×

Business Canada

  • TORONTO _ Brookfield Canada Office Properties on Monday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Toronto, said it had funds from operations of $8.3 million, or 32 cents per share, in the period. The real estate investment trust, based in Toronto, posted revenue of $99.1 million in the period.

  • TORONTO _ Barrick Gold Corp. on Monday reported first-quarter net income of $679 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Barrick Gold shares have increased 19 percent since the beginning of the year.

  • *Loonie had hit strongest since April 19 at C $1.3410. colloquially known, settled at C $1.3516 to the greenback, or 73.99 U.S. cents, weaker than Friday's close of C $1.3503, or 73.91 U.S. cents. The Canadian dollar hit C $1.3410, its strongest level since April 19, in morning trade that also included the release of decent domestic data, but faded throughout the...

  • *Index posts its highest close since April 11. TORONTO, April 24- Canada's main stock index rose on Monday to a nearly two-week high, boosted by solid gains for financials as investors cheered French election results that limited the risk of another core member leaving the European Union. The financials group gained 1.5 percent, with Royal Bank of Canada climbing...

  • The world's second-biggest gold producer by market value said adjusted earnings in the first quarter increased 4 percent to $133 million, or 25 cents per diluted share, from the same quarter in 2016.. The Greenwood Village, Colorado- based miner, which has mines in the Americas, Africa and Australia left unchanged its gold production forecast for 2017..

  • MONTREAL _ Canadian National Railway Co. on Monday reported first-quarter earnings of $669.7 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. Seven analysts surveyed by Zacks expected $2.4 billion.

  • LONDON, April 24- U.S. activist investor Elliott Capital Advisors disclosed on Monday it has taken a 6.8 percent stake in WS Atkins after the British engineering and construction consultancy firm agreed to be bought in a C $3.6 billion deal. Shares in Atkins closed on Monday at 2,100 pence, above SNC's offer price of 2,080 pence a share. After SNC made an indicative...

  • CALGARY, Alberta/ TORONTO, April 24- As Cenovus Energy Inc prepares to release first-quarter earnings this week, investors are looking for answers about a recent C $17 billion acquisition that wiped out about a fifth of its market value. Analysts expect Cenovus to post a loss of C $0.09 per share for the January-March quarter, compared with a C $0.14 per share loss a...

  • LONDON, April 24- U.S. activist investor Elliott Capital Advisors disclosed on Monday it has taken a 6.8 percent stake in WS Atkins after the British engineering and construction consultancy firm agreed to be bought in a C $3.6 billion deal. Shares in Atkins last traded on Monday at 2,100 pence a share, above SNC's offer price of 2,080 pence. After SNC made an...

  • The province of Alberta alone has 1.2 million to 1.5 million acres left to harvest, much of it canola and wheat, said government crop specialist Harry Brook. ICE Canada canola futures have gained about 10 percent in the past three weeks. Barrhead, Alberta, farmer Ken Degner can see the reason for rising prices through his window, where 1,350 acres of canola, wheat and...

  • *Canadian dollar at C $1.3456, or 74.32 U.S. cents. *Loonie hits strongest since April 19 at C $1.3410. That reduced the risk of another shock like' Brexit,' Britain's impending exit from the European Union, that could weigh on the global economic outlook.

  • CALGARY, Alberta _ Precision Drilling Corp. on Monday reported a loss of $17.1 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • A traffic intersection in Lucknow, Uttar Pradesh, India.

    Asia's third-largest economy kicked off an international roadshow on Monday for a masala bond sale aimed at upgrading the country's highways.

  • Canada has ambitious trade goals in Asia Pacific

    François-Philippe Champagne, trade minister of Canada, says the country is open for business and up for partnering with Chinese businesses.

  • LOS ANGELES, California- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a question-and-answer session at " Opportunity and Inclusive Growth Institute, TBTF"- 1530 GMT. **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs...

  • **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. WEDNESDAY, APRIL 26 FRANKFURT- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • NEW YORK, April 23- U.S. stock index futures rose sharply on Sunday on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock. Macron will face far-right leader Marine Le Pen in a May 7 runoff and opinion polls on Sunday had him easily winning the final...

  • CALGARY, Alberta, April 23- Canada's Cenovus Energy Inc has said it may sell parts of the Deep Basin natural gas assets it recently bought from Houston- based ConocoPhillips, Royal Bank of Canada analysts wrote in a research note on Sunday. Cenovus Chief Executive Brian Ferguson held a conference call with analysts last Friday, and the oil company "signaled that it...

  • PARIS— The Latest on the first round of France's presidential election:. Emmanuel Macron is celebrating his victory in France's first-round presidential election at a Left Bank eatery frequented by Ernest Hemingway and other artistic dignitaries. Near-complete French presidential election results show that centrist Emmanuel Macron and far-right...

  • PARIS/ PAPEETE, French Polynesia, April 22- French overseas territories and French residents in the United States and Canada began voting on Saturday in France's presidential election, a day before the main first-round of a poll that could change the global political landscape. The first round will send two of 11 candidates into a run-off vote in two weeks' time...