West Texas Intermediate has bounced back after crude inventories fell for the sixth week in a row. The oil market is now waiting to see whether Iran will follow through […]
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Drop in U.S. weekly unemployment claims calms market fears
The number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the labour market was unravelling and reinforcing that a gradual softening remains […]
Canadian Tire Corporation Reports Second Quarter 2024 Results
SECOND QUARTER HIGHLIGHTSConsolidated comparable sales were down 4.6%. The consumer demand environment remained challenging, compounded by cold and wet weather, contributing to sales declines in all regions outside Atlantic Canada.CTR comparable […]
Tim Hortons parent company Restaurant Brands Q2 profit and revenue up from year ago
Restaurant Brands International Inc. reported its second-quarter profit and revenue rose compared with a year ago.The parent company of Tim Hortons and other restaurants, which keeps its books in U.S. […]
Telus Corp. reports Q2 net income up from year ago
Telus Corp. says its net income attributable to common shares came in at $228 million in its second quarter, 14 per cent higher compared with the same time last year.The […]
Manulife reports second-quarter net income of $1.04 billion
Manulife Financial Corp. says earnings were fairly flat in the second quarter as better market performance was offset by a sizable loss on a sale of debt instruments.The insurer says […]
Nutrien: Q2 Earnings Snapshot
Nutrien Ltd. (NTR) on Wednesday reported second-quarter profit of $385 million.The Saskatoon, Saskatchewan-based company said it had profit of 78 cents per share. Earnings, adjusted for asset impairment costs and […]
Shopify douses investor skepticism with solid quarter, shares jump 18 per cent
Shopify Inc. SHOP-T +17.85%increase reported earnings and guidance Wednesday that doused skepticism about its revenue and profit growth at a time of heightened macroeconomic uncertainty, driving the stock to one of its best […]
Shopify Announces Second-Quarter 2024 Financial Results
Revenue up 21%, and up 25% Adjusting for the Sale of Our Logistics Businesses;Gross Profit up 25% Year Over Year;Free Cash Flow Margin More Than Doubled Year Over Year to […]