Oil prices settled down 2% on Wednesday despite a historic drop in U.S. crude stocks, as traders derisk following the downgrade of the U.S. government’s top credit by a major […]
Author: Consultant
Nutrien’s woes mount, as fertilizer giant slashes capital expenditures, slashes profit forecast again
Nutrien Ltd. NTR-T +0.86%increase is indefinitely suspending plans to ramp up its potash production, cutting its capital expenditure and reducing its profit forecast yet again, as a prolonged slump in the global fertilizer […]
George Weston reports $498-million second-quarter profit, lower than year before
George Weston Ltd. WN-T +0.37%increase says its latest quarter delivered a profit attributable to common shareholders of $498-million.The company, which holds large stakes in Loblaw Cos. Ltd. L-T +0.51%increase and Choice Properties Real Estate Investment Trust, […]
(TOY) Spin Master Sees Sales, Earnings Decline In Second Quarter Amid Weaker Order Volume
Spin Master Corp. says it earned US$28 million in the second quarter, down from US$88.1 million a year earlier.The Toronto-based toy and entertainment company says revenue was US$420.7 million, down […]
Gildan: Q2 Earnings Snapshot
Gildan Activewear Inc. (GIL) on Thursday reported second-quarter profit of $155.3 million.On a per-share basis, the Montreal-based company said it had net income of 87 cents. Earnings, adjusted for non-recurring […]
Canadian Natural Resources Limited (CNQ) Announces Quarterly Dividend
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.90 (ninety cents) per common […]
Bell Saw Q2 Net Earnings Fall 40% As It Began Layoff Of 1,300 Workers
BCE Inc. says its net earnings tumbled almost 40 per cent in its most recent quarter as it began laying off 1,300 workers.The Montreal-based telecommunications company’s net earnings for the […]
Air Cargo Company Cargojet Reports $30.5M Q1 Profit, Revenue Down From Year Ago
Air cargo company Cargojet Inc. reported a first-quarter profit of $30.5 million as its revenue edged lower to start the year.Cargojet chief executive Ajay Virmani says the company is not […]
Cameco: Q2 Earnings Snapshot
SASKATOON, Saskatchewan (AP) — Cameco Corp. (CCJ) on Wednesday reported second-quarter net income of $10.4 million.The Saskatoon, Saskatchewan-based company said it had profit of 2 cents per share. Losses, adjusted […]