Canadian Tire Corporation Reports Third Quarter Results, Announces 13th Consecutive Year of Annual Dividend Increase and Renewal of Share Repurchase ProgramTHIRD QUARTER HIGHLIGHTSConsolidated retail sales1 were up 2.8%; consolidated comparable sales […]
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Rogers income falls by 24 per cent in first quarter since summer network outage
Rogers income falls by 24 per cent in first quarter since summer network outageRogers Communications Inc.’s RCI-B-T +1.60%increase July network outage weighed on its third-quarter results, but executives called its impact “isolated” amid […]
Manulife core profit hit by declines in wealth & asset management unit
Manulife core profit hit by declines in wealth & asset management unitManulife Financial Corp MNQFF reported a drop in third-quarter profit on Wednesday, as escalating worries of an economic downturn impaired earnings […]
Here’s a rundown of tech companies that have announced layoffs in 2022
Here’s a rundown of tech companies that have announced layoffs in 2022The job cuts in tech land are piling up, as companies that led the 10-year stock bull market adapt […]
Canadian staff among 11,000 laid off worldwide by Facebook owner Meta
Canadian staff among 11,000 laid off worldwide by Facebook owner MetaFacebook owner Meta Platforms Inc. META-Q +7.16%increase began laying off 11,000 people worldwide Wednesday, including in Canada, becoming the latest tech giant to […]
Surprisingly close U.S. midterms keep investors on edge: What market observers are saying
Surprisingly close U.S. midterms keep investors on edge: What market observers are sayingInvestors on Wednesday are grappling with an unclear outcome in the U.S. midterm elections, as a better-than-expected showing […]
Consulting firm CGI reports fourth-quarter profit and revenue up from year ago
Consulting firm CGI reports fourth-quarter profit and revenue up from year agoCGI Inc. GIB-A-T +0.24%increase says it earned a fourth-quarter profit of $362.4-million, up from $345.9-million in the same quarter last year as […]
BMO to take billion-dollar charge after losing Ponzi lawsuit in U.S.
BMO to take billion-dollar charge after losing Ponzi lawsuit in U.S.A jury in a Minnesota bankruptcy court has found the U.S. arm of Bank of Montreal BMO-T -1.16%decrease liable for US$564-million in damages […]
China’s trade unexpectedly shrinks in October as COVID-19 curbs, global slowdown jolt demand
China’s trade unexpectedly shrinks in October as COVID-19 curbs, global slowdown jolt demandChina’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as a perfect […]