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Wednesday, May 1, 2013

Market Chatter-Corporate finance press digest, (NYSE: THI), (TSE: THI.TO)

The following corporate finance-related stories were reported by media on Wednesday: * Canadian coffee-and-doughnut chain Tim Hortons Inc has come under pressure from hedge fund Highfields Capital, a large investor, to aggressively boost returns through debt-funded share buybacks and a scaling back of U.S. expansion plans, according to documents seen by Reuters and two sources familiar with the matter.* During Kazakh miner Eurasian Natural Resources Corp's 2007 flotation on the London Stock Exchange, lawyers and auditors found evidence that the company's financial records had been falsified or destroyed, according to people familiar with the matter, the Financial Times reported. ()

Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI traded higher by 0.02% or $0.01/share to $54.18. In the past year, the shares have traded as low as $45.41 and as high as $58.31. On average, 247495 shares of THI exchange hands on a given day and today's volume is recorded at 219607.

Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI fell by 0.4% or $-0.22/share to $54.58. In the past year, the shares have traded as low as $45.11 and as high as $57.91. On average, 550341 shares of THI.TO exchange hands on a given day and today's volume is recorded at 493060.



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