QSC loses job of creating system for filing insider trades

Article Abstract:

The Quebec Securities Commission lost the job of creating an electronic system for reporting insider trading. The Canadian Securities Administrators decided to hand over the job to the Canadian Depository for Securities, a private agency that oversees the clearing of securities transactions, to eliminate any possible conflicts over the system's development, according to Doug Hyndman, chairman of the British Columbia Securities Commission.

Securities and Commodity Exchanges, Quebec, Misc Stock Exchanges, Stock exchanges

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Rogers ups ante, wins wireless stake

Article Abstract:

A $1.8-billion deal was signed with AT&T Wireless Services Inc. by Rogers Communications Inc. in order to buy back a minority stake for getting better control of the high-growth cell phone business. The deal strengthens Roger Communications' position in the volatile and highly competitive cell phone business and puts the company in a position to make a bid for Microcell.

United States, Canada, Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Communications, Broadcasting and Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, Cellular telephone services industry, Cellular telephone services, Communications industry, AT&T Wireless Services Inc., Wireless telecommunications service, Rogers Communications Inc., AWE

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Pratt loses massive European contract

Article Abstract:

Pratt and Whitney Canada Corp.'s huge military aircraft engine contract with Airbus Industries has been terminated as a result of lobbying efforts by governments and businesses in Europe. European governments and companies wanted to keep the contract's aircraft engine business in Europe.

Europe, Aircraft Engines & Parts, Aircraft Engine and Engine Parts Manufacturing, Aircraft, Aircraft Manufacturing, Military Transport & Cargo Aircraft, Aircraft Engine R&D & Services, Aircraft engine industry, Aircraft engines, Airbus S.A.S., Military transport aircraft, Pratt and Whitney Aircraft of Canada Ltd.

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