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The British Columbia Securities Commission (BCSC) will soon require additional disclosure from companies that raise money in B.C. stock markets under prospectus exemptions.

Vancouver-based Caterpillar equipment dealer Finning International Inc . posted second-quarter revenue of $1.48 billion, a 39% increase over 2010’s second quarter. The company also posted record earnings of $81.9 million, up from a loss of $87.

European regulators are temporarily banning short-selling on select stocks in four countries’ starting August 12, the European Securities and Markets Authority (ESMA) said August 11.

Canadian National Railway (CN) plans to move more lumber destined for China through B.C. ports, after reaching an agreement August 10 with China’s largest lumber buyer, CNBM Forest Products Trading Ltd.

Great Canadian Gaming Corp .'s racetrack revenue continues to fall, according to numbers released by the company August 11. Racing revenue from GCG’s four racetracks fell 16% to $5.3 million in the three months ending June 30, and 22% to $9.

BC Hydro announced it will decrease its proposed rate increases by 50%, following the release of a government review that urges the Crown corporation to cut spending by $800 million over the next three years.

Liberty Wine Merchants closed its 700-square-foot Robson Street store in early August and plans to open a store twice as big on Commercial Drive near First Avenue, as soon as the city approves the move, general manager Robert Simpson told Business in Vancouver.

Metro Vancouver housing starts rose 25% in the first seven months of 2011 compared with the same period in 2010, according to Canada Mortgage and Housing Corp. (CMHC).

Four B.C. non-profit social service agencies have been named finalists for the Donner Canadian Foundation awards for excellence in the delivery of social services.

Ernst & Young is predicting back-to-school spending will be flat this year compared with last, compounding an already tough situation for Canadian retailers still reeling from a mediocre spring season brought on by poor weather.