Investors betting on Brascan dismantling

Article Abstract:

Brascan Corp., the last major Canadian conglomerate, is dismantling itself by selling Noranda Inc., the first of several multimillion-dollar assets. Investors have high expectations for the way in which Brascan company officials would deploy $2.6-billion that would be freed up if the company parts with its 43 percent stake in Noranda.

Acquisitions & mergers, Metal Mining Services, Support Activities for Metal Mining, PRIMARY METAL INDUSTRIES, METAL MINING, Mergers, acquisitions and divestments, Company acquisition/merger, Metal industries, Noranda Inc., Metal industry

---

Brascan profit dips in quarter

Article Abstract:

Toronto, Ont.-based Brascan Corp. reported that its second quarter profit fell over 12% to $63 million. Brascan, which is a leading real estate company, also reported $719 million in revenues for the second quarter.

Financial management, Real Estate, Real Estate and Rental and Leasing, Finance, Real property, Company financing

---

Big-leaguer Kinross digs for profit

Article Abstract:

Kinross Gold Corp. is waxing optimistic about its ability to post a profit in the future. The company has completed an acquisition, a merger, and dealt with operating difficulties successfully.

Strategy & planning, Planning, Company business planning, Kinross Gold Corp., K

Similar abstracts:

• Abstracts: Federal officials, regulators meeting monthly. TSX still ready to consider trusts for major index. QSC report prefers status quo
• Abstracts: HBC investors applaud credit divestment plan. Offer for Sears Canada 'inadequate.'
• Abstracts: GECAS cash dependent on Deutsche deadline: Firm warns support could evaporate
• Abstracts: Wrestlers look to muscle in on hockey fans. Pepsi Co. breaches the walls of Coke fortress McDonald's
• Abstracts: Minority support. Biovail drug cleared in U.S

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.