Local area office: 902-527-5448 Fax: 902-527-5371 YARMOUTH COUNTY: Indian Sluice Bridge The Indian Sluice Bridge in Yarmouth County will be closed from Tuesday, April 25, until Friday, April 28, between 9 a.m. and noon and between 1 p.m. and 3 p.m., while bridge inspections are carried out. The bridge is the only access to the communities of Surrettes Island and Morris Island. -30-
TORONTO — The Ontario Securities Commission is holding a hearing Wednesday at the request of a Hudson’s Bay Co. activist investor to review a Toronto Stock Exchange decision concerning shares involved in the sale of a New York City property.Land & Buildings Investment Management LLC applied on Monday for the regulator to review the TSX’s Nov. 7 decision to provide conditional support to Rhone Capital’s $632-million equity investment in the form of eight-year mandatory convertible preferred shares.The funding was part of a deal that included the sale of HBC’s Lord & Talyor Fifth Avenue building to WeWork Property Advisors for nearly $1.1 billion and to pursue a strategic alliance with WeWork to pursue future real estate transactions.Hudson’s Bay investors want debt reduction, payouts from real estate proceedsHBC accuses Land & Buildings of misleading shareholders about Rhone investmentThe owner of Hudson’s Bay, Saks Fifth Avenue and Lord & Taylor said it expects Rhone will initially hold a 21.8 per cent voting and equity interest in the company on a partially diluted basis and that could grow to 30 per cent if the preferred shares are held to their eight-year maturity.Land & Buildings has urged the retailer to consider a bid for its German operations by Signa Holding and criticized HBC for selling a controlling interest in the company without seeking the approval of minority shareholders.The retailer and its investor have been in a war of words, accusing one another of misleading shareholders regarding the building’s sale and the related Rhone Capital investment.
by The Associated Press Posted Mar 22, 2013 12:10 pm MDT Stocks are higher on Wall Street, bolstered by strong earnings from major U.S. corporations. Investors are also taking advantage of an earlier market decline to add to their holdings.The Dow Jones industrial average rose 92 points, or 0.6 per cent, to 14,514 in midday trading Friday.The Standard & Poor’s 500 index climbed 10 points, or 0.7 per cent, to 1,556. The Nasdaq composite rose 16 points, or 0.5 per cent, to 3,238.Robust earnings from some big names gave the market a lift. Nike’s stock hit a record after the company surprised Wall Street with a surge in quarterly profit. Tiffany rose after its earnings beat predictions. Strong demand from Asian demand helped.Stocks fell Thursday because of weak sales from Oracle and because of concerns that Cyprus may go bankrupt. Stocks rebound on Wall Street bolstered by strong earnings reports; Nike surges, Tiffany gains AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
The Society of Motor Manufacturers and Traders has today released the Ultra Low Emission Vehicles Guide 2016.The guide provides information for the wider automotive industry and its stakeholders on general issues related to Ultra Low Emission Vehicles (ULEVs). This includes practical information on:Types of ULEVs availableBenefits of ULEVsCharging or refuellingBatteriesSafety and running costsRead the full guideFor consumers interested in ULEVs, more information can be found on the Go Ultra Low website.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)