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Business

LULU has been the topic of a number of other research reports. Also, Sib Llc have 6.54% of their USA equity exposure invested in the company for 138,281 shares. While Lululemon was distracted by its quality issues and the indiscreet remarks by its founder, retailers from small yoga purveyors to …

Canada’s consumer price index rose one per cent in September from a year earlier, down from the 1.3 per cent annual rate in August, because of deeper decline in gasoline prices in September, according to Statistics Canada. However, food prices soared, as the low loonie pushed up fresh vegetable prices …

The Canadian Federation of Independent Business is encouraging you to shop small until you drop. It’s part of their fourth annual Small Business Saturday, celebrating local stores and the contribution that they make to the economy. Several small local businesses will have events and customer appreciation deals through the day. …

Miners at Glencore’s operations in Sudbury were scheduled to return to work at the Nickel Rim South Mine following the death of a worker underground this week. Operations were halted Oct. 20 when a worker identified as Richard Pigeau was struck by a piece of equipment at the 1660-metre level. …

Belgium’s ambassador to Canada says there are plenty of opportunities for trade and investment between his country and Western Canada. Raoul Delcorde says the northwestern European nation invested $3.3-billion in Canada in 2013, but has had a less visible presence in B.C. and Alberta. He says that will change when …

Fed and feeder cattle prices have come under pressure over the past couple weeks as the market anticipates growing beef, pork and poultry supplies. The cattle complex is in a transition stage from contraction to expansion while pork and poultry have experienced production increases throughout 2015. The demand picture has …

Intertek Group has agreed to acquire Professional Service Industries for $330 million on a cash-free and debt-free basis. This is equivalent to a 7.6x multiple based on adjusted LTM EBITDA of US$43 million for the 12 months to 31 August. PSI is a leading US based provider of testing and …

With a strong consolidation strategy and more expensive cars in its showrooms, car dealer Vertu Motors (VTU) has just reported record interim profit growth and its eighth consecutive half-year increase in like-for-like used car sales. Even the unfortunate timing of its VW dealership acquisition is paying off, so far. Just …

AN Iceland video about its range of bread has been banned for oversimplifying the baking process and the number of ingredients. The online video ad showed various bread products, the exterior of a windmill and an interview with a baker who appeared to be inside the windmill, and said: “Our …