John Goldsmith News
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Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer by market value, posted first-quarter profit and revenue that beat analysts’ estimates as exports of the crop nutrient rose.
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A hunt for acquisitions by Teck Resources Ltd. is likely leading to a bid for Iron Ore Co. of Canada, the country’s largest producer of the steelmaking ingredient.
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Record natural-gas prices in Asia mean that a takeover of Canada’s ShawCor Ltd. at the most expensive valuation ever in the gas-services industry would be worth every penny.
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Transel Elevator Inc., which two weeks ago was servicing an elevator hours before it killed a Manhattan advertising firm employee, was sued this week over an accident at New York’s Plaza hotel, the latest in a series of similar suits filed against the company.
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Ron Salmon first invested in Sino- Forest Corp. as a speculative stock. He bought more shares even after they tumbled 83 percent in June, when the company was accused of fraud.
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Kinross Gold Corp.’s switch to a new chief executive officer is fueling speculation Canada’s fourth- biggest gold miner will be broken up or sold.
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Research In Motion Ltd.’s decline below book value for the first time in nine years leaves the BlackBerry maker worth less than the net value of its property, patents and other assets in a sign of investors’ lowered faith.
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Research In Motion Ltd.’s decline below book value for the first time in nine years leaves the BlackBerry maker worth less than the net value of its property, patents and other assets in a sign of investors’ lowered faith.
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China, primed by government spending to boost growth, will need enough copper every month to circle the globe more than 100 times.
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Sino-Forest Corp., the Chinese timber company that plunged 74 percent this year after fraud allegations, said going private is among the options under consideration as it attempts to restore its finances and reputation.
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