Winnipeg Free Press Newspaper Archives May 15 2015, Page 31

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Winnipeg Free Press (Newspaper) - May 15, 2015, Winnipeg, Manitoba C M Y K PAGE B7 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FPMARKETS TSX RETREAT HALTED 15,028.12 + 47.40 + 0.32% 692.00 - 1.11 - 0.16% 18,252.24 + 191.75 + 1.06% 5,050.80 + 69.11 + 1.39% B Y B R I A N M C K E N N A T O R O N T O • The Toronto stock market closed moderately higher Thursday with the energy sector the main drag as oil prices retreated below US$ 60 a barrel. The S& P/ TSX composite index was up 47.40 points at 15,028.12 in its first sign of strength this week after falling almost 190 points the previous three sessions. The loonie was off 0.22 of a U. S. cent at 83.34 cents. In New York, buyers flooded back into the markets after three consecutive down days that saw the widely watched Dow Jones industrial average shed more than 130 points. On Thursday, the Dow reversed that and more, soaring 191.75 points to 18,252.24 on the strength of encouraging news on the U. S. job market and a drop in producer prices that possibly signalled lower inflation and a continuation of historically low interest rates. Meanwhile, the Nasdaq jumped 69.11 points to 5,050.80 and the S& P 500 shot up 22.62 points to a record high 2,121.10. In commodities, the June crude oil contract lost 62 cents to US$ 59.88 a barrel and the TSX energy sector fell 1.89 per cent. Meanwhile, June gold continued its recent tear, up $ 7 at US$ 1,225.40 an ounce. The Canadian Press FP CAREERS Every Wednesday & Saturday Reach quality candidates by showcasing your organization’s employment opportunities. Place your ad today: 1- 866- 588- 7678 | careers@ nationalpost. com For Career Advice For Job Search / jobs C O M M O D I T I E S C R U D E O I L US$ 59.88 - US62¢ N Y M E X G A S US$ 3.01 US7¢ G O L D US$ 1,225.40 US$ 7.00 S I L V E R US$ 17.44 US31¢ AG Growth Intl Inc - 0.61 51.54 30,170 All In West! Capital Corp nil 0.01 0 Arctic Glacier Income Fund nil 0.06 500 Artis Real Estate Invmt Tr 0.09 14.30 127,390 Bird River Resources Inc nil 0.07 0 Boyd Group Inc ( the) 0.27 55.80 28,872 Buhler Industries Inc - 0.03 4.95 535 Canickel Mining Limited nil 0.13 0 Copper Reef Mining Corp nil 0.04 0 Craig Wireless Systems Ltd nil 0.05 0 Diamedica Inc 0.01 0.11 14,000 Empire Industries Inc 0.01 0.13 71,000 Exchange Income Corporation 0.17 23.45 40,041 FP Newspapers Inc - 0.08 2.15 6,430 Gendis Inc nil 3.60 0 Gossan Resources Limited nil 0.03 0 Great West Lifeco Inc 0.26 36.50 362,159 Hudbay Minerals Inc 0.23 11.92 489,844 IGM Financial Inc 0.23 43.23 232,666 Imris Inc 0.09 0.91 131,503 Kane Biotech Inc nil 0.05 1,224,650 King’s Bay Gold Corp nil 0.01 0 Lakeview Hotel Investment Corpnil 0.44 0 Lanesborough Real Estate Inv nil 0.45 0 Legumex Walker Inc - 0.07 3.78 1,200 Mainstream Minerals Corp nil 0.01 0 Manitoba Telecom Services 0.43 27.09 405,530 Medicure Inc - 0.05 2.40 4,850 Miraculins Inc 0.01 0.11 222,000 New Flyer Industries Inc - 0.06 15.26 118,618 Nordic Oil & Gas Ltd - 0.01 0.01 1,260,000 North West Co Inc - 0.07 24.11 78,888 Novra Technologies Inc nil 0.06 0 People Corporation - 0.02 3.82 25,100 Pollard Banknote Ltd - 0.04 7.46 1,500 Ridley Inc - 0.01 40.45 10,250 San Gold Corp - 0.01 0.01 303,142 Sgx Resources Inc nil 0.01 0 Temple Hotels Inc - 0.04 2.57 520,056 Victory Nickel Inc nil 0.07 19,912 Wildcat Exploration Ltd - 0.01 0.07 50,208 Winpak Ltd 0.22 39.75 12,708 Issuer Change Close Vol Issuer Change Close Vol ARC Resources 22.91 - 0.17 530 5.2 20.8 33.68 20.75 - 26.9 Agnico Eagle 40.75 - 0.08 924 0.9 n. a. 45.92 25.05 + 12.8 Agrium 128.94 + 0.60 152 3.3 19.5 146.51 92.81 + 25.8 Air Canada 12.54 - 0.10 2196 n. a. 26.7 13.35 6.52 + 52.6 Aliment B SV 46.75 + 1.41 590 0.4 23.2 51.83 28.50 + 56.8 Amaya Inc 32.63 + 2.04 1285 n. a. 62.8 39.25 7.42+ 347.6 BCE 53.24 + 0.33 909 4.9 18.9 60.20 46.43 + 7.2 B2Gold 2.06 + 0.03 8456 n. a. n. a. 3.25 1.65 - 33.3 Bank of Mtl 77.48 - 0.14 1031 4.1 12.2 85.71 72.87 + 2.5 Bank of NS 65.17 + 0.08 956 4.2 11.4 74.93 60.75 - 2.7 Barrick Gold 15.81 - 0.03 2301 1.5 n. a. 21.14 11.67 - 16.5 Baytex Energy 20.32 - 1.13 1540 5.9 n. a. 49.88 14.56 - 55.1 BlackBerry 12.39 + 0.11 1472 n. a. n. a. 15.10 7.78 + 54.9 Bombrdr B SV 2.68 + 0.13 8034 n. a. n. a. 4.43 2.26 - 36.2 Bonavista En 8.86 - 0.14 1536 4.7 n. a. 17.18 5.62 - 46.9 BrkfldAsst LV 43.69 + 0.37 926 1.3 10.7 48.64 30.567 + 38.1 CCL Inds B NV 149.19 + 1.22 88 1.0 22.1 158.54 97.00 + 42.5 CGI Group SV 51.95 + 0.65 660 n. a. 17.5 57.69 36.08 + 41.1 CI Financial 35.75 - 0.05 541 3.7 18.5 36.25 30.56 - 1.1 Cameco 20.65 + 0.08 540 1.9 n. a. 23.26 16.73 - 6.0 CIBC 94.62 - 0.17 763 4.5 13.0 107.37 88.04 - 2.6 Cdn Natl Rail 73.57 - 0.54 2377 1.7 18.5 88.89 63.78 + 14.1 Cdn Natrl Res 37.80 - 0.49 1827 2.4 13.5 49.57 31.00 - 14.8 Cdn Oil Sands 11.09 - 0.30 1934 1.8 50.4 24.68 6.01 - 52.6 Cdn Pac Rail 213.95 - 0.31 576 0.7 23.7 247.56 172.52 + 22.2 Cdn Tire A NV 128.11 + 1.67 206 1.6 17.1 137.48 100.01 + 18.7 Capital Power 24.84 - 0.18 435 5.5 69.0 28.71 23.77 - 2.8 Catamaran 72.26 + 0.37 1166 n. a. 36.7 76.21 44.17 + 55.9 Cenovus Enrg 20.57 + 0.21 1769 5.2 n. a. 34.79 18.72 - 34.7 ConcordiaHlth 85.25 + 0.37 223 0.4 n. a. 104.74 29.60+ 185.1 ConstlltnSftw 497.00+ 12.02 34 1.0 69.0 503.43 232.59+ 102.2 CrescentPoint 29.43 - 0.19 1147 9.4 24.1 48.68 21.20 - 33.0 DH Corp 40.63 + 0.15 329 3.2 26.2 43.25 29.85 + 25.9 DHX MediaB 9.40 + 0.90 1576 0.6 n. a. 10.58 4.88 + 80.1 Detour Gold 13.68 + 0.02 1159 n. a. n. a. 15.62 6.02 + 21.1 Dollarama 71.70 + 0.67 178 0.5 32.3 74.48 43.69 + 56.7 Eldorado Gold 6.20 nil 3398 0.3 57.4 9.68 5.45 - 5.8 Element Finl 18.00 + 0.72 3585 n. a. n. a. 18.09 11.50 + 28.6 Emera 41.23 + 0.60 374 3.9 16.4 43.62 33.30 + 20.3 Enbridge 60.44 - 0.60 992 3.1 n. a. 66.14 47.43 + 16.5 EnCana 16.50 + 0.20 1688 2.0 3.0 26.85 13.31 - 33.6 Enerplus 12.71 - 0.35 892 4.7 8.7 27.05 9.02 - 46.3 FairfaxFin SV 610.01 - 9.60 30 2.0 10.6 739.00 488.31 + 20.1 First Quantum 18.44 + 0.35 1815 0.5 14.8 27.29 9.89 - 18.8 Fortis 38.34 - 0.09 287 3.5 26.3 42.23 31.26 + 18.5 Franco- Nevada 65.78 + 0.37 443 0.2 92.9 74.10 49.28 + 23.0 GDI Integrate 18.50 n. a. 3051 n. a. n. a. 19.24 18.40 n. a. Gildan Actvwr 39.36 + 2.25 1411 0.8 n. a. 40.25 28.45 + 33.3 Goldcorp 23.49 + 0.25 2679 3.1 n. a. 32.32 19.18 - 14.6 Grt- West Life 36.50 + 0.26 362 3.6 13.7 37.64 28.61 + 19.2 Husky Energy 24.67 - 0.19 821 4.9 31.6 37.28 21.39 - 32.6 Imperial Oil 48.83 - 0.35 384 1.1 12.7 57.96 44.08 - 8.7 Intact Finl 89.72 + 0.82 134 2.4 15.1 95.77 70.52 + 26.2 Inter Ppln 31.51 + 0.72 1300 4.7 28.4 38.95 27.13 + 4.1 Intertain Grp 18.20 + 0.61 2113 0.2 n. a. 18.25 4.29+ 309.4 Keyera 42.28 - 0.35 479 3.3 30.5 49.92 34.495 + 13.2 Kinross Gold 3.03 - 0.02 16320 n. a. n. a. 4.81 2.27 - 31.0 Legacy O+ G 2.75 - 0.02 4724 n. a. n. a. 10.03 1.17 - 67.2 Linamar 82.26 + 0.18 227 0.5 15.0 84.13 48.13 + 29.5 Loblaw Cos 63.38 + 0.59 573 1.6 n. a. 66.88 45.64 + 33.5 METRO 35.67 + 1.04 1009 1.3 19.2 37.10 21.333 + 55.7 Magna Intl 67.36 + 0.46 789 1.6 12.1 69.71 46.445 + 24.6 Manitoba Tele 27.09 + 0.43 406 4.8 15.9 33.10 23.13 - 14.4 Manulife Finl 22.91 - 0.01 2422 3.0 13.0 23.25 18.91 + 12.6 Methanex 70.41 + 0.73 264 1.9 17.4 77.82 48.97 + 5.8 National Bank 49.16 + 0.19 510 4.1 11.2 55.50 44.15 + 7.4 Onex SV 69.81 + 0.80 207 0.3 n. a. 75.94 58.27 + 10.8 Open Text 57.76 + 0.27 284 1.7 23.0 76.71 49.91 + 13.1 Pac Rubiales 6.01 + 0.02 2502 13.2 n. a. 23.86 2.54 - 66.8 Pembina Ppln 40.30 - 0.62 503 4.5 42.4 53.04 36.16 - 11.4 Potash Corp 38.73 + 0.14 866 4.7 17.2 47.10 35.245 - 4.2 PrairieSky Rt 32.43 - 0.73 398 4.0 n. a. 42.60 23.06 n. a. Precisn Drill 8.27 - 0.16 1394 3.4 n. a. 15.65 5.70 - 38.9 Raging Riv Ex 9.07 - 0.20 1213 n. a. 18.7 11.25 5.58 - 11.0 Rstrnt Brand 49.91 + 0.84 504 0.5 n. a. 57.11 34.02 n. a. RioCan REIT 29.24 + 0.22 714 4.8 16.0 30.25 25.11 + 6.2 RogerCom B NV 42.77 + 0.31 795 4.5 17.1 47.50 40.72 - 4.8 Royal Bank 78.88 + 0.44 1399 3.9 12.5 83.87 71.74 + 7.3 SEMAFO 3.88 + 0.03 4224 n. a. 53.9 5.48 2.39 - 0.8 SNC- Lavalin 43.78 + 0.42 309 2.3 5.0 59.63 36.24 - 15.8 Shaw Com B NV 26.69 + 0.04 652 4.4 16.0 31.93 26.19 - 1.7 ShawCor 35.97 - 1.74 305 1.7 23.2 60.63 33.52 - 33.8 Silver Wheatn 24.62 - 0.20 928 1.0 43.7 29.98 18.92 + 2.2 Sun Life Finl 40.49 - 0.14 1372 3.8 13.8 43.44 35.73 + 7.8 Suncor Energy 36.30 + 0.06 1717 3.1 61.5 47.18 30.89 - 15.7 TELUS 41.54 - 0.07 640 4.0 17.5 45.14 37.13 + 3.1 TORC O & G 9.65 - 0.33 1579 5.6 n. a. 16.33 6.48 - 29.1 Tahoe Res 17.57 + 0.59 1168 1.6 21.9 30.15 13.19 - 28.4 Teck Res B SV 16.74 - 0.13 1619 1.8 26.6 26.98 12.46 - 33.8 ThomsonReuter 48.90 + 0.95 1010 3.3 17.0 53.00 37.24 + 23.7 TD Bank 55.48 + 0.14 1679 3.7 13.3 58.20 49.67 + 6.1 TransCanada 53.61 + 0.12 728 3.9 22.1 63.86 49.30 + 4.8 TricanWellSvc 4.13 - 0.19 2558 7.3 n. a. 18.19 3.03 - 74.0 Valeant Pharm 267.35 + 4.01 336 n. a. 74.0 274.55 116.01 + 93.4 Veresen 18.59 - 0.09 950 5.4 66.4 19.80 13.52 + 16.7 VermilionEnrg 55.07 - 0.53 350 4.7 35.3 78.24 44.05 - 23.6 West Fraser 65.64 + 0.87 188 0.4 23.4 78.55 46.15 + 23.2 WestJet Airl 26.80 - 0.07 437 2.1 10.2 34.95 23.73 + 10.7 Weston George 102.08 + 2.17 109 1.7 n. a. 107.01 77.75 + 23.4 Whitecap Res 14.12 - 0.17 1150 5.3 7.2 18.70 9.75 - 3.2 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.0932 Australia dollar 0.9694 Chinese yuan 0.1934 Denmark krone 0.1828 Dominican peso 0.0268 Euro 1.3655 Hong Kong dollar0.1548 India rupee 0.0189 Japan yen 0.0101 S. Korea won 0.0011 Mexico peso 0.0795 Pakistan rupee 0.0118 Russia rouble 0.0240 Sri Lanka rupee 0.0090 Sweden krona 0.1453 Switzerland franc1.3128 Taiwan dollar 0.0393 U. A. E. dirham 0.3265 U. K. pound 1.8904 U. S. dollar 1.1995 C A N A D I A N D O L L A R US83.34¢ - US0.22¢ Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities FUTURES TRADING CANOLA: May ’ 15 0.00 0.00 0.00 471.20 461.50 July 454.60 457.00 452.10 456.20 454.50 Nov. 447.10 450.90 446.00 450.20 447.50 Jan. ’ 16 448.30 452.70 448.30 451.90 449.50 March 0.00 0.00 0.00 451.20 448.80 May 0.00 0.00 0.00 451.70 449.30 July 0.00 0.00 0.00 451.70 449.30 Nov. 0.00 0.00 0.00 446.50 444.10 Jan. ’ 17 0.00 0.00 0.00 447.20 444.80 March 0.00 0.00 0.00 447.20 444.80 May 0.00 0.00 0.00 447.20 444.80 BARLEY ( WESTERN): May ’ 15 0.00 0.00 0.00 192.00 195.00 July 0.00 0.00 0.00 194.00 197.00 Oct 0.00 0.00 0.00 177.00 180.00 Dec 0.00 0.00 0.00 182.00 185.00 Mar ’ 16 0.00 0.00 0.00 182.00 185.00 May 0.00 0.00 0.00 182.00 185.00 July 0.00 0.00 0.00 182.00 185.00 Oct 0.00 0.00 0.00 182.00 185.00 Dec 0.00 0.00 0.00 182.00 185.00 Mar ’ 17 0.00 0.00 0.00 182.00 185.00 May 0.00 0.00 0.00 182.00 185.00 WINNIPEG ( CP) — Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. T H E M A R K E T S O N 0 5 . 1 4 . 1 5 SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ OTTAWA — Canadians are now using cash for fewer than half of their transactions, a survey done for the Bank of Canada suggests. Instead, shoppers are increasingly reaching for their credit cards and new technology that allows customers to just tap their card and pay. The research by the central bank’s Ben Fung, Kim Huynh and Gerald Stuber was included as part of the spring edition of the Bank of Canada Review on Thursday. “ Innovation in retail point- of- sale and online payment systems continues to be significant, particularly in enhancing the speed and convenience of the payment process for lower- value transactions, an area where cash still dominates,” the authors wrote. “ Contactless credit cards, in particular, are seeing strong growth in use, while Interac debit cards with the tapand- go feature are at a relatively early stage of market development.” A 2013 method- of- payment survey found credit card use increased to nearly 31 per cent compared with roughly 19 per cent in 2009. Debit card usage slipped to 21 per cent from nearly 25 per cent. Cash accounted for about 44 per cent of the transactions, down about 10 percentage points from a 2009 review. The use of cash was lower in younger people, but all age groups surveyed saw their use of bills and coins slip below the 50 per cent mark in terms of the number of transactions they did. However, cash has held its ground as a percentage of the total value of payments at about 23 per cent. — The Canadian Press N EW YORK — An apparently bogus offer to take over Avon Products that appeared on a regulatory website sent its stock on a wild ride Thursday and raised questions about the security of the online service, a trusted source of news for investors. Shares of Avon jumped as much as 20 per cent after the takeover offer appeared on the website maintained by the Securities and Exchange Commission, a regulator that oversees stock markets. But investors soon began to doubt the offer was real, and the stock gave up much of that gain. A company calling itself PTG Capital Partners said in a document filed with the SEC it would pay US$ 8 billion for Avon, an enormous premium for investors in the cosmetic giant. But Avon said it had received no takeover offers and couldn’t even confirm if PTG exists. Calls to PTG, which claimed London as its headquarters in the filing, went unanswered. The SEC’s filing system is a trusted source for investors seeking important and timely disclosures from companies that can affect stock prices. The fact a seemingly fake filing about a major company managed to get posted through the SEC came as a big surprise to many in the markets. Robert Heim, a former lawyer at the SEC, said a handful of fake filings turn up every year, but they often involve companies that don’t exist. This one, which he described as a “ blatant hoax,” was the first he’s heard of that moved the stock of such a big company. “ The SEC has so many forms being filed, I don’t think it can check every one,” Heim said. “ But I think they could do a better job acting as a gatekeeper.” The entity calling itself PTG said it had submitted a bid of US$ 18.75 per share to the board at Avon. That was almost triple the stock’s closing price Wednesday. The filing contained many red flags, raising questions about its authenticity, including numerous typographical errors and two different spellings of the company’s own name. That would be highly unusual in an authentic regulatory filing, which would receive close scrutiny from companies before being posted. Another former SEC lawyer said using the agency’s filing service to push up a stock would be a brazen act, much like using unwitting police officers to pull off a heist. “ It’s not some bogus blog post that’s gone through 15 different countries and servers,” said Jordan Thomas, now a partner at Labaton Sucharow. “ Any time you put out false information in the marketplace, you leave a trail that can be followed by law enforcement. This trail goes right through the SEC.” The SEC declined to comment. The agency requires companies to make various kinds of disclosures through regulatory filings so investors can review them. Takeovers, quarterly financial reports and offers to sell stock to the public must be posted to the SEC’s filing service. When making filings, companies must first submit papers with the agency with notarized signatures of executives to secure a code that allows them to make the filings electronically, said Heim, who is now at Meyers & Heim in New York. But the vetting, he added, pretty much ends there. A bid for Avon, which has had serious struggles recently, would not be surprising, and it has happened in recent years, lending initial credence to the filing. The company has reported three consecutive years of losses and declining revenue. It has eliminated jobs and taken other actions to cut costs. In addition to typos and garbled sentences, words used in the filing matched almost word- for- word the language used by a legitimate company, TPG Capital, a major private equity firm based in Fort Worth, Texas, to describe itself on its website. The filing gave PTG’s address as 125 Old Broad Street in London, a 26- floor glass building in the city’s financial district. But PTG is not listed as a tenant on the building’s website. — The Associated Press Will that be Avon cash or...? Nope wasn’t calling, after all Fake takeover offer posted on website By Bernard Condon and Marley Jay ELISE AMENDOLA / THE ASSOCIATED PRESS FILES Avon shares went on a wild ride Thursday as investors reacted to bogus news. B_ 07_ May- 15- 15_ FP_ 01. indd B7 5/ 14/ 15 7: 32: 35 PM

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