21°c A few clouds
25°c Chance of thundershowers
Winnipeg Free Press - PRINT EDITION
Business watch
Artis buys T.O. properties
Artis Real Estate Investment Trust (TSX:AX.UN) has made $122.3 million in acquisitions in the Greater Toronto Area and in Whistler, B.C.
Winnipeg-based Artis said Tuesday it acquired 17 light-industrial properties in the Greater Toronto Area for $95.5 million.
It also took an 85 per cent interest in a retail shopping complex in Whistler Village, B.C., for $26.8 million.
Facebook stock not liked
NEW YORK -- Facebook's stock has fallen below US$30 for the first time.
The stock fell $3.07, or 9.6 per cent, to close at $28.84 Tuesday, down 24 per cent since its public stock debut at $38. It went as low as $28.65 earlier.
Facebook Inc. began trading publicly on May 18 following one of the most anticipated stock offerings in history.
Greek bank issues warning
ATHENS -- An exit from the euro would see Greeks lose more than half their annual income and prompt a rise in unemployment and inflation, the country's largest bank has warned.
A National Bank of Greece study was published Tuesday as Greece heads to new general elections on June 17, amid Europe-wide concern of broader financial turmoil if Greece's place in the currency is threatened by a victory for an anti-austerity party.
Spain retail sales plummet
MADRID, Spain -- A record drop in retail sales added to Spain's woes on Tuesday as the government struggled to boost market confidence in the crippled banking industry and investors remained doubtful of the country's ability to get a grip on its debts.
Retail sales dropped 9.8 per cent year-on-year in April as the country battled its second recession in three years and a 24.4 per cent jobless rate.
Yellow Media downgraded
MONTREAL -- Rating agency DBRS downgraded directories publisher Yellow Media to CCC from a low B, saying a decline in its print revenues continues and the Montreal company could face further downgrades.
-- from the news services
Republished from the Winnipeg Free Press print edition May 30, 2012 B5
More Business
- Back to Top
- Return to Business
More Business
(1 of 50 articles for this week)
US stocks slide, Treasury yields spike after Bernanke says Fed could slow bond purchases
06/19/2013 11:49 PM 0
Poll
Most Popular Business
- Consumers buy new, cheaper cameras instead of fixing existing ones
- Shark Club opens in citiplace
- Hudson's Bay says it's not just a retailer, but a hangout for shoppers
- McMunn & Yates absorbs five McDiarmid locations
- Prairie Pulp & Paper gets foothold in U.S.
- Bank of Canada will raise overnight interest rate in July 2014: BMO economist
- Daycare-subsidy rules bad for business
- Mountain Equipment Co-op unveils new logo, name to appeal to urban customers
- Oil falls as Fed's brighter outlook signals a possible unwinding of stimulus
- Men's Wearhouse fires chairman who told millions 'You're going to like the way you look'
- Shark Club opens in citiplace
- McMunn & Yates absorbs five McDiarmid locations
- Consumers buy new, cheaper cameras instead of fixing existing ones
- Aircraft maintenance engineer taking off
- Daycare-subsidy rules bad for business
- St. Vital Centre's energy savings help managers snag BOMA awards
- Toronto condo market poses economic risk to Canada
- Google unveils Internet beaming balloons launched into stratosphere
- Cutting edge, made-in-Manitoba tech finds buyer -- in Manitoba
- MTS, Rogers extend LTE deal
- New owner for lumber stores
- Earls Pembina says goodbye after 18 years
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Grove Pub to take over former home of Papa George's
- New rules let customers cancel phone contracts without penalty after two years
- Shark Club opens in citiplace
- McMunn & Yates absorbs five McDiarmid locations
- MTS to sell Allstream to Egyptian investment group, focus on Manitoba market
- Where is easy street? Survey of city's richest routes may surprise
- Custom-made suits no longer just for the ultra-wealthy
- Prairie Pulp & Paper gets foothold in U.S.
- Consumers buy new, cheaper cameras instead of fixing existing ones
- McMunn & Yates absorbs five McDiarmid locations
- Shark Club opens in citiplace
- Albertans look to U.S. for pipelines counsel
- Study: Wiser medication use could save US $213 billion a year in avoidable health care costs
- Balancing today with tomorrow
- The $2-million question
- AP Exclusive: Inspections show more Bangladesh garment factories poorly planned and built
- Toronto condo market poses economic risk to Canada
- McMunn & Yates absorbs five McDiarmid locations
- Prairie Pulp & Paper gets foothold in U.S.
- Consumers buy new, cheaper cameras instead of fixing existing ones
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Toronto condo market poses economic risk to Canada
- Cutting edge, made-in-Manitoba tech finds buyer -- in Manitoba
- Google unveils Internet beaming balloons launched into stratosphere
- Warren Buffett -- Winnipeg-style
- Daycare-subsidy rules bad for business
- Accounting merger adds and subtracts
- New owner for lumber stores
- Snowbirds: It's that time of year again
- Sobeys expanding reach in Western Canada with Safeway acquisition
- Custom-made suits no longer just for the ultra-wealthy
- New rules let customers cancel phone contracts without penalty after two years
- Where is easy street? Survey of city's richest routes may surprise
- Value Partners cracks $1-B mark in assets
- McMunn & Yates absorbs five McDiarmid locations
- MTS to sell Allstream to Egyptian investment group, focus on Manitoba market
- Manitoba Movers
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
Have Your Say
Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?
Login SubscribeHave Your Say
Comments are open to Winnipeg Free Press Subscribers only. why?
SubscribeThe Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.