Canada’s inflation rate fell to a surprising degree in January and returned to the Bank of Canada’s target range, highlighted by a moderation at the supermarket.The Consumer Price Index rose 2.9 per […]
Author: Consultant
Magnificent 7 profits now exceed almost every country in the world. Should we be worried?
The so-called “Magnificent 7” U.S. tech behemoths encompass Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. In a research note Tuesday, Deutsche Bank analysts highlighted that the Magnificent 7′s combined […]
Economic Calendar: Feb 19 – Feb 23
Monday February 19China’s current account balanceJapan machine tool ordersU.S. and Canadian markets closed.(8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for January. Estimates are month-over-month increases of […]
TC Energy reports $1.46B Q4 profit, raises quarterly dividend
TC Energy Corp. raised its dividend as it reported a fourth-quarter profit of $1.46 billion.The pipeline operator says it will now pay a quarterly dividend of 96 cents per share, […]
Air Canada reports $184M Q4 profit, operating revenue up 11% from year earlier
Air Canada reported a fourth-quarter profit of $184 million, up from $168 million a year earlier, as its operating revenue rose 11 per cent.The airline says the profit amounted to […]
IGM FINANCIAL REPORTS FOURTH QUARTER AND 2023 EARNINGS
IGM HIGHLIGHTSFourth quarter net earnings of $419.6 million or 176 cents per share compared to $224.7 million or 94 cents per share in 2022. Adjusted net earnings, excluding a gain on the sale of IPC of $220.7 million,1 were $198.9 million or 84 cents per share for […]
AGNICO EAGLE REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
Agnico Eagle Mines Limited (NYSE:AEM) (TSX:AEM.TO) (“Agnico Eagle” or the “Company”) today reported financial and operating results for the fourth quarter and full year of 2023, as well as future operating […]
Cenovus reports $743M Q4 profit, down from $784M a year earlier
Cenovus Energy Inc. reported a fourth-quarter of $743 million, down from $784 million a year earlier, as its revenue also edged lower.The company says the profit amounted to 39 cents […]
Canadian Tire reports Q4 profit and sales down compared with year earlier
Canadian Tire Corp. Ltd. reported its fourth-quarter profit and revenue fell compared with a year ago as it said it navigated a challenging economic environment.The retailer says it earned a […]