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Wind turbine maker AAER faces uncertain future with second round of layoffs Print E-mail
Wednesday, 17 March 2010

MONTREAL - AAER Inc., Canada's lone manufacturer of large wind turbines, is facing growing headwinds as the alternative energy industry finds it increasingly difficult to finance new energy projects.

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Black people must leave store, announcer at NJ Walmart says; company investigates Print E-mail
Wednesday, 17 March 2010

WASHINGTON TOWNSHIP, N.J. - An announcement at a Walmart store in New Jersey ordering black people to leave brought chagrin and apologies Wednesday from leaders of the company, which has built a fragile trust among minority communities.

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Imvescor books $167,000 profit on $11.9 million revenue in the first quarter Print E-mail
Wednesday, 17 March 2010

MONCTON, N.B. - Imvescor Restaurant Group Inc., franchisor of a number of well-known eateries in Canada, said Wednesday it will continue to focus on renovations and opening new stores to increase revenue after reporting its first full-quarter results.

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Stocks rise on Fed pledge to keep interest rates low to revive economy Print E-mail
Wednesday, 17 March 2010

TORONTO - The Toronto stock market closed slightly higher as commodity prices rose in the wake of the U.S. Federal Reserve's announcement that it will leave interest rates at historic lows to help the economy recover from the worst downturn in decades.

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Strong sales in emerging markets boost Nike's 3rd-quarter profit from a year earlier Print E-mail
Wednesday, 17 March 2010

BEAVERTON, Ore. - Nike Inc. said Wednesday that stronger sales helped boost the athletic shoe and clothing company's third-quarter profit.

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Gas distributor Gaz Metro looks to expand LNG business Print E-mail
Wednesday, 17 March 2010

MONTREAL - Gaz Metro will continue its focus on clean energy projects like natural gas to fuel transport trucks travelling between Ontario and Quebec to increase its growth, CEO Sophie Brochu said Wednesday.

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Quebec's Gaz Metro looks to getting transport trucks to run on natural gas Print E-mail
Wednesday, 17 March 2010

MONTREAL - Quebec-based Gaz Metro is eyeing the thousands of transport trucks travelling weekly between Ontario and Quebec and wants them to fill up with natural gas to help increase the fuel distributor's growth.

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CIBC lawsuit from shareholders over subprime market dismissed by U.S. judge Print E-mail
Wednesday, 17 March 2010

TORONTO - A U.S. federal judge has dismissed a shareholder lawsuit against CIBC (TSX:CM) claiming that the bank misled investors about its exposure to the subprime mortgage market.

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