Waste Connections Inc. (WCN) on Wednesday reported second-quarter earnings of $275.5 million. On a per-share basis, the Ontario, Ontario-based company said it had net income of $1.07. Earnings, adjusted for […]
Author: Consultant
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West Fraser second-quarter profits rise from loss last year, sales also up
West Fraser Timber Co. says it earned US$105 million in the second quarter, up from a loss of US$131 million a year earlier. The Vancouver-based company says it saw sales […]
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Teck cuts copper forecast as it experiences more bumps with QB2 mine ramp-up
Teck Resources Ltd. is cutting its copper production forecast and hiking its costs just weeks after the Canadian miner’s focus narrowed significantly to rely only on metals. Vancouver-based Teck on […]
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Rogers Communications’ Q2 profit up amid lower restructuring costs from Shaw merger
Rogers Communications Inc. reported its second-quarter profit rose to $394 million from $109 million a year ago, in part due to lower restructuring and acquisition costs related to its purchase […]
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Bank of Canada cuts key rate to 4.5%
The Bank of Canada lowered its benchmark interest rate for the second consecutive time on Wednesday and said that it is now putting more emphasis on downside risks to economic […]
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CN Rail lowers 2024 earnings forecast due to strike uncertainty
Canadian National Railway Co. says it earned $1.11 billion in the second quarter, though it lowered its forecast for earnings growth as it faces the threat of a worker strike. […]
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China Lowers Policy Rates To Prop Up Growth
By Renju Jaya ✉ | Published: 7/22/2024 2:07 AM ET | China lowered its short-term policy rate as well as benchmark lending rates on Monday, in order to prop up growth. The People’s Bank of […]
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Calendar: July 22 – July 16
Monday July 22 Earnings include: Cleveland-Cliffs, Verizon, Nucor Tuesday July 23 Euro area consumer confidence 830 am ET: Canada new housing price index for June 10 am ET: U.S. existing […]
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U.S. weekly unemployment claims increase more than expected, but no material shift in labour market
The number of Americans filing new applications for unemployment benefits rose more than expected last week, but there has been no material shift in the labour market and the data […]