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Alleged agreement between Chesapeake Energy and EnCana Corporation to ...
Recently published reports of land acquisition activities between Chesapeake Energy and EnCana senior executives will likely expose those companies to a Department of Justice (DOJ) antitrust investigation and challenge, as well as, if accurate, civil ...
Encana swings into red on impairment charge
Encana Corp, which faces antitrust investigations following a Reuters report that it colluded with Chesapeake Energy Corp to lower the price of Michigan exploration lands, reported a second-quarter net loss on Wednesday as it wrote down assets because ...
Exclusive: Encana tipped off Chesapeake to land plans in Michigan - Emails
As Chesapeake Energy Corp and Encana Corp face antitrust investigations, emails reviewed by Reuters indicate that top executives of the two rivals shared sensitive information that gave Chesapeake the upper hand in deals with Michigan land owners.
Nexen deal could mark open season on Canada's energy producers
Inventory of energy majors that are still mostly Canadian-owned is growing scarce, though analysts say two of the largest that remain - Encana Corp. and Talisman Energy Inc. - would become particularly vulnerable in a relaxed foreign takeover ...
Corporations need to boost dividends to save the Canadian economy
Darryl Dyck/The Canadian PressCanadian businesses are sitting on record cash piles. A sudden increase in dividends from even a small portion of Canadian companies could be enough to fuel economic growth in Canada.
Cyclical dividend stocks: More than tempting treats
Companies in sectors like energy, materials and industrials are subject to the ups and downs of the economy, and that adds an element of risk to their dividends.
RBC hikes Couche-Tard target by $10 on Statoil acquisition
RBC has hiked its price target on convenience store operator Alimentation Couche-Tard, following the company's completed acquisition of Norwegian retail chain Statoil Fuel & Retail.
OSC lays quasi-criminal charges in case involving Kazakhstan pension
Canada's biggest capital markets regulator alleges that between April of 2009 and April of 2010, Berik Yessirkegenov “misrepresented” to a Kazakhstan pension fund that Mr. Yessirkegenov's firm, North American Business Equipment Corporation (NABEC), ...
Cogeco hit by downgrades after $1.36B Atlantic gamble
Shares in Cogeco Cable Inc. fell again Thursday after a precipitous double-digit decline a day earlier when the cable company announced a $1.36-billion acquisition of mid-sized U.S. operator, Atlantic Broadband Inc. The country's fourth-largest cable ...
Low fuel prices, high demand to lift Canadian carriers
Reuters Lower fuel prices and strong demand will provide some lift for Canadian airlines in the second quarter, in particular at WestJet Airlines Ltd.