TORONTO, Nov. 5, 2024 /CNW/ – (TSX: IFC) HighlightsOrganic operating DPW1,2 growth of 6%, excluding acquisitions and exits, led by continued momentum in Personal lines Combined ratio1 of 103.9% included 22 points of catastrophe losses, offsetting […]
Author: Consultant
MDA reports $29.5M Q3 profit, revenue up nearly 40 per cent from year ago
MDA Space Ltd. reported $29.5 million in third-quarter net income, up from $9.3 million in the same quarter last year, as its revenue rose by nearly 40 per cent compared […]
U.S. gasoline inventories hit two-year low amid surprise fuel drawdown, EIA says
U.S. gasoline inventories fell to their lowest levels in two years as fuel supplies drew down unexpectedly last week amid strong demand, while crude oil stockpiles rose by more than […]
Ovintiv consolidates holdings with $3.3-billion Montney buy, $2.8-billion Uinta sale
Ovintiv Inc. OVV-T +3.25%increase is streamlining its operations with a deal to buy assets in Alberta’s Montney region while off-loading its holdings in Utah.The oil and gas producer said Thursday it was paying […]
ATCO REPORTS THIRD QUARTER 2024 EARNINGS
ATCO Ltd. (ATCO or the Company) today announced third quarter 2024 adjusted earnings of $91 million ($0.81 per share), $10 million ($0.10 per share) higher compared to $81 million ($0.71 per share) in the third quarter of 2023.Read more […]
Brookfield Corp. reports Q3 distributable earnings up from year ago
Brookfield Corp. reported its third-quarter distributable earnings totalled US$1.33 billion, up from $1.15 billion in the same quarter a year ago.The global investment firm, which keeps its books in U.S. […]
CANADIAN UTILITIES REPORTS THIRD QUARTER 2024 EARNINGS
anadian Utilities Limited (Canadian Utilities or the Company) today announced third quarter 2024 adjusted earnings of $102 million ($0.38 per share), which were $15 million ($0.06 per share) higher compared to $87 million ($0.32 per share) in the third […]
Loblaw Companies reports Q3 profit up from year ago, revenue also higher
Canada’s largest grocer reported growth in sales and profits in its third quarter, as shoppers weary of high food prices continue to visit its discount stores more often.Loblaw Cos. Ltd. L-T -1.89%decrease reported […]
Linamar Delivers Exceptional Free Cash Flow, Launches NCIB, Continues Top and Bottom Line Growth
Strong financial performanceSales up 8.3% to $2.64 billion in Q3 2024; Normalized Operating Earnings1 up 14.1% in Q3 2024; and Normalized Diluted Earnings per Share1 up 6.3% in Q3 2024.Excellent Free Cash Flow$269.6 million of […]