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Robert Bosch closes acquisition of Burnaby's Extreme CCTV
Robert Bosch GmbH has closed its $93 million deal to acquire Burnaby-based Extreme CCTV Inc. (TSX:EXC). The acquisition by the Stuttgart, Germany-based equipment manufacturer is aimed at strengthening Bosch's U.K., U.S.
Mar 2, 2008 10:00 PM
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Vancouver gold and copper miner posts weaker revenue for fiscal 2007
The annual bottom line sagged for Vancouver-based Northgate Minerals Corp. (TSX:NGX) for the year ending December 31, 2007. Revenue fell to $335.7 million compared with $411.3 million in 2006. Net income was also down. It dropped to $38.
Mar 2, 2008 10:00 PM
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Net earnings fall for Vancouver shipping giant as operating and interest costs rise
Despite a 19% increase in annual revenue, Vancouver-headquartered Teekay Corp. (NYSE:TK) reported a 31% drop in annual profit for the year ending December 31, 2007. The oil and gas tanker giant's annual revenue rose to US$2.
Feb 28, 2008 10:00 PM
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Vancouver silver company raises US$138 million to finance South American mine development
Silver Standard Resources Inc. (TSX:SSO) has raised approximately US$134 million from an offering of unsecured convertible notes.
Feb 28, 2008 10:00 PM
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MacDonald Dettwiler expands information products division in U.S.
Richmond's MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) plans to acquire TransUnion LLC's real estate division for an undisclosed sum.
Feb 27, 2008 10:00 PM
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Despite record annual revenue, Xantrex Technology slips into the red
Xantrex Technology Inc. (TSX:XTX) reported a net loss for the year ending December 31, 2007, despite a 48% increase in annual revenue. Revenue for the Burnaby company rose to $234.2 million from $158.
Feb 27, 2008 10:00 PM
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Despite ABCP exposure, HSBC Bank Canada reports stronger 2007
Exposure to non-bank asset-backed commercial paper (ABCP) didn't stop HSBC Bank Canada (TSX:HSB.PR.C) from reporting a 6.6% increase in net income for the year ending December 31, 2007: $530 million compared with $497 million in 2006.
Feb 26, 2008 10:00 PM
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PoCo software maker's revenue rises 56% as business grows in Canada and Middle East
VendTeck Systems Inc. (TSX-V:VSI) has reported a 56% jump in revenue for the year ending October 31, 2007: $89.8 million compared with revenue of $57.6 million a year earlier.
Feb 26, 2008 10:00 PM
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Rising silver prices help Silver Wheaton post annual profit record
Vancouver's Silver Wheaton Corp. (TSX, NYSE:SLW) has reported record annual net profits for the year ending December 31, 2007. They rose 7.9% to $91.9 million from the sale of 13.1 million ounces of silver compared with net earnings of $85.
Feb 25, 2008 10:00 PM
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US$190 million Florida auction is largest for Richmond's Ritchie Bros.
The auction of almost 6,200 trucks and heavy equipment in Orlando, Florida, last week represented the largest in Ritchie Bros. Auctioneers' (TSX, NYSE:RBA) 50-year history.
Feb 25, 2008 10:00 PM
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