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MARKETS LIVE BLOG:

STOCK FUTURES CLIMB AS RATE-HIKE FEARS FADE, WITH APPLE ON DECK

Wall Street bracing for drop in revenue, potentially hefty pullback in iPhone sales in China

Stocks in play: Capital Power Corporation

Baystreet.ca

Has completed its previously announced public and private placement offerings of subscription receipts. The public offering consisted of the issuance of 8,231,000 subscription receipts, on a bought deal basis, at an issue price of $36.45 per Public Subscription Receipt, for total gross proceeds of approximately $300 million pursuant to an underwriting agreement with a syndicate of underwriters led by TD Securities Inc. and National Bank Financial Inc. Capital Power Corporation shares T.CPX are trading up $0.19 at $36.47.

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