FirstService Corporation (T.FSV) hit a new 52-week high of $24.84; today announced that its subsidiary, Colliers International, has acquired a significant ownership interest in Chicago's leading commercial real estate services firm, Colliers Bennett & Kahnweiler (Colliers B&K) establishing an important regional hub in the US Midwest to service its growing portfolio of global and national clients.
Colliers International, the third largest global player in commercial real estate services, has moved aggressively over the past two years to expand its international operations by acquiring significant global gateway businesses in New York (2008) and London (2009) while taking ownership and control of Colliers International.
Earlier in 2010, FirstService Real Estate Advisors and Colliers International agreed to combine their operations under the "Colliers International" brand and transitioned from its roots as a decentralized network of affiliates to one centrally-owned business under the operation and control of FirstService.
Royal Bank of Canada (T.RY) hit a new 52-week high of $61.91; RBC Asset Management Inc. today announced that the RBC Emerging Markets Fund is now available to Canadian investors. The fund is appropriate for investors with a long-term focus, who are seeking global diversification and access to high quality emerging market opportunities.
Northstar Aerospace, Inc. (T.NAS) hit a new 52-week high of $2.17; no news announcements today
MDC Partners Inc. (T.MDZ.A) hit a new 52-week high of $11.60; no news announcements today
Dorel Industries Inc. (T.DII.B) hit a new 52-week high of $37.34; no news announcements today
Gildan Activewear Inc. (T.GIL) hit a new 52-week high of $28.55; no news announcements today
Andean Resources Limited (T.AND) hit a new 52-week high of $3.17; no news announcements today
Torstar Corporation (T.TS.B) hit a new 52-week high of $11.50; no news announcements today
Cardiome Pharma Corp. (T.COM) hit a new 52-week high of $8.65; no news announcements today
MKS Inc. (T.MKX) hit a new 52-week high of $12.19; no news announcements today