TORONTO, Sept 27 (Reuters) – A deal with Russia’s Rosatom
is expected to provide MDS Nordion (MDS.TO: Quote, Profile, Research, Stock Buzz) with a key medical
isotope for at least the next 10 years, but the move is not
intended as a permanent replacement for supplies from an aging
Canadian reactor, the company said on Monday.
MDS, one of the world’s largest providers of medical
isotopes — used in cancer testing and other procedures –
spoke with analysts on Monday after signing a framework
agreement last week with Rosatom State Corp, a state-owned
TORONTO (Reuters) – Two California legislators have asked U.S. authorities to re-examine a proposed $3.3 billion merger between U.S.-based Valeant Pharmaceuticals International and Canada’s Biovail Corp, days before shareholders are to vote on the deal.
In separate letters, assemblymen Kevin de Leon and Jared Huffman asked the Securities and Exchange Commission and the U.S. Department of Justice to look again at the deal which has already received regulatory approvals.
TORONTO (Reuters) – After a resounding vote of confidence from its shareholders on Thursday, Casey’s General Stores must deliver on its strategy of rejecting a firm, $2 billion takeover bid in favor of a less certain embrace by the world’s No.1 convenience store chain.
Even though Casey’s (CASY.O: Quote, Profile, Research, Stock Buzz) investors rejected a slate of directors nominated by Alimentation Couche-Tard (ATDb.TO: Quote, Profile, Research, Stock Buzz), the Montreal-based company is unlikely to abandon its five-month effort to swallow Casey’s.
Some films are made on a $6 million budget, others with $60 million. It’s the difference between long hours on set and sipping mai tais on the patio. Just ask “The Bang Bang Club” director, Steven Silver.
“The Bang Bang Club,” was 10 years in the making, shot last year over the course of 30 days and produced on a budget of 5 million euros. It’s still waiting to be picked up by a U.S. distributor.
The Toronto International Film Festival closing ceremony has a refreshingly ego-free feel to it.
TORONTO, Sept 18 (Reuters) – In the final years of
apartheid, four South African photojournalists went to
extraordinary lengths to capture the horrors of poverty and
violence in images that made international headlines.
“The Bang Bang Club,” which had its world premiere at the
Toronto International Film Festival this week, documents how
they bore witness to the traumatic events of 1991 to 1994
leading to the end of white minority rule in South Africa.
If there’s one thing the (mostly local) media seems to do well at the Toronto International Film Festival, it’s pestering filmmakers and stars with questions about Canada, Toronto, and the festival.
Call it the Sally Field complex.
There have been some lovely and flattering comments, of course — this is a film festival, after all. But what happens when the media doesn’t get the answer they want? They’re nothing if not persistent. Undaunted. Like a dog with a bone.
Forget the weighty films about serious subjects in gorgeous settings by award-winning directors that incorporate a healthy dash of subtitles. The Toronto International Film Festival is near-bursting with those.
What some festival goers live for every year are over-the-top films that celebrate the ridiculous, the shocking and the thrilling. Films like “The Butcher, the Chef and the Swordsman”.
TORONTO, Sept 15 (Reuters) – Canada’s MDS Nordion (MDS.TO: Quote, Profile, Research, Stock Buzz),
one of the world’s largest suppliers of medical isotopes, said
on Wednesday that market demand has become uncertain following
the shutdown of a key isotope-producing nuclear reactor that
forced MDS’s customers to diversify supply.
MDS Nordion’s nuclear imaging and radiotherapy segment took
a severe hit after the Atomic Energy of Canada’s Chalk River
nuclear reactor in Ontario was shut down in May 2009 due to
safety concerns. The reactor resumed operations last month.
TORONTO, Sept 14 (Reuters) – Casey’s General Stores
(CASY.O: Quote, Profile, Research, Stock Buzz) said on Tuesday it might agree to talks with
Alimentation Couche-Tard (ATDb.TO: Quote, Profile, Research, Stock Buzz) if the Canadian company
would raise its $38.50-a-share takeover offer for the U.S.
convenience store operator.
“We are, of course, willing to extend to an interested
party the opportunity for discussions regarding a potential
consensual transaction, provided that the starting point for
such discussions is acceptable,” Casey’s said.