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Canadian markets news

Etch A Sketch sold to Toronto toy company Spin Master
A Canadian toy company is drawing up new plans for a classic children's plaything after buying the rights to the Etch A Sketch brand from its U.S.
Etch A Sketch sold to Toronto-based Spin Master by Ohio Art Co.  The Daily Courier (subscription)
Toronto toy firm Spin Master acquires classic Etch A Sketch: report  CTV News
Toledo Blade  
Premarket: Stocks nudge higher as global sell-off takes a breather, oil rises
Relative calm returned to world markets on Friday after a hurricane-force week that gave dollar/yen its biggest smashing since 2008, wiped billions off share prices and saw a stampede into top-rated government bonds and gold.
Asia's Rich Advised To Buy Yen  MarketPulse (blog)
European shares gain as bank sell-off abates, oil rebounds  Washington Post
Poll suggests support for a regulated Uber
TORONTO - An Angus Reid Institute online poll has found that most respondents don't support banning Uber, but would like to see the ride-hailing service regulated like much like the taxi industry.
Nearly two-thirds of Canadians say Uber have same regulations as taxi ...  Canadian Underwriter
Regulate Uber Like Taxis, Canadians Say In Poll  Huffington Post Canada
At the open: TSX rises as oil prices rally
Canada's main stock index rose on Friday as crude oil prices rallied and after U.S. retail sales data provided encouragement. The Toronto Stock Exchange's S&P/TSX composite index was up 149.89 points, or 1.24 per cent, at 12,237.26, shortly after the open.
North American stock markets begin Friday with step up; gold down, oil up  CTV News
Cenovus to sell up to $5-billion in securities amid oil slump
Canadian oil producer Cenovus Energy Inc. said it may sell up to $5-billion of stock, debt or other securities, a day after it announced a dividend cut, as the company shores up its balance sheet amid a slump in oil prices.
Job losses, dividend cuts and red ink as Alberta's oilpatch staggers ...  Financial Post
Cenovus plans more job cuts, spending reductions for coming year  Calgary Herald
Weak economy slowing thirst for beer in some provinces: Molson Coors
MONTREAL -- Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces.
Molson Coors says low results due to slow economy and high food prices
TransCanada reveals job cuts hit about 10% of its work force
TransCanada Corp. has revealed that job cuts hit about 10 per cent of its work force late last year, and the company's executives say layoffs at the pipeline and power company might not be over yet.
Energy east: when pipeline meets identity politics  CTV News
Pipeline giant explores new strategy to win social license, after posting ...  National Observer
Time inc bought MySpace for some reason
Internet users of a certain vintage certainly remember MySpace but its alarming to note that it originally launched in 2003 and reached its zenith in 2008, just when Facebook was on the rise.
Magazine publisher Time Inc. buys what's left of MySpace
Myspace still exists? Yes, and now Time Inc. owns it  Montreal Gazette
Canadian Pacific pursues merger talks with Norfolk Southern
Omaha, Neb.– Canadian Pacific's Chief executive officer (CEO) remains focused on merging with Norfolk Southern railroad because he believes the potential benefits are compelling, but he's ready to abandon it if shareholders don't support it.
Canadian Pacific creates website to argue for rail merger  The Daily Courier (subscription)
Carr promises First Nations collaboration on energy development
VANCOUVER - Canada's natural resources minister is promising a new relationship with First Nations on energy development and indigenous leaders are expressing cautious optimism about the new Liberal government's tone.
Carr promises energy collaboration with aboriginals  Nanaimo News Bulletin
Carr promises collaboration