Upturn predicted in mergers and acquisitions: KPMG report shows activity has stabilized

Article Abstract:

The number of transactions that closed in the first half of the 2004 has held relatively steady compared with the two preceding six-month periods, according to the report released by KPMG. KPMG valued that transaction at $14-billion and claimed that even without that deal, the market appears to have reached a sustainable level and is 'primed for a gradual upturn'.

Reports, Acquisitions and mergers

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Layoff costs slash Nexfor profit

Article Abstract:

Restructuring charges in the second quarter drove down earnings for Toronto, Ont.-based Nexfor Inc., which is a forest products company. Nexfor reported no earnings for the second quarter compared to $12 million in the same period for the previous year.

Financial management, Finance, Lumber industry, Company financing, Nexfor Inc., Lumber and wood industry software

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OECD sees brighter outlook for Canada

Article Abstract:

The Organization for Economic Cooperation and Development said that Canada's economic outlook improved in May 2003. The country's leading indicator rose 2.6 points to 132.4 in the month.

International Affairs, Labor Distribution by Employer, Organization for Econ Co-op & Dev, Economic aspects, Statistics, Economic conditions, Organization for Economic Cooperation and Development

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