Most actively traded companies on the TSX

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Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,082.70, up 30.67 points):Hydro One Ltd. Instalment Receipts (TSX:H.IR). Utilities. Up 50 cents, or 1.31 per cent, to $38.75 on 10.1 million shares.Kinross Gold Corp. (TSX:K). Miner. Up two cents, or 0.36 per cent, to $5.51 on 9.01 million shares.Lundin Mining Corp. (TSX:LUN). Miner. Down five cents, or 0.51 per cent, to $9.75 on 6.6 million shares.Prometic Life Sciences Inc. (TSX:PLI). Biotechnology. Up 30 cents, or 25.00 per cent, to $1.50 on 5.8 million shares.Trevali Mining Corp. (TSX:TV). Miner. Up one cent, or 0.68 per cent, to $1.47 on 5.1 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down seven cents, or 2.77 per cent, to $2.46 on 4.5 million shares. The Montreal-based company says it’s been shut out of a US$3.2-billion contract to supply subway cars in New York City because of past delivery delays. Bombardier says it learned last week that its bid submitted to New York’s Metropolitan Transportation Authority in December won’t make it to the final round.Companies reporting major news:Agrium Inc. (TSX:AGU). Agriculture. Up $1.35, or 1.12 per cent, to $121.71 on 281,079 shares. The Calgary-based company is preparing to expand its agriculture retail business in the U.S. with the acquisition of 20 farm-supply locations in Georgia and Florida. Agrium, which also has a wholesale fertilizer business, says its U.S. retail distribution network will be enhanced through a binding purchase agreement with Southern States Cooperative. It will also acquire an integrated cotton ginning business in Statesboro, Ga.Bank of Nova Scotia (TSX:BNS). Bank. Up 13 cents, or 0.17 per cent, to $77.33 on 1.6 million shares. Scotiabank is reporting a $2.1-billion profit in its third quarter and a dividend increase of three cents to 79 cents per share. Net income equalled $1.66 per share, up from $1.54 per share in last year’s third quarter.BMO Financial Group (TSX:BMO). Bank. Down $2.36, or 2.55 per cent, to $90.07 on 2.6 million shares. Bank of Montreal reported a third-quarter profit of nearly $1.4 billion ($2.05 per common share), an increase from $1.2 billion ($1.86 per common share) from the same time last year.Home Capital Group Inc. (TSX:HCG). Financial Services. Up 20 cents, or 1.53 per cent, to $13.24 on 297,622 shares. The alternative mortgage company is continuing to rebuild its executive ranks with the hiring of a new chief financial officer who has extensive experience in Canada’s financial services industry. Brad Kotush, a former CFO at Canaccord Genuity Group Inc., will join the Toronto-based company as of Sept. 1.

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Amid Ginebra’s injury woes, Cone expects more from Ferrer, Mariano

first_imgBarangay Ginebra has not been the picture of excellence with its current situation in the PBA Philippine Cup.ADVERTISEMENT Don’t miss out on the latest news and information. “We wanted them to step up but they just haven’t been capable of playing in the level we want them to yet.”Ginebra faced Phoenix without 7-foot center Greg Slaughter, who is recovering from a strained hamstring he suffered in practice, and forward Joe Devance, who is still recuperating from a foot surgery.What’s left of the team is a bench that has yet to fill in the gap of the two big men.“We’re grasping at straws and see who steps up and plays well but we’re not finding any straws,” said Cone whose team mustered to outscore Phoenix 29-12 in the fourth but still came up short.“It’s been a tough stretch, you don’t want to play this badly when you got a couple of guys go down. You still want to come out.”ADVERTISEMENT Nonito Donaire vs Naoya Inoue is BWAA 2019 Fight of the Year View comments LATEST STORIES Sports Related Videospowered by AdSparcRead Next Jiro Manio arrested for stabbing man in Marikina Almazan vows to comeback stronger after finals heartbreak MOST READ Geje Eustaquio exacts revenge, wins ONE interim flyweight title OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson The Gin Kings just lost in disappointing fashion to Phoenix, 87-82, in the PBA Philippine Cup and that blow saw them slip to their third straight loss for a 2-3 record.And as Ginebra continues to struggle with injuries, head coach Tim Cone said his remaining players isn’t hauling the weight he expected them to do.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folk“We haven’t played well. We haven’t responded well to being undermanned. We expected guys to step up specifically Aljon [Mariano] and Kevin [Ferrer],” said Cone Friday at Smart Araneta Coliseum.READ: Phoenix holds on as Ginebra comeback fizzles  Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Newsome sets focus on helping Bolts open new PBA season on right track Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Michael Porter Jr. stays patient as playing time increases Steam emission over Taal’s main crater ‘steady’ for past 24 hours OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacsonlast_img

Air Force looks to modernize its aging fleet

first_imgEdwards already has been looking for ways to work more efficiently. The base’s military personnel have dipped from about 3,000 to 2,150, with the biggest change resulting from converting 900 military positions into about 450 civilian posts. james.skeen@dailynews (661) 267-5743160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! The average age of an Air Force aircraft is 24 years old, Carlson noted. The average is 48 years old for the Air Force’s KC-15E tankers, the flying fuel stations that keep other aircraft airborne, he said. The Air Force aims to retire older aircraft and use the money saved from maintaining and operating those planes for newer technologies. Retiring the U-2 reconnaissance aircraft and the F-117 stealth fighter could provide $2 billion in savings, he said. Congress is blocking the retirement of the U-2 until it can be proved that its capabilities can be replaced by other aircraft. The F-117, however, is in the process of being phased out. Of 52 of the fighters, six have already been retired, four more will be retired this year, and the rest will be retired between 2008 and 2009. The F-117 is worked on in Palmdale by Lockheed Martin Aeronautics Co. The retirements won’t result in any layoffs, however, because work is picking up on other programs, including parts work in support of the F-22 and F-35 fighter programs, company spokeswoman Dianne Knippel said. Edwards will see cuts, but the extent remains to be seen, said Maj. Gen. Curt Bedke, Edwards commander. LANCASTER – The Air Force will be drawing down its ranks and investing in newer aircraft as it tries to meet the emerging threats around the world, according to a key Air Force general. The Air Force plans to reduce its ranks by 57,500 airmen by 2011. The savings from that drawdown will be invested in updating aircraft, said Gen. Bruce Carlson, commander of the Air Force Materiel Command, which includes Edwards Air Force Base. He said some Air Force planes still in service are more than 50 years old. “We simply have to re-capitalize the fleet to be ready to fight the next war,” Carlson said in a recent interview. Carlson’s command is responsible for buying, testing and maintaining the service’s aircraft. The command has 10 bases, with 73,000 people, and manages about 37 percent of the Air Force budget. last_img

Swamp fire burns on

first_imgHundreds of residents from cities up to 100 miles apart have fled their homes for short periods. In Florida, thick curtains of smoke have briefly closed sections of two busy interstate highways, I-10 and I-75. Inside the swamp, it is so dry that water levels are as much as 2 feet below normal and flames have ample fuel of gallberry, wax myrtle, palmetto and other shrubs and grasses. Thick layers of peat can smolder and burn like charcoal, even several feet beneath the ground. In those conditions, wildfires can burn for months. “We’re hoping, praying and doing rain dances to bring that early precipitation,” said Bill Whitaker, owner of the Inn at Folkston on the Okefenokee’s eastern edge. “There’s not a lot you can do.” But Rick Connell, a long-term fire analyst with the U.S. Forest Service, said that given the extended forecast, the area probably will not get a drenching until hurricane season peaks, perhaps between August and October or November. The first giant fire started April 16 when a tree fell onto a power line near Waycross. A second blaze was ignited by lightning in the swamp May 5 and rapidly spread into Florida. The Okefenokee needs periodic fires to purge vegetation that would otherwise turn the swamp into a forest. The firefighters’ main task is to keep the flames from spreading to homes and commercial timberland. Bill Kitchens, an operations chief for the Okefenokee firefighters, said it should take at least another week before bulldozer crews finish plowing and fortifying control lines around the swamp’s perimeter of more than 200 miles. Barring extreme wind gusts, that would cut off the flames from fuel outside the Okefenokee. More than 1,360 firefighters are battling the blazes, with help coming from other states, including fire crews from Texas and firetrucks from California. Fire officials worry that the outside help could evaporate once the summer wildfire season heats up in the West. “California’s probably going to explode at some point this summer and states like Nevada and Colorado are in drought conditions,” Ruggiero said. “There is a potential for property and lives to be at risk because there’s not enough firetrucks.” Alan Dozier, forest protection chief for the Georgia Forestry Commission, said he has had to send six bulldozers and two strike teams from Florida back home because of fires there. “If we don’t calm down here pretty quick, we’re going to be in a tug-of-war for some of the resources we’re using,” he said. In 2002, a wildfire in the Okefenokee burned nearly 20 square miles before rain doused it almost a year later. Between July 1954 and July 1955, at least five blazes scorched an estimated 56 square miles of the Okefenokee and surrounding timberland. Summer rains finally ended those destructive fires. Johnny Hickox, 82, helped fight the mid-1950s fires as a bulldozer operator for the Georgia Forestry Commission. He said most of the swamp’s northern acreage hadn’t burned since the 1950s, and on recent Okefenokee treks he ran into areas where vegetation had grown so thick he could not get his boat through.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! FOLKSTON, Ga. – Mark Ruggiero has 400 firefighters, 56 engines, 49 bulldozers and nine helicopters under his command. And that still won’t be enough to snuff out the wildfires that have shrouded the Okefenokee Swamp in smoke and flame for the past month. His only hope is a big rainstorm just shy of a hurricane. And it could be months before that happens. “The fire will burn in the swamp until we get a tropical depression that will drop 9 to 10 inches of rain,” said Ruggiero, who has been directing firefighters headquartered at the Okefenokee National Wildlife Refuge. “That’s what it’s going to take.” The worst wildfires in Georgia since the 1950s have blackened more than 600 square miles of dried-out forest and swampland in drought-stricken southeastern Georgia and northern Florida. Commercial timber losses are estimated to be at least $30 million. last_img

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