Published: 5/10/2024 After opening higher and holding in positive territory till late morning, Canadian stocks retreated on Friday to eventually end the day’s session on a weak note.Investors largely made their […]
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Enbridge Q1 profit down on non-cash, net unrealized derivative fair value loss
Enbridge Inc. reported its first-quarter profit fell compared with a year ago as it recorded a non-cash, net unrealized derivative fair value loss as well as costs related to job […]
Canada adds 90,000 jobs in April, beating expectations, as unemployment rate holds steady
The Canadian labour market rebounded in April by adding a whopping number of new positions, a result that potentially muddies the picture as the Bank of Canada considers whether to […]
Brookfield Corp. reports Q1 distributable earnings up, US$150B in deployable capital
Brookfield Corp. reported distributable earnings of US$1.22 billion for the first quarter, up from $1.16 billion in the same quarter last year, as weakness in its asset management arm was […]
Pembina Pipeline Corp. sees earnings rise to $439 million in first quarter
Pembina Pipeline Corp. says it earned $439 million in the first quarter, up from $369 million a year earlier.The Calgary-based company says its revenue for the quarter ended March 31 […]
Sun Life reports first-quarter net income of $875 million
Sun Life Financial Inc. says it had a net income of $875 million in its first quarter, a two per cent decline from last year.The insurer says profits were affected […]
RB Global reports first quarter 2024 results
First Quarter Financial Highlights1,2,3:GTV increased 115% year-over-year to $4.1 billion, which includes $2.3 billion from IAA. Total revenue increased 108% year-over-year to $1.1 billion, which includes $588.6 million from IAA.Service revenue increased 147% year-over-year to $849.1 million, which includes $516.9 […]
Telus reports Q1 profit down from year ago, raises quarterly dividend
Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago.The telecommunications company says it will now make a quarterly payment to shareholders […]
Canadian Tire reports Q1 profit up from year ago, revenue down
Canadian Tire Corp. Ltd. reported its first-quarter profit rose compared with a year ago as its revenue fell about five per cent.The retailer says its net income attributable to shareholders […]