Loblaw Hits New 52-Week High on Expanded Role for President

Loblaw Companies Limited (T:L) hit a new 52-week high of $64.77 Tuesday. Loblaw announced that Sarah Davis will assume expanded responsibilities in her role as President. In addition to day-to-day oversight of Loblaw's business performance, she adds full responsibility for the company's 13-member Management Board, and expands her direct-reporting lines with the addition of Finance and Human Resources. Davis continues to report to Galen G. Weston, who becomes Executive Chairman, Loblaw Companies Limited. Loblaw's executive leadership is otherwise unchanged as a result of this announcement.

Unity Metals Corp. (V.UTY) hit a new 52-week high of 60 cents Tuesday.