Nuvei Corp. NVEI-T -39.43%decrease, which processes digital payments and is one of Canada’s best-known financial technology companies globally, watched its shares plummet 39 per cent to a record low Wednesday after slashing […]
Author: Consultant
Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow
Normalized Earnings per Share1 up 55.4%; Sales up 28.8% to $2.55 billion, a new record for a quarter; Diversified strategy validated with Industrial earnings tripling over prior year, anchoring solid overall performance; […]
Aug 9: Oil hits new highs as tighter supply offsets China demand concer
Oil hit new peaks on Wednesday with Brent crude touching the highest price since April, as tighter supply owing to Saudi and Russian output cuts offset concerns over slow demand […]
Franco-Nevada: Q2 Earnings Snapshot
Franco-Nevada Corp. (FNV) on Tuesday reported second-quarter earnings of $184.5 million.The Toronto-based company said it had net income of 96 cents per share. Earnings, adjusted for non-recurring gains, came to […]
Great-West Lifeco Reports Second Quarter 2023 Results
Base earnings1 EPS of $0.99 or $920 million increased by 2% or $17 million from a year ago. Net earnings EPS of $0.53 or $498 million; includes ($0.30) or ($279 million) of losses associated with strategic business portfolio repositioning and surplus asset […]
METRO REPORTS 2023 THIRD QUARTER RESULTS
2023 THIRD QUARTER HIGHLIGHTSSales of $6,427.5 million, up 9.6% Food same-store sales(1) up 9.4% Pharmacy same-store sales(1) up 5.9% Net earnings of $346.7 million, up 26.1%, and adjusted net earnings(1) of $314.8 million, up 10.9% Fully diluted […]
Hydro One earnings on the rise after rate hike
Hydro One Ltd. H-T +0.61%increase says second-quarter earnings ticked up four per cent compared to a year ago.In the three months ended June 30, the power utility says net income attributable to common […]
Sun Life reports higher second-quarter profit
Sun Life FinancialSLF-T -0.73%decrease reported a rise in second-quarter profit on Tuesday, helped by its acquisition of U.S. dental benefits provider Dentaquest and strong insurance sales at home.Sunlife has been diversifying its […]
China’s July exports tumble by double digits, adding to pressure to shore up flagging economy
China’s exports plunged by 14.5% in July compared with a year earlier, adding to pressure on the ruling Communist Party to reverse an economic slump.Imports tumbled 12.4%, customs data showed […]