Saturday, April 23, 2016

Cameco Corporation - CCO.t

Cameco Corporation - CCO.t is one of the world's largest uranium producers accounting for about 15% of the world's production from its mines in Canada, the US and Kazakhstan.

Cameco holds premier land positions in the world's most promising areas for new uranium discoveries.



On April 21, 2016 the media released News

"Cameco (TSX: CCO; NYSE: CCJ) announced today that it is suspending production at its Rabbit Lake operation in northern Saskatchewan and production is being curtailed at Cameco Resources’ US operations by deferring wellfield development. The changes are expected to result in a reduction of about 500 positions at Rabbit Lake and about 85 at the US operations, including employees and long-term contractors.

“We regret the impact these decisions will have on many of the talented and dedicated people working at these operations and on their home communities,” said Cameco president and CEO Tim Gitzel. “Unfortunately, continued depressed market conditions do not support the operating and capital costs needed to sustain production at Rabbit Lake and the US operations. These measures will allow us to continue delivering value to Cameco’s many stakeholders and support the long-term health of our company. We will provide assistance to those affected by these decisions.”

Cameco and its US subsidiaries are working with employees at the affected operations to ensure a safe and orderly implementation of the decisions. The Rabbit Lake operation will be placed in a safe care and maintenance state allowing Cameco the option to resume production when market conditions significantly improve. Cameco will offer affected employees exit packages. Where possible, the company will consider alternatives such as relocation to other Cameco facilities and job sharing options as part of its effort to minimize the impact on people and surrounding communities. A workforce of about 150 people will be required to maintain the facilities and sustain environmental monitoring and reclamation activities at Rabbit Lake. Work to transition the operation to care and maintenance will begin immediately and is expected to be completed by the end of August 2016. Workforce adjustments will occur over the next four months.
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http://canadastockjournal.blogspot.com/2016/04/cameco-corporation-ccot.html

Monday, April 18, 2016

National Bank of Canada - NA.t

National Bank of Canada - NA.t is the sixth largest commercial bank in Canada. It is headquartered in Montreal with branches in most Canadian provinces and 2.4 million personal clients.





On April 15, 2016 the company released News

"
National Bank held its annual meeting of shareholders today at the Bank’s head office in Montreal. Founded in Quebec City in 1859, National Bank has been an active player in Montreal’s development for nearly 145 years.
Solid performance
During the meeting, Louis Vachon, President and Chief Executive Officer, highlighted National Bank’s solid performance in fiscal 2015 and the first quarter of 2016. In addition to delivering a sound performance across all business segments and increasing loan and investment volumes, the Bank continued to invest in technology in order to better serve its clients.
Clearly defined drivers of growth
Over the next quarters, National Bank will pursue its business priorities focussing on three main drivers of growth.
·  Technological investmentsBuilding on a multi-channel offering that complements an increasingly modern branch network centred on technology and advisory services.
·  Targeted expansion across CanadaContinuing to develop the services National Bank is noted for, especially in Western Canada, such as private banking, government financing, infrastructure financing and specialized markets for business, e.g., agriculture, healthcare, film and television.
· A structured approach to international developmentStrengthening the Bank’s presence in certain geographical markets with attractive long‑term growth potential, including Asia and Africa.
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http://canadastockjournal.blogspot.com/2016/04/national-bank-of-canada-nat.html

Sunday, April 10, 2016

Sun Life Financial Inc. - SLF.t

Sun Life Financial Inc. - SLF.t is a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers.

Sun Life Financial has operations in a number of markets worldwide and offers life insurance, health, dental and disability insurance, education savings, medical insurance, investing and retirement planning services, annuities, and a host of other financial security products, specifically designed for various life stages and goals.

On March 29, 2016 the company released News

"Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") today announced that its 2015 Annual Report and its Notice of Annual Meeting and Management Information Circular for the May 11, 2016 annual meeting are now available.

These documents can be accessed electronically at www.sunlife.com/2015AnnualReport and www.sunlife.com/AnnualMeetingMaterials.

Shareholders may obtain printed copies of these documents free of charge by contacting the Company through its website. These documents have been filed with the Canadian securities regulators and the United States Securities and Exchange Commission. Distribution to shareholders began today. The 2015 Annual Report includes the management's discussion and analysis, consolidated financial statements, sources of earnings by business group and other Company information.

About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers. Sun Life Financial has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2015, the Sun Life Financial group of companies had total assets under management of $891 billion. For more information please visit www.sunlife.com.
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http://canadastockjournal.blogspot.com/2015/08/sun-life-financial-inc-slft.html


Friday, April 8, 2016

MacDonald, Dettwiler and Associates Ltd. - MDA.t

MacDonald, Dettwiler and Associates Ltd. - MDA.t is a global communications and information company providing operational solutions to commercial and government organizations worldwide.

MDA's well-established global customer base is served by more than 4,500 employees operating from 11 locations in the United States, Canada and internationally.
On April 4, 2016 the company released News

"MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") a global communications and information company, today announced that it has signed two contracts with a combined value of 4.3 million euros with Thales Alenia Space for four subsystems to be installed on the Sentinel-6A, -6B, -3C, and -3D environmental monitoring satellites, part of Europe’s Copernicus program.
These subsystems are dedicated to the satellites’ altimetry instruments and provide the satellites with the capability to measure the distance to Earth from the satellite, which enables it to map ocean-surface topography, for example.

About MDA

MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide.

MDA's business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development.

MDA's established global customer base is served by more than 4,800 employees operating from 11 locations in the United States, Canada, and internationally.
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http://canadastockjournal.blogspot.com/2016/04/macdonald-dettwiler-and-associates-ltd.html