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Canadian markets news

European stocks set for biggest weekly gain of 2014
LONDON (Reuters) - World markets are ending their last full week of 2014 on a high, as Wall Street made its biggest two-day advance since late 2011 and European shares headed for their strongest week of the year.
Asian shares rise on Fed stance  MarketWatch
Five Things to Know Now: Asian Stocks Rally  TheStreet.com
Seeking Alpha   Related articles »  
New Brunswick fracking moratorium raises industry ire, pleases environmentalists
FREDERICTON - Five conditions must be met before New Brunswick will lift a moratorium on hydraulic fracturing, Premier Brian Gallant said Thursday in a move that has frustrated the energy sector but pleased environmentalists.
Shale gas moratorium details unveiled by Brian Gallant  CBC.ca
New Brunswick Should Review Hydraulic Fracturing Moratorium  Digital Journal
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Saputo's snack cake business bought up by Mexican-owned Grupo Bimbo
National Post filesSaputo's bakery division - which makes Jos. Louis and May West treats - generated $139 million in revenues during fiscal 2014, less than two per cent of the company's consolidated revenues.
Sugar-coated Saputo deal for Mexican food giant  The Globe and Mail (subscription)
Bimbo Rises Most in 15 Months on Saputo Bakery Purchase  Bloomberg
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US court approves settlement awarding $1B interest to US Nortel bondholders
TORONTO -- A U.S. court has approved a settlement deal that would make Nortel Networks' American bondholders eligible to receive about US$1 billion in interest that has accrued since the company filed for court protection in 2009.
Bankruptcy judge approves Nortel bondholder settlement  Washington Post
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Why it's so hard to know when oil will bounce back: Don Pittis
"I'll hang on to my oil stocks a while longer," a friend told me in a recent email. He was responding to the closing line in a piece I wrote last month on the global economic shocks in store if oil prices stayed low.
Change comes hard in unsavoury oil states  The Globe and Mail
Geopolitical power shift: Is West hastening its decline?  Moneycontrol.com
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UBER rolls out in Edmonton, city calls service illegal
A controversial ride-sharing service has rolled out in Edmonton, but it's a service officials with the City of Edmonton are calling illegal - and say they'll fine drivers who take money as part of the service.
City warns of crackdown as Uber rideshare launches in Edmonton  CBC.ca
Uber X arrives in Edmonton  MobileSyrup.com
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Harwood Feffer LLP Announces Investigation of The Pantry, Inc.
NEW YORK, Dec. 18, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of The Pantry, Inc. ("The Pantry" or the "Company") (NASDAQ: PTRY) concerning the proposed acquisition of the ...
SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The ...  Digital Journal
CANADA STOCKS-TSX extends gains, led by Couche-Tard, resource stocks  Reuters
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Chevron Corp.'s share price up, to �indefinitely� suspend its plans for oil drilling ...
Chevron Corp. revealed in a letter to the National Energy Board of Canada that it has decided to �indefinitely� cease plans to drill for oil in the Arctic Beaufort Sea.
Chevron Corporation (CVX) Halts Canadian Arctic Oil Project Amidst Price Slump  StockWise Daily
Chevron puts Arctic drilling plans on hold indefinitely  CBC.ca
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Police link Calgary group to mortgage fraud scheme | video
Taxpayers could be on the hook for millions of dollars after authorities linked a Calgary-based group to what they're calling a complex mortgage-fraud scheme.
'Complex' mortgage fraud scheme uncovered, Alberta police say  CBC.ca
ALERT charges four in mortgage fraud scheme after seven-year investigation  660 News
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New Turcot Interchange will be corruption free, say stakeholders
Within the next five years, the concrete monster that is the Turcot Interchange will come down. The consortium responsible for building its replacement was announced Thursday, and all involved are promising the project will be safe, high-quality and fraud free ...
Turcot Interchange contract awarded to Kiewit and Parsons  CBC.ca
Turcot construction to start next year  Globalnews.ca
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