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Business Canada

  • TORONTO _ Canadian Imperial Bank of Commerce on Thursday reported fiscal first-quarter earnings of $1.05 billion. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share. Canadian Imperial Bank shares have increased 12 percent since the beginning of the year.

  • MONTREAL _ Gildan Activewear Inc. on Thursday reported fourth-quarter net income of $74.3 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Four analysts surveyed by Zacks expected $610.7 million.

  • MISSISSAUGA, Ontario _ Cott Corp. on Thursday reported a loss of $78 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. Four analysts surveyed by Zacks expected $899.4 million.

  • OTTAWA, Ontario _ Mitel Networks Corp. on Thursday reported a loss of $209.2 million in its fourth quarter. For the current quarter ending in April, Mitel Networks said it expects revenue in the range of $210 million to $230 million. Mitel Networks shares have increased 6.5 percent since the beginning of the year.

  • TORONTO _ Alamos Gold Inc. on Thursday reported a loss of $20.6 million in its fourth quarter. The Toronto- based company said it had a loss of 8 cents per share. Alamos Gold shares have climbed 17 percent since the beginning of the year.

  • VANCOUVER, British Columbia _ Taseko Mines Ltd. on Wednesday reported fourth-quarter net income of $3.8 million, after reporting a loss in the same period a year earlier. The Vancouver, British Columbia- based company said it had net income of 1 cent per share. For the year, the company reported that its loss narrowed to $23.7 million, or 11 cents per share.

  • TORONTO _ North American Palladium Ltd. on Wednesday reported a loss of $9.7 million in its fourth quarter. The Toronto- based company said it had a loss of 17 cents per share. Keywords: North American Palladium, Earnings Report.

  • TORONTO _ Iamgold Corp. on Wednesday reported a loss of $5.3 million in its fourth quarter. On a per-share basis, the Toronto- based company said it had a loss of 1 cent. For the year, the company reported net income of $52.6 million, or 12 cents per share, swinging to a profit in the period.

  • CALGARY, Alberta _ Western Energy Services Corp. on Wednesday reported a loss of $10.9 million in its fourth quarter. On a per-share basis, the Calgary, Alberta- based company said it had a loss of 15 cents. Keywords: Western Energy Services, Earnings Report.

  • TORONTO _ HudBay Minerals Inc. on Wednesday reported a loss of $47.3 million in its fourth quarter. The Toronto- based company said it had a loss of 20 cents per share. HudBay Minerals shares have risen 46 percent since the beginning of the year.

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • CALGARY, Alberta, Feb 22- U.S. oil major Exxon Mobil Corp has revised down its proved crude reserves by 3.3 billion barrels of oil equivalent as a result of low oil prices throughout 2016, a company filing showed on Wednesday. The de-booking includes the entire 3.5 billion barrels of bitumen reserves at the Kearl oil sands project in northern Alberta, operated by...

  • NEW YORK, Feb 22- U.S. long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. "The minutes are fairly dovish," said Jeff Kravetz, regional investment director at U.S.

  • NEW YORK, Feb 22- U.S. long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. "The minutes are fairly dovish," said Jeff Kravetz, regional investment director at U.S.

  • CALGARY, Alberta, Feb 22- TransCanada Corp said on Wednesday it plans to offer a flat toll on its Mainline system that takes natural gas from western Canada to southern Ontario, three months after shippers balked at the previous varied toll structure that they saw as too high. In Ontario, Canadian shippers face competition from eastern U.S. shale basins like the...

  • CALGARY, Alberta, Feb 22- TransCanada Corp said on Wednesday it plans to offer a flat toll on its Mainline system that takes natural gas from western Canada to southern Ontario, three months after shippers balked at the previous varied toll structure that they saw as too high. In Ontario, Canadian shippers face competition from eastern U.S. shale basins like the...

  • *Listing of Aramco could raise up to $100 billion. Industrial and Commercial Bank of China International Holdings, a wholly-owned Hong Kong- based subsidiary of Industrial and Commercial Bank of China, and China International Capital Corporation are among the Chinese banks pitching for the deal, two other sources familiar with the matter said.

  • VANCOUVER, British Columbia _ Amerigo Resources Ltd. on Wednesday reported fourth-quarter net income of $3 million, after reporting a loss in the same period a year earlier. The Vancouver, British Columbia- based company said it had profit of 2 cents per share. Keywords: Amerigo Resources, Earnings Report.

  • MONTREAL _ 5 N Plus Inc. on Tuesday reported fourth-quarter net income of $158,000, after reporting a loss in the same period a year earlier. The Montreal- based company said it had profit of less than 1 cent on a per-share basis. For the year, the company reported that its loss narrowed to $5.9 million, or 7 cents per share.