Bank of Nova Scotia BNS-T -0.61%decrease booked higher reserves for loans that could default even as a rise in first quarter profit beat analyst estimates.Scotiabank earned $2.2-billion, or $1.68 per share, in the […]
Author: Consultant
Nutrien sees potash demand recovering on lower prices
Fertilizer giant Nutrien Ltd. says it sees promising signs of increased demand for potash in the year ahead.The Saskatoon-based company says it expects full-year potash shipments of between 68 million […]
Economic Calendar: Feb 26 – Mar 1
Monday February 26(8:30 a.m. ET) Canadian manufacturing sales for January.(8:30 a.m. ET) Canadian wholesale trade for January.(10 a.m. ET) U.S. new home sales for January. The Street is forecasting an […]
Oil Futures Settle Sharply Lower On Demand Concerns
Published: 2/23/2024 3:17 PM ET | Despite tensions in the Red Sea due to attacks by Houthi militants near Yemen, crude oil futures settled sharply lower on Friday as concerns about the outlook […]
ERF – Enerplus Announces an 8% Increase to its Quarterly Cash Dividend for March 2024
Enerplus Corporation (“Enerplus”) (TSX:ERF.TO) (NYSE:ERF) today announced that its dividend will increase 8%, to US$0.065 per share, effective with the March 15, 2024 dividend, which is payable to all shareholders of record at the […]
Manulife Financial reports fourth-quarter earnings of $1.66 billion
Manulife Financial Corp. says it had a net income attributed to shareholders of $1.66 billion for the quarter ending Dec. 31, up 81 per cent from $915 million in the […]
Nat-Gas Prices Sink as Warm Winter Temps Engulf the U.S.
March Nymex natural gas (NGH24) on Friday closed -0.129 (-7.45%).Nat-gas prices on Friday closed sharply lower as a shift in U.S. weather forecasts to warmer sent nat-gas prices tumbling. The […]
RB Global reports fourth quarter and full year 2023 results
Commenting on the results, Eric J. Guerin, Chief Financial Officer, said, “We capped off the year with strong financial performance and a notable reduction in leverage, a testament to the Company’s […]
TransAlta reports $84-million quarterly loss compared with $163-million loss a year earlier
TransAlta Corp.TA-T +3.83%increase reported a loss attributable to common shareholders of $84 million compared with a loss of $163 million a year earlier.The power utility says the loss amounted to 27 cents […]