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Canadian markets news

HSBC Bank Canada reports drop in second-quarter profit
VANCOUVER—HSBC's Canadian subsidiary says its second-quarter profit was down 6.2 per cent from the same period of 2014 to $227 million.
HSBC Bank Canada's second-quarter profit drops 6.2% from a year ago  Financial Post
Farley Mowat refloated at Shelburne wharf
A Canadian Coast Guard member walks across the wharf after the successful operation to raise the Farley Mowat from the bottom of Shelburne Harbour.
MV Farley Mowat raised in Shelburne Harbour  CBC.ca
MV Farley Mowat raised off bottom of Shelburne Harbour  TheChronicleHerald.ca
German car makers buy Nokia maps to fend off digital rivals
German car makers BMW, Audi and Mercedes, will pay around €2.5-billion ($2.8-billion U.S.) to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars.
German carmakers buy Nokia mapping  The Daily Star
Audi, Mercedes, BMW team up to buy Nokia's Here maps  Hindustan Times
First Nickel Reports Incident at Lockerby Mine
TORONTO, ONTARIO, Aug 03, 2015 (Marketwired via COMTEX) -- First Nickel Inc. ("First Nickel", "FNI" or the "Corporation") (FNI) announces that an explosion was experienced underground at the Lockerby mine on Sunday morning.
Explosion at Sudbury's First Nickel injures workers  CBC.ca
More trouble for Sudbury's Lockerby Mine  The Sudbury Star
Community Health to spin off 38 hospitals
Aug 3 Community Health Systems Inc, the second-largest publicly traded hospital operator, on Monday said it plans to spin off 38 hospitals and a consulting business into a separate company.
Community Health Systems Announces Plans to Spin off 38 Hospitals and Quorum ...  MarketWatch
Community Health to spin off 38 hospitals into new company (CYH)  Seeking Alpha
Gildan Activewear Inc (GIL) Issues Q4 Earnings Guidance
Gildan Activewear logo Gildan Activewear Inc (NYSE:GIL) updated its fourth quarter earnings guidance on Saturday. The company provided EPS guidance of $0.51-0.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.58, ...
Is the Earnings-Induced Sell-Off in Gildan Activewear Inc. Warranted?  The Motley Fool Canada
Gildan Activewear Receives Consensus Recommendation of "Buy" from ...  WKRB News
Why trans fat is killing Indonesia's rainforests
When the U.S. Food and Drug Administration announced a ban on trans fat in June, it was hailed as a major public health victory. Trans fat, after all, has been linked to heart disease and strokes, the two top causes of death in the United States.
Can we save forests and produce palm oil? Scientists seek answers  Times of Malta
Match 'ethical' coffee with 'forest-friendly' food ...  eco-business.com
Lebanon's Trash Crisis Worsens Amid Rising Heat, Anger
It's summer in this proud Mediterranean city, with celebrities and Lebanese expats flocking to international festivals and parties at Beirut's beaches and nightclubs.
Lebanon's trash crisis set to worsen amid summer heat, rising fury on ...  News1130
Israel's Nice Systems sells video surveillance unit to Battery Ventures for ...
JERUSALEM: Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business ...
Battery Ventures buys NICE Systems unit for $100m  Globes
Form 6-K NICE SYSTEMS LTD For: Aug 03  StreetInsider.com
AIG Doubles Dividend, Lifts Buyback as Profit Tops Estimates
American International Group Inc. more than doubled its dividend and increased its share buyback by $5 billion after asset sales helped build up cash, even as results slumped at some of the main insurance operations.
AIG Reports Second Quarter 2015 Net Income of $1.8 Billion and Diluted ...  Digital Journal
AIG Profit Tops Estimates; To Buyback Addl. $5 Bln Stock, Lifts Dividend  Nasdaq