CALGARY – AeroMechanical Services Ltd. (TSXV:AMA) said Friday that it has gone to court in a dispute with Sierra Nevada Corp., against which it is claiming close to $4 million in damages.
CALGARY – Axia NetMedia Corp. (TSX:AXX) has reported lower net earnings in its fiscal 2012 second-quarter.
WASHINGTON – The Pentagon says it has awarded defence contractor Lockheed Martin Corp. a contract worth up to $7.4 billion to upgrade the systems in the Air Force’s F-22 Raptor fighter jet.
OTTAWA – The rise in prices Canadians pay for most goods began to moderate last month, dipping below three per cent for the first time since July and beginning what analysts expect is a trend to lower inflation.
NEW YORK, N.Y. – Oil prices dropped below US$98 per barrel Friday to end a volatile week that mixed jitters about Europe’s debt with the prospect of tighter oil supplies and improving economic conditions in the United States.
TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
TORONTO – Canada’s largest drugstore chain says it will look into scooping up the pharmacy customer files of Zellers stores if Target Corp. puts them on the market.