Category: Uncategorized
Montreal’s WSP Global acquires U.S. consulting firm in $1.78-billion cash deal
WSP Global Inc.WSP-T +1.99%increasehas struck a deal to acquire U.S. consulting firm Power Engineers Inc. as the Canadian engineering giant bulks up its capabilities in the North American energy sector.Montreal-based WSP […] This post is only available to members. If you are already a member then cleck here to Login log in
Sun Life reports net income of $646 million in second quarter
Sun Life Financial Inc. says its net income slipped in the second quarter on a restructuring charge while its adjusted net income rose.The insurer says it had a net income […] This post is only available to members. If you are already a member then cleck here to Login log in
Aug 13: U.S. crude oil falls more than 1% as slowing global demand overshadows Iran-Israel tensions
The U.S. crude oil benchmark fell as an expected attack by Iran on Israel has not materialized. Concerns about the strength of global oil demand are also weighing on the […] This post is only available to members. If you are already a member then cleck here to Login log in
Wholesale inflation measure rose 0.1% in July, less than expected
The producer price index, a measure of wholesale inflation, increased 0.1% on the month, less than 0.2% forecast. PPI excluding food and energy was flat. On a year-over-year basis, headline […] This post is only available to members. If you are already a member then cleck here to Login log in
Aug 12: Oil extends gains for fifth session on Middle East tensions, U.S. data
Oil prices rose for a fifth consecutive session on Monday, extending gains from the previous week’s more than 3 per cent rise, as U.S. recession fears eased and Middle East […] This post is only available to members. If you are already a member then cleck here to Login log in
Canada’s Tourmaline Oil to acquire Crew Energy for $1.3-billion
Canada’s Tourmaline Oil TOU-T +3.04%increase said on Monday it will acquire Crew Energy in a $1.3-billion all-stock deal, which includes debt, to boost its presence in the Montney shale play in Alberta.The shale […] This post is only available to members. If you are already a member then cleck here to Login log in
Barrick Gold reports US$370M Q2 profit, up from US$305M a year ago
Barrick Gold Corp. reported its second-quarter profit rose compared with a year ago, helped by higher gold and copper prices.The miner, which keeps its books in U.S. dollars, says it […] This post is only available to members. If you are already a member then cleck here to Login log in
Rail shutdown possible in two weeks, as lockout warnings follow labour board ruling
Canada’s railways could fully shut down in less than two weeks after the national labour tribunal ruled rail work does not amount to an essential service.In a pair of decisions […] This post is only available to members. If you are already a member then cleck here to Login log in
Calendar: Aug 12 – Aug 16
Monday, Aug 12830 am ET: Canada building permits for June. BMO expects a 10% rise, rebounding from May’s 12.2% decline2 pm ET: U.S. budget balanceEarnings include: Barrick Gold, Sun Life […] This post is only available to members. If you are already a member then cleck here to Login log in