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Nov 27, 2014

TSX energy shares plummet after OPEC holds output

TORONTO, Nov 27 (Reuters) – Canada’s main stock index
declined on Thursday as oil prices plunged after the outcome of
an Organization of the Petroleum Exporting Countries meeting
disappointed investors, dragging down shares of energy
producers.

The OPEC meeting was the market’s focus as it came after
months of depressed oil prices, which have been weighed by
concerns about increasing supply and sluggish demand for the
commodity.

Nov 27, 2014

TSX drops as energy shares dive after OPEC meeting

TORONTO, Nov 27 (Reuters) – Canada’s main stock index fell
on Thursday as the outcome of an Organization of the Petroleum
Exporting Countries meeting hit oil prices, weighing on shares
of energy producers and offsetting gains in most of the sectors.

The OPEC meeting was the market’s focus as it came after
months of depressed oil prices, which have been weighed by
concerns about increasing supply and sluggish demand for the
commodity. The cartel did not announce the output cut investors
were hoping for. Oil prices tumbled to a four-year low.

Nov 26, 2014

OPEC meeting in focus as energy shares drag TSX down

TORONTO, Nov 26 (Reuters) – Canada’s main stock index fell
on Wednesday as the shares of energy producers dropped with oil
prices, with investors looking ahead to the outcome of an
Organization of the Petroleum Exporting Countries meeting later
this week.

The meeting is significant as it comes after months of
volatility in the price of oil, which has plummeted over
concerns about an imbalance in the commodity’s supply and
demand.

Nov 26, 2014

TSX slips as energy shares drop ahead of OPEC meeting

TORONTO, Nov 26 (Reuters) – Canada’s main stock index
declined on Wednesday as shares of energy producers dropped with
oil prices ahead of an Organization of the Petroleum Exporting
Countries meeting later this week.

The meeting is significant as it comes after months of
volatility in the price of oil, which has plummeted over
concerns about an imbalance in the commodity’s supply and
demand.

Nov 25, 2014

TSX rises as gold miners jump, U.S. data supports

TORONTO, Nov 25 (Reuters) – Canada’s main stock index
climbed on Tuesday as weakness in the U.S. dollar help drive up
the bullion price and shares of gold miners, while positive U.S.
economic data boosted most other sectors.

U.S. growth was stronger than initially thought in the third
quarter, data released on Tuesday showed, due largely to upward
revisions to business- and consumer-spending figures.

Nov 25, 2014

TSX advances as U.S. data drives broad gains

TORONTO, Nov 25 (Reuters) – Canada’s main stock index shot
higher on Tuesday as strong U.S. economic growth data drove
gains in most of its major sectors.

U.S. growth was stronger than initially thought in the third
quarter, data released on Tuesday showed, due to upward
revisions to business- and consumer-spending figures.

Nov 24, 2014

Energy shares pull TSX lower; Hudson’s Bay jumps

TORONTO, Nov 24 (Reuters) – Canada’s main stock index
dropped on Monday after a six-day winning streak, as a decline
in the price of oil hit shares of energy producers and weakness
in the bullion price weighed on the gold-mining sector.

Gains in railways and a surge in Hudson’s Bay Co,
which outlined a $1.25 billion refinancing plan, gave investors
some cause for cheer even as the index edged lower.

Nov 19, 2014

Hedge fund Livermore calls for board change at Volt Information

Nov 19 (Reuters) – Hedge fund Livermore Partners is pushing
for change at U.S. staffing services provider Volt Information
Sciences Inc , setting the stage for a potential
proxy battle if the company does not act on its demands.

The fund called on Wednesday for Volt to overhaul its board
by adding independent directors. It also wants it to sell
non-core assets and buy back stock, said David Neuhauser,
Livermore’s managing director.

Oct 30, 2014

Energy company Seven Generations set to raise C$810 million in IPO

TORONTO, Oct 30 (Reuters) – Seven Generations Energy Ltd
is poised to raise C$810 million ($724.31 million) via
an initial public offering that priced at the lower end of a
previously anticipated range, according to regulatory documents.

The independent petroleum company, which is selling some 45
million shares, priced the share offering at C$18, compared with
an earlier projected range of C$17 to C$21. The offering is set
to value the company at over C$5 billion.

Oct 10, 2014

Exclusive: U.S. DEA ‘most interested’ in U.S. investors in Canadian marijuana firms

LOUIS (Reuters) – U.S. investors in Canada’s medical marijuana industry are betting they won’t fall under the scrutiny of U.S. law enforcement officers – but it’s a risky bet.

With marijuana still illegal on a federal level in the United States, American investors in Canadian medical marijuana can be seen as violating the Controlled Substances Act, according to some U.S experts. And the use of the banking system to transfer the proceeds of such investments could be seen as money laundering.