Noranda to slash dividend by 40%

Article Abstract:

Toronto, Ont.-based Noranda Inc., which is an international metal producer, has announced plans to issue $500 million in common share stock. Noranda, which is led by president and chief executive officer Derek Pannell, will also cut payouts by 40 per cent.

Financial management, Finance, Metal industries, Noranda Inc., Metal industry, Company financing, Metal industry software

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Manitoba Wal-Mart rejects union bid

Article Abstract:

Wal-Mart Canada Corp. employees have rejected an attempt to unionize a Thompson, Manitoba store. The United Food and Commercial Workers Union lost a vote which would have created the first unionized Wal-Mart in North America.

Labor force information, Contracts & orders received, Executive changes & profiles, All Other Specialty Food Stores, Variety stores, Discount Stores, Contracts & orders let, Manitoba, Officials and employees, Contracts, Employment, Contract agreement, Wal-Mart Canada Corp., United Food and Commercial Workers International Union

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Outage provides food for thought

Article Abstract:

The Canadian restaurant industry in Ottawa is struggling to cope with a decline in customers. Canadian restaurants were forced to dump products during the recent power failures that hit North America.

Eating places, Restaurants & Food Service, Food Services and Drinking Places, Economic aspects, Restaurant industry, Power failure, Power failures

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