Enbridge Inc. (ENB) on Friday reported second-quarter profit of $1.44 billion. The Calgary, Alberta-based company said it had net income of 68 cents per share. Earnings, adjusted for non-recurring gains, […]
Category: Uncategorized
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Calendar: Aug 7 – Aug 11
Monday August 7 Canadian markets closed (Civic Holiday) (3 p.m. ET) U.S. consumer credit for June. Earnings include: Palantir Technologies Inc. — Tuesday August 8 China’s CPI (8:30 a.m. ET) […]
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Ottawa guarantees an up to $3-billion fresh loan for Trans Mountain pipeline
Export Development Canada (EDC) has guaranteed fresh commercial loans of up to $3-billion to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns. The information disclosed […]
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Thomson Reuters reports higher second-quarter revenue as it pushes forward generative AI tools
Thomson Reuters Corp. TRI-T +1.74%increase reported higher second-quarter revenue and is sticking to its key financial targets for the year despite a slowing economy that has started to put modest pressure on the […]
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Canadian Natural Resources’ second-quarter profit more than halves on lower energy prices
Canadian Natural Resources Ltd CNQ-T -2.25%decrease on Thursday posted a second-quarter profit that more than halved, as lower energy prices and drop in oil production squeezed the country’s largest oil and gas producer. […]
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Oil settle lower despite record US crude stock drawdown
Oil prices settled down 2% on Wednesday despite a historic drop in U.S. crude stocks, as traders derisk following the downgrade of the U.S. government’s top credit by a major […]
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Nutrien’s woes mount, as fertilizer giant slashes capital expenditures, slashes profit forecast again
Nutrien Ltd. NTR-T +0.86%increase is indefinitely suspending plans to ramp up its potash production, cutting its capital expenditure and reducing its profit forecast yet again, as a prolonged slump in the global fertilizer […]
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George Weston reports $498-million second-quarter profit, lower than year before
George Weston Ltd. WN-T +0.37%increase says its latest quarter delivered a profit attributable to common shareholders of $498-million. The company, which holds large stakes in Loblaw Cos. Ltd. L-T +0.51%increase and Choice Properties Real Estate Investment […]
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(TOY) Spin Master Sees Sales, Earnings Decline In Second Quarter Amid Weaker Order Volume
Spin Master Corp. says it earned US$28 million in the second quarter, down from US$88.1 million a year earlier. The Toronto-based toy and entertainment company says revenue was US$420.7 million, […]