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Canadian markets news

Sears Canada widens Q2 loss to $21.3 million
TORONTO - Sears Canada Inc. (TSX: SCC) reported a net loss of $21.3 million, or 21 cents per share, in the second quarter, compared to a profit of $152.8 million, or $1.50, in the same period last year.
Sears Canada reports loss, revenue slides 12 pct  Reuters
Struggling Sears Canada swings to loss as revenue slides  bnn.ca
Wall Street Journal   Related articles »  
Target's earnings plunge more than 60 per cent
NEW YORK�Target has slashed its annual profit outlook as the retailer continues to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the U.S.. The nation's third-largest retailer also said Wednesday that its ...
Target Lowers Earnings Outlook, Still Reeling From Data Breach  Wall Street Journal
Target lowers outlook, reeling from data breach  MarketWatch
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Futures point to flat open for TSX
(Reuters) - Stock futures pointed to a flat opening for Canada's main stock index on Wednesday as investors found few reasons to continue buying in the absence of any major economic catalyst.
CANADA STOCKS-TSX hits 2-1/2 week high on US economic data  Reuters
PowerShares Canada announces cash distributions for TSX-listed ETFs  MarketWatch
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Couche-Tard denies reports its mulling stake in Sinopec
MONTREAL�Alimentation Couche-Tard Inc. says it has no plans to buy a minority stake in China's Sinopec Ltd. The Quebec-based operator of convenience stores and filling stations in North America, Europe and Asia, denied media reports that it was ...
UPDATE 3-Canada's Couche-Tard makes short-list in $16bln Sinopec unit ...  Reuters
No plans to buy a minority stake in China's Sinopec: Couche-Tard says  Montreal Gazette
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Lowe's Trims Annual Sales Forecast Growth
Lowe's Cos. (LOW), the second-largest U.S. home-improvement retailer, trimmed its full-year revenue forecast after sales of appliances and yard merchandise helped it beat profit estimates in the second quarter.
Lowe's Trims Guidance Even as Results Top Expectations  Wall Street Journal
Lowe's beats expectations, but cuts sales forecast  The Globe and Mail
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Time to end alcohol retail monopolies in Ontario, report says
The "quasi-monopoly" LCBO and The Beer Store have hosed Ontario consumers long enough, a C.D. Howe Institute report says.
Break up Beer Store 'quasi-monopoly,' study urges  CANOE
Province urged to license more beer, wine retailers  CBC.ca
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Top 10 most livable cities include Vancouver, Calgary and Toronto
Three Canadian cities are ranked in the top 10 of The Economist's annual ranking of the world's "most livable" cities.
Would You Move Here? The Most Livable Cities in the US � and Around the ...  Yahoo Travel
Vancouver, Toronto and Calgary among top five most livable cities in new ranking  The Globe and Mail
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Kinder Morgan doesn't need permission to study Burnaby Mountain route ...
VANCOUVER - The National Energy Board has sided with Kinder Morgan in a dispute with the City of Burnaby over access to Burnaby Mountain.
NEB rules in favour of Kinder Morgan on Burnaby Mountain route  Am730 Vancouver Traffic News
Kinder Morgan doesn't need permission to study Burnaby Mountain route: NEB  News1130
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Wynne touts 'partnership' with Ont. municipalities
Kathleen Wynne Ontario Premier Kathleen Wynne addresses delegates at the annual general meeting of the Association of Municipalities Ontario in London, Ont.
Premier: Municipal Partnerships Key  BlackburnNews.com
Province, cities can 'build each other up' premier says in London  London Community News
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Canadian Stocks Rise Most in a Month as Commodity Producers Gain
Canadian stocks rose the most in a month, as banks and energy producers rallied amid data showing growth in the U.S. housing sector and as tensions in Ukraine and Iraq eased.
Calgary oil explorer Bellatrix target of activist investor Orange Partners  Calgary Herald
Calgary's Bellatrix target of activist investor Orange Capital  Financial Post
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