BUSINESS

CMY K
B8
PAGE B8
BUSINESS
WINNIPEG FREE PRESS, THURSDAY, AUGUST 11, 2011
winnipegfreepress.com
FP MARKETS
DAILY MUTUAL MOVERS 08.10.2011
ALL FUNDS
CANADIAN EQUITY
Front Street MLP Income Fund Ltd.
+11.27%
BMO-FTI LIFT Advantage Notes, Series 1A -11.10%
Faircourt Split Trust
+10.07%
Trans IMS American Equity Index Fund
+9.07%
SunWise Elite Pls Manulife GloOpp 75/100 -8.77%
SunWise Elite Manulife Glo Opp 75/100
-8.77%
SunWise Elite Manulife Glo Opp 75/75
-8.76%
SunWise Elite Pls Manulife GloOpp 75/75
-8.76%
SunWise Elite Pls Manulife GloOpp100/100 -8.74%
SunWise Elite Manulife Glo Opp 100/100
-8.74%
Trans IMS Can-Am Fund 2
BonaVista Canadian Equity Value Fund O
BonaVista Canadian Equity Value Fund D
BonaVista Canadian Equity Value Fund Adv
MB Canadian Equity Growth Fund - Pooled
Astra McLean Budden Canadian Equity
Scotia Canadian Blue Chip Fund
Trans IMS Canadian 35 Index Fund
Trans IMS Canadian 35 Index Fund 2
SunWise Elite FT Quot Cdn Growth Pt (C)
+5.42%
+4.35%
+4.34%
+4.34%
+4.34%
+4.32%
+4.23%
+4.19%
+4.19%
-4.19%
INTERNATIONAL EQUITY
U.S. EQUITY
Mac Cundill International Class Ser A U$
-7.64%
AGF International Stock Class U$
-6.58%
iShares MSCI EAFE Index Fund (CAD-Hedged-6.52%
Scotia International Value Fund
+6.33%
Scotia International Value Fund - Adv
+6.33%
SunWise Elite RBC O’Shau Intl Equity (B)
-6.30%
GWL International Opportunity (JPM) DSC +6.29%
GWL Intl Opportunity (J) 75/75
+6.29%
GWL Intl Opportunity (J) 75/100
+6.29%
GWL International Opportunity (JPM) NL +6.29%
Trans IMS American Equity Index Fund
+9.07%
SunWise II AIC American Focused Fund (B) -6.95%
SunWise II 2001 AIC American Focus Fd B
-6.95%
SunWise II 2001 AIC American Focus Fd F
-6.93%
SunWise Elite Dyn Power Amer Growth (B) -6.92%
SunWise II Dyn Power American Growth (F) -6.92%
SunWise II AIC American Focused Fund (F) -6.91%
SunWise II Dyn Power American Growth (C) -6.91%
SunWise II 2001 Dyn Power Amer Gwth Fd C -6.90%
SunWise II 2001 AIC American Focus Fd C
-6.88%
TSX VENTURE
NYSE
ADIRA ENERGY
LTD
LAGO DOURADO
MINERALS LTD
ORT.A / TSX-V
ADL / TSX-V
LDM / TSX-V
13000
AUG 10 CLOSE: $2.70, -0.05
VOLUME: 2.6 million
AUG 10 CLOSE: $0.52, +52.9%
VOLUME: 63.8 thousand
AUG 10 CLOSE: $0.51, -21.5%
VOLUME: 25 thousand
12000
$4.0
$0.7
$0.7
$3.5
$0.6
$0.6
$3.0
$0.5
$0.5
$2.5
$0.4
$0.4
$2.0
$0.3
$0.3
JUN
JUL
MAY
MOST ACTIVE
Vol 00s
Orbite Explor
Sandstorm Gold
Kaminak Gold
Allana Res
Intertainment
Copper Fox Mtls
Grt Wstn Mnrls
Ucore Rare
Canaco Res
Rio Alto Mining
25916
24018
21577
17590
16803
12429
12179
11214
10762
10553
JUN
JUL
Ch
2.70
1.41
4.00
1.32
0.44
1.61
0.71
0.62
2.90
2.09
-0.05
+0.09
+0.58
+0.01
-0.01
+0.04
-0.03
+0.01
+0.30
+0.11
Vol 00s
Adira Energy
Taranis Res
PyroGenesis
Pioneering Tech
Sthn Arc Mnrls
Colombian Mines
Kaizen Capital
Nevado Res
Monarques Res
African Queen
638
350
38
551
5948
721
50
2297
93
385
Ch
0.52
0.29
1.40
0.275
1.19
0.65
0.35
0.35
0.33
0.26
+52.9
+45.0
+40.0
+37.5
+30.8
+30.0
+29.6
+29.6
+26.9
+26.8
WINNIPEG (CP) — Grain quotes yesterday.
Open High
Low Close Yest.
Open
CANOLA
546.10
553.50
557.20
559.70
561.60
538.80
0.00
0.00
0.00
0.00
0.00
536.50
544.60
549.60
554.80
557.60
533.00
0.00
0.00
0.00
0.00
0.00
MAY
High
Low
Close Yest.
BARLEY (WESTERN):
540.70
548.90
554.30
558.40
562.10
540.20
538.50
542.50
546.50
550.50
554.50
541.30
549.50
554.40
558.10
561.00
534.00
532.30
536.30
540.30
544.30
548.30
Oct
Dec
Mar ’12
May
Jul
Oct
Dec
Mar ’13
May
Jul
Oct
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
205.00
Winnipeg Commodity Exchange cash prices: Feed wheat: Track Thunder Bay CW: $233.00 Canola:
Thunder Bay No. 1 Canada: $545.70 Vancouver No.1 Canada: $561.70
New Flyer sees
large loss,
lower revenues
JUN
JUL
CanAsia Finl A
Titan Star
Intigold Mines
APIC Petroleum
Asbestos Corp
Pinecrest Res
Bold Ventures
Allegiance Eqty
Champion Bear
Lago Dourado
Vol 00s
50
1420
140
110
12
100
200
250
100
250
Cls
0.13
0.125
0.26
0.30
0.18
0.37
0.24
0.22
0.23
0.51
Ch
-55.2
-50.0
-35.0
-33.3
-33.3
-26.0
-25.0
-24.1
-23.3
-21.5
NEW Flyer Industries Inc. (TSX:NFI.
UN) swung to a loss in the second
quarter as deliveries by the bus builder declined and it faced other balance
sheet challenges.
The Winnipeg-based company,
which reports in U.S. dollars, said it
S&P/TSX 60
S&P/TSX-VEN
S&P 500
Energy
Materials
Industrials
Consumer Disc.
Health Care
Consumer Stpl
Financials
IT
Telecom Serv
Utilities
Mining
Gold
Real Estate
Close
695.87
1752.13
1,120.76
274.34
409.45
103.56
82.15
49.78
193.46
170.59
27.03
95.51
211.36
1,148.20
406.93
193.49
Chg.
+3.52
+40.90
-51.77
+2.80
+14.26
-0.42
+0.02
-0.31
+0.00
-2.15
-0.34
+0.24
+3.04
-11.55
+18.42
+0.42
suffered a net loss of US$7.3 million in
the three months ended July 3, compared with earnings of US$33.2 million in the same quarter last year.
Consolidated revenue was US$225.9
million, down from US$280.5 million.
New Flyer said the decrease in net
Vol 00s
651671
412992
394568
309135
250297
175391
154019
143555
139478
137861
Cls
50.86
13.73
24.20
19.93
26.48
19.78
13.71
11.77
13.65
5.72
Ch
-2.17
-0.33
-1.38
-0.67
-1.12
-0.93
-0.84
-0.32
-0.77
-0.47
TOP % GAINERS
MAY
JUN
JUL
MOST ACTIVE
OTHER
INDEXES
FUTURES TRADING
Nov 543.00
Jan ’12553.50
Mar 557.00
May 556.00
Jul
557.60
Nov 533.00
Jan ’13 0.00
Mar
0.00
May
0.00
Jul
0.00
Nov
0.00
10000
TOP % LOSERS
Cls
PowerShares QQQ
Cisco Systems
Microsoft
Intel
Oracle
Comcast A
News Corp A
Yahoo
Dell
Micron Tech
11000
TOP % GAINERS
Cls
MOST ACTIVE
AUG 10 CLOSE: 10719.94, -519.83
VOLUME: 396.3 million
9000
-8.77%
-8.77%
-8.76%
-8.76%
-8.74%
-8.74%
-7.18%
-7.15%
-7.12%
+6.91%
NASDAQ
DJI/ INDEX
ORBITE EXPL
VSPA INC
MAY
GLOBAL EQUITY
SunWise Elite Manulife Glo Opp 75/100
SunWise Elite Pls Manulife GloOpp 75/100
SunWise Elite Pls Manulife GloOpp 75/75
SunWise Elite Manulife Glo Opp 75/75
SunWise Elite Manulife Glo Opp 100/100
SunWise Elite Pls Manulife GloOpp100/100
SunWise Elite Mac Cundill Value Fund (F)
SunWise Elite Mac Cundill Value (C)
SunWise Elite Mac Cundill Value Fund (B)
Equitable Life Dyn Power Global Gro B
Bank of America
Genrl Electric
JPMorgan Chase
Ford Motor
Pfizer
Walt Disney
Citigroup
Wells Fargo
Sprint Nextel
AT&T
Vol 00s
Cls
Ch
577816
313442
213985
213478
208661
203979
181167
179495
168907
136142
6.77
15.09
34.37
10.41
17.05
31.54
28.49
22.88
3.16
27.88
-0.83
-0.87
-2.03
-0.50
-0.55
-3.16
-3.33
-1.90
-0.12
-0.97
TOP % GAINERS
Vol 00s
Gushan Envrnmtl
Zuoan Fashion
DoverMotorsport
China Xiniya
Grupo TMM SAB
Xinyaun RE
China Distance
Mistras Group
NaviosMartim LP
E-House China
136
28
9
255
18
1003
9
1780
1705
2099
Cls
Ch
1.67
2.70
1.81
2.96
1.75
2.22
2.30
17.69
14.14
6.37
+22.8
+20.5
+18.3
+17.0
+16.7
+13.3
+11.7
+9.7
+9.4
+8.7
TOP % LOSERS
IntraLinks Hldg
Quad/Graphics
K-V Pharma A
Media General
Phoenix Co
Journal Communs
Gray Televsn B
KAR Auction Svc
Furmanite
Marine Product
Vol 00s
11688
2020
2976
760
2177
676
1382
2433
589
214
Cls
6.64
19.27
1.34
2.11
1.91
3.96
1.45
13.97
5.20
4.10
Ch
-45.4
-25.9
-23.0
-22.7
-20.4
-18.9
-17.1
-16.3
-16.3
-15.8
earnings was primarily attributable
to a US$14.5-million decrease in earnings from operations, including $1.3
million for assessing strategic and
corporate initiatives.
There was also a US$22-million decrease in non-cash charges recovered
Good Times Rest
SPAR Group
ChinaNet Online
Trailer Bridge
BIOLASE Tech
Fuwei Films
Luna Innovation
Astea Intl
D Medical
Toreador Res
Vol 00s
32
10
52
37
6019
101
116
5
98
2565
Cls
1.85
1.38
1.81
1.37
3.33
2.97
1.57
4.83
2.55
3.40
Ch
+25.0
+21.1
+20.7
+20.2
+19.8
+19.3
+18.0
+17.8
+16.4
+16.4
Cls
5.40
1.86
9.89
6.70
11.06
1.46
1.07
2.45
3.56
1.42
Ch
-61.2
-59.1
-40.7
-35.6
-33.2
-27.4
-25.2
-24.6
-24.3
-24.1
TOP % LOSERS
Primo Water
Motricity
Epocrates
BG Medicine
Amtech Systms
SMTC
SatCon Tchnlgy
Hovnanian 7.625
Elbit Imaging
China Info
Vol 00s
11531
24196
3456
96
5753
1120
10937
57
36
3764
WORLD
INDEXES
Brussels
Germany
Hong Kong
London (100)
Mexico
Milan
Paris
Tokyo
Zurich
Close
Chng %Chng %YTD
19,962.70 -671.41 -3.25 -18.10
5,613.42 -303.66 -5.13 -18.81
19,783.67 +452.97 +2.34 -14.12
5,007.16 -157.76 -3.05 -15.13
32,219.33 -162.22 -0.50 -16.42
14,676.04 -1045.41 -6.65 -27.25
3,002.99 -173.20 -5.45 -21.07
9,038.74 +94.26 +1.05 -11.64
4,791.96 -205.96 -4.12 -25.54
to earnings and a US$3.9-million increase in income tax provisions when
comparing the two periods.
Units in New Flyer, were down five
cents at $6.79 Wednesday on the TSX.
— The Canadian Press
U of M students take expertise to Israel
Marketing class
goes hands-on
The exchange
THE Arni C. Thorsteinson Exchange Program:
By Murray McNeill
T
WENTY-ONE-YEAR old business
student Krystin Houston has
never set foot in an overseas land
but that’s about to change.
Houston is one of 11 third-year business students from the University of
Manitoba who will be flying to Israel
later this month as part of a student
exchange program that will see them
spend about 10 days in the Middle Eastern country and nine business students
from Ben-Gurion University in Tel
Aviv spend about the same amount of
time here.
It’s all part of the Arni C. Thorsteinson Exchange Program, a seven-yearold U of M initiative the goal of which
is to get business students interested in
international trade and give them some
hands-on experience in how it works by
meeting with business experts in both
countries and jointly developing marketing plans for how they would introduce a new business to each country.
“Canada is a global trading partner,
so you have to know what it takes to
get your product into another country,”
said Rob Warren, executive director
of the U of M’s Stu Clark Centre for
Entrepreneurship. “I think this (the exchange program) is a good example of
what the university is doing to build the
next generation of business leaders.”
In addition to teaching them some of
the ins and outs of international trade,
Warren said the program is also designed to expand their knowledge about
the culture and political history of Canada and Israel by having the students
spend roughly 10 days in each country.
“And the only way you can really experience culture is to live it,” he added.
Houston said she can’t wait to arrive
in Israel on Aug. 17.
B_08_Aug-11-11_FP_01.indd B8
BORIS MINKEVICH / WINNIPEG FREE PRESS
Conviron CEO Steven Kroft discusses the benefits of global trading with students travelling to Israel on an exchange program.
“I’ve never been overseas, so this is
a huge deal,” she said in an interview
Wednesday following a tour of the
manufacturing plant for Controlled
Environments Ltd. (Conviron), a local firm that exports its products —
controlled environment chambers for
plant-growth research — to about 90
countries, including Israel.
Conviron president and CEO Steven
Kroft told the exchange students while
there are challenges associated with
global trading, the payoffs can be huge.
“It (the world) is just such a massive
market. The opportunities are really
endless, and when one market is down,
another will be up,” he said. “And it’s a
great opportunity to see the world and
to get an understanding of other countries. I love it for that alone.”
Houston said she’s already gained a
wealth of knowledge about Israel and
its culture just through her dealings
with the Israeli exchange students. Sahar Shbiro said it’s the same for him
and his fellow Israelis.
“Working with the Canadian students
we’ve already learned a lot (about Canada),” the 26-year-old said.
The team Houston is on is putting
together a plan for how it would introduce Canadian athletic-clothing re-
tailer LuluLemon to the Israeli market.
And Shbiro’s team is developing a plan
for how it would introduce the Delta
Hotels chain.
“We’re looking to see what adjustments we would have to make for it to
be successful (in Israel),” he said.
Warren said the students will be
meeting with officials with three business organizations in Winnipeg and
five in Toronto as part of the Canadian
portion of the program. The other two
local groups are the Winnipeg Airports
Authority and CentrePort Canada.
[email protected]
What is it? A month-long student
exchange program involving thirdyear business students from the
University of Manitoba and BenGurion University in Israel.
What are the goals? To encourage business students to think
globally; to provide them with
an opportunity to interact with
business students and business
leaders from both countries; to
give them hands-on experience
at developing a marketing plan
for introducing a new product or
business into each market; and
to expand their knowledge of the
cultural and political history of the
two countries.
How does it work? The intense,
month-long program involves
between 16 and 20 students splitting into groups of four, picking an
existing business and developing
a marketing plan for how they
would introduce that business
into a foreign market — in this
case its Canadian businesses
into Israel and Israeli businesses
into Canada. In the course of
developing their marketing plans,
they meet with local business and
trade officials in both countries to
learn some of the ins and outs of
doing business in each country.
They then finalize their plans and
formally present them to a panel
of experts. This year, the program
begins in Winnipeg and ends in
Israel but in some years it’s been
the other way around.
Who sponsors it? Named after
prominent Winnipeg businessman
Arni Thorsteinson, the program is
largely funded by U of M alumnus
and Toronto businessman Gerald
Schwartz.
8/10/11 8:51:59 PM