SASKATOON — Nutrien Ltd. reported second-quarter net earnings of US$448 million, down from US$3.6 billion a year earlier.The Saskatoon-based company says sales were US$11.7 billion, down from US$14.5 billion during […]
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Intact Earnings Down 79 Per Cent After Second Quarter Full Of Severe Weather Events
Wed Aug 2, 4:18PM CDTTORONTO — Intact Financial Corp. says its net income for the second quarter was $260 million, down 79 per cent from $1.2 billion last year.The insurance […]
Fortis: Q2 Earnings Snapshot
AP – Wed Aug 2, 8:17AM CDTST. JOHN`S, Newfoundland (AP) — ST. JOHN`S, Newfoundland (AP) — Fortis Inc. (FTS) on Wednesday reported second-quarter profit of $218.9 million.The St. john`S, Newfoundland-based company said […]
U.S. Private Sector Job Growth Far Exceeds Expectations In July
With the leisure and hospitality sector again driving growth, payroll processor ADP released a report on Wednesday showing U.S. private sector employment jumped by much more than expected in the […]
Fitch Credit Rating Downgrade Contributing To Sell-Off On Wall Street
Stocks have moved sharply lower in morning trading on Wednesday, adding to the modest losses posted in the previous session. The major averages have all moved to the downside, with […]
Oil prices hit multi-month highs on tightening supply
Aug 1, 2023 Oil prices rallied to a fresh three-month high on Monday and recorded their steepest monthly gains since January 2022, supported by signs of tightening global supply and […]
ALTAGAS REPORTS SECOND QUARTER 2023 RESULTS
RESULTS BY SEGMENTNormalized EBITDA (1) (2)Three Months EndedJune 30($ millions)20232022Utilities102116Midstream134163Sub-total: Operating Segments236279Corporate/Other3(3)$ 239$ 276(1)Non‑GAAP financial measure; see discussion in Non‑GAAP Financial Measures section of this new release.(2)In the third quarter of 2022, Management […]
Markets Brace For Key Data Releases
Published: 8/1/2023 7:07 AM ETMarket sentiment remained mixed ahead of key data releases lined up for the week. Manufacturing PMI and Job Openings data from the U.S are due later in […]
Dock workers at key Canadian ports reject labor deal, creating further trade uncertainty
West Coast membership of the International Longshoremen and Warehouse Union of Canada voted down a tentative deal late Friday in a two-day vote The ILWU, Canada chapter is calling on […]