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Wholesale prices rose 0.3% in July, higher than expected
The producer price index rose 0.3% for the month, slightly higher than the 0.2% estimate. On a year-over-year basis, headline PPI was up just 0.8%. Prices excluding food, energy and […] This post is only…
Power Corporation Reports Second Quarter 2023 Financial Results
Net earnings [2] were $501 million or $0.75 per share [3] for the second quarter of 2023, compared with $601 million or $0.89 per share in 2022. Adjusted net earnings [2][4] were $847 million or $1.27 per share, compared with $647 million or $0.97 per share in the second quarter of 2022. Adjusted […] This post is only…
Algonquin Power & Utilities: Q2 Earnings Snapshot
Algonquin Power & Utilities Corp. (AQN) on Thursday reported a loss of $253.2 million in its second quarter.On a per-share basis, the Oakville, Ontario-based company said it had a loss […] This post is only…
Canadian Tire Corporation Reports Second Quarter 2023 Results
Consolidated comparable sales1 were up 0.1%, following strong growth of 5.0% in Q2 2022 Normalized diluted Earnings Per Share1 (“EPS”) was $3.08, compared to $3.11 in Q2 2022; Diluted EPS was $1.76, compared to $2.43 in Q2 2022 […] This post is only…
WSP Global raises earnings forecast as profits soar
WSP Global Inc. WSP-T is riding high after boosting its earnings forecast for the year, buoyed by organic growth as well as recent acquisitions that have boosted revenues.Along with higher adjusted earnings, […] This post is only…
Metro reports jump in sales, profit as Toronto-area strike continues
Metro Inc. MRU-T +1.23%increase has reported a jump in both sales and profits in its third quarter, as a strike among its roughly 3,700 Toronto-area grocery workers continues for a second week.The Montreal-based […] This post is only…
Nuvei shares plummet 39 per cent to record low despite recent deals with Ryan Reynolds, F1 to boost global brand
Nuvei Corp. NVEI-T -39.43%decrease, which processes digital payments and is one of Canada’s best-known financial technology companies globally, watched its shares plummet 39 per cent to a record low Wednesday after slashing […] This post is only…
Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow
Normalized Earnings per Share1 up 55.4%; Sales up 28.8% to $2.55 billion, a new record for a quarter; Diversified strategy validated with Industrial earnings tripling over prior year, anchoring solid overall performance; […] This post is only…
Aug 9: Oil hits new highs as tighter supply offsets China demand concer
Oil hit new peaks on Wednesday with Brent crude touching the highest price since April, as tighter supply owing to Saudi and Russian output cuts offset concerns over slow demand […] This post is only…