Rogers Communications Inc. RCI-B-T -0.49%decrease saw its profit decrease by 73 per cent to $109-million in its most recent quarter when it closed its deal to buy Shaw Communications Inc.The Toronto-based telecommunications company […]
Author: Consultant
Crescent Point Energy reports $212.3-million quarterly profit, announces special cash dividend
Crescent Point Energy Corp. CPG-T reported its second-quarter profit fell to $212.3-million from $331.5-million a year ago as it announced a special cash dividend of 3.5 cents per share.The company says it […]
First Quantum Minerals Earns US$93 Million In Second Quarter
First Quantum Minerals Ltd. says it earned US$93 million in the second quarter of 2023, down from US$419 million a year earlier.The Toronto-based company, which reports in U.S. dollars, says […]
Canadian National Railway profits fell by 12 per cent in ‘tough’ second-quarter
Canadian National Railway Co.’s CNR-T -0.22%decrease profit fell by 12 per cent in the second quarter amid economic weakness that reduced demand for oil, grain exports and consumer products.The wildfires in parts of Canada also […]
Flooding In Nova Scotia Washes Out CN Rail Track, Disrupting Train Traffic
Canadian National Railway Co. says a major washout has halted traffic along part of its main line in Nova Scotia after torrential rain and flooding struck the province over the […]
Here’s a list of the top 10 companies by market cap in 2023 (as of July 10, 2023):
AppleCurrent CEO: Tim CookYear of Foundation: 1976Apple Inc. is the biggest company in the world by market cap. The company is renowned for its groundbreaking products, such as the iPhone, […]
TC Energy to sell 40% interest in Columbia gas transmission systems for $5.2-billion
Canada’s TC Energy TRP-T +0.64%increase, best known for its Keystone oil pipeline, will divest a 40 per cent interest in its Columbia Gas Transmission and Columbia Gulf Transmission pipelines for […]
West Fraser’s share price is on a tear. Will its quarterly report confirm the bullish case?
West Fraser Timber Co. Ltd.’s WFG-T +0.42%increaseshare price has rallied over the past several weeks amid surprising strength in homebuilding activity in the United States and renewed hope that the economy could […]
Oil markets will face ‘serious problems’ as demand from China and India ramps up, IEF secretary general says
Oil prices are set to rise in the second half of the year, as supply struggles to meet demand, according to an International Energy Forum official. Joseph McMonigle, secretary general […]