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Business
Thursday September 02, 2010
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TSX up, supported by miners, bank stocks even as TD narrowly misses forecasts
TORONTO - The Toronto stock market was higher Thursday as further signs of U.S. economic growth helped lift commodity prices while bank stocks ran ahead even as TD Bank (TSX:TD) delivered quarterly earnings that narrowly missed...
Dell ends bidding contest over data-storage maker 3Par, will not match HP's $2.07B offer
SEATTLE - Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc....
Better times ahead for Canada's oil companies with expected $8.4B profit in 2010
CALGARY - A business think-tank sees rosier times ahead for Canadian oil producers, who are expected to reap $8.4-billion in profits this year as the world economy recovers from the recession and energy demand picks up....
3G Capital to acquire Burger King for $24 per share, or $3.26 billion
MIAMI - Burger King Holdings Inc. (NYSE:BKC) is selling itself to private equity firm 3G Capital in a deal valued at US$3.26 billion....
Xstrata's proposed acquisition of Noranda falls through; Noranda units drop
TORONTO - The Noranda Income Fund (TSX:NIF.UN) lost more than seven per cent of its value Thursday after the takeover of the company by global miner Xstrata Zinc fell through....
Saskatchewan says Conference Board of Canada will review PotashCorp bid
REGINA - Saskatchewan's Energy and Resources minister says the Conference Board of Canada will conduct an independent analysis of a proposed takeover of PotashCorp (TSX:POT)....
