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Canadian markets news

Former CEOs Roth and Zafirovski settle claims with Nortel
Two former chief executives of Nortel Networks Ltd. have reached deals to settle their claims against the long-defunct technology company, with John Roth receiving $19-million and Mike Zafirovski agreeing to an $8.5-million (U.
After eight years, Nortel Canada creditors finally get something  Financial Post
Nortel Canada to start paying billions to creditors; first instalment by July  CTV News
The close: TSX finishes flat, slips over week
Canada's main stock index ended barely higher on Friday, as gains for banks and gold miners were offset by slips in pipeline companies and railway stocks.
TSX ekes out gain in low volume trade ahead of US holiday  Reuters Canada
North American stock indices relatively flat ahead of Memorial Day weekend  News1130
Kinder Morgan shares to start trading on Tuesday: How well shares have been ...
On Tuesday the market will, for the first time, get to pass judgment on the recently priced initial public offering of Kinder Morgan Canada.
Kinder Morgan to proceed with Trans Mountain pipeline expansion pending ...
Hold On To Kinder Morgan  Seeking Alpha
Rising program expenses propel fed 2016-17 deficit to $21.8B: preliminary estimate
A $21.7-billion surge in federal program expenses was almost entirely responsible for the government's expected 2016-17 deficit, according to a preliminary analysis of Ottawa's books.
Ottawa anticipates $23-billion year-end deficit  The Globe and Mail
Canada Records Wider C$10.39 Billion Budget Deficit in March  Wall Street Journal (subscription)
Oil rebounds but ends week lower amid OPEC cuts disappointment
Oil prices rebounded to rise more than 1 per cent on Friday, but Brent crude ended the week nearly 3 per cent lower after an OPEC-led decision to extend production curbs did not go as far as many investors had hoped.
Saudi Arabia and Russia stuck in unlikely oil alliance  Financial Times
Kurdistan oil exports not subject to OPEC reduction agreement  Rudaw
Canadian dollar edges higher as oil prices stabilize
TORONTO -- The Canadian dollar strengthened on Friday against its U.S. counterpart, adding to this week's gains as oil recovered some lost ground, while data showed that bearish bets on the loonie rose to a fresh record high.
USD/CAD Canadian Dollar Flat After US Dollar Regains Momentum  MarketPulse (blog)
What every Canadian investor needs to know today  The Globe and Mail
Canadian Imperial Bank of Commerce Q2 Income Drops 8%
Can now owns 3,647,423 shares of the bank's stock worth $283,142,000 after buying an additional 109,809 shares in the last quarter.
Cormark Analysts Cut Earnings Estimates for Canadian Imperial Bank of ...  BNB Daily (blog)
CIBC profit beats estimates on growth across units  Financial Post
BlackBerry says Qualcomm dispute will end with US$940M payment
BlackBerry Ltd. says it will receive US$940 million from Qualcomm by May 31 to settle a dispute over royalty payments. An arbitrator sided with BlackBerry in April, and announced an interim award of US$814.9 million plus additional amounts for interest ...
Qualcomm's refund to BlackBerry swells to $940 million  The San Diego Union-Tribune
Done and done: Blackberry ties up $940m settlement with Qualcomm  The Register
Court dismisses injunction on STC closure
A judge has dismissed an injunction that would stop the closure of the Saskatchewan Transportation Company. In a written decision delivered Friday, Justice L.M.
Judge dismisses application to stop STC shutdown  CTV News
Riding down memory lane with the STC  Regina Leader-Post
Neurocrine Biosciences, Inc. (NBIX) PT Set at $70.00 by Oppenheimer Holdings Inc.
Neurocrine Biosciences logo Neurocrine Biosciences, Inc. (NASDAQ:NBIX) received a $70.00 price objective from equities research analysts at Oppenheimer Holdings Inc. in a research note issued on Wednesday.
Neurocrine Biosciences' (NBIX) Buy Rating Reiterated at Bank of America Corp  Sports Perspectives
Neurocrine Biosciences (NBIX) Hit By ValuEngine Downgrade; Bancfirst Cp-ok ...  San Times