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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, […] This post is only…
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 […] This post is only…
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 […] This post is only…
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 […] This post is only…
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 […] This post is only…
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, […] This post is only…
Intact Financial Corporation reports Q1-2025 results
HighlightsOperating DPW1,2 grew 3%, attributable to continued momentum in Personal lines Combined ratio1 was solid at 91.3%, remaining stable year-over-year despite 2.5 points of higher catastrophe losses Net operating income per share1 increased […] This post is only…
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 […] This post is only…
Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook.In support of its dual goals of maximum employment […] This post is only…