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Enghouse Systems buying Mediasite business from Sonic Foundry for US$15.5M in cash

Enghouse Systems buying Mediasite business from Sonic Foundry for US$15.5M in cash

MARKHAM, Ont. — Business software company Enghouse Systems Ltd. says it has signed a deal with Sonic Foundry Inc. to buy its Mediasite business for US$15.5 million in cash.
Teck closes sale of minority stakes in coal business to Nippon, Posco

Teck closes sale of minority stakes in coal business to Nippon, Posco

VANCOUVER — Teck Resources Ltd. says it has closed its previously announced deal to sell minority interests in its steelmaking coal business to Japan's Nippon Steel Corp. and South Korean steelmaker Posco.
Alimentation Couche-Tard completes acquisition of European assets from TotalEnergies

Alimentation Couche-Tard completes acquisition of European assets from TotalEnergies

LAVAL, Que. — Alimentation Couche-Tard Inc. says it has completed its acquisition of certain European retail assets from French oil giant TotalEnergies SE.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,818.58, down 53.56 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 72 cents, or 0.84 per cent, to $84.97 on 10.
Ontario woman files proposed class-action lawsuit over salmonella-tainted cantaloupes

Ontario woman files proposed class-action lawsuit over salmonella-tainted cantaloupes

An Ontario woman who became ill after eating cantaloupe is the lead plaintiff in a second proposed class-action lawsuit filed over cantaloupe-linked salmonella infections across the country.
Suncor shares rise after posting second-highest quarter for oil output

Suncor shares rise after posting second-highest quarter for oil output

CALGARY — Suncor Energy Inc.'s share price jumped Wednesday as the company reported its fourth quarter oil output was its second-highest quarter ever.
S&P/TSX moves lower Wednesday despite energy gains, U.S. markets also down

S&P/TSX moves lower Wednesday despite energy gains, U.S. markets also down

TORONTO — Canada's main stock index lost more than 50 points Wednesday despite strength in energy stocks, while U.S. stock markets also fell. The S&P/TSX composite index closed down 53.56 points at 20,818.58.
Vehicle sales posted biggest annual jump last year since 1997: DesRosiers

Vehicle sales posted biggest annual jump last year since 1997: DesRosiers

TORONTO — Auto sales jumped 11.8 per cent in 2023 compared with the year before as vehicle supply continued to improve, according to DesRosiers Automotive Consultants. The report says it was the biggest year-over-year increase in sales since 1997.
Vancouver region closes out 2023 with higher home sales, average price of $1.17M

Vancouver region closes out 2023 with higher home sales, average price of $1.17M

The Real Estate Board of Greater Vancouversays December home sales rose compared with a year earlier as the region closed out 2023 with balanced market conditions despite high borrowing costs.
Federal Reserve minutes: Officials saw inflation cooling but were cautious about timing of rate cuts

Federal Reserve minutes: Officials saw inflation cooling but were cautious about timing of rate cuts

WASHINGTON (AP) — The Federal Reserve's policymakers concluded last month that inflationary pressures were easing and that the job market was cooling.