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Morningstar Inc. buying debt-rating agency DBRS for US$669 million

Morningstar Inc. buying debt-rating agency DBRS for US$669 million

TORONTO — Morningstar Inc. has signed a deal to buy Canadian debt-rating agency DBRS for US$669 million. The U.S. company says the combination of DBRS with Morningstar Credit Ratings' U.S. business will expand its global asset class coverage.

Union says lockout notice for B.C. port workers 'reckless' and 'irresponsible'

VANCOUVER — A spokesman for the association that employs longshoremen at British Columbia ports says the workers will be locked out on Thursday if a negotiated settlement is not reached. Jeff Scott, chairman of the B.C.
Indigo swings to near $40M yearly loss partly due to Canada Post strike impact

Indigo swings to near $40M yearly loss partly due to Canada Post strike impact

TORONTO — Indigo Books & Music Inc. widely missed expectations as it swung to a nearly $40-million net loss for its 2019 financial year, partly due to the Canada Post strike and less consumer spending in the final quarter.
TSX slides in mixed day that saw key sectors offset defensive gains

TSX slides in mixed day that saw key sectors offset defensive gains

TORONTO — Canada's main stock index slid on a mixed day Tuesday with key sectors offsetting gains in a couple of defensive areas. The S&P/TSX composite index closed down 49.20 points to 16,297.46, resuming its descent after two positive days.
Judge OKs class action by former BlackBerry employees claiming severance pay

Judge OKs class action by former BlackBerry employees claiming severance pay

TORONTO — An Ontario judge has cleared the way for a class action on behalf of about 300 former employees of BlackBerry Ltd. who are seeking severance or termination pay from the technology company.

Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,297.46, down 49.20 points ). Turquoise Hill Resources Ltd. (TSX:TRQ). Materials. Up four cents, or 2.63 per cent, to $1.56 on 58.
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