Canada’s annual inflation rate surged more than expected to 3.3 per cent in July as core measures eyed by the central bank remained stubbornly high, data showed on Tuesday, increasing […]
Author: Consultant
Cargojet reports second-quarter profit and revenue down from year ago
Cargojet Inc. CJT-T +8.79%increase reported net income of $31.1-million in its latest quarter, down from $160.9-million in the same quarter last year as its revenue moved lower.The air cargo company said Monday its […]
Calendar: What investors need to know for the week ahead
Monday August 14(10:30 a.m. ET) Bank of Canada Senior Loan Officer Survey for Q2.Earnings include: Africa Oil Corp.; Boralex Inc.; Cargojet Inc.; Premium Brands Holdings Corp.–Tuesday August 15China industrial production, […]
Wholesale prices rose 0.3% in July, higher than expected
The producer price index rose 0.3% for the month, slightly higher than the 0.2% estimate. On a year-over-year basis, headline PPI was up just 0.8%. Prices excluding food, energy and […]
Power Corporation Reports Second Quarter 2023 Financial Results
Net earnings [2] were $501 million or $0.75 per share [3] for the second quarter of 2023, compared with $601 million or $0.89 per share in 2022. Adjusted net earnings [2][4] were $847 million or $1.27 per share, compared with $647 million or $0.97 per share in the second quarter of 2022. Adjusted […]
Algonquin Power & Utilities: Q2 Earnings Snapshot
Algonquin Power & Utilities Corp. (AQN) on Thursday reported a loss of $253.2 million in its second quarter.On a per-share basis, the Oakville, Ontario-based company said it had a loss […]
Canadian Tire Corporation Reports Second Quarter 2023 Results
Consolidated comparable sales1 were up 0.1%, following strong growth of 5.0% in Q2 2022 Normalized diluted Earnings Per Share1 (“EPS”) was $3.08, compared to $3.11 in Q2 2022; Diluted EPS was $1.76, compared to $2.43 in Q2 2022 […]
WSP Global raises earnings forecast as profits soar
WSP Global Inc. WSP-T is riding high after boosting its earnings forecast for the year, buoyed by organic growth as well as recent acquisitions that have boosted revenues.Along with higher adjusted earnings, […]
Metro reports jump in sales, profit as Toronto-area strike continues
Metro Inc. MRU-T +1.23%increase has reported a jump in both sales and profits in its third quarter, as a strike among its roughly 3,700 Toronto-area grocery workers continues for a second week.The Montreal-based […]