Home » November 9th, 2011 Entries posted on “November, 2011”

Cameco might up Hathor bid

Hathor Explorations

  BIG uranium producer Cameco has left open the option to come back with an increased offer for fellow Canadian Hathor Exploration, in opposition to Rio Tinto’s $C578 million ($A549 million) white-knight bid for the company. In briefings with analysts, Cameco would say only that it had extended its $C3.75 a share offer until November […]

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Boralex to sell five U.S. power plants


  Boralex Inc. is to sell five U.S. woodresidue power stations for about $93 million U.S., the Quebec-based company said Monday. The “binding agreement” with ReEnergy Holdings LLC, of New York, involves plants in Maine and New York with a combined capacity of 186 megawatts. The deal should yield after-tax proceeds of about $81 million […]

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OPEC raises oil demand view, says risk to downside

  LONDON/VIENNA (Reuters) – Oil producer group OPEC is investing in new supplies to meet rising consumption, even as it sees the risk to the demand outlook as being on the downside because of Europe’s sovereign debt crisis and a slowing global economy. The Organization of the Petroleum Exporting Countries in its 2011 World Oil Outlook […]

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TMX Earnings Beat Views


  By JUDY MCKINNON Toronto Stock Exchange operator TMX Group Inc., which supports a 3.8 billion Canadian dollar (US$3.75 billion) plan to be taken over by a group of Canada’s largest financial institutions, posted a 21% improvement in third-quarter earnings, beating analyst expectations. TMX said results in its latest quarter were fueled by higher revenue from trading and […]

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