Winnipeg Free Press

Tuesday, July 28, 2015

Issue date: Tuesday, July 28, 2015
Pages available: 28
Previous edition: Monday, July 27, 2015

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Winnipeg Free Press (Newspaper) - July 28, 2015, Winnipeg, Manitoba C M Y K PAGE B5 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 FPMARKETS TSX, CRUDE TAKE HIT 14,001.37 - 184.87 - 1.30% 581.71 - 10.77 - 1.82% 17,440.59 - 127.94 - 0.73% 5,039.78 - 48.85 - 0.96% B Y A L E X A N D R A P O S A D Z K I T O R O N T O . The Toronto Stock Exchange registered a triple- digit loss Monday, led by the resource sectors, following a major selloff in the Chinese market and weakness in oil. The S& P/ TSX composite index plunged 184.87 points to close at 14,001.37, while the loonie lost 0.06 of a cent at 76.66 cents U. S. The move in Toronto came after the Shanghai share index posted its biggest one- day plunge since February 2007. Nearly all of the sectors of the TSX closed lower, with the exception of health care. Resources fared especially poorly, with the gold sector losing more than four per cent, while metals and mining lost 3.7 per cent, materials lost 3.1 and energy closed 2.8 per cent lower. China is a major importer of metals and oil, which are heavily weighted sectors on the TSX. In commodity trading, light- crude futures fell US$ 1.10 to US$ 47.39, while natural gas gained two cents to US$ 2.79. Gold - often seen as a safe haven for investors during times of economic turmoil - closed higher, gaining US$ 10.90 to US$ 1,096.50. In New York, the Dow Jones industrial average lost 127.94 points to 17,440.59, while the Nasdaq sank 48.85 points to 5039.78 and the S& P 500 fell 12.01 points to 2067.64. The Canadian Press FP CAREERS Every Wednesday & Saturday Reach quality candidates by showcasing your organization's employment opportunities. Place your ad today: 1- 866- 588- 7678 | careers@ nationalpost. com For Career Advice For Job Search / jobs C O M M O D I T I E S C R U D E O I L US$ 47.39 - US75� N Y M E X G A S US$ 2.79 US1� G O L D US$ 1,096.50 US$ 10.90 S I L V E R US$ 14.67 US14� Name CHANGE LAST VOLUME AG Growth Intl Inc - 0.38 45.48 34,417 All In West! Capital Corp nil 0.01 0 Arctic Glacier Income Fund nil 0.05 141 Artis Real Estate Invmt Tr - 0.34 12.98 304,581 Bird River Resources Inc nil 0.04 0 Boyd Group Inc ( the) - 0.82 56.09 26,829 Buhler Industries Inc 0.05 5.90 175 Canickel Mining Limited nil 0.10 0 Copper Reef Mining Corp nil 0.04 0 Craig Wireless Systems Ltd nil 0.05 0 Diamedica Inc nil 0.10 27,000 Empire Industries Inc - 0.01 0.10 5,000 Exchange Income Corporation- 0.41 21.35 28,849 FP Newspapers Inc - 0.14 1.61 5,260 Gendis Inc nil 3.66 1,000 Gossan Resources Limited nil 0.02 0 Great West Lifeco Inc - 0.29 35.86 684,983 Hudbay Minerals Inc - 0.35 8.28 943,915 IGM Financial Inc - 1.07 37.26 347,256 Kane Biotech Inc nil 0.04 251,000 King's Bay Gold Corp nil 0.01 0 Lakeview Hotel Investment Corpnil 0.30 200 Lanesborough Real Estate Inv nil 0.30 0 Legumex Walker Inc - 0.04 2.34 3,200 Mainstream Minerals Corp nil 0.01 0 Manitoba Telecom Services - 0.51 28.36 238,286 Medicure Inc - 0.19 2.88 18,296 Miraculins Inc nil 0.06 20,500 New Flyer Industries Inc - 0.26 16.08 27,481 Nordic Oil & Gas Ltd - 0.01 0.01 28,500 North West Co Inc 0.05 27.21 121,147 Novra Technologies Inc nil 0.06 0 People Corporation 0.05 3.40 23,943 Pollard Banknote Ltd nil 7.50 50 San Gold Corp nil 0.01 0 Sgx Resources Inc 0.01 0.01 48,000 Temple Hotels Inc - 0.04 1.62 92,992 Victory Nickel Inc nil 0.03 0 Wildcat Exploration Ltd nil 0.04 0 Winpak Ltd - 1.46 42.70 20,032 Issuer Change Close Vol Issuer Change Close Vol ARC Resources 18.69 - 0.52 1104 6.4 17.0 31.90 18.58 - 38.6 Agnico Eagle 29.88 - 1.38 954 1.4 n. a. 45.92 25.05 - 33.9 Agrium 129.52 - 2.47 347 3.5 18.0 146.51 92.81 + 30.0 Aliment B SV 57.69 - 0.48 516 0.4 26.8 58.75 29.35 + 91.7 AltaGas 35.99 - 0.30 399 5.3 39.5 53.06 35.54 - 27.4 BCE 52.94 - 0.50 1308 4.9 18.8 60.20 46.43 + 7.3 Bank of Mtl 72.00 - 1.07 1709 4.6 11.6 85.71 71.83 - 12.5 Bank of NS 61.07 - 1.24 2398 4.5 10.6 74.93 60.75 - 16.9 Barrick Gold 8.98 - 0.49 3678 2.9 n. a. 21.14 8.87 - 55.5 Baytex Energy 11.68 - 1.09 1837 10.3 n. a. 48.70 11.64 - 76.0 BlackBerry 9.50 - 0.08 1247 n. a. n. a. 15.10 9.30 - 14.6 Bombrdr B SV 1.78 nil 12886 n. a. n. a. 4.43 1.47 - 51.2 BrkfldAsst LV 44.84 - 0.45 817 1.4 10.1 48.64 31.947 + 39.5 CGI Group SV 50.21 - 0.59 409 n. a. 16.9 57.69 36.35 + 30.6 CI Financial 31.77 - 0.73 793 4.2 16.5 36.25 30.56 - 11.1 Cameco 16.89 - 0.62 1110 2.4 n. a. 22.74 16.73 - 25.2 CIBC 89.55 - 1.03 1118 4.9 10.2 107.37 88.04 - 10.8 Cdn Natl Rail 78.53 - 0.43 1455 1.6 19.4 88.89 68.81 + 6.1 Cdn Natrl Res 30.20 - 0.49 2135 3.0 10.8 49.06 29.99 - 38.1 Cdn Oil Sands 7.01 - 0.27 2576 2.9 31.9 24.08 6.01 - 70.7 Cdn Pac Rail 201.72 - 2.76 414 0.7 21.7 247.56 189.79 - 4.1 Cdn Tire A NV 127.48 - 2.86 241 1.6 17.0 137.48 101.87 + 24.1 Cdn Wstrn Bnk 22.92 - 0.85 818 3.8 8.1 43.30 22.55 - 44.2 Catamaran 80.18 + 0.12 1167 n. a. 37.5 80.46 44.17 + 65.6 Cenovus Enrg 17.25 - 0.25 1917 6.2 n. a. 34.70 16.99 - 47.7 ConcordiaHlth 102.16 - 1.44 143 0.4 n. a. 107.15 32.58+ 183.8 ConstlltnSftw 570.50 + 1.00 117 0.9 72.9 580.00 248.80+ 119.4 CrescentPoint 18.75 - 1.07 3531 14.7 18.0 45.06 18.67 - 58.5 DH Corp 41.68 - 0.46 254 3.1 26.9 43.25 29.85 + 33.5 Detour Gold 10.72 - 0.79 1695 n. a. n. a. 16.37 6.02 - 20.7 Dollarama 77.16 - 0.59 221 0.5 33.1 80.88 44.48 + 72.5 Element Finl 18.80 - 1.00 2080 n. a. 75.2 20.15 11.50 + 29.0 Emera 41.86 - 0.38 274 3.8 16.7 43.62 33.30 + 20.8 Enbridge 54.86 - 0.56 1179 3.4 n. a. 66.14 47.43 - 0.5 EnCana 9.67 - 0.59 6025 3.8 n. a. 25.69 9.53 - 59.4 Enerplus 7.94 - 0.94 1307 7.6 n. a. 25.89 7.90 - 69.0 FairfaxFin SV 643.96 + 2.96 18 2.0 10.3 739.00 490.00 + 26.1 Finning Intl 21.33 + 0.20 556 3.4 12.1 34.34 20.52 - 32.8 First Quantum 11.56 - 0.45 3676 0.9 8.5 27.29 9.89 - 55.9 Fortis 36.38 - 0.26 423 3.7 24.9 42.23 32.98 + 10.4 Franco- Nevada 53.06 - 0.20 1206 0.2 68.9 74.10 49.96 - 15.0 Genworth MI 29.46 - 0.88 432 5.3 7.2 41.98 27.58 - 20.8 Gibson Energy 18.63 + 0.01 588 6.9 93.2 37.77 18.40 - 45.3 Gildan Actvwr 43.52 - 0.40 493 0.8 32.1 44.86 28.45 + 31.2 Goldcorp 16.41 - 0.94 3234 4.8 n. a. 32.32 16.16 - 46.2 Grt- West Life 35.86 - 0.29 685 3.6 13.5 37.70 29.30 + 13.8 Home Capital 29.15 - 0.72 735 3.0 6.5 55.94 27.50 - 41.3 Husky Energy 22.57 - 0.01 879 5.3 28.9 33.72 21.39 - 33.1 IGM Financial 37.26 - 1.07 347 6.0 12.3 52.97 37.10 - 27.4 Imperial Oil 45.15 - 0.50 582 1.2 11.7 57.96 44.08 - 21.3 Intact Finl 90.20 - 0.02 120 2.4 15.2 95.77 70.52 + 26.4 Inter Ppln 26.12 - 0.11 1074 5.6 23.5 38.95 25.82 - 24.6 Keyera 41.99 + 0.21 300 3.3 30.3 49.92 34.495 + 1.9 Linamar 75.09 - 1.57 152 0.5 13.7 89.42 48.13 + 20.8 Loblaw Cos 70.35 - 0.05 505 1.4 37.3 70.42 52.01 + 33.2 Lundin Mining 4.32 - 0.21 18795 n. a. 12.3 6.56 3.68 - 31.4 MEG Energy 13.37 - 1.28 738 n. a. n. a. 40.75 13.30 - 65.1 METRO 35.60 + 0.05 363 1.3 19.2 37.10 22.673 + 52.3 MacDonald Det 82.84 - 0.96 120 1.8 49.3 101.42 78.23 nil Magna Intl 69.01 - 1.13 1025 1.7 11.4 74.50 46.445 + 15.2 Manulife Finl 22.40 - 0.38 3319 3.0 12.7 24.20 18.91 + 1.4 Methanex 57.76 - 0.82 363 2.5 13.1 77.82 48.97 - 18.4 National Bank 43.78 - 0.86 920 4.8 9.8 55.50 43.66 - 9.6 Open Text 48.11 - 0.73 218 2.2 17.6 76.71 48.06 - 6.2 Paramount Res 19.66 - 1.34 542 n. a. n. a. 66.37 19.35 - 65.1 Pembina Ppln 37.28 - 0.45 712 4.9 39.2 53.04 36.16 - 20.2 Peyto Expl 27.69 - 0.65 345 4.8 17.4 38.70 27.60 - 25.3 Potash Corp 35.58 - 0.56 1225 5.6 14.5 47.10 35.245 - 9.7 Power Corp SV 29.90 - 1.08 839 4.2 9.9 34.79 27.60 - 6.0 Power Finl 33.53 - 0.87 668 4.4 10.7 39.04 30.14 - 4.2 PrairieSky Rt 26.16 - 1.30 870 5.0 n. a. 42.27 23.06 - 38.3 Precisn Drill 6.15 - 0.14 1851 4.6 n. a. 14.72 5.70 - 59.1 PrgrssWaste 31.95 - 0.05 353 2.0 23.8 38.52 26.84 + 19.2 Rstrnt Brand 54.21 + 2.01 946 0.7 n. a. 57.11 34.02 n. a. RioCan REIT 25.91 - 0.62 535 5.4 14.2 30.25 25.11 - 6.5 RogerCom B NV 45.68 - 0.24 1004 4.2 18.9 47.50 40.72 + 7.6 Royal Bank 73.52 - 1.07 2554 4.2 11.3 83.87 71.74 - 8.0 SNC- Lavalin 41.20 - 1.17 290 2.4 4.7 59.63 36.24 - 28.6 Saputo 29.80 - 0.12 691 1.7 19.2 37.58 28.78 - 10.6 Shaw Com B NV 26.91 - 0.08 709 4.4 16.6 31.93 26.45 - 1.8 Silver Wheatn 16.49 - 0.38 2536 1.6 26.9 29.98 15.79 - 42.9 SilverCrest 1.07 + 0.11 8965 n. a. n. a. 2.35 0.87 - 52.9 Stantec 35.71 - 0.40 274 1.2 19.8 38.135 28.78 + 2.2 Sun Life Finl 41.10 - 0.34 941 3.7 14.0 43.44 35.73 - 0.7 Suncor Energy 32.72 - 0.36 2263 3.4 55.5 45.91 30.89 - 28.2 Superior Plus 10.95 - 0.51 880 6.6 n. a. 15.06 10.79 - 21.1 TELUS 43.96 - 0.21 648 3.8 18.5 45.14 37.13 + 17.1 Teck Res B SV 8.82 - 0.44 2950 3.4 14.7 26.98 8.77 - 65.2 ThomsonReuter 48.66 - 0.38 741 3.6 15.5 53.00 39.45 + 22.0 TD Bank 50.99 - 0.87 3069 4.0 12.4 58.20 49.67 - 9.8 Tourmaline 31.38 - 0.97 460 n. a. 14.9 55.17 31.27 - 40.4 TransCanada 49.29 - 0.11 1084 4.2 20.3 63.86 48.46 - 11.8 TransForce 23.24 - 0.85 432 2.9 14.3 31.60 23.05 - 16.5 Valeant Pharm 337.49+ 10.79 484 n. a. n. a. 341.02 116.01+ 152.7 Veresen 14.98 + 0.42 658 6.7 53.5 19.40 13.52 - 23.6 VermilionEnrg 41.86 - 1.82 462 6.2 26.8 72.49 41.61 - 42.7 West Fraser 56.63 - 1.62 457 0.5 26.8 78.55 46.15 + 11.6 WestJet Airl 22.67 + 0.62 428 2.5 8.6 34.95 21.28 - 16.5 Weston George 105.88 - 0.72 91 1.6 n. a. 107.56 85.15 + 24.4 Whitecap Res 10.17 - 0.58 2494 7.4 5.6 18.70 9.75 - 38.8 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 0.0837 Australia dollar 0.9492 Chinese yuan 0.2098 Denmark krone 0.1938 Dominican peso 0.0289 Euro 1.4460 Hong Kong dollar0.1681 India rupee 0.0203 Japan yen 0.0106 S. Korea won 0.0011 Mexico peso 0.0800 Pakistan rupee 0.0128 Russia rouble 0.0220 Sri Lanka rupee 0.0097 Sweden krona 0.1533 Switzerland franc1.3531 Taiwan dollar 0.0413 U. A. E. dirham 0.3547 U. K. pound 2.0275 U. S. dollar 1.3027 C A N A D I A N D O L L A R US76.66� - US0.06� 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 FUTURES TRADING CANOLA Nov. ' 15508.00 508.00 488.10 490.50 508.80 Jan. ' 16 508.10 508.10 488.50 491.00 509.00 March 503.00 503.00 487.00 489.20 506.80 May 490.20 493.10 483.00 485.20 503.20 July 487.40 490.70 477.70 480.00 498.00 Nov. 458.00 458.00 444.40 448.40 466.70 Jan. ' 17 0.00 0.00 0.00 449.60 467.90 March 0.00 0.00 0.00 451.30 469.60 May 0.00 0.00 0.00 451.30 469.60 July 0.00 0.00 0.00 451.30 469.60 Nov. 0.00 0.00 0.00451.30 469.60 BARLEY ( WESTERN) Oct. ' 15 0.00 0.00 0.00 210.10 212.10 Dec. 0.00 0.00 0.00 210.10 212.10 March ' 16 0.00 0.00 0.00 212.10 214.10 May 0.00 0.00 0.00 213.10 215.10 July 0.00 0.00 0.00 213.10 215.10 Oct. 0.00 0.00 0.00 213.10 215.10 Dec. 0.00 0.00 0.00 213.10 215.10 March ' 17 0.00 0.00 0.00 213.10 215.10 May 0.00 0.00 0.00 213.10 215.10 July 0.00 0.00 0.00 213.10 215.10 ct. 0.00 0.00 0.00 213.10 215.10 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. T H E M A R K E T S O N 0 7 . 2 7 . 1 5 SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ FP staffer awarded THE Free Press 's Kelly Taylor has been judged to be among the best in the world of automotive journalism. His story Saline Solution won a bronze medal at the 24th annual International Automotive Media Competition. The award was announced at the 2015 Concours d'Elegance of America in St. John's, Mich., on Sunday. The IAMC is judged by 22 industry professionals, including such well- known automotive journalists as Ken Gross, Dave Despain, John Lamm and Matt DeLorenzo. The awards were for stories published or broadcast in 2014. Saline Solution was an in- depth look at the Quant eSportlimousine, a 770- horsepower electric supercar powered by a nanoflowcell energy source, which uses metallic salts dissolved in water as the source of energy. Teva makes US$ 40- B buy JERUSALEM - Israel's Teva Pharmaceutical Industries Ltd. said Monday it is purchasing Dublin- based Allergan PLC's generic pharmaceuticals business for US$ 40.5 billion, in what Israeli analysts called the largest- ever acquisition by an Israeli company. Statements from both companies say the deal will see Allergan receive US$ 33.75 billion in cash and shares of Teva valued Monday at US$ 6.75 billion. In light of the acquisition, Teva said it was withdrawing its US$ 40 billion- plus takeover offer for pharmaceuticals company Mylan N. V. Word of the acquisition saw Teva shares shoot up 13 per cent in preopening trading on the Nasdaq. Trading in Teva shares on the Tel Aviv Stock Exchange halted over the news of the sale. The Israeli pharmaceutical giant is the world's largest generic drugmaker. It said in a statement the acquisition would provide patients with more access to affordable medicines. " Through our acquisition of Allergan Generics, we will establish a strong foundation for long- term, sustainable growth, anchored by leading generics capabilities and a world- class late- stage pipeline that will accelerate our ability to build an exceptional portfolio of products - both in generics and specialty as well as the intersection of the two," Erez Vigodman, president and CEO of Teva, said in a statement. No TV with your Tims? TORONTO - Executives at Tim Hortons are reconsidering whether it's worth the risk of flavouring your coffee break with potential controversy. After the restaurant chain was dragged into a clash between environmentalists and oil industry supporters last month, Daniel Schwartz, CEO of Tim Hortons' parent company Restaurant Brands, said Monday the company is reviewing its Tims TV in- store digital screens. " We're now taking a look at the whole Tims TV program and what makes sense for the brand," Schwartz said in an interview with The Canadian Press. " As with many things in the restaurant, we explore what's best from time to time." The review comes after Tim Hortons was put in the hot seat for giving advertisement space to pipeline giant Enbridge on its in- store digital screens. The commercials angered environmentalists, who launched an online petition to get them pulled. When Tim Hortons yanked the Enbridge ads, some oil- sector supporters called it an insult to one of Canada's biggest industries and launched their own boycott. The conflict showed the potential dangers of a brand as recognizable as Tim Hortons selling ad space to companies that could rankle its customers. The coffee and doughnut chain began experimenting with Tims TV last year before rolling out screens at restaurants across the country. - staff, the news services BUSINESS Watch A THENS - Greece's government on Monday launched complex bailout negotiations with creditors, but faced rebuke following revelations former finance minister Yanis Varoufakis formed a secret committee to plan for the possible conversion of euros into drachmas " at a drop of a hat." Finance Minister Euclid Tsakalotos said late Monday meetings in Athens had begun between Greek officials and negotiating teams representing creditors, with talks to intensify today, paving the way for higher- level discussions, possibly by the end of the week. Before the talks started in Athens, a recording of Varoufakis discussing a parallel currency plan was made public. Opposition parties have criticized Varoufakis and have urged Prime Minister Alexis Tsipras to explain to lawmakers what he knew of his former finance minister's actions. In the recording of a telephone briefing for investors on July 16 in the wake of his resignation days earlier, Varoufakis claimed he and a childhood friend who was a computer expert hacked into his ministry's computer systems as a first step to creating " a parallel banking system" in the event Greek banks were shuttered. The Greek banks were closed June 29 to avoid a bank run amid fears Greece was heading for a euro exit. In theory, a parallel system formed from the effective cloning of tax accounts would have allowed the finance ministry to continue payments in the form of socalled IOUs. Varoufakis said he had been authorized by Tsipras to undertake the planning prior to the general election in January when the radical left Syriza party swept to power. And he insisted his actions were legal, in the public interest and aimed at keeping the country in the 19- country eurozone. In essence, the plan, which Tsipras ultimately blocked, would have created a " functioning parallel system" to give the government " some breathing space." " It would be euro- denominated but at the drop of a hat it could be developed to a new drachma," Varoufakis said. Varoufakis confirmed the authenticity of the recording, which was released by the briefing organizers, London- based Official Monetary and Financial Institutions Forum. The revelation Varoufakis was working on a Plan B over Greece's future was one of many in a wide- ranging discussion on the Greek crisis. He also said German Finance Minister Wolfgang Schaeuble wanted Greece to leave the euro but his boss, Chancellor Angela Merkel, was against so- called Grexit. The recording prompted an outcry among opposition parties. The main conservative opposition, New Democracy, accused Varoufakis of " dark methods that threaten democracy" and summoned Tsipras to brief parliament. - The Associated Press Plan B revealed as Greek bailout talks launched Kelly Taylor Ex- finance minister eyed parallel system B_ 05_ Jul- 28- 15_ FP_ 01. indd B5 7/ 27/ 15 6: 24: 13 PM ;