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Transcontinental diversifies into plastic packaging to offset printing declines

MONTREAL - Transcontinental Inc. is buying Capri Packaging as it moves into plastic packaging under a diversification strategy aimed at offsetting declines in its traditional printing business and advertising softness in its media division. The Montreal-based printing company announced the US$133-million acquisition of U.S.-based Capri on Tuesday after reporting net profit increased almost 10 per cent to $17.2 million in its fiscal first quarter despite a decline in revenue.

Second Cup coffee chain has Q4 profit, stable adjusted earnings, lower revenue

MISSISSAUGA, Ont. - The Second Cup's chain of specialty coffee shops produced less revenue in the fourth quarter than a year earlier but shook off the huge loss it recorded at the end of 2012. The $1.8-million net income for the 13 weeks ended Dec. 28 marked the second consecutive quarter of improvements for Second Cup, which had posted a $10.1-million loss in the second quarter. It was also an improvement from a $12-million net loss in the fourth quarter of 2012, which included a $15.6-million asset writedown.

Ubisoft to unleash 'Watch Dogs' video game in May

Ubisoft said Thursday that it will unleash hacker-themed video game "Watch Dogs" on May 27 in what could turn a disappointing launch delay into a smart marketing move. Shares in the publicly traded French company took a hit when it announced that "Watch Dogs" would not be released as originally planned in November of last year. However, hitting the market at that time would have had pitted it against a hotly anticipated new installment in the beloved "Call of Duty" franchise for players' time and money.

Mayor Rob Ford not the only reason for stable Q4 profit: Toronto Star publisher

TORONTO - The Toronto Star's coverage of scandal-plagued Mayor Rob Ford helped stabilize profits at parent company Torstar Corp. (TSX:TS.B) in the fourth quarter, but it wasn't the sole reason for the improved results, company executives said Wednesday. "If that were the case, the results would be even bigger," laughed John Cruickshank, the newspaper's publisher and president of the Star Media Group when asked in a conference call what role the controversial Toronto mayor played in the company's latest earnings.

Game play remains at heart of changing lifestyles

For almost as long as there have been computers, there have been people intent in playing games with them. Since young programmers at the Massachusetts Institute of Technology came up with "Spacewar!" some 50 years ago, the world of videogames has exploded into a multi-billion-dollar industry. "From the earliest days of computer, these folks went after computer graphics and went after videogames," Gartner consumer technologies research director Brian Blau told AFP.

Zynga plans March soft launch for 3 key titles in mobile revamp

By Malathi Nayak SAN FRANCISCO (Reuters) - Zynga Inc said on Monday it will kick off a soft launch of its "FarmVille 2: Country Escape" game and two other updated core titles before the end of March - critical first steps as it seeks to remake itself as a mobile gaming company. The games, which include "Zynga Poker" and "Words With Friends" will roll out on iOS and Android phones and tablets in select undisclosed markets before officially launching by the end of June.

RugbyU: Lancaster says England have absorbed Wales lesson

England coach Stuart Lancaster is confident history won't repeat itself when his side face champions Wales in the Six Nations at Twickenham on March 9. Last season, England arrived in Cardiff on the brink of a Grand Slam but their hopes fell at the final hurdle on the back of a record 30-3 loss at the Millennium Stadium. Eight Tests have passed since then, with England now on the cusp of a Triple Crown.

AP Weekly News Calendar

?Thursday, Feb. 27: BRUSSELS — DAY 2 of NATO defence ministers' meeting, with focus on Afghanistan and Ukraine. News conference by alliance secretary general Anders Fogh Rasmussen scheduled at 1240 GMT. MANILA — U.N. Humanitarian Chief Valerie Amos to hold a press conference on her latest visit to areas devastated by Typhoon Haiyan three months ago to assess relief work and plans for rehabilitation and reconstruction.

RugbyU: Lancaster says England have absorbed Wales lesson

England coach Stuart Lancaster is confident history won't repeat itself when his side face champions Wales in the Six Nations at Twickenham on March 9. Last season, England arrived in Cardiff on the brink of a Grand Slam but their hopes fell at the final hurdle on the back of a record 30-3 loss at the Millennium Stadium. Eight Tests have passed since then, with England now on the cusp of a Triple Crown.

DreamWorks revenue slumps, takes charge as "Turbo" underperforms

(Reuters) - DreamWorks Animation SKG Inc's fourth-quarter revenue fell a steeper-than-expected 23 percent due to the continued poor performance of "Turbo" and the lack of a major movie released in the United States in the period. Shares of the Hollywood studio fell 7.5 percent to $32.55 in extended trading after the company also said it took a charge related to the poor performance of "Turbo."
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