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Trading of Sears Canada Stocks Halted Ahead of Market Opening

Thursday, 22 June 2017 07:40
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Trading of shares in Sears Canada (TSX:SCC) has been halted ahead of the Toronto Stock Exchange's open at 9:30 a.m.

The agency that regulates Canada's stock trading says the halt is pending news from the department store operator.

Halts are routinely issued when key developments could affect a company's share price.

Sears Canada's stock has already fallen dramatically amid questions about its future.

Last week, the company announced “significant doubt” about its ability to operate in its current form.

Sears Canada has said it could be sold or restructured but hasn't commented on a report it might seek court protection from creditors.

Shareholders rank after lenders and creditors in bankruptcy proceeding, so company shares could plunge if it does go the court route.

(The Canadian Press)

 

Explosive Noises Heard At Brussels Train Station

Tuesday, 20 June 2017 14:40
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Belgian media are reporting that explosion-like noises have been heard at a Brussels train station, prompting the evacuation of a main square.

Broadcaster RTL quoted Fires Services spokesman Pierre Meys confirming that some kind of an explosion had happened in the city's Central station on Tuesday. Meys could not say what had caused the blast.

He could only confirm that firefighters were at the scene.

The Belgian capital's Grand Place, a major tourist site, was evacuated along with the station about 200 metres (656 feet) away.

Belgium has been on high alert since suicide bombers killed 32 people on the Brussels subway and at an airport on March 22, 2016.

(The Canadian Press)

 

Report Says Half of All Canadians Will Get Cancer At Some Point

Tuesday, 20 June 2017 07:00
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A new report by the Canadian Cancer Society predicts that almost one in every two Canadians will be diagnosed with cancer in their lifetime and one in four Canadians will die from the disease.

The report estimates that more than 206,000 Canadians will be diagnosed with some form of cancer this year and almost 81,000 will die of a malignancy.

Canadian Cancer Society epidemiologist Leah Smith says the number of new cases is a reflection of Canada's growing and aging population.

Smith says about 90 per cent of all the cancers expected to be diagnosed in 2017 will be among those aged 50 and older.

Four cancers -- prostate, breast, lung and colorectal -- continue to top the list of the most common malignancies, which together are expected to account for more than half the cancer diagnoses in 2017.

Lung cancer -- predicted to hit 21-thousand-100 this year -- continues to be responsible for the most cancer deaths, exceeding the 19-thousand-200 deaths expected from all three of the other cancers combined.

The Cancer Society has put a special emphasis in its report on pancreatic cancer, which at eight per cent has the lowest five-year survival of the 23 cancers it reports on.

 

(The Canadian Press)

 

Bill Cosby's Case Ends In Mistrial

Saturday, 17 June 2017 09:54
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Prosecutors say they'll retry Bill Cosby on sexual assault charges after his first trial ended in a hung jury.

Jurors deliberated more over than 52 hours over six days before telling a judge Saturday they couldn't reach a unanimous decision on whether Cosby drugged and molested Temple University employee Andrea Constand at his suburban Philadelphia home in 2004.

The judge then declared a mistrial for the 79-year-old comedian.

Cosby remained stoic, while Constand embraced the person next to her.

Cosby was charged with three counts of aggravated indecent assault. His lawyer says Cosby and Constand were lovers sharing a consensual sexual encounter.

Cosby will remain free on $1 million bail.

(The Canadian Press)

 

Navy Destroyer Ship Returns, Three Sailors Injured, Search Continues For More

Saturday, 17 June 2017 07:55
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A U-S Navy destroyer has arrived back at its home port south of Tokyo, after colliding with a container ship off the coast of Japan.

At least three sailors, including the ship's commander, were injured when it collided with a commercial vessel four times its size.

The search continues for seven missing crew members.(The Canadian Press)

 

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