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Stock Market & Financial Investment News

News Breaks
January 20, 2014
08:03 EDTTRPTransCanada sells Cancarb to Tokai for $190M
TransCanada announced it has reached an agreement to sell Cancarb and its related power generation facility to Tokai Carbon Co., Ltd. for aggregate gross proceeds of $190M, plus customary adjustments. The transaction is expected to close late in Q1, subject to various approvals. TransCanada says the sales allows it to capitalize on current market conditions and better align its asset base with the company's strategic direction, which is focused on large-scale pipeline and power generation projects in Canada, the United States and Mexico. J.P. Morgan Securities acted as the exclusive financial advisor on the transaction.
News For TRP From The Last 14 Days
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February 3, 2016
10:32 EDTTRPTransCanada to create up to 120 new jobs in Quebec with ABB agreement
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February 2, 2016
16:35 EDTTRPTransCanada to announce major supply agreement with international firm
TransCanada invites members of the media to attend a press conference to announce the signing of a major supply agreement with an international firm. The agreement will mean jobs for Quebec stemming from the development of the Energy East Pipeline Project.
February 1, 2016
06:34 EDTTRPTransCanada needs to 'do its homework' to win Energy East permit, Reuters says
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January 29, 2016
16:33 EDTTRPTransCanada files for ANR pipeline rate revision with FERC
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