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Baytex: Q4 Earnings Snapshot
Baytex Energy Corp. (BTE) on Wednesday reported a fourth-quarter loss of $459.7 million, after reporting a profit in the same period a year earlier.The Calgary, Alberta-based company said it had […] This post is only…
MDA reports fourth-quarter profit and revenue up from year ago
MDA Ltd. MDA-T +2.06%increase reported a fourth-quarter profit of $13.5-million, up from $8.8-million a year earlier, as its revenue rose 10 per cent.The robotics and space technology firm says the profit amounted to […] This post is only…
U.S. consumer spending fuels strong fourth-quarter GDP growth
The U.S. economy grew at a solid clip in the fourth quarter amid robust consumer spending, the government confirmed on Wednesday, which bodes well for the outlook this year despite […] This post is only…
National Bank reports higher first-quarter earnings, beats estimates
National Bank of CanadaNA-T +3.41%increase reported higher first-quarter profit that beat analysts’ estimates as a revenue boost in Canadian banking and capital markets offset higher reserves for loans that could default.National Bank […] This post is only…
Royal Bank of Canada’s first-quarter profit beats estimates
Royal Bank of CanadaRY-T +0.53%increase reported first quarter profit that beat analysts’ estimates even as the lender set aside more loan loss reserves driven by rising risk in real estate.Canadian banks have […] This post is only…
Bank of Montreal profit misses forecasts on higher loan-loss reserves, weaker capital markets
Bank of Montreal’s BMO-T -1.02%decrease first quarter profit missed analysts’ estimates on a slump in capital markets profit and an uptick in reserves for loans that could default.Adjusted to exclude certain items, the […] This post is only…
Scotiabank’s first-quarter profit hits $2.2-billion even as loan-loss provisions rise
Bank of Nova Scotia BNS-T -0.61%decrease booked higher reserves for loans that could default even as a rise in first quarter profit beat analyst estimates.Scotiabank earned $2.2-billion, or $1.68 per share, in the […] This post is only…
Nutrien sees potash demand recovering on lower prices
Fertilizer giant Nutrien Ltd. says it sees promising signs of increased demand for potash in the year ahead.The Saskatoon-based company says it expects full-year potash shipments of between 68 million […] This post is only…
Economic Calendar: Feb 26 – Mar 1
Monday February 26(8:30 a.m. ET) Canadian manufacturing sales for January.(8:30 a.m. ET) Canadian wholesale trade for January.(10 a.m. ET) U.S. new home sales for January. The Street is forecasting an […] This post is only…