Brookfield profit declines 39% as rates riseBrookfield Asset Management Inc. BAM-A-T +1.31%increaseCEO Bruce Flatt says the inflationary environment is enhancing the value of its investments – but the company’s second-quarter results show […]
Author: Consultant
METRO REPORTS 2022 THIRD QUARTER RESULTS
METRO REPORTS 2022 THIRD QUARTER RESULTS2022 THIRD QUARTER HIGHLIGHTS Sales of $5,865.5 million, up 2.5% Food same-store sales up 1.1% Pharmacy same-store sales up 7.2% Net earnings of $275.0 million, up 9.0% and adjusted net earnings(1) of $283.8 […]
Manulife reports drop in second-quarter core profit
Manulife reports drop in second-quarter core profitManulife Financial Corp slightly beat analysts’ estimates for second-quarter core profit but saw earnings drop from a year earlier, due to market volatility that […]
West Fraser cuts production, mill shifts in B.C. for loss of 147 jobs
West Fraser cuts production, mill shifts in B.C. for loss of 147 jobsWest Fraser Timber Co. Ltd. WFG-T +2.37%increase says it is cutting a shift at three B.C. mills for a loss of […]
U.S. inflation rate slips from 40-year peak but remains high at 8.5%
U.S. inflation rate slips from 40-year peak but remains high at 8.5%Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge […]
Justin Trudeau’s reality: Much of the country dislikes him
Justin Trudeau’s reality: Much of the country dislikes himWill Justin Trudeau know when it’s time to go?Surely, this is something occupying at least some of his energy during his much-discussed […]
Hong Kong’s Hang Seng drops around 2% as Asia markets slip; China’s inflation rises
Hong Kong’s Hang Seng drops around 2% as Asia markets slip; China’s inflation risesAsia-Pacific shares fell on Wednesday as investors digest inflation data from China and look ahead to the […]
Telus’ Net Income Soars 45% In Q2 As It Reports Rise In Mobile, Internet Customers
Telus’ Net Income Soars 45% In Q2 As It Reports Rise In Mobile, Internet CustomersTelus Corp. says its net income soared by 45 per cent in its most recent quarter […]
Power Corp.’S Q2 Profits Fall 71 Per Cent To $527 Million
Power Corp.’S Q2 Profits Fall 71 Per Cent To $527 MillionPower Corporation of Canada says it earned $527 million in the second quarter, a 71 per cent decline from the […]