5.52. USD/CAD at 0.7843. Gold and Silver prices quoted in USD.
MENTIONED IN THIS ARTICLE
Pemberton Securities Ltd
Medicine Hat
U.S
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John Valorii
Porate
Isobel Whiteside
Europe
Whiteside
United States
Air Canada
CP Air
Massey-Ferguson
Ottawa
Pension Funds
Midland Doherty Limited
CME
CBT
Chicago Board of Trade
Chicago Mercantile Exchange
WPG
Winnipeg Commodity Exchange
Bany Lammle
Wedin Stores Ltd
Ponoka
Edmonton
Murray Wedin
Michael Bungar
Alaska
Ashbert
Alska
BC Res
Alice Lir Belinda
Altargid
Elmors
Betina
AMCA
Agassiz
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Albany
Alt Energy
Alta
Alcan
Algo Cent
Algoma
Arbor
Bank BC
Bk Mtl
Bank NS
Bankeno
Bathrst
Bell
Bighartog
Brenda
Brooke Pr
CDC
Nor West
Curtis
CG Invest
Hydro
CIBC
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Cnat
Oedental
CP Ltd
CPL
Carl OK
Chrysler
Durham
Czar
Daon Af
Delhi Pac
Denison
Dickasn Af
Dickasn Bo
Dofasco
Pete
du Pont
Ego Res Io
Elethom
Elks Epitek
FCA
Ind
Flbrg
Nik Fathm
Calgary Fisher O
Fraser Fruehauf
Gandalf
Hawker
Hayes
Heritage
H Bay Mag
H Bay Co
HBC
Husky Oil
ITL Ind
Imasco
Imp Life
Imp Oil
Inca
Tyly
Inter-City
IBM Intl
Thom Inter Pipe
Ipsco Irwin Toy
Ivaco Jofre F
Jorex Ltd
Kelsey H Kerr Add
Anacon Labatt A
Lacana Lont
Shore Lava Cap Leigh
Lac Loblaw Co
Lochiel B
LL Moris Lumonics Lytton M
MDSHA
MDS
Mcknz
Melan
Macmilan
Madeline Mahr
Wil Man Bar
Mrtme el Maritime
Mass
Adam Mentor Mercantil Merland E
Merland
Midcon Minis Res
Minorco
Mitel Corp
Molson A
Molson
Moore Morisn
Jamie Murphy
Cook
NSR
Nfld
Nick Offset
Noranda ‘ Nor 92
Norcen Noren
NC Oils Nor Tel
Northgat Northld
Northstar Nthumber Noa Alta F
Numac Opi Oakwood Qakwod
Obrien Ocelot
Odyssey Omega Onaping
Oshawa
PCL Indust Pac
Coper Pern
Paloma
PanCan
Pegasus
Petro Can
Petro Sun Petrol
Petrotech
Phonix
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Reichhold Res
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Rogers
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Tex Thom
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Walker R Walker
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Westmin
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