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  • July 31- Canada's Bombardier Inc plans to cut more jobs and halt new hiring to help save costs, it said on Thursday, and added that commercial talks for a Russian assembly plant are ongoing despite sanctions. The European Union, U.S. and Canada have ratchet up sanctions against Russia over the conflict in Ukraine.

  • July 31- Canada's Valeant Pharmaceuticals International Inc, embroiled in a bitter battle to take over Botox-maker Allergan Inc, on Thursday cut its 2014 and 2015 profit forecasts, sending shares 10 percent lower.

  • July 31- Imperial Oil Ltd, Canada's No.2 integrated oil company, reported higher second-quarter revenue, driven by increased bitumen prices and production from its Kearl project in Alberta. The company, 69.6 percent owned by Exxon Mobil Corp, said total revenue and other income rose 26.3 percent to C $10.05 billion in the second quarter ended June 30.

  • July 31- Imperial Oil Ltd, Canada's No.2 integrated oil company, reported higher second-quarter revenue, driven by increased bitumen prices and production. The company, 69.6 percent owned by Exxon Mobil Corp, said total revenue and other income rose 26.3 percent to C $10.05 billion in the second quarter ended June 30.

  • UPDATE 1-Allergan-bidder Valeant cuts 2014 outlook Thursday, 31 Jul 2014 | 7:54 AM ET

    July 31- Canada's Valeant Pharmaceuticals International Inc, embroiled in a bitter battle to take over Botox-maker Allergan Inc, cut its full-year profit and revenue forecasts to reflect the sale of its rights to several skincare products.

  • July 31- Canada's Bombardier Inc reported a slightly higher-than-expected second-quarter profit, boosted by higher sales of planes and trains. Aerospace revenue rose 11.4 percent to $2.51 billion in the quarter, while revenue at its transportation business climbed 9.4 percent to $2.36 billion.

  • Bombardier's revenue rises 10.4 pct Thursday, 31 Jul 2014 | 6:11 AM ET

    July 31- Canada's Bombardier Inc reported higher second-quarter revenue as it sold more trains and planes. Revenue rose 10.4 percent to $4.89 billion. The company's net income fell to $155 million, or 8 cents per share, in the quarter ended June 30, from $180 million, or 10 cents per share, a year earlier.

  • UPDATE 1-Cloud services power OpenText's revenue beat Wednesday, 30 Jul 2014 | 6:34 PM ET

    July 30- Canadian business software maker Open Text Corp reported a better-than-expected 42 percent jump in quarterly revenue, largely driven by higher demand for its cloud services. Open Text, which makes software that helps companies manage documents and workflow, bought privately held cloud services provider GXS Group Inc for $1.17 billion in November.

  • July 30- Canadian business software maker Open Text Corp reported quarterly revenue above analysts' estimates, largely driven by higher demand for its cloud services. The company said it appointed John Doolittle as Chief Financial Officer, effective Sept. 8.

  • TORONTO, July 30- Canada's main stock index had its highest close on record on Wednesday, boosted by positive U.S. economic data and the Federal Reserve's commentary on the outlook for monetary policy.

  • CALGARY, July 30- Penn West Petroleum Ltd said it has uncovered accounting irregularities that misclassified nearly C $300 million in expenses over the last four years, and the Canadian oil producer will restate its results.

  • The company also announced a plan to buy back up to an additional $1 billion in shares through the end of 2015 after completing a $1 billion program announced last October.

  • July 30- Canada's Torstar Corp reported a 7 percent fall in revenue at its media business, which publishes the country's largest daily newspaper, the Toronto Star. Torstar, almost one-quarter owned by Prem Watsa's Fairfax Financial Holdings Ltd, said print advertising revenue was likely to remain under pressure for the rest of the year.

  • Toronto Star publisher Torstar's media sales fall Wednesday, 30 Jul 2014 | 6:57 AM ET

    July 30- Canada's Torstar Corp reported a 7 percent decline in revenue at its media business, which publishes the country's largest daily newspaper, the Toronto Star. Revenue in the media business fell to C $237.3 million as the company continued to struggle with low print advertising sales.

  • July 30- Cenovus Energy Inc, Canada's No.2 independent oil producer, said its second-quarter profit more than tripled, helped by increased production at its Christina Lake oil sands project in northern Alberta.

  • Cenovus' profit triples as oil sands production jumps Wednesday, 30 Jul 2014 | 6:21 AM ET

    July 30- Cenovus Energy Inc, Canada's No.2 independent oil producer, said its second-quarter profit more than tripled, helped by increased production at its Christina Lake oil sands project in northern Alberta.

  • July 29- United States Steel Corp reported a narrower second-quarter loss on Tuesday as steel prices improved, but the impact of bad weather, higher repairs and maintenance costs continued to weigh on earnings. Net loss narrowed to $18 million, or 12 cents a share, in the three months to end-June from $78 million, or 54 cents, a year earlier.

  • CALGARY, Alberta, July 29- Talisman Energy Inc, Canada's fifth-largest independent petroleum producer, declined to offer additional details on its talks with Spain's Repsol SA on Tuesday, after it reported a surprise loss, hurt by lower gas prices in North America and higher royalty payments on production.

  • U.S. Steel loss narrows in second quarter Tuesday, 29 Jul 2014 | 4:20 PM ET

    July 29- United States Steel Corp reported a narrower second-quarter loss on Tuesday as steel prices improved, but the impact of bad weather, higher repairs and maintenance costs continued to weigh on earnings. Net loss narrowed to $18 million, or 12 cents a share, in the three months to end-June from $78 milllion, or 54 cents, a year earlier.

  • "It is a really reassuring sign that BlackBerry is now less focused on firefighting and more focused on identifying and building for the long-term into enterprise services," said CCS Insight analyst Geoff Blaber. Still, BlackBerry shares fell 4 percent to $9.54 on Nasdaq and C $10.45 on the Toronto Stock Exchange.