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Celestica: Q4 Earnings Snapshot
Celestica Inc. (CLS) on Wednesday reported profit of $151.7 million in its fourth quarter.On a per-share basis, the Toronto-based company said it had profit of $1.29. Earnings, adjusted for non-recurring […] This post is only…
Rogers Communications Reports Fourth Quarter 2024 Results; Announces 2025 Financial Guidance
Rogers tops $20 billion in annual revenue in 2024 as more Canadians choose Rogers Wireless and Internet than any other carrier in CanadaLed all Canadian carriers with combined mobile phone […] This post is only…
CPKC delivers strong fourth-quarter results; positioned to accelerate growth in 2025
Fourth-quarter 2024 resultsRevenues increased by three percent to $3.9 billion from $3.8 billion in Q4 2023 Reported operating ratio (OR) decreased by 210 basis points to 59.7 percent from 61.8 percent in Q4 2023 […] This post is only…
Imperial Oil’s fourth-quarter profit falls on weak crude prices
Canadian oil producer Imperial Oil IMO-T -2.42%decrease posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher production and stronger refinery-capacity utilization.Benchmark crude prices fell 3 per cent in […] This post is only…
CN Rail profits nearly half in fourth quarter as cargo volumes sag
Canadian National Railway Co. CNR-T +0.56%increase says year-over-year profits fell by nearly half in its latest quarter amid lower volumes across virtually all freight segments.The country’s largest railway is reporting net income for […] This post is only…
The ‘extreme’ gap in Canadian and U.S. interest rates
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.As a result, Canadian rates are lagging behind those of the U.S. […] This post is only…
CGI appoints Julie Godin as executive chairperson, strikes deal to buy Britain’s BJSS
CGI Inc.GIB-A-T +0.13%increase is appointing Julie Godin as the company’s new executive chairperson, confirming the board believes the businesswoman is now ready to steer the Canadian IT and business consulting giant after […] This post is only…
Bank of Canada cuts rate by quarter point, highlights tariff risk
The Bank of Canada cut its benchmark interest rate by a quarter-percentage-point on Wednesday and warned that the resilience of Canada’s economy “would be tested” if a trade war breaks […] This post is only…
Metro reports higher first-quarter profit, boosts dividend after ‘transition year’
Metro Inc. MRU-T -3.59%decrease reported a 4-per-cent increase in profits in the first quarter, and boosted the dividend paid to shareholders, as the grocery retailer emerges from a “transition year” and says it […] This post is only…