Winnipeg Free Press

Winnipeg Free Press (Newspaper) - February 11, 2014, Winnipeg, Manitoba C M Y K PAGE B6 CANOLA March ' 14 423.60 430.00 418.40 421.50 425.60 May 435.50 440.30 428.60 431.80 435.60 July 444.60 449.00 437.80 441.20 444.80 Nov. 458.10 464.00 453.60 456.80 460.20 Jan ' 15 468.10 470.00 462.50 463.20 466.70 March 474.10 474.10 467.80 468.70 472.10 May 0.00 0.00 0.00 472.10 475.50 July 0.00 0.00 0.00 474.70 478.20 Nov. 0.00 0.00 0.00 470.90 474.40 Jan.' 16 0.00 0.00 0.00 470.90 474.40 March ' 16 0.00 0.00 0.00 470.90 474.40 BARLEY ( WESTERN) March ' 14 0.00 0.00 0.00 126.50 126.50 May 0.00 0.00 0.00 128.50 128.50 July 0.00 0.00 0.00 128.50 128.50 Oct 0.00 0.00 0.00 128.50 128.50 Dec 0.00 0.00 0.00 128.50 128.50 March ' 15 0.00 0.00 0.00 128.50 128.90 May 0.00 0.00 0.00 128.50 128.50 July 0.00 0.00 0.00 128.50 128.50 Oct 0.00 0.00 0.00 128.50 128.50 Dec 0.00 0.00 0.00 128.50 128.50 March ' 16 0.00 0.00 0.00 128.50 128.50 T H E M A R K E T S O N 0 2 . 1 0 . 1 4 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FP MARKETS TSX LITTLE CHANGED 13,794.18 + 7.68 + 0.06% 967.41 + 5.31 + 0.55% 15,801.79 + 7.71 + 0.05% 4,148.17 + 22.31 + 0.54% B Y M A L C O L M M O R R I S O N T ORONTO . The Toronto stock market closed little changed Monday as traders looked for direction following volatile trading last week. The S& P/ TSX composite index edged up 7.68 points to 13,794.18 as the Canadian dollar fell US0.13� to US90.46�. U. S. indexes generally eked out minor gains as the Dow Jones industrial average rose 7.71 points to 15,801.79, Nasdaq was ahead 22.31 points to 4,148.17 and the S& P 500 climbed 2.82 points to 1,799.84. The TSX and the Dow both advanced about 0.6% last week as the U. S. unemployment rate dipped to 6.6% from 6.7% - the lowest rate since the global financial crisis hit in late 2008 - even as labour force participation increased. Despite that expectation, investors are also looking ahead to comments from the new Federal Reserve chairwoman, Janet Yellen, before the U. S. Congress on Tuesday for any hint at a change in policy. The TSX gold sector ran ahead about 3.33% in advance of earnings from several major miners this week while gold rose US$ 11.50 to US$ 1,274.80 an ounce. The energy sector was the leading decliner, down 0.62% even as March crude on the New York Mercantile Exchange edged US18� higher to US$ 100.06 a barrel. The Canadian Press Thought leadership from top decision- makers CEO OF THE YEAR C O M M O D I T I E S C R U D E O I L US$ 100.06 US18� N Y M E X G A S US$ 4.58 - US20� G O L D US$ 1,274.80 US$ 11.50 S I L V E R US$ 20.15 US21� AG Growth Intl Inc - 0.07 46.99 34,759 All In West! Capital Corp nil 0.01 0 Arctic Glacier Income Fund nil 0.22 659 Artis Real Estate Invmt Tr - 0.04 15.28 105,230 Bird River Resources Inc nil 0.07 0 Boyd Group Inc ( the) - 0.18 33.62 398,864 Buhler Industries Inc 0.26 6.94 6,864 Cangene Corp nil 3.55 12,948 Canickel Mining Limited nil 0.19 446 Copper Reef Mining Corp - 0.01 0.04 150,000 Craig Wireless Systems Ltd nil 0.07 0 Diamedica Inc - 0.03 0.81 31,833 Empire Industries Inc - 0.01 0.10 419,250 Exchange Income Corp - 0.13 21.71 40,824 FP Newspapers Inc 0.06 5.50 3,450 Gendis Inc nil 3.30 1,100 Gossan Resources Limited nil 0.03 0 Great West Lifeco Inc 0.01 31.36 248,972 Hudbay Minerals Inc - 0.58 8.82 1,867,026 Huntingdon Capital Corp nil 11.91 12,144 IGM Financial Inc - 0.34 54.72 124,985 Imris Inc 0.07 2.20 16,100 Kane Biotech Inc nil 0.12 245,200 King's Bay Gold Corp nil 0.02 0 Lakeview Hotel Invest Corp nil 0.31 0 Lanesborough Real Estate Inv - 0.04 1.26 17,300 Legumex Walker Inc 0.26 5.06 25,714 Mainstream Minerals Corp nil 0.01 400 Manitoba Telecom Services - 0.16 29.52 366,502 Medicure Inc - 0.08 0.35 2,231 Miraculins Inc - 0.01 0.33 10,000 New Flyer Industries Inc - 0.05 11.05 67,976 Nordic Oil & Gas Ltd nil 0.02 40,000 North West Co Inc - 0.33 24.94 28,802 Novra Technologies Inc nil 0.10 2,000 People Corporation - 0.01 1.71 53,050 Pollard Banknote Ltd 0.04 3.75 3,140 Ridley Inc nil 17.12 57 San Gold Corp 0.01 0.19 1,962,884 Temple Hotels Inc 0.03 5.60 34,381 Victory Nickel Inc 0.01 0.07 428,568 Wildcat Exploration Ltd - 0.01 0.07 25,000 Winpak Ltd - 0.19 25.13 8,742 Issuer Change Close Vol Issuer Change Close Vol WINNIPEG ( CP) - Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. FUTURES TRADING ARC Resources 29.69 - 0.34 780 4.0 38.6 30.62 24.55 + 19.2 Agnico Eagle 37.53 + 1.86 1260 2.6 45.3 45.71 24.66 - 17.8 Agrium 96.47 + 0.21 195 3.4 9.9 114.74 83.46 - 16.0 Aliment B SV 82.91 - 0.51 189 0.5 18.2 83.75 51.27 + 55.6 Augusta Res 3.20 + 0.69 6045 n. a. n. a. 3.45 0.48 + 11.5 BCE 46.79 + 0.21 1026 5.3 18.3 48.90 40.58 + 5.6 B2Gold 2.83 + 0.01 4332 n. a. 28.4 3.69 1.87 - 20.3 Bank of Mtl 69.54 + 0.24 818 4.4 11.1 74.69 58.68 + 10.4 Bank of NS 61.75 + 0.05 1346 4.0 11.9 66.75 55.10 + 4.7 Bankers Pete 4.34 - 0.14 2663 n. a. 20.0 4.63 2.26 + 37.8 Barrick Gold 21.35 + 0.47 2565 1.0 n. a. 33.38 14.22 - 35.0 Baytex Energy 39.89 + 0.17 1244 6.6 29.8 47.59 36.37 - 15.7 Bell Aliant 25.82 + 0.24 888 7.4 18.7 29.26 24.79 - 4.5 BlackBerry 10.92 + 0.06 2857 n. a. n. a. 17.22 5.79 - 33.9 Bombrdr B SV 4.19 + 0.01 3034 2.4 11.8 5.43 3.80 + 2.4 Bonavista En 14.76 - 0.38 769 5.7 49.2 16.77 11.25 + 10.7 Boyd Group 33.70 - 0.10 399 1.4 n. a. 34.02 17.45 + 86.1 BrkfldAsst LV 41.90 + 0.53 539 2.1 13.3 42.64 35.00 + 7.9 CAE 13.90 - 0.05 803 1.7 21.7 14.99 9.80 + 27.6 CGI Group SV 32.89 - 0.38 914 n. a. 16.2 41.47 25.86 + 19.3 Calfrac Well 32.25 + 0.63 318 3.1 53.8 35.90 23.41 + 19.9 Cameco 22.71 - 0.72 3602 1.8 29.5 25.40 17.89 + 4.6 CIBC 87.69 + 0.24 510 4.4 10.6 91.90 73.89 + 5.9 Cdn Natl Rail 60.75 + 0.09 861 1.6 19.6 62.20 47.93 + 24.2 Cdn Natrl Res 37.39 - 0.46 1312 2.1 18.5 38.25 28.44 + 24.0 Cdn Oil Sands 20.66 + 0.09 1185 6.8 12.0 21.925 18.62 - 3.4 Cdn Pac Rail 167.72 nil 169 0.8 33.5 171.90 115.66 + 47.4 Cdn Util A NV 38.49 + 0.12 251 2.8 17.0 41.68 33.47 + 4.3 Canfor 29.68 + 0.85 449 n. a. 18.4 29.77 17.28 + 62.6 Catamaran 53.82 + 0.53 208 n. a. 43.1 60.93 45.86 + 4.0 Cenovus Enrg 29.19 - 0.10 857 3.3 36.9 33.49 28.32 - 11.0 CrescentPoint 38.16 + 0.27 1078 7.2 n. a. 41.60 34.53 - 2.4 Crew Energy 7.27 - 0.22 1354 n. a. n. a. 7.605 4.99 + 9.8 Detour Gold 8.23 + 0.38 4359 n. a. 17.7 21.92 2.88 - 62.6 Dollarama 82.14 - 0.86 120 0.7 24.9 90.74 58.26 + 39.7 Eldorado Gold 7.46 + 0.40 3031 0.3 32.1 11.10 5.73 - 33.8 Emera 31.96 - 0.24 727 4.5 17.5 37.34 28.77 - 10.2 Enbridge 46.61 + 0.07 516 3.0 42.8 49.17 41.74 + 4.4 EnCana 20.18 - 0.13 1687 1.5 32.6 21.35 17.40 + 3.5 FairfaxFin SV 430.98 + 1.40 25 2.6 n. a. 477.46 358.93 + 19.0 First Quantum 20.44 - 0.10 2119 0.8 18.9 21.95 14.22 + 0.9 Fortis 30.85 - 0.14 365 4.1 18.8 35.14 29.51 - 8.7 Fortis IR 31.95 - 0.09 1741 n. a. n. a. 32.96 29.25 n. a. Franco- Nevada 56.52 + 1.75 669 1.4 n. a. 56.59 33.05 + 4.2 Gildan Actvwr 57.20 - 0.60 262 0.8 19.2 60.30 35.18 + 62.9 GluskinShf 31.19 + 0.39 364 2.6 10.5 31.80 17.09 + 73.1 Goldcorp 28.81 + 0.57 2975 2.3 n. a. 35.58 21.87 - 20.5 HudBay Mnrls 8.83 - 0.57 1881 2.3 n. a. 11.13 6.02 - 21.2 Hudson's Bay 16.10 + 0.34 602 1.2 n. a. 21.20 14.00 - 2.1 Husky Energy 33.13 + 0.21 870 3.6 15.4 33.85 26.97 + 6.3 IAMGOLD 4.23 + 0.18 2300 n. a. 15.9 8.79 3.33 - 51.5 Imperial Oil 45.82 - 0.07 351 1.1 13.7 47.57 38.58 + 6.4 Intact Finl 66.66 - 0.94 262 2.9 17.8 69.95 56.44 + 4.8 Inter Ppln 28.60 + 0.19 399 4.5 n. a. 28.74 18.80 + 25.7 Intl Forst SV 16.86 + 1.66 799 n. a. 34.4 17.25 8.82 + 88.8 Keyera 65.15 - 0.35 166 3.7 30.0 67.39 50.87 + 27.4 Kinross Gold 5.63 + 0.30 3753 n. a. n. a. 8.45 4.50 - 31.2 Loblaw Cos 42.15 - 0.18 550 2.3 18.0 52.06 39.10 + 3.1 MEG Energy 31.51 + 0.10 804 n. a. n. a. 36.69 25.50 - 9.6 METRO 62.35 - 0.33 257 1.9 8.4 75.81 60.00 - 2.9 Magna Intl 94.18 - 0.41 466 1.5 13.5 98.56 52.25 + 76.0 Manitoba Tele 29.50 - 0.18 400 5.8 n. a. 36.60 28.18 - 9.1 Manulife Finl 20.02 - 0.20 1995 2.6 13.4 22.22 13.79 + 34.9 Methanex 67.58 + 0.58 361 1.3 17.7 70.13 34.36 + 95.9 National Bank 84.59 - 0.23 514 4.4 9.5 93.92 71.77 + 7.5 New Gold 6.27 + 0.17 1681 n. a. 14.2 10.14 4.99 - 38.2 Open Text 110.26 - 0.02 142 1.2 38.8 115.23 55.01 + 90.4 Osisko Mining 6.78 + 0.11 1886 n. a. n. a. 6.89 2.98 + 3.7 Pac Rubiales 15.62 - 0.40 1830 4.7 19.6 25.94 15.32 - 35.8 Pembina Ppln 38.74 - 0.26 572 4.3 34.6 39.48 28.57 + 32.4 Peyto Expl 33.29 - 0.61 333 2.9 37.4 34.66 23.45 + 40.1 Potash Corp 37.09 - 0.04 983 4.2 16.3 45.13 29.67 - 12.9 Power Corp SV 30.43 - 0.07 318 3.8 18.1 32.82 25.02 + 13.9 Power Finl 34.41 + 0.16 354 4.1 15.4 36.79 27.53 + 19.2 Quebecor B SV 24.00 - 0.27 867 0.4 n. a. 27.40 20.125 + 12.8 RioCan REIT 25.61 + 0.18 935 5.5 8.5 29.60 23.46 - 5.4 RogerCom B NV 45.18 - 0.17 729 3.9 12.4 52.75 40.18 - 2.0 Royal Bank 69.98 - 0.12 1200 3.8 12.5 73.35 58.55 + 11.3 Saputo 53.43 + 0.37 208 1.7 20.3 54.62 46.01 + 3.4 Shaw Com B NV 25.16 - 0.22 640 4.4 15.2 26.25 22.23 + 6.3 ShawCor 42.30 + 1.00 276 1.2 9.9 46.77 37.01 + 8.2 Shoppers Drug 58.19 - 0.18 2549 2.0 19.5 61.77 41.46 + 38.5 Silver Wheatn 25.85 + 0.88 1654 1.5 18.0 37.34 18.59 - 30.2 Sun Life Finl 37.03 - 0.10 555 3.9 15.8 38.88 26.08 + 26.1 Suncor Energy 36.14 - 0.12 1891 2.5 13.8 38.56 27.50 + 11.9 TELUS 37.34 - 0.16 662 3.9 17.5 38.96 29.52 + 13.2 TORC O & G 10.03 - 0.11 1018 5.4 n. a. 10.95 6.70 - 8.0 Tahoe Res 22.41 + 1.24 453 n. a. n. a. 22.61 12.44 + 32.8 TalismanEnrgy 11.68 nil 969 2.6 55.6 13.83 10.68 - 8.4 Teck Res B SV 27.40 + 0.09 925 3.3 23.4 34.47 21.11 - 17.7 ThomsonReuter 39.98 - 0.05 709 3.6 32.6 42.10 29.40 + 30.0 Tim Hortons 56.94 + 0.01 511 1.8 20.5 64.18 48.68 + 14.6 TD Bank 48.61 + 0.03 2398 3.5 14.0 50.28 39.795 + 16.5 TransCanada 48.82 + 0.26 793 3.8 21.6 51.21 43.94 + 0.2 TransForce 23.30 - 1.11 426 2.5 17.1 25.88 18.25 + 2.5 TricanWellSvc 13.93 + 0.30 853 2.2 n. a. 16.23 11.97 - 2.0 Valeant Pharm 152.66 + 0.29 232 n. a. n. a. 156.05 65.07+ 124.5 VermilionEnrg 60.35 - 0.45 183 4.3 21.4 63.91 45.78 + 18.0 Whitecap Res 11.43 - 0.30 1612 6.0 33.6 12.94 8.55 + 23.2 Yamana Gold 10.78 + 0.67 4014 2.7 24.4 16.12 8.855 - 35.0 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.1159 Australia$ 0.9878 Bahamas $ 1.1043 Brazil real 0.4592 Chile peso 0.0020 Chinese yuan 0.1822 Czech koruna 0.0547 Denmark krone 0.2019 Dominican peso 0.0257 Egypt pound 0.1586 Euro 1.5063 Hong Kong $ 0.1424 India rupee 0.0177 Japan yen 0.0108 S. Korea won 0.0010 Kuwait dinar 3.9104 Switz franc 1.2314 U. A. E. dirham 0.3006 U. K. pound 1.8116 U. S. $ 1.1043 C A N A D I A N D O L L A R US90.46� - US0.13� Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities B 6 TUESDAY, FEBRUARY 11, 2014 winnipegfreepress. com S i n c e 2 0 0 0 K E E P I N G B R A N D S F R E S H SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ TORONTO - HudBay Minerals Inc. says shareholders of Augusta Resources Corp. would be wise to accept its all- stock takeover offer because the junior mining company doesn't have the finances or expertise to develop its major project without help. The Toronto- based company, in a bid announced on the weekend, is offering to exchange 0.315 of a HudBay share for each Augusta share it doesn't already own - valuing the junior mining company at about $ 540 million. Shares of Vancouver- based Augusta soared more than 27 per cent, or 69 cents, to $ 3.20 on the Toronto Stock Exchange Monday, well above the implied value of $ 2.96 when the offer was made. HudBay stock fell 57 cents, or just over six per cent, to $ 8.83. HudBay Minerals Inc. is out to acquire all the shares of Augusta Resources Corp. that it doesn't already own in a cash and stock deal worth about $ 540 million. August's prime asset is its Rosemont copper deposit in Arizona. HudBay is offering $ 2.96 a share. HudBay fell 57 cents to C$ 28.81 while Augusta's shares rocketed more than 27 per cent to $ 3.20. HudBay president and CEO David Garofalo told analysts Monday that his company believes Augusta's management has consistently underestimated the time and cost of developing Rosemont. " We have been patient and supportive shareholders in Augusta since our initial investment in 2010" and remain confident that Rosemont will eventually get the necessary permits, Garofalo said Monday. - The Canadian Press HudBay turns up heat on Augusta takeover T HE new year got off to a slow start for local homebuilders, with the number of new starts down 19 per cent in January, Canada Mortgage and Housing Corp. ( CMHC) said Monday. The corporation said there were 153 new housing starts recorded last month in the Winnipeg Census Metropolitan Area ( CMA), which includes Winnipeg and 10 neighbouring municipalities. That was a decline of 19 per cent from the 189 starts recorded in January of last year. " The trend in total housing starts moderated for a second consecutive month in January as both single- detached and multi- family construction declined," said Dianne Himbeault, CMHC's senior market analyst for Winnipeg. " The decrease was more pronounced in the multi- family sector, where starts continued to ease from the elevated levels set in 2013." CMHC said the number of multifamily starts fell by 22 per cent to 64 units from 82 in January of last year. Single starts were off by 16.8 per cent to 89 from 107. CMHC has said it expects to see a slowdown in new- home construction activity this year in both Manitoba and the Winnipeg CMA. In its first- quarter forecast released late last week, the corporation said the number of housing starts in Manitoba's major urban areas is expected to decline by 8.9 per cent to 6,800 units from 7,465 in 2013. For the Winnipeg CMA, it's forecasting a six per cent decline - 4,425 units versus 4,705. It predicted a combination of fewer immigrant arrivals, more moderate employment and income growth and a growing inventory of unsold homes will prompt local builders to scale back their construction activity this year. The pace of housing starts also slowed at the national level in January compared with December, CMHC said Monday. It estimated there were 11,737 actual starts during the month and that is extrapolated out to a seasonally adjusted annual rate of 180,248. That's down from 187,144 in December. - Staff/ Canadian Press Housing starts slide to kick off a new year B_ 06_ Feb- 11- 14_ FP_ 01. indd B6 2/ 10/ 14 8: 32: 48 PM ;