Shermag Inc. is executing a deep transition that involves moving much of its manufacturing to Asia and cutting local capacity to compete with its foreign rivals. But the sliding share price of ...

TORONTO, May 5 (Reuters) - Shermag Inc said on Monday it has filed for creditor protection with a Quebec court to give the furniture maker time to continue its restructuring efforts. Shermag said that ...

Quebec furniture maker Bermex International Inc. is buying bankrupt Shermag Inc. at undisclosed terms, according to Shermag's board of directors. Bermex, which makes furniture in Quebec, will receive ...

Furniture maker Shermag says profit for the quarter ended Dec. 31 won't meet analysts' estimates. The stock slid 50 cents to a new 52-week low of $7.30 on the TSE. The company said Monday that it ...

Here's one stock that's getting the stuffing knocked out of it. Canada's largest publicly traded furniture maker, Shermag Inc., has been hit by a triple whammy of low-cost Chinese imports, a rising ...