Latest News
-
TransAlta reports second-quarter profit, revenue up from a year ago
TransAlta Corp. TA-T -2.66%decrease reported its second-quarter profit and revenue were up compared with a year ago. The company says its profit attributable to common shareholders amounted to $35-million or 12 cents per diluted share for the quarter…
-
Enbridge beats estimates for second-quarter profit, touts increasing demand for gas transmissions
Enbridge Inc. ENB-T -1.80%decrease expects its gas transmission business to play a growing role amid booming demand across North America, even as some of its customers express unease over ongoing geopolitical uncertainty. Speaking to analysts Friday as the…
-
ATD.TO: Couche-Tard to expand European footprint with $8.7-billion purchase of Polish retailer Zabka
Alimentation Couche-Tard Inc. ATD-T +1.37%increase is making an US$8.7-billion all-cash takeover play for Polish convenience retailer Zabka Group SA, widening its footprint in Europe with a major push in one of the continent’s fastest-growing economies. It’s the Canadian…
-
Telus cuts dividend in half to deploy more cash for debt repayment, shares dive
Telus Corp. T-T -11.27%decrease surprised investors Friday with a higher-than-expected 55-per-cent dividend cut while lowering its financial guidance for the year as new chief executive officer Victor Dodig reorients the telecom and technology company in a bid to…
-
Enbridge pipeline trespassed on Wisconsin tribal land, must be moved, U.S. appeals court finds
A U.S. appeals court found Enbridge liable for trespass for running a pipeline under land belonging to a northern Wisconsin tribe, but gave the Canadian energy company more time to reroute the pipeline and ordered…
-
Y’all Street launches: Texas Stock Exchange goes live in Dallas
A new rival to Wall Street officially debuted on Friday as the Texas Stock Exchange went fully live for the first time with trading available for all of its listed tickers. The Texas Stock Exchange, which is…
-
The Big Six banks control 85% of deposits, yet their rates rank near last
Canada’s Big Six banks hold roughly 85 per cent of all deposits in the country. Add Desjardins, the seventh-largest player, and that share climbs to 91 per cent. The rest, including over 100 credit unions…
-
CPKC profits dip despite bumper grain crop fuelling higher revenues
Canadian Pacific Kansas City Ltd. CP-N -3.99%decrease says profits dipped in its latest quarter even as revenues shot up on the back of a bumper grain crop. The Calgary-based railway says net income nudged down nearly two per…
-
TC Energy beats quarterly profit estimates on strong North American operations
Pipeline operator TC Energy TRP-T -0.23%decrease beat analysts’ estimates for second-quarter profit on Thursday, helped by strength in its North American operations. Pipeline operators across North America are seeing support from growing natural gas consumption, including demand from…