Correspondent, Toronto, Canada
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May 21, 2014
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May 9, 2014

Toronto Stock Exchange parent’s profit rises 23 percent

TORONTO (Reuters) – TMX Group Ltd (X.TO: Quote, Profile, Research, Stock Buzz), the operator of the Toronto Stock Exchange, reported a 23 percent rise in first-quarter profit on Friday as a budding recovery in trading activity picked up speed.

The company said higher trading and clearing volumes were complemented by cost savings and lower financing costs after restructuring its long-term debt last year.

May 8, 2014

Canada’s Telus fires on all cylinders; Quebecor results mixed

TORONTO, May 8 (Reuters) – Telus Corp, one of
Canada’s largest telecommunications companies, churned out
another solid quarter of earnings growth on Thursday, raising
its dividend on wireless strength and further expansion of its
Internet-based television product, Optik.

Meanwhile, regional operator Quebecor Inc handed
in a mixed report card, with customer losses in cable TV and
telephony and slow growth in Internet.

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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