TransAlta Corp. TA-T +4.51%increase reported its third-quarter profit rose compared with a year ago as its power production and revenue also came in higher. TransAlta chief executive John Kousinioris says the third-quarter results […]
Category: Uncategorized
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Brookfield Asset Management adds US$26-billion in new capital in third quarter despite fraught markets
Brookfield Asset Management Ltd. BAM-T -1.36%decrease brought in US$26-billion of fresh capital in the third quarter, flexing its fundraising might even as rivals have struggled to attract new money in fraught markets. This […]
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Enbridge records Q3 profit as it awaits approvals for U.S. gas utility acquisitions
https://www.barchart.com/story/news/21696803/enbridge-records-q3-profit-as-it-awaits-approvals-for-us-gas-utility-acquisitions#:~:text=Enbridge%20Inc.%20says,Nov.%203%2C%202023.
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QSR: Tim Hortons parent company sees $364 million profit in Q3 despite rising costs
Restaurant Brands International Inc. recorded a US$364 million profit in its most recent quarter as it continued to warn of increases in commodity, labour, and energy costs. The Toronto-based owner […]
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Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S. dollars, says […]
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Telus profit plunges 74% in the third quarter as restructuring costs bite
VANCOUVER — The cost savings from recent layoffs at Telus Corp. will have a bigger impact on the company’s financial results in the coming quarters, Telus president and CEO Darren […]
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Enbridge to purchase seven renewable gas facilities in Texas, Arkansas for US$1.2-billion
Canadian pipeline giant Enbridge Inc. ENB-T +0.43%increase has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2-billion. The acquisition of the facilities from Texas-based Morrow […]
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Canada’s unemployment rate rises to 5.7% in October as economy sees modest job gain
The Canadian economy added jobs at a slower pace in October and the unemployment rate ticked up, the latest sign of how higher interest rates are weighing on economic activity. […]
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Economic Calendar: Nov 6 – Nov 10
Monday November 6 China trade surplus Japan and Euro zone services and composite PMI Bank of Japan minutes from Sept. 21-22 meeting (10 a.m. ET) Canada’s Ivey PMI for October. […]