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  • CHESTER HILL, Pa.— A Canadian company that provides natural gas drillers with hydraulic fracturing and other services has laid off 60 workers at its central Pennsylvania operation. The Centre Daily Times reports the layoffs leave Calfrac Well Services with about 10 employees who will maintain its equipment, facility and to support the company's sales.

  • July 23- Two North American land drilling-rig operators- Patterson-UTI Energy Inc and Precision Drilling Corp- issued positive outlooks on Thursday, highlighting the competitive advantage of drillers using newer, high-tech rigs. Snyder, Texas- based Patterson-UTI said its margins were improving and its U.S. rig count was stabilizing, while Calgary- based...

  • Rogers Communication tops 2Q revenue forecasts Thursday, 23 Jul 2015 | 6:54 AM ET

    TORONTO _ Rogers Communication Inc. on Thursday reported second-quarter earnings of $295.3 million. Three analysts surveyed by Zacks expected $2.67 billion. Rogers Communication shares have declined 14 percent since the beginning of the year.

  • July 23- Canadian miner Teck Resources Ltd reported a 21 percent fall in quarterly profit and cut its 2015 coal production forecast due to falling demand from China and increased supply from Australia. Net profit attributable to shareholders fell to C $63 million, or 11 Canadian cents per share, for the quarter, from C $80 million, or 14 Canadian cents per share, a...

  • Valeant 2Q results beat estimates sending stock up Thursday, 23 Jul 2015 | 6:27 AM ET

    LAVAL, Quebec— Valeant Pharmaceuticals turned in quarterly results that topped analysts' estimates on Thursday, as adjusted earnings and sales climbed. The company now expects earnings in the range of $11.50 to $11.80 per share in 2015, with revenue ranging from $10.7 billion to $11.1 billion. A sharp rise in interest expenses led Valeant Pharmaceuticals...

  • Precision Drilling reports 2Q loss Thursday, 23 Jul 2015 | 6:09 AM ET

    CALGARY, Alberta _ Precision Drilling Corp. on Thursday reported a loss of $24.2 million in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. Precision Drilling shares have decreased 15 percent since the beginning of the year.

  • Teck Resources beats 2Q profit forecasts Thursday, 23 Jul 2015 | 5:15 AM ET

    VANCOUVER, British Columbia _ Teck Resources Ltd. on Thursday reported second-quarter earnings of $51.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. Teck Resources shares have fallen 42 percent since the beginning of the year.

  • July 23- Teck Resources Ltd, the largest producer of steel-making coal in North America, reported a 21 percent fall in quarterly profit, hurt by lower commodity prices. Net profit attributable to shareholders fell to C $63 million, or 11 Canadian cents per share, for the second quarter ended June 30, from C $80 million, or 14 Canadian cents per share, a year earlier.

  • *Corn has fallen for 4 out of 5 days due to ideal US weather. SINGAPORE, July 23- Chicago corn lost more ground on Thursday, falling for the fourth out of five sessions, and was trading near a three-week low as benign weather across the U.S. "Corn crops in most places will benefit from the rain but some soggy locations in the east that need to dry out will be further delayed...

  • GATINEAU, Quebec, July 22- Canada's telecommunications regulator decided on Wednesday that the country's biggest providers must share their' last mile' fiber-optic connections, a move cheered by smaller rivals currently only granted access to the large companies' older infrastructure. The decision will affect big phone companies such as BCE Inc more than...

  • FORT MCMURRAY, Alberta, July 22- Infrastructure at the site in northern Alberta of one of the biggest oil-related pipeline spills ever on North American soil was installed on a "tight schedule", according to the firm that developed some of the pipeline's safety technology. The engineering firm, French-based ITP Interpipe, said in a June 2014 presentation to the...

  • Consolidated all-in sustaining costs per ounce are now expected to be between $920 and $980 in 2015, down from an earlier forecast of $960 to $1,020, and seen holding relatively steady at between $900 and $1,000 in 2017.. Newmont said adjusted net earnings rose to $131 million, or 26 cents a share, in the quarter to end-June from $101 million, or 20 cents a share, in...

  • GATINEAU, Quebec, July 22- Canada's telecommunications regulator decided on Wednesday that the country's biggest providers will have to share their fiber-optic network connections, a boost to smaller rivals that are currently only allowed to use the large companies' older infrastructure. The decision is seen affecting big phone companies- principally BCE...

  • FORT MCMURRAY, Alberta, July 22- Finding the root cause of the oil-sands pipeline leak discovered earlier this month in northern Alberta, one of the biggest oil-related spills on land ever in North America, will likely take months, a senior Nexen Energy executive said on Wednesday. Nexen, a subsidiary of China's CNOOC Ltd, is putting a higher priority on cleaning up...

  • WATERLOO, Ontario— BlackBerry Ltd. has signed a deal to buy California- based software company AtHoc, which develops emergency alert systems for government agencies, military bodies, and other organizations. Financial terms of the deal were not released. BlackBerry said Wednesday that the AtHoc platform will be integrated with its enterprise portfolio.

  • Canadian dollar drops to lowest level since 2004 Wednesday, 22 Jul 2015 | 1:28 PM ET

    The loonie was down 0.53 cents at 76.70 U.S. cents— its lowest level since September 2004. Oil prices dropped below the US $50 mark in trading Wednesday, settling at US $49.19, while gold lost US $12 to fall to $1,091.50 an ounce. Compounding the loonie's weakness was a decision by the Bank of Canada to cut its key interest rate last week.

  • TORONTO, July 22- BlackBerry Ltd said on Wednesday it is buying privately-held AtHoc, a provider of secure, networked crisis communications, as it moves to broaden its software offering and generate revenue from its BBM messaging service. San Mateo, California- based AtHoc's services are used by a number of top clients including the U.S. Department of Defense,...

  • STRATHMORE, Alberta, July 21- Spring wheat crops in southeastern Alberta looked short and thin, showing more damage from hot, dry weather than expected by scouts on a crop tour Tuesday. A tour organized by CWB Market Research Services, formerly the Canadian Wheat Board, includes 20 scouts traveling three routes across Alberta, Saskatchewan and Manitoba from...

  • TORONTO, July 21- Infidelity website AshleyMadison.com, which has been struggling to launch a London IPO, can kiss goodbye plans for a listing this year, banking sources said on Tuesday, as hackers threatened to publish names and salacious details about its clients unless the website shuts itself down. The website's Canadian parent hoped to raise up to $200...

  • One in five Ottawa residents allegedly subscribed to adulterers' website Ashley Madison, making one of the world's coldest capitals among the hottest for extra-marital hookups- and the most vulnerable to a breach of privacy after hackers targeted the site. "Everybody says Ottawa is a sleepy town and here we are with 200,000 people running around on each other,"...