Allstate (NYSE: ALL) posted its quarterly earnings results on Wednesday. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.36. The company’s revenue for the quarter was ...
Canada's private equity investment firm Onex has inked a definitive agreement to purchase USI Insurance Services from GS Capital Partners VI Fund,and certain of its affiliates(GS Capital Partners),for nearly$2.3bn. The agreement,which ...
Private investment firm TPG has signed an agreement with Investcorp to acquire heavy-duty truck and trailer parts retailer FleetPride for an undisclosed amount. The transaction, which is expected to close in the fourth quarter of 2012, is ...
TORONTO -- Canadian retailer The Hudson's Bay Co. will return to the stock market with an initial public offering of shares planned in the next few months, according to documents filed with securities regulators. HBC was last traded on ...
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Danaher Corp (DHR.N) and Cooper Industries (CBE.N) will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core ...
Tags: Market View, Power tool
Peregrine Semiconductor Corp of San Diego,CA,USA,a fabless provider of radio-frequency(RF)integrated circuits(ICs)based on silicon-on-sapphire(SOS)founded in 1990,has closed its initial public offering(announced on 7 August).In connection ...
Tags: Peregrine, USA, commissions
Peregrine Semiconductor Corp of San Diego,CA,USA,a fabless provider of radio-frequency(RF)integrated circuits(ICs)based on silicon-on-sapphire(SOS)founded in 1990,has raised$77m in its initial public offering(IPO)of 5,500,000 shares of ...
Tags: Peregrine, Semiconductor, RF, ICs, SOI
VANCOUVER - Canfor Corp. (TSX: CFP) said Thursday it will spend $40 million on capital improvement projects at its sawmills in B. C. 's Kootenay region. The company plans to spend $38.5 million on a new planer, a biomass energy system and ...
Tags: market view, lumber
Lumber futures may rise in 2012 on increased log and lumber imports by China, the world's largest purchaser, and a positive housing outlook in the U. S., said Hakan Ekstrom, president of Wood Resources International LLC. China increased ...
Tags: market view, lumber
MONTREAL - Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto to a private company for $13 million. The Montreal-based ...
Tags: market view
China's appetite for Canadian lumber has reached a peak, according to new figures from Canfor Corp. (CFP-T10.21-0.12-1.16%), the Vancouver company that pioneered sales of British Columbia wood in the country. Canfor said late Thursday that ...
Tags: market view, lumber