Key Developments: Loblaw Companies Ltd (L.TO)

L.TO on Toronto Stock Exchange

69.57CAD
4 Sep 2015
Change (% chg)

$-0.85 (-1.21%)
Prev Close
$70.42
Open
$69.77
Day's High
$70.46
Day's Low
$68.97
Volume
279,988
Avg. Vol
526,262
52-wk High
$74.45
52-wk Low
$53.26

Search Stocks

Latest Key Developments (Source: Significant Developments)

Loblaw Companies Ltd to maintain FY 2015 same-store sales guidance
Thursday, 23 Jul 2015 06:30am EDT 

Loblaw Companies Ltd:Says that for FY 2015 it maintain positive same-store sales guidance.  Full Article

Loblaw Companies Ltd declares dividend
Thursday, 23 Jul 2015 06:30am EDT 

Loblaw Companies Ltd:Declared quarterly dividend of $0.250 per common share, payable on Oct. 1 to shareholders of record on Sept. 15 and dividend on Second Preferred Shares, Series B of $0.41 per share payable on Sept. 30, 2015 to shareholders of record on Sept. 15.No dividends were declared on the Second Preferred Shares, Series A.  Full Article

Loblaw Companies Ltd employees accept offer; strikes cancelled - CJX
Thursday, 9 Jul 2015 08:00pm EDT 

Loblaw Companies Ltd:Says Employees of 69 Loblaw Companies owned stores in Ontario markets from Ottawa to Windsor have voted to accept a six-year contract offer from Loblaw -CJX.Says Strikes commenced July 2 in nine stores, and strikes scheduled to commence in 60 additional stores on July 11 have been cancelled.  Full Article

Loblaw Companies Ltd recalls No Name chicken burgers - Canada Stockwatch
Wednesday, 1 Jul 2015 08:00pm EDT 

Loblaw Companies Ltd:Says is recalling No Name chicken burgers with the UPC 60383116958 and best-before date of Jan. 22, 2016, in Atlantic Canada, Ontario and Quebec, since they may be unsafe to consume due to possible salmonella contamination - Canada Stockwatch.  Full Article

Loblaw Companies Ltd to recommence negotiations regarding unresolved Ontario labour contracts - Reuters
Wednesday, 1 Jul 2015 08:00pm EDT 

Loblaw Companies Ltd:Says to recommence negotiations with United Food and commercial workers union, locals UFCW 175 & 633 and 1000a, regarding unresolved Ontario labour contracts - Reuters.Says strikes are scheduled to begin in 60 other stores represented by ufcw 1000a on Sunday, in markets from Ottawa to London.Says the company will continue to operate many of those stores in the event of a strike.Says mediator has requested that neither party offer public statements regarding the negotiations.Says negotiations, which come at the request of a provincially appointed mediator, commence this afternoon.Says company has continued to operate all nine stores.  Full Article

Loblaw Companies Ltd announces preferred share offering
Monday, 1 Jun 2015 09:18am EDT 

Loblaw Companies Ltd:Announces preferred share offering.Says domestic public offering of 6 million cumulative second preferred shares, series b at a price of $25.00 per share.Says intends to redeem all of outstanding second preferred shares, series a for cash on July 31, 2015.Says the redemption price for each preferred share series a will be $25.00.Intends to use proceeds of the issue of preferred shares series b to partially fund the redemption of its preferred shares series A.  Full Article

UFCW members vote 97 pct in favour of strike action at Loblaw Companies Ltd in Ontario - The Canadian Press
Thursday, 14 May 2015 08:00pm EDT 

Loblaw Companies Ltd:The United Food and Commercial Workers union says its members working at Loblaw Companies Ltd. in Ontario have voted 97 pct in favour of strike action - The Canadian Press.The strike votes at locals 175 and 633 took place after the union broke off talks on May 5.The two UFCW locals represent 28,000 grocery workers employed at Loblaws Great Food and Superstore, Zehrs, Zehrs Great Food and Superstore, and Fortinos.The locals say the main issues are wages, work schedules, benefits and they’re seeking improvements and limits on third party providers.Negotiations are scheduled to resume on May 26.  Full Article

Loblaw Companies declares quarterly dividend
Wednesday, 6 May 2015 06:30am EDT 

Loblaw Companies Ltd:Declares a quarterly dividend of $0.250 per common share, an increase of about 2.0 pct.Payable on July 1 to shareholders of record on June 15.  Full Article

Loblaw Companies Limited announces normal course issuer bid
Friday, 24 Apr 2015 09:20am EDT 

Loblaw Companies Limited:Says the Toronto Stock Exchange (TSX) has accepted a notice filed by Loblaw of its intention to make a normal course issuer bid (NCIB).TSX notice provides that Loblaw may, during the 12-month period commencing April 28 and terminating April 27, purchase up to 21,931,288 of Loblaw's common shares, representing about 10 pct of the public float, by way of a NCIB on the TSX or through alternative trading systems.As of April 20 Loblaw had 412,628,020 outstanding Common Shares.Based on the average daily trading volume of 553,419 during the last six months, daily purchases will be limited to 138,355 Common Shares, other than block purchase exceptions.Purchases of Common Shares will be made in open market transactions on the TSX or through alternative trading systems.In addition, Loblaw may enter into forward purchase or swap contracts in connection with Common Shares which may be settled by physical settlement, cash settlement or a combination thereof.Forward price will be based on market price, dividend yield and market interest rates.  Full Article

Loblaw Companies Limited gives FY 2015 earnings outlook - Conference Call
Thursday, 26 Feb 2015 11:00am EST 

Loblaw Companies Limited:Expects to grow adjusted net earnings, including synergies, with adjusted net earnings-per-share growth for FY 2015 being moderated.Reported EPS of $3.22 in FY 2014.FY 2015 EPS of $3.52 - Thomson Reuters I/B/E/S.  Full Article

CORRECTED-UPDATE 1-Canadian grocer Loblaw to close 52 unprofitable stores

July 23 - Loblaw Cos Ltd, Canada's largest food retailer, said it would close 52 unprofitable stores following a review of its 2,300 grocery and other locations launched last year.

Search Stocks