Archives

Teck Cominco Ltd. (TSX:TCK.B) reported a 59% drop in annual profit to $659 million in 2008 from $1.6 billion a year earlier despite enjoying higher revenu e.

Richmond-based DDS Wireless International Inc. (TSX:DD), which develops management systems for vehicle fleets, has signed a deal with Helsinki, Finland, to provide a dispatch system for the city's new travel centre.

The value of commercial real estate deals in Vancouver fell 50% to $1.3 billion in the first half of 2008 compared to $2.3 billion in the last half of 2007, according to a mid-year report from Colliers International. The U.S.

Net profit at Vancity jumped 43% in 2008 to $46.8 million from a restated figure of $32.

The unexpected plunge in the equity markets last fall and asset writedowns have contributed to a second consecutive quarterly loss for Vancouver's Canaccord Capital Inc. (TSX:CCI). The investment dealer's third-quarter net loss of $62.

Net profit at Vancity jumped 43% in 2008 to $46.8 million from a restated figure of $32.

The unexpected plunge in the equity markets last fall and asset writedowns have contributed to a second consecutive quarterly loss for Vancouver's Canaccord Capital Inc. (TSX:CCI). The investment dealer's third-quarter net loss of $62.

Silver Standard Resources Inc. (TSX:SSO) has filed a preliminary prospectus in Canada and the U.S. that gives the Vancouver company the option to raise up to US$150 million over the next two years.

Toronto's Victoria Gold Corp. (TSX-V:VIT) is acquiring Vancouver's StrataGold Corp. (TSX:SGV) in a friendly merger all-share deal worth approximately $9.2 million. StrataGold shareholders are being offered 0.

Vancouver-headquartered Village Farms Income Fund (TSX:VFF.UN) has sold its Ringgold greenhouse in Pennsylvania as part of its plan to focus on year-round, large-scale greenhouses.