Canada Stocks to Watch: Cameco, Pethealth and Pembina
cameco
Bloomberg News
Cameco Corp.CCO.T -0.28% said production remains suspended at its flagship uranium mine in Saskatchewan and a lockout of the mine’s unionized employees is still in effect because of an ongoing impasse over contract negotiations.
Fairfax Financial Holdings Ltd.FFH.T +1.02% said it has agreed to buy Pethealth Inc.PTZ.T +25.79%, which provides medical insurance for dogs and cats, for C$2.79 a share, or about C$100 million.
Pembina Pipeline Corp.PPL.T +2.54% plans to build a propane export terminal in Portland, Oregon, allowing propane derived from natural gas produced in Western Canada to be shipped to international markets. It has also agreed to buy an ethane pipeline extending from North Dakota’s Bakken shale to Alberta, and related assets, for $650 million.