Alimentation Couche-Tard Inc. has struck a roughly $860-million (U.S.) deal to acquire the 1,500-unit U.S. convenience-store chain The Pantry Inc. The all-cash transaction values The Pantry at $36.75 per share.
MONTREAL - Canada Bread Co. has agreed to pay $120 million in cash to buy Saputo Inc.'s bakery division, which makes Joe Louis and May West snack cakes.
Global stocks surged, with the Standard & Poor's 500 Index headed for its best two-day rally in nearly two years, as the Federal Reserve pledged patience on raising interest rates.
NEW YORK (Reuters) - Economists at Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by next June and most expect the Fed to tighten policy more than once in 2015, a Reuters poll found after the U.S.
CALGARY -- The CEO of TransCanada Corp. (TSX:TRP) says he doesn't see the oil industry's appetite for new pipelines faltering even though crude prices have skidded recently to the lowest in more than five-years.