Abbey Westbury
Pure Industrial sells Calgary property for $6.1M; part of $70M acquisition in 2011
VANCOUVER – Pure Industrial Real Estate Trust (TSXV:AAR.UN) is selling an industrial property in Calgary for $6.1 million. Pure Industrial acquired the single-tenant facility on 122nd Avenue SE in Calgary as part of a $70-million acquisition last June.
Day 2 of US Open begins with Tiger Woods, others chasing leader Michael Thompson
SAN FRANCISCO – Day 2 of the U.S. Open has begun with 155 players all chasing leader Michael Thompson.
UEFA charges Denmark forward Nicklas Bendtner for sponsored underwear stunt at Euro 2012
WARSAW, Poland – UEFA charged Denmark forward Nicklas Bendtner with improper conduct on Friday for revealing an unofficial sponsor’s name on his underpants while celebrating a goal at the European Championship.
Italian federation asks UEFA to intervene after anthem whistled at during 1st 2 matches
KRAKOW, Poland – The Italian football federation has sent a letter to UEFA seeking sanctions after the country’s national anthem was again whistled at during the European Championship.
Canadiens name former NHLer Gerard Gallant new assistant coach
MONTREAL – The Montreal Canadiens have hired former NHL forward Gerard Gallant as an assistant coach.
In advance of a Pentagon salute to gay US service members, Panetta thanks them for service
WASHINGTON – Defence Secretary Leon Panetta on Friday thanked gay and lesbian US military members for their service, as the Pentagon prepares to mark June as gay pride month with an official salute.
Premier McGuinty still threatens summer election after Tories, NDP “gut” budget
TORONTO – No one’s backing down yet in the budget battle at Queen’s Park that has Premier Dalton McGuinty threatening to call another election.
Just like in 2004, Italy could be eliminated from the European Championship by a 2-2 draw
POZNAN, Poland – Eight years ago, Antonio Cassano wept inconsolably as Italy exited the European Championship without losing a match.
US factories cut output in May for 2nd time in 3 months as auto production drops
WASHINGTON – U.S. factories produced less in May than April, as automakers cut back on output for the first time in six months. The report indicates that manufacturing, a key driver of the economic growth, is slowing.
National net worth up in Q1, largest quarterly growth since 2008: StatsCan
OTTAWA – Statistics Canada says the country’s net worth rose two per cent to $6.7 trillion in the first quarter, the largest quarterly growth rate since the third quarter of 2008.
Loonie holds tight before Greek elections, while European markets ease off fears
TORONTO – The Canadian dollar held relatively steady Friday amid an easing of concerns about the impact of the Greek elections this weekend on the world economy.
Toronto aims higher as Europe calms concerns about impact from Greek elections
TORONTO – The Toronto stock market looked to join an upward trend around the world Friday amid expectations that central banks will act together if the results from the Greek election this weekend begin to cause financial shocks.
Bowater mill closing indefinitely in Nova Scotia due to falling paper prices
BROOKLYN, N.S. – Resolute Forest Products (TSX:RFP) says a struggling paper mill on Nova Scotia’s south shore will be closed indefinitely.
Oil edges above US$84 on hopes global central banks ready to provide stimulus
The price of oil edged above US$84 a barrel Friday on hopes that central banks stand ready to support global financial markets in case of turmoil following Greece’s elections.
Manufacturing sales down in April, third drop in four months: StatsCan
OTTAWA – Statistics Canada says manufacturing sales fell 0.8 per cent in April to $49.1 billion, the third decline in four months.