GO
Loading...

Canada

More

  • SAN FRANCISCO/ WASHINGTON, March 27- Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual. The Fed has held short-term borrowing costs near zero since December...

  • NEW YORK, March 27- The U.S. dollar edged lower against a basket of major currencies on Friday after traders were reluctant to buy the greenback ahead of U.S. jobs data next week, and after comments from Federal Reserve Chair Janet Yellen. "It turned out to be pretty much a replay" of last week's Fed statement, said Alfonso Esparza, senior currency Strategist at Oanda in...

  • TORONTO, March 27- BlackBerry Ltd posted a surprise quarterly profit on Friday and said it is pushing to end a slide in its revenue in this fiscal year, sending the stock up as much as 5.1 percent. "Chen and his team are one of the better management teams out there," said BGC Partners analyst Colin Gillis. " Waterloo, Ontario- based BlackBerry reported net profit of $28...

  • UPDATE 1-Suicidal pilots hard to spot, say experts Friday, 27 Mar 2015 | 9:27 AM ET

    SINGAPORE/ SYDNEY, March 27- As investigators try to find out why a young German pilot deliberately crashed a passenger jet into the French Alps on Tuesday, pilots and psychologists warn it may be impossible to prevent similar incidents in the future. The International Civil Aviation Organization, which sets global aviation standards, recommends that someone...

  • DUESSELDORF, Germany, March 27- The pilot who crashed a plane in the French Alps had received a sick note from doctors showing he suffered a health condition that would have prevented him flying the day of the crash, which he apparently hid from his employer, German prosecutors said. "Documents with medical contents were confiscated that point towards an existing...

  • BlackBerry beats 4Q profit forecasts Friday, 27 Mar 2015 | 7:57 AM ET

    WATERLOO, Ontario _ BlackBerry Ltd on Friday reported fiscal fourth-quarter profit of $28 million. On a per-share basis, the Waterloo, Ontario- based company said it had net income of 5 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

  • TORONTO, March 27- BlackBerry Ltd posted better-than-expected quarterly earnings on Friday, offering signs its turnaround efforts may be beginning to gain traction, but a larger-than-expected drop in revenue gave investors cause for concern. Waterloo, Ontario- based BlackBerry reported net profit of $28 million, or 5 cents a share, in the fourth quarter ended...

  • BlackBerry tops 4Q profit forecasts Friday, 27 Mar 2015 | 7:18 AM ET

    WATERLOO, Ontario— WATERLOO, Ontario— BlackBerry posted a surprise profit in the fourth quarter, but saw a sharp drop-off in revenue. The Waterloo, Ontario, company earned $28 million, or 5 cents per share. Wall Street expected a loss of 3 cents per share, according to a survey by Zacks Investment Research.

  • BlackBerry reports fiscal fourth-quarter profit Friday, 27 Mar 2015 | 7:12 AM ET

    TORONTO, March 27- BlackBerry Ltd posted a fiscal fourth-quarter profit on Friday, offering some signs its turnaround efforts may be beginning to gain traction. Waterloo, Ontario- based BlackBerry reported a net profit of $28 million, or 5 cents a share, in the quarter ended Feb. 28. That compared with a year-earlier loss of $148 million, or 28 cents a share.

  • MONTABAUR, Germany, March 27- The German pilot believed to have deliberately crashed a plane in the French Alps killing 150 people broke off his training six years ago due to depression and spent over a year in psychiatric treatment, a German newspaper reported on Friday. The story in German tabloid Bild came a day after French prosecutors said they believed...

  • BANGKOK— Thailand is facing bans on new international flights and increased inspections after the International Civil Aviation Organization flagged significant concerns about the country's aviation safety, officials said Friday. Japan has blocked new flights from Thailand following the ICAO decision and South Korea is considering similar measures,...

  • *Market optimistic Portugal will regain investment status. *Fitch to review Portugal credit rating after Europe close. "We could see Portugal moved up to investment grade later today and that could produce a bit of forced buying from index trackers or some accounts may have to up their Portugal exposure.

  • QUEBEC CITY, Quebec, March 26- The Canadian province of Quebec said on Thursday it will balance its books in 2015-16 following six consecutive years of deficits and vowed to continue to control government spending in the years ahead. Quebec Finance Minister Carlos Leitao reiterated his forecast for a deficit of C $2.35 billion in fiscal year 2014-15, ending...

  • NEW YORK— Airline pilots are supposed to be the ones we trust. "In the near term, pilots will be looked at with a bit more suspicion," said former US Airways pilot John M. Cox, now CEO of the consulting firm Safety Operating Systems. Since the Sept. 11 terrorist attacks, aviation security has focused on protecting pilots from passengers— not the other way around.

  • NEW YORK/ LONDON, March 26- Gold pared gains after hitting a 3-1/ 2- week high on Thursday, after a knee-jerk reaction to escalating tensions in the Middle East knocked stocks and drove investors into assets viewed as lower-risk, such as bullion and German bonds. Stock markets worldwide were knocked lower and oil prices jumped after Saudi Arabia and its allies...

  • TORONTO— Canada's transport minister issued an immediate order requiring two crew members to be in the flight deck at all times in the wake of news that a co-pilot of the Germanwings jet barricaded himself in the cockpit and intentionally rammed the plane into the French Alps. Transport Minister Lisa Raitt said Thursday that the government is also reviewing...

  • *Company sees Q1 EPS of $0.31- $0.33 vs analysts' $0.39 view. *It sees FY EPS of $1.85 to $1.90 vs analysts' $2.06 view. March 26- Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below expectations on Thursday, but its shares rose after executives said the weak outlook was largely due to temporary West Coast port delays and currency...

  • *Company sees Q1 EPS of $0.31- $0.33 vs analysts' $0.39 view. *It sees FY EPS of $1.85 to $1.90 vs analysts' $2.06 view. March 26- Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below analysts' expectations, saying it would spend more on innovation to drive sustainable growth.

  • Lake Shore Gold posts 4Q loss Thursday, 26 Mar 2015 | 6:24 AM ET

    TORONTO _ Lake Shore Gold Corp. on Thursday reported a loss of $1.2 million in its fourth quarter. The Toronto- based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, came to 1 cent per share.

  • HONG KONG, March 26- China sent a strong message to the International Monetary Fund this week urging that the yuan be included in its special drawing rights basket, with top officials promising further reforms and striving for full convertibility this year. The yuan's possible inclusion in the basket, an international reserve asset, will greatly enhance...