Paul Reynolds News
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Canaccord Financial Inc., Canada’s largest non-bank brokerage, said fiscal third-quarter profit quadrupled as foreign acquisitions boosted revenue. Results fell short of analysts’ estimates.
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New Zealand consumers are unwilling to pay current prices for smartphones, limiting sales even amid increased demand for applications offered by Facebook Inc., Telecom Corp. ’s chief executive officer said.
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Canaccord Financial Inc. and GMP Capital Inc., Canada’s two largest non-bank brokerages, are plunging to three-year lows on the Toronto Stock Exchange as Europe’s debt crisis saps demand for mergers and financings.
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Telecom Corp. , New Zealand’s largest telephone company, will be able to hold a shareholder vote on a possible demerger by the middle of next year if it’s selected as a partner in a national broadband plan.
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Telecom Corp. of New Zealand , the country’s biggest phone company, said it could split into two companies if that is needed to participate in the government’s high-speed broadband project.
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Canaccord Financial Inc. plans to pare positions in Canada after cutting 234 jobs in the U.S. and U.K. on its takeover of British brokerage Collins Stewart Hawkpoint Plc.
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Canaccord Financial Inc., Canada’s largest non-bank brokerage, agreed to buy Collins Stewart Hawkpoint Plc for 253.3 million pounds ($393 million) in its largest takeover, expanding the wealth management and investment-banking businesses in the U.K.
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Canaccord Financial Inc., the Vancouver-based brokerage that’s buying Genuity Capital Markets, is looking to China next to expand its investment-banking business.
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Apple Inc.’s new iPad runs “significantly hotter” than the earlier model when handling processor-intensive tasks such as playing graphics-heavy games, according to Consumer Reports, which tested the device.
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Telecom Corp. of New Zealand shareholders today approved the split of the nation’s largest phone company, allowing network unit Chorus to partner the government in the ultrafast broadband program.
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