Gaelle Faure June 30, 2008 - 09:59 a.m. PARIS (AP) - To French consumers worried that their spending power is shrinking, France's government says this: Hang in there, help is on the way. Officials are spending $6.8 million on ads now running on TV, the Internet and in newspapers to convince the French that reforms undertaken to make fat their wallets will soon bear fruit. "Are you impatient?" asks common ad. "So are we." ...
Dectron Internationale to go private: bidders offer whopping 79 per cent premium
Jun 30 2008
The Canadian Press June 30, 2008 - 9:57 a.m. MONTREAL - A group of managers including the chief executive has offered $14.5 million to take heating, ventilation and air conditioning firm Dectron Internationale Inc. (TSX:DTL) private, a 78.7 per cent premium to the company's 20-day average mercantile reward. The private investors - CEO Ness Lakdawala, members of his family and company shareholder Leonard Schlemm - obtain entered into an agreement to lever its shares for $4.20 money each. Lakdawala, who is ...
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Enterra Energy Trust names Don Klapko president and CEO, confirms financing
Jun 30 2008
The Canadian Press June 30, 2008 - 9:58 a.m. CALGARY - Enterra Energy Trust (TSX:ENT.UN), whose unit price fell from $30 in 2005 to $6.50 a year ago and $1.00 in December, has named Don Klapko president and chief executive officer, effective immediately. Klapko has been a management consultant to Enterra subsequently to November, and since the unit price bottomed out in December it has revived modestly, rising 16 cents Monday morning to $4.61. "Don's commitment during his seven-month senior executive ...
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SouthGobi Energy stock stoked by thick, shallow coal seams in Mongolia
Jun 30 2008
The Canadian Press June 30, 2008 - 10:41 a.m. VANCOUVER - SouthGobi Energy Resources Ltd. shares (TSXV:SGQ) rose to a new high Monday after the company reported "multiple, thick, near-surface coking and thermal coal seams" at a site 16 kilometres east of its Ovoot Tolgoi coal mine in south Mongolia. The new find includes an intercept 51.5 metres thick, and the Vancouver-headquartered company has renamed the discovery, previously called the Alphabet fields, the Sumber coal project, a name which it said ...
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Labopharm sees regulatory path forward after FDA denies tramadol appeal
Jun 30 2008
The Canadian Press June 30, 2008 - 10:20 a.m. MONTREAL - Labopharm Inc. (TSX:DDS) disclosed Monday that the U.S. Food and Drug Administration has denied its appeal against a prior refusal to approve its once-daily formulation of painkiller tramadol. But the company said an FDA deputy monitor "suggested a regulatory path forward," and its beaten-down stock perked up by means of dint of. other than 25 per cent. Labopharm had said April 1 it was taking the delivering to the next ...
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