Franco-Nevada Corp. (FNV) on Tuesday reported second-quarter earnings of $79.5 million.On a per-share basis, the Toronto-based company said it had profit of 41 cents. Earnings, adjusted for non-recurring costs, came […]
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US: Annual inflation rate slows to 2.9% in July, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table […]
CAE profits fall as supply-chain headwinds persist
CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints.The flight simulator maker says net income attributable to shareholders fell […]
METRO REPORTS 2024 THIRD QUARTER RESULTS
2024 THIRD QUARTER HIGHLIGHTS Sales of $6,651.8 million, up 3.5% Food same-store sales(1) up 2.4% Pharmacy same-store sales(1) up 5.2% Net earnings of $296.2 million, down 14.6%, and adjusted net earnings(1) of $305.0 million, down 3.1% Fully […]
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 […]
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 […]
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 […]
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 […]
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 […]