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RBC, TD to pay millions to settle U.S. SEC charges over recordkeeping violations
RBC and TD Bank Group have agreed to pay tens of millions of dollars in penalties after being charged by the U.S. Securities and Exchange Commission over recordkeeping violations.RBC Capital […] This post is only…
U.S. crude oil falls more than 2% as Qatar prime minister urges Iran to hold off on Israel attack
Qatar’s prime minister told Iran’s leader to refrain from attacking Israel while Gaza cease-fire negotiations are ongoing in Doha, according to The Washington Post. The talks are set to resume […] This post is only…
Consumer spending jumped in July as retail sales were up 1%, much better than expected
Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported Thursday.Advanced retail sales accelerated 1% on the month, according […] This post is only…
Franco-Nevada: Q2 Earnings Snapshot
Franco-Nevada Corp. (FNV) on Tuesday reported second-quarter earnings of $79.5 million.On a per-share basis, the Toronto-based company said it had profit of 41 cents. Earnings, adjusted for non-recurring costs, came […] This post is only…
US: Annual inflation rate slows to 2.9% in July, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table […] This post is only…
CAE profits fall as supply-chain headwinds persist
CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints.The flight simulator maker says net income attributable to shareholders fell […] This post is only…
METRO REPORTS 2024 THIRD QUARTER RESULTS
2024 THIRD QUARTER HIGHLIGHTS Sales of $6,651.8 million, up 3.5% Food same-store sales(1) up 2.4% Pharmacy same-store sales(1) up 5.2% Net earnings of $296.2 million, down 14.6%, and adjusted net earnings(1) of $305.0 million, down 3.1% Fully […] This post is only…
Montreal’s WSP Global acquires U.S. consulting firm in $1.78-billion cash deal
WSP Global Inc.WSP-T +1.99%increasehas struck a deal to acquire U.S. consulting firm Power Engineers Inc. as the Canadian engineering giant bulks up its capabilities in the North American energy sector.Montreal-based WSP […] This post is only…
Sun Life reports net income of $646 million in second quarter
Sun Life Financial Inc. says its net income slipped in the second quarter on a restructuring charge while its adjusted net income rose.The insurer says it had a net income […] This post is only…