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INTERVIEW-Tim Hortons CEO cautious on higher debt, buyback
ReutersTORONTO, May 9 (Reuters) - Tim Hortons Inc is likely to raise its debt levels and buy back shares, but the Canadian coffee-and-doughnut chain is not about to take on as much debt as an activist investor is pushing for, Chief Executive Paul House said on...Tags: Toronto (Canada)
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CANADA RESEARCH ROUNDUP: Tim Hortons, Enbridge, Sun Life Financial
ReutersMay 9 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Iamgold and Quebecor, on Thursday. HIGHLIGHTS * Tim Hortons : Desjardins, BMO downgrade the stock * Enbridge Inc : Canaccord Genuity,...Tags: Kinross Gold Corporation, Mining, Metal and Mineral, First Quantum Minerals Limited, Economy, Business and Finance
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Canadian Tire plans C$3.5 billion REIT, shares soar
Reuters(Reuters) - Canadian Tire Corp , best-known for its namesake automotive and homeware stores, said it plans to create a C$3.5 billion ($3.5 billion) real estate investment trust through an initial public offering in the fall of 2013. The company, which...Tags: Initial Public Offerings, Canada, Services and Shopping, Thomson Corporation, Stock Market
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Discounts surge in fast-food battle for No. 1
Fast food giants including McDonald's, Wendy's and Taco Bell are pushing promotions, coupons and limited time offers as the fight for frugal diners intensifies, and the battle could heat up further if costs stay lower than expected. While prices for...
Tags: Tacos, Services and Shopping, Foods and Beverages, Dining and Drinking, Advertising
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Tim Hortons names new CEO; profit falls
ReutersMay 8 (Reuters) - Tim Hortons Inc, under pressure from a U.S. hedge fund seeking better returns, named a new chief executive and the company reported a 3 percent fall in first-quarter profit. The Canadian coffee and doughnut chain said Marc Caira will... -
CANADA STOCKS-TSX may open higher on strong Chinese and German data
ReutersMay 8 (Reuters) - Canada's main stock index looked set to open higher as better-than-expected Chinese trade data coupled with robust German industrial output data boosted the already positive sentiment fed by global equity markets. TOP STORIES * China'...Tags: Metal and Mineral, Kinross Gold Corporation, China, Auto Trends, Thomson Corporation
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SOFTS-Liffe cocoa hits 5-month high, sugar steady
ReutersLONDON, May 2 (Reuters) - Cocoa futures on Liffe hit a five-month peak on Thursday, as dealers expected higher prices to trigger origin sales, while sugar was little changed. Arabica coffee futures were firm, hovering above a three-year low, as ample...Tags: Weather Reports, Weather, European Central Bank, Credit Ratings, Petroleum Industry
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PRESS DIGEST-Canada-May 2
ReutersMay 2 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * Canadian banks and other financial institutions should be required...Tags: Business Institutions, Nortel Networks Corporation, Food Industry
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CANADA STOCKS-TSX may open slightly lower ahead of Fed; eye on Tim Hortons
ReutersMay 1 (Reuters) - Canada's main stock index looked set to open slightly lower as investors turn cautious ahead of the outcome of the U.S. Federal Reserve's policy meeting later in the session. But shares of Tim Hortons Inc were expected to rise after...Tags: Chesapeake Energy Corp., Yamana Gold Incorporated, Merck & Company Incorporated, Thomson Corporation, Petroleum Industry
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U.S. hedge fund faces uphill task in battle with Tim Hortons
ReutersBy Euan Rocha TORONTO, May 1 (Reuters) - Highfields Capital, a U.S. hedge fund agitating for drastic change at iconic Canadian coffee-and-doughnut chain Tim Hortons Inc, is set for an uphill battle convincing some long-term institutional investors of the...Tags: Canada, Thomson Corporation, Real Estate Sellers, Economy, Business and Finance, McDonald's
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CANADA STOCKS-Natural resources pull TSX lower; Tim Hortons jumps
ReutersTORONTO, May 1 (Reuters) - Canada's main stock index opened lower on Wednesday as weak economic data from China and falling commodity prices weighed on materials and energy stocks, but shares of Tim Hortons Inc rose after a large investor called for...Tags: Canada, Stock Market, Toronto Stock Exchange, Toronto (Canada)
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EXCLUSIVE-Tim Hortons investor agitates for buybacks, new strategy
ReutersBy Lauren Tara LaCapra, Jessica Toonkel and Olivia Oran NEW YORK, April 30 (Reuters) - Canadian coffee-and-donut chain Tim Hortons Inc is under pressure from one of its top investors to buy back a large chunk of its shares, pare back in the United States...Tags: Real Estate Buyers, Services and Shopping, Mutual Funds, Real Estate, Citigroup Incorporated
May 9, 2013
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Apr 30, 2013
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