International Stocks

Pacific Coast Oil Trust Jumps More Than 14%

Pacific Coast Oil Trust is up more than 14% after the company said late Tuesday there will be no cash distribution to the holders of its units of beneficial interest of record on February 15. However, it expects to make a cash distribution to unitholders from net profits and overridingRead More

Brookfield Canada Office Forms Special Committee

Brookfield Property Partners said pre-market Monday it made a proposal to Brookfield Canada Office Properties (BOXC, BOX.TO) to acquire the approximately 16.9% equity interest it does not own in the company, representing approximately 15.8 million units. Brookfield Canada Office Properties responded in a statement saying its board of trustees formedRead More

Braskem Agrees to Sell quantiQ Distribuidora to GTM’s Brazilian Unit

Braskem S.A said late Tuesday it signed a sales agreement with GTM do Brasil Comercio de Produtos QuĂ­micos, a subsidiary of GTM Holdings S.A., which is one of the largest chemical distributors in Latin America. ADRs climbed 2% intraday, touching their highest level since August 2011. They trade in aRead More

Global Uncertainties Point to Bumpy Road Ahead

Kim Rupert, managing director and global fixed income analyst for Action Economics, anticipates a bumpy road ahead for markets, writing Monday that the surprise victories of Donald Trump and Brexit are manifestations of the dynamic changes taking place around the world. They are also reflections of the rise in politicalRead More

Celsion Down 4%

Celsion is down 4% after the company provided an update to its Phase III OPTIMA program for ThermoDox, also known as hepatocellular carcinoma (HCC). The Phase III OPTIMA study is expected to enroll up to 550 patients at up to 75 clinical sites in the United States, Europe, China andRead More

United Technologies Unit Otis Wins Order for 54 Elevators

United Technologies unit Otis, which makes elevators and escalators, said Tuesday it has won a contract to supply 54 lifts and modernizing two existing ones for the O-Train Confederation Line, the first leg of Ottawa’s electric Light Rail Transit (LRT) system. The more than $2 billion O-Train Confederation Line isRead More