Latest News
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Tim Hortons-parent Restaurant Brands misses quarterly results on weak demand
Restaurant Brands QSR-T -0.01%decrease missed first-quarter revenue and profit estimates on Thursday, hurt by sluggish demand at its restaurant chains such as Burger King and Tim Hortons amid tariff-related uncertainty. The restaurant industry has been battling ongoing sales…
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BCE cuts dividend by more than half, signs Ziply deal with PSP
Telecom company BCE Inc. BCE-T +6.79%increase has cut its dividend by more than half, marking a long-anticipated departure from its extended history of steady payout growth. BCE is reducing its annualized dividend to $1.75, or $0.4375 quarterly per…
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Cenovus Energy exceeds quarterly profit estimates on higher production
Canadian oil and gas producer Cenovus Energy CVE-T +9.88%increase on Thursday posted a fall in first-quarter profit but managed to beat Wall Street estimates on the back of higher output and improved refining margins. The Calgary-based company’s U.S.-listed…
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Nutrien misses first-quarter profit estimates on delayed field activity
Nutrien NTR-T +0.80%increase fell short of Wall Street expectations for first-quarter profit on Wednesday, as the top potash producer was impacted by delayed field activity due to wet weather conditions in North America. The company’s quarterly sales for…
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Barrick Gold: Q1 Earnings Snapshot
Barrick Gold Corp. (GOLD) on Wednesday reported first-quarter net income of $474 million. The Toronto-based company said it had profit of 27 cents per share. Earnings, adjusted for non-recurring costs, came to 35 cents per…
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Fortis: Q1 Earnings Snapshot
Fortis Inc. (FTS) on Wednesday reported first-quarter net income of $362.2 million. The St. john`S, Newfoundland-based company said it had net income of 70 cents per share. The results topped Wall Street expectations. The average…
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George Weston: Q1 Earnings Snapshot
George Weston Ltd. (WNGRF) on Tuesday reported net income of $57.8 million in its first quarter. On a per-share basis, the Toronto-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring costs,…
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Intact Financial Corporation reports Q1-2025 results
Highlights https://www.newswire.ca/news-releases/intact-financial-corporation-reports-q1-2025-results-868408812.html
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China Unveils Monetary Easing Measures
The People’s Bank of China reduced its benchmark interest rate and reserve requirement ratio and also unveiled a slew of measures to support economy hit by trade tariffs. The PBoC cut the 7-day reverse repo rate by…