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Canadian Oil Sands asks shareholders to reject Suncor Energys $3.2bn offer

2015-10-20 01:00:00| Hydrocarbons Technology

Canadian Oil Sands (COS) has asked its shareholders to reject the C$4.3bn ($3.2bn) offer by Suncor Energy saying that the bid undervalues the company.

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New Canadian vehicles sales up in September: Scotiabank

2015-10-19 21:07:43| Canadian Plastics Headlines

New vehicle sales in Canada jumped to a record high of 1.98 million units in September 2015, surpassing the previous peak set a year ago, according to new data from Scotiabank. The gains are being driven by broad-based advances in… The post New Canadian vehicles sales up in September: Scotiabank appeared first on Canadian Plastics.

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Canadian Oil Sands rejects Suncor's $3.3-billion 'exploitive' hostile bid

2015-10-19 14:47:03| Oil & Gas - Topix.net

File photo of workers leaving the Suncor oil sands extraction facility near the town of Fort McMurray, Alta. File photo of workers leaving the Suncor oil sands extraction facility near the town of Fort McMurray, Alta.

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Canadian telecoms clash over Videotrona s wireless music streaming package

2015-10-16 22:08:37| Telecom - Topix.net

The way you listen to music on your smartphone is becoming a prickly issue with some of the country's wireless carriers. Rogers Communications filed a complaint with the CRTC this week over Videotron's Unlimited Music offering, which allows certain customers to stream audio on the go without it counting towards their mobile data plan.

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Standard and Poor's says credit outlook worsens for some Canadian energy firms

2015-10-16 20:24:30| Energy - Topix.net

The credit rating agency says it has taken what it calls negative ratings actions on two big companies - Cenovus Energy and Husky Energy - along with four smaller ones. Husky and Cenovus maintain their investment-grade ratings, but Cenovus' rating has been lowered a notch and the outlook for Husky has been changed from stable to negative.

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