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National Business
OpenText divesting AMC business to Rocket Software for US$2.3 billion
OpenText Corp. says it's divesting its AMC business to Rocket Software, Inc. for US$2.275 billion in cash. The Waterloo, Ont.-based company says it has reached a definitive agreement with Rocket, a Bain Capital portfolio company.
Nov 28, 2023 6:38 PM
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Coastal GasLink pipeline mechanically complete before year-end deadline
VANCOUVER — The Coastal GasLink pipeline that stretches across northern B.C. is mechanically complete ahead of the company's year-end deadline. A statement from TC Energy Corp.
Nov 28, 2023 6:36 PM
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Alimentation Couche-Tard reports net earnings of US$819.2 million in second quarter
LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings for the second quarter were US$819.2 million, up from US$810.4 million a year earlier. The Laval, Que.-based company says total merchandise and service revenues were US$4.
Nov 28, 2023 6:21 PM
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Charlie Munger, Warren Buffet's longtime sidekick at Berkshire Hathaway, dies at 99
OMAHA, Neb. (AP) — Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. He was 99.
Nov 28, 2023 5:30 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,036.77, up 4.11 points): Suncor Energy Inc. (TSX:SU). Energy. Up 58 cents, or 1.32 per cent, to $44.52 on 12.0 million shares.
Nov 28, 2023 4:54 PM
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Energy stocks help S&P/TSX composite eke out gain, U.S. markets rise
TORONTO — Canada's main stock index eked out a gain Tuesday as strength in energy and base metals helped offset softness across the rest of the market, while U.S. markets also rose. The S&P/TSX composite index closed up 4.11 points at 20,036.77.
Nov 28, 2023 4:45 PM
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Liz Rodbell to take over as president and CEO of Hudson's Bay
TORONTO — Hudson's Bay says Liz Rodbell will take over as president and CEO of the company, returning to the helm after serving as president from 2013 to 2017. The Canadian retail arm of Hudson's Bay Co.
Nov 28, 2023 4:39 PM
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First Quantum suspends commercial operations at Cobre Panama mine after Panama court declares contract unconstitutional
PANAMA CITY (AP) — First Quantum Minerals Ltd. is suspending operations at its Cobre Panama mine as intense environmental protests block crucial accesses to the site.
Nov 28, 2023 4:21 PM
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Porter, Air Transat launch joint venture to gird against domestic competition
MONTREAL — Porter Airlines and Air Transat have announced a joint venture, as the two carriers look to expand their range of destinations, tap each other's markets and gear up for a battle with Canada's biggest carrier.
Nov 28, 2023 4:13 PM
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Stock market today: Wall Street drifts to a mostly higher close and Treasury yields fall
NEW YORK — Stocks drifted to a mostly higher close following a strong report on consumer confidence and growing hopes that the Federal Reserve is finished with its aggressive interest rate hikes. The S&P 500 rose 0.1% Tuesday.
Nov 28, 2023 4:03 PM
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