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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Toronto Dentist Takes New Conservative Approach to Porcelain Veneers

Category : Stocks, World News

Due to Recent Developments in Materials and Technology, Dr. Ang Is Able to Offer Minimal-Prep and No-Prep Porcelain Veneers to Her Toronto Cosmetic Dentistry Patients

More: Toronto Dentist Takes New Conservative Approach to Porcelain Veneers

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BMO Investments Inc. Announces Proposed Changes to BMO Global Tax Advantage Funds Inc.

Category : World News

TORONTO, ONTARIO–(Marketwired – April 12, 2013) - BMO Investments Inc. (BMOII), the manager of the BMO Mutual Funds, today announced that BMO Global Tax Advantage Funds Inc. (GTAF) has scheduled a special meeting of shareholders. The purpose of the meeting is to consider and vote on a resolution approving changes to the articles of incorporation of and to consider and vote on a resolution to approve the continuance of GTAF from the Canada Business Corporations Act to the Business Corporations Act (Ontario) (OBCA). The record date for receiving materials and for voting at the meeting is May 7, 2013 and the special meeting will be held on June 17, 2013 in Toronto, Ontario. An information circular will be mailed to shareholders in May, 2013 and available at www.sedar.com.

View post: BMO Investments Inc. Announces Proposed Changes to BMO Global Tax Advantage Funds Inc.

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Callinex Mines Inc. (CLLXF: OTC Link) | Proxy Materials

Category : Stocks, World News

Mon, Apr 08, 2013 06:18 – Callinex Mines Inc. (CLLXF: OTC Link) released their Proxy Materials concerning Request for Financial Statements. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=102345.

Read the rest here: Callinex Mines Inc. (CLLXF: OTC Link) | Proxy Materials

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DSM – proposed appointment to the Managing Board of Directors

Category : World News

HEERLEN, THE NETHERLANDS–(Marketwire – Mar 14, 2013) – The Supervisory Board of Royal DSM
is pleased to announce that it will propose
to the Annual General Meeting of Shareholders on 3 May 2013 to appoint Mr.
Dimitri de Vreeze to the Managing Board of DSM with responsibility for
DSM’s
Materials Sciences clusters, with effect from 1 September 2013.

Read more from the original source: DSM – proposed appointment to the Managing Board of Directors

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300 staff lose their jobs at Axminster Carpets

Category : Business

Company fell into administration following a sharp increase in the cost of raw materials and a fall in sales

About 300 staff have lost their jobs at Axminster Carpets after the company that supplied Brighton Pavilion and Clarence House fell into administration.

The failed 250-year-old family-run business collapsed following a sharp increase in the cost of raw materials and a fall in sales, mainly due to householders turning to wooden flooring instead of carpets.

Staff to be cut with immediate effect were told the news in the factory’s canteen on Tuesday morning in a statement read out by administrators and management.

It is thought the company had debts of about £20m, primarily with PNC Financial Services, which it was unable to pay.

Chief executive Joshua Dutfield said: “Trading has been difficult and although it saddens the board to make the decision to enter administration it could not be avoided.”

He said staff had been paid, however, sources close to the company said payment is not due in staff accounts until Wednesday.

The joint administrator from Duff and Phelps, Benjamin Wiles, said: “We recognise the importance of the business to the local community and will be seeking to work closely with management and all key stakeholders.”

A buyer is expected to emerge for the company in the next few days which still has customers including various airlines, hotels and cruise ship suppliers.

Axminster Carpets, based in Devon, has a rich heritage that includes supplying carpets to King George III and making the coronation carpet for George VI. Its carpets can also be found in the Royal Albert Hall and 10 Downing Street, while last year it was given a royal warrant.

Carbon Energy Ltd. (CNXAY: OTC Link) | Proxy Materials

Category : Stocks

Tue, Jan 08, 2013 12:03 – Carbon Energy Ltd. (CNXAY: OTC Link) released their Proxy Materials concerning Notice of Extraordinary General Meeting/Proxy Form. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97692.

Go here to read the rest: Carbon Energy Ltd. (CNXAY: OTC Link) | Proxy Materials

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Caledonia Mining Corporation Confirms Distribution of Meeting Materials to Shareholders

Category : World News

TORONTO, ONTARIO–(Marketwire – Jan. 3, 2013) - Caledonia Mining Corporation (“Caledonia” or the “Company”) (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) confirms that a Notice of Special Meeting of Shareholders, a Proxy and Information Circular and a Proxy form (collectively, the “Meeting Materials“) have been distributed by post to Caledonia’s shareholders of record registered as at December 20th, 2012. The Meeting Materials relate to the proposed reduction of Stated Capital of Caledonia’s common shares and the proposal that the issued and outstanding common shares in the capital of the Company be consolidated on the basis of one (1) post-consolidation common share for every ten (10) common shares currently issued and outstanding. Shareholder approval is required for both of these actions.

See original here: Caledonia Mining Corporation Confirms Distribution of Meeting Materials to Shareholders

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Wolseley’s dull back to basics move has plugged its leaky finances

Category : Business

Wolseley shed its £3bn debt burden in four years and is paying £350m special dividend by avoiding balance sheet acrobatics

Repairing Wolseley, the plumbing and building materials supplier, has proved a remarkably speedy job. Four years ago, after the last chief executive’s debt-fuelled acquisition spree at the top of the market, the company’s borrowings stood at almost £3bn and an emergency £1bn rights issue was required. Now the business is free of debt and can afford a £350m special dividend.

How did Ian Meakins, the first boss in 100 years to be summoned from outside Wolseley, do it? By reminding everyone that supplying construction materials is essentially a dull exercise in logistics, prone to cyclical rises and falls, and is thus best conducted without the balance sheet gymnastics that characterised Chip Hornsby’s reign.

That was always the Wolseley way in the old days and the company seems to have had little difficulty in rediscovering its old character, especially in (slightly) gentler conditions in the US. The back-to-basics approach has been painful for those who have lost their jobs, and a few strategic headaches remain, like what to do with the French operation. But dullness is proving rewarding for shareholders. Why did they ever allow the last management to seek excitement via a debt binge?

Response Biomedical Corporation Announces Acquisition of Worldwide Rights of Infectious Disease Testing Due to Termination of 3M Agreements

Category : World News

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 2, 2012) - Response Biomedical Corp. (TSX:RBM)(OTCBB:RPBID) (the “Company” or “Response”), announced today it has regained the worldwide rights to Flu A+B and RSV testing products as a result of the termination of its collaboration with 3M Company and 3M Innovative Properties Company (“3M”) including agreements for the Joint Development, Supply, and Distribution of RAMP® - based products. In addition, Response will acquire 3M’s entire remaining inventory of RAMP® readers and peripheral devices, assignment of its distributor network and all marketing materials used by 3M in connection with the marketing and sale of Response products.

More here: Response Biomedical Corporation Announces Acquisition of Worldwide Rights of Infectious Disease Testing Due to Termination of 3M Agreements

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StrikePoint Gold, Inc. (STKXF: OTC Link) | Proxy Materials

Category : Stocks

Thu, Sep 06, 2012 06:10 – StrikePoint Gold, Inc. (STKXF: OTC Link) released their Proxy Materials concerning Form of Proxy for AGM and Special Shareholders’ Meeting – 27-Sep-12. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=90180.

Read the rest here: StrikePoint Gold, Inc. (STKXF: OTC Link) | Proxy Materials

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