HIGHLIGHTSThird quarter cash flow(1)(2) of $878.5 million ($2.55 per diluted share(3)). Generated Q3 free cash flow(4) (“FCF“) of $332.3 million ($0.96 per diluted share) enabling the Company to declare a special dividend of $1.00 per common share paid on November 1, […]
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BCE reports Q3 profit down from a year ago, operating revenue edged higher
BCE Inc. reported its third-quarter profit fell compared with a year ago as its revenue edged higher.The parent company of Bell Canada says it earned a profit attributable to common […]
Parkland Corp.’s third-quarter earnings double on strong refinery performance
Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company’s ongoing efforts to optimize its Burnaby refinery.The Calgary-based company […]
IGM FINANCIAL REPORTS THIRD QUARTER EARNINGS
IGM HighlightsNet earnings of $209.8 million or 88 cents per share compared to $216.1 million or 91 cents per share in 2022. Assets under management and advisement of $253.4 billion, down 3.0% from the prior quarter and up 6.4% from the third […]
At midday: TSX set for biggest daily gain in a year on earnings boost
North American main stock indexes rallied on Thursday on hopes that the U.S. Federal Reserve had reached the end of its tightening campaign, while a raft of upbeat corporate updates […]
Thomson Reuters reports higher third-quarter revenue, readies new AI tools
Thomson Reuters Corp.TRI-T +2.02%increaseTRI-T +2.02%increase reported higher third-quarter revenue and kept its key financial targets for the year steady as the information and software provider prepares to roll out new artificial-intelligence tools in […]
Nutrien misses quarterly profit estimates as potash prices plummet
Nutrien NTR-T +0.78%increase fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer.Potash prices have been falling after shipments from Belarus and […]
Oil Futures Fail To Hold Gains, Settle Moderately Lower
Published: 11/1/2023 3:19 PM ETOil futures failed to hold early gains and settled lower on Wednesday, weighed down by concerns that higher borrowing costs will likely hurt growth and the outlook […]
Canadian Market Settles Higher For 3rd Straight Day; TSX Gains 1.1%
Published: 11/1/2023 4:34 PM ETThe Canadian market ended on a firm note on Wednesday, rising for a third straight session, as some strong earnings updates helped underpin sentiment.In addition to tracking […]