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Found 36 results

  1. http://www.nationalpost.com/most-popular/story.html?id=2501508 I remember I used to listen to Expos games on CIQC when I was a kid. Another piece of Montreal dies...
  2. I compiled the list down to a few names... All Canadian companies that excel in each category over other Canadian companies. - Aerospace & Defense: Bombardier - 8th (in that sector) [416th overall] - Banking: RBC - 17th (in that sector) [53rd overall] - Capital Goods: none - Chemicals: Potash of Saskatchewan - 16th (in that sector) [622nd overall] - Conglomerates: none - Construction: SNC-Lavalin - 34th (in that sector) [1063rd overall] - Consumer Durables: Magna International - 30th (in that sector) [922nd overall] - Diversified Financials: Power Corp of Canada - 9th (in that sector) [247th overall] - Food Markets: George Weston - 7th (in that sector) [412th overall] - Food, Drink & Tobacco: Saputo - 54th (in that sector) [1236th overall] - Health Care Equipment & Services: none - Hotels, Restaurants & Leisure: Tim Hortons - 18th (in that sector) [1714th overall] - Household & Personal Products: none - Insurance: Manulife Financial - 8th (in that sector) [112th overall] - Materials: Teck Resources - 17th (in that sector) [364th overall] - Media: Thomson Reuters - 7th (in that sector) [295th overall] - Oil & Gas Operations: Suncor Energy - 21st (in that sector) [159th overall] - Retailing: Shoppers Drug Mart - 30th (in that sector) [810th overall] - Semiconductors: none - Software & Services: CGI Group - 26th (in that sector) [1661st oveall] - Technology Hardware & Equipment: Research In Motion - 11th (in that sector) [384th overall] - Telecommuncations: BCE - 16th (in that sector) [239th overall] - Trading Companies: none - Transportation: Canadian National - 8th (in that sector) [377th overall] - Utilities: TransCanada - 21st (in that sector) [312th overall] All are publicly traded companies All the bold above. Their headquarters are here in Montreal
  3. Le géant automobile devrait annoncer «des changements importants» qui toucheront ses opérations en réponse à la «volatilité de la situation économique mondiale» vendredi prochain lors de la divulgation de ses résultats. Pour en lire plus...
  4. La capitale londonienne sera le siège européen d'OMERS. Les opérations seront menées sous le nom d'OMERS Worldwide. Pour en lire plus...
  5. La Banque centrale européenne a injecté cette somme lundi sur le marché monétaire dans le cadre de ses opérations concertées avec la Réserve fédérale américaine. Pour en lire plus...
  6. Miranda Technologies investit pour agrandir ses bureaux montréalais 26 septembre 2008 - 16h50 Presse Canadienne Technologies Miranda a annoncé vendredi son intention d'investir 8 millions $ pour effectuer des travaux d'agrandissement à son siège social, à Montréal. L'entreprise, spécialisée dans la conception, la fabrication et la distribution de matériel et de logiciels pour l'industrie de la télédiffusion, prévoit ainsi accroître la capacité de ses infrastructures de recherche et développement et de fabrication. La superficie de ses bureaux sera accrue de 55 pour cent, pour atteindre 8500 mètres carrés. Selon le président et chef de la direction Strath Goodship, le volume des ventes de Miranda a plus que triplé depuis que la société s'est établie dans ses installations actuelles, en 2001. «Notre succès a engendré des besoins d'espaces additionnels et nous réalisons cet investissement pour soutenir notre croissance et demeurer concurrentiels à long terme», a-t-il précisé dans un communiqué. La plupart des activités de l'entreprise de 450 employés seront ainsi centralisées dans cet emplacement unique, a-t-il ajouté. Selon Ben Jekic, un analyste chez Desjardins Sécurité financière, cette décision démontre toute la confiance qui habite les dirigeants de l'entreprise et permet d'envisager «une croissance de qualité et de l'amélioration dans les opérations quotidiennes». M. Jekic a noté que des améliorations au niveau de la gestion avaient eu des répercussions positives sur les opérations et «devraient produire de plus grands bénéfices bruts et réduire le temps requis pour commercialiser ses nouveaux produits». Miranda a cessé ses opérations en Grande-Bretagne et décidé de rapatrier à son siège social la fabrication de produits autrefois confiée en impartition. M. Jekic a attribué aux actions de la compagnie un prix-cible de 13,75$. L'action de Miranda a cédé vendredi 28 cents, soit 4,2 pour cent, pour clôturer à 6,36 $ à la Bourse de Toronto. Pour en lire plus...
  7. Mises à pied chez CTV Mise à jour le jeudi 27 novembre 2008, 13 h 45 . CTV Photo: PC/Kevin Frayer CTV annonce qu'elle mettra 105 employés à pied à Toronto, selon une porte-parole de l'entreprise. Bonnie Brownlee précise que pratiquement tous les employés licenciés le sont à Toronto, mais ne pouvait pas préciser quels services sont touchés par les compressions. Le PDG de CTVglobemedia, Ivan Fecan, avait déjà écrit aux employés pour les prévenir que la diminution des revenus publicitaires obligerait l'entreprise à effectuer des mises à pied et à imposer un gel d'embauches. « Après d'intenses réflexions, nous en sommes venus à la conclusion qu'il n'était plus possible de maintenir les opérations courantes de l'entreprise dans leur état actuel », écrivait-il. Outre un gel de l'embauche et des frais de déplacement et de divertissement, Ivan Fecan a prévenu que plusieurs nouveaux projets pourraient être révisés, reportés ou carrément suspendus. CTV possède notamment les réseaux TSN et MuchMusic et le site Internet CTV Newsnet. Plus tôt ce mois-ci, CanWest Global, a annoncé l'élimination de 560 emplois, dont 210 au sein de ses opérations de diffusion.
  8. Draxis to create up to 100 jobs after chosen by J&J for contract manufacturing 6 days ago MONTREAL (CP) — Pharma company Draxis Health Inc. (TSX:DAX) is building a new Montreal plant and hiring up to 100 people after the company's contract manufacturing division expanded its existing relationship with Johnson & Johnson, one of the world's biggest consumer products companies. The contract expansion will lead to between 80 to 100 new positions at Draxis Pharma operations in the Montreal area and require the building of a new secondary plant, in addition to the current Draxis manufacturing plant in suburban Kirkland, the company said Wednesday. On the Toronto Stock Exchange, Draxis stock jumped 34 cents to trade at $5.39, a gain of 6.7 per cent as investors reacted positively to the news. Draxis said the new deal with Johnson & Johnson Consumer Companies Inc. could mean another US$120 million in revenues over five years to the Canadian company. In addition, the transfer of equipment and production technologies, now in progress, is expected to generate additional revenues this year and next of between US$6 million and US$8 million. The supply deal, which runs to the end of 2013 and can be extended, involves the manufacturing of non-sterile specialty semi-solid products currently sold in the United States. Commercial production is expected to begin in 2009. "The signing of this contract is a reflection of the solid business model at Draxis," said Martin Barkin, president and CEO of the Toronto-area company. "We are honoured to have been selected from more than 80 international contract manufacturers under a rigorous and comprehensive global selection process conducted over an extended multi-year period. "This contract includes prescription and non-prescription products and will significantly improve capacity utilization in the semi-solids section of our non-sterile operations." As a result of the manufacturing deal, Draxis plans to build a new secondary plant to handle labeling, product assembly for different markets, cartoning and shipping. The new operation is slated to open next summer and will complement the company's production plant in Kirkland, in west-end Montreal. The jobs expansion is good news for the local Montreal economy, which has also seen other drug developers expand operations in recent months. In June, global drug giant GlaxoSmithKline (NYSE:GSK) announced it has spent $50 million to upgrade its laboratory north of Montreal into the North American research and administrative headquarters for its vaccine division. GlaxoSmithKline, based in Britain, is a world leader in the vaccine business. The company has 3,300 employees in Canada, including 1,400 in Quebec. Draxis, based in Mississauga, Ont. makes sterile products such as injectable liquids, ointments and creams, non-sterile products as well as radiopharmaceuticals for diagnostic imaging and treatment. The company employs about 500 people at its Montreal plant. Last year, Draxis generated a profit of US$11.5 million on revenues of just under US$90 million.
  9. Not a good day for retail! http://ottawacitizen.com/business/local-business/sony-announces-it-will-close-all-sony-stores-in-canada Sony Corp. will close all 14 of its Sony Stores across Canada as the company continues to struggle to reshape its business. The company made the announcement on Thursday in a memo to the employees of its stores — including its Ottawa location in the Bayshore Shopping Centre — telling them that the stores will cease operations within the next two months. The company confirmed the news in a statement released to The Citizen. “Over the next 6 to 8 weeks we are closing our Sony Stores in Canada and will redirect all of this business through our national network of Sony retailers, our online store … as well as through our Sony-trained Telesales team,” read the statement. “Our network of Sony authorized retailers offer a full range of Sony products and will be supported by our in-store Merchandisers and Product Trainers on an ongoing basis in order to ensure that our past customers have continued access to knowledgeable Sales consultants who can support their ongoing Sony electronics needs.“ The company’s news came on the same day that Target announced it would be shuttering all of its retail stores in Canada. Sony did not say how many jobs are affected by the decision. The closure comes as Sony is struggling to reshape its business amidst years of losses. For the current fiscal year which ends in March, the company is estimating a $1.9 billion (U.S.) loss. Within the last year the company sold its Vaio personal computing business and spun out its TV manufacturing operations. It is now reported to be considering exiting the TV business entirely. The company is also considering options for its lacklustre cellular phone division.
  10. C'est un bon cas d'étude pour les écoles de gestion... via Bloomberg Target Will Abandon Canada After Racking Up Billions in Losses Target Corp. (TGT) will abandon its operations in Canada after less than two years, putting an end to a mismanaged expansion that racked up billions in losses. The Canadian business is seeking court approval to begin liquidation, the Minneapolis-based retailer said today in a statement. The move will lead to a $5.4 billion writedown. This is the first major strategic shift made under Chief Executive Officer Brian Cornell, who took over for Gregg Steinhafel last year. Steinhafel had seen Canada as burgeoning market for Target, the second-largest U.S. discount chain, because so many Canadians already knew the brand and would cross the border to shop at American stores. Fixing the Canada unit, which amassed more than $2 billion in operating losses since 2011, has been a top priority for Cornell. After taking the reins in August, he spent a portion of his early days at the company touring operations in Canada. The woes plaguing the company’s 130 stores there ranged from empty shelves to prices being higher than locations in the U.S. “We were unable to find a realistic scenario that would get Target Canada to profitability until at least 2021,” Cornell said today. “This was a very difficult decision, but it was the right decision for our company.” Target announced its foray into Canada in 2011 with the purchase of 220 locations from Zellers Inc., a subsidiary of Hudson’s Bay Co., for about C$1.8 billion. The deal cemented the chain’s first expansion outside the U.S., where it had about 1,750 stores at the time. Target’s shares have rebounded since taking a hit following a data breach during the 2013 holiday season. The stock had gained 21 percent to $74.33 over the past 12 months through yesterday. To contact the reporter on this story: Matt Townsend in New York at [email protected]
  11. Il faut le souligner quand des compagnies d'ici font des acquisitions à l'étranger, comme quoi tout ne va pas d'un seul bord! Boralex boosts France operations with proposed takeover Montreal-based renewable energy producer Boralex Inc. has sharply boosted its presence in France with a $400-million proposed takeover of wind power company Enel Green Power France. The acquisition of the Enel wind portfolio will boost the generating capacity of Boralex’s existing operations by about 25 per cent, with the addition of 12 operating wind farms generating about 186 megawatts of power. Currently, Boralex has wind farms, solar projects, hydroelectric and thermal operations in France, Canada and the United States, that have a total capacity of about 754 MW. The company said this deal will make it the biggest independent wind power producer in France. Adding a large proportion to the French porfolio is a “truly company-transforming move,” said Boralex chief executive officer Patrick Lemaire. Currently, France makes up about 37 per cent of the Boralex portfolio, but that will expand to almost half after this transaction closes in January. Mr. Lemaire said in an interview that growth in the renewable sector is “clearer” in Europe than in North America, at the moment. Changes in Ontario’s renewable energy procurement program that make it less attractive, and limits to Quebec’s plans to acquire clean energy, have made those two core Canadian markets less attractive, he said. “France still has nice objectives,” he said. Boralex is also less interested in expanding in the United States, Mr. Lemaire said, because most jurisdictions there operate with a spot market for electricity, and thus there are fewer long-term contracts that secure a power price over the long term. The wind farms being purchased in this deal have long-term contracts in place averaging about 11 years. Privately owned Enel also has a pipeline of about 310 MW of new wind projects that are not yet built, and that will add further to the Boralex total in the next few years, Mr. Lemaire said. “Our main goals are to operate what we have acquired in the past, build new projects … and add growth for the next few years.” Boralex will finance the Enel purchase through bank loans, an existing revolving credit facility, and a bridge credit facility. It will also sell about $110-million in subscription receipts through a bought-deal transaction arranged by National Bank Financial. http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/boralex-boosts-france-operations-with-proposed-takeover/article22095267/
  12. before you all get excited, Swiss is going to put the 777 on YUL next summer for pilot training reasons only! With 62 business class seats, this airplane is not meant for Montreal for our market. Effective Aug 30 2016, it will return to normal year-round A330-300 operations. http://airlineroute.net/2015/07/09/lx-77w-s16update1/
  13. Microsoft achète la division affaires de l’entreprise lavalloise InCycle Software pour un montant qui n’a pas été dévoilé. Plus précisément, Microsoft achète la division InRelease, qui conçoit des solutions de gestion de développement continu d’applications. Grâce à cette acquisition, le numéro un mondial du logiciel dit vouloir «élargir son offre de solutions de développement des opérations utilisant Microsoft Visual Studio et Team Foundation Server.» Visual Studio est un ensemble d’outils qui permet de développer des applications Web, alors que Team Foundation Server est un système de développement collaboratif de logiciels. «L'acquisition d'InRelease ajoutera des capacités de gestion de lancement aux solutions de gestion du cycle de vie des applications (application lifecycle management, ou ALM en anglais) et de développement des opérations offertes par Microsoft, ce qui aidera les clients à offrir de meilleures applications plus rapidement et plus efficacement», a expliqué l’entreprise de Redmond dans un communiqué. «InRelease a été conçu comme un complément aux fonctionnalités existantes de Visual Studio. Nous sommes très heureux qu'il fasse maintenant partie d'une solution d'ALM intégrée dont tous les clients Visual Studio pourront bénéficier», déclare Claude Remillard, président d'InCycle Software. Fondée en 2002, InCycle Software possède des bureaux à Laval, New York, San Francisco et Seattle. http://www.lesaffaires.com/techno/technologies-et-telecommunications/microsoft-achete-a-laval/558304#.Uaz00thKR5F
  14. Jean Coutu déménage à Varennes Publié le 29 mai 2013 à 07h47 Le Groupe Jean Coutu (T.PJC.A) consolidera toutes ses activités corporatives sur un terrain de 3 millions de pieds carrés localisé en bordure de l'autoroute 30 à Varennes, en Montérégie. La construction du nouveau siège social débutera l'an prochain. L'investissement de 190 millions de dollars offrira une superficie totale de 800 000 pieds carrés. François J. Coutu, président et chef de la direction, soutient que les actuelles installations de Longueuil sont désormais trop petites. Il s'attend à ce que celles de Varennes soient à la fine pointe de la technologie et garantissent des standards élevés de productivité et une performance accrue. Le transfert des opérations est prévu pour le début de 2016 pour les plus de 1000 employés du Groupe Jean Coutu et de sa filiale Centre d'information Rx. François J. Coutu en dira davantage ce mercredi matin lors d'une conférence de presse qui aura lieu à l'hôtel de ville de Varennes. http://affaires.lapresse.ca/economie/commerce-de-detail/201305/29/01-4655415-jean-coutu-demenage-a-varennes.php
  15. Further to my notes that YUL is a high volume low yield market, Lufthansa for summer 2016 has just loaded the high density A340 with only 18 business class seats. The operations will be done by Lufthansa-Jump, the white Star coloured A340s without Lufthansa logo's for labour reasons.
  16. http://www.theglobeandmail.com/report-on-business/ssq-financial-buys-intact-unit/article2180067/ http://en.wikipedia.org/wiki/Intact_Financial It didn't take long for it to change hands, yet again.
  17. Les opérations d'une des mines de Potash sont arrêtées et celles de deux autres sont assurées par des cadres depuis l'entrée en grève jeudi de 500 employés syndiqués. Pour en lire plus...
  18. High tech US firms outsource to Montreal Tue, 2008-11-11 06:03. David Cohen An IT recruitment agency in Montreal says there has been a spike in the number of American companies crossing the border into Canada -- especially Montreal -- to do their software development and to save money. Kovasys Technology cites the unstable economy in the US, and massive layoffs. It says more and more companies are deciding to save money and move their IT operations to a cheaper but not out of the way location, and for many, that means Montreal. Quebec introduced subsidies for high tech companies less than a year ago.
  19. L'arrêt des opérations des deux usines de Newmarket et Aurora doit être effectif en juin 2009, a annoncé le fabricant de pièces d'automobiles. Pour en lire plus...
  20. La scierie cessera ses activités le 19 décembre prochain. Une soixantaine de travailleurs sont touchés par cet arrêt des opérations. Pour en lire plus...
  21. Copernic, anciennement connue sous le nom de Mamma.com, a annoncé mardi qu'elle fermait son bureau de Montréal et déménageait ses opérations à Québec. Pour en lire plus...
  22. Chantiers Davie a annoncé jeudi l'interruption de ses opérations et la mise à pied temporaire des 1100 employés de ses installations de Lévis. Pour en lire plus...
  23. L'entreprise met temporairement fin à ses opérations. Elle dit manquer de liquidité car des clients ne parviennent pas à effectuer leurs paiements. Pour en lire plus...
  24. Vingt-cinq compagnies aériennes ont cessé leurs opérations ou fait faillite au cours des six premiers mois de l'année en raison de la flambée des cours des carburants. Pour en lire plus...
  25. La société en commandite annonce la cessation définitive des opérations de ses usines de Varennes et de Montréal-Est, au Québec. Pour en lire plus...