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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.
Struggling Sears Canada reports loss as revenue slides  The Globe and Mail
Sears Canada Reports Second Quarter Results  Wall Street Journal
Chicago Tribune   Related articles »  
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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Target cuts full-year profit forecast
Target Corp. reported a 62 per cent drop in second-quarter profit and cut its full-year earnings forecast as it resorts to price cuts to attract cash-strapped consumers and win over shoppers unnerved by a massive holiday-season data breach.
Target Lowers Earnings Outlook, Still Reeling From Data Breach  Wall Street Journal
Target lowers outlook, reeling from data breach  MarketWatch
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Ontario losing money to liquor monopoly, study finds
TORONTO -- Ontario could reap more money from booze sales and consumers could pay less for alcohol if the provincial government opened up the business to more retailers, a new report found.
Time to end alcohol retail monopolies in Ontario, report says  Hamilton Spectator
Province urged to license more beer, wine retailers  CBC.ca
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Couche-Tard denies reports its mulling stake in Sinopec
MONTREAL´┐ŻAlimentation 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 Profit Tops Estimates as Appliances Sales Rise
Lowe's Cos. Chief Executive Officer Robert Niblock has added more workers to stores and merchandise with wider profit margins as rising property prices spur people to spend more on their homes.
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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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 ´┐Ż 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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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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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 Burnaby's permission to access land: NEB  Burnaby NewsLeader
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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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