Whole Foods’ shares fall on disappointing 1Q profit, sales + MORE Feb 12th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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30 days - 1.50% + MORE May 12th

This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
NEW YORK, N.Y. – CBS Corp. reported fourth-quarter earnings and revenue growth that beat Wall Street expectations as advertising revenue was flat but content licensing grew thanks to the sale of shows such as “Hawaii Five-O” for domestic reruns.
Net income in the three months through Dec. 31 rose to $470 million, or 76 cents per share, from $393 million, or 60 cents per share, a year earlier.
Excluding restructuring charges, adjusted earnings came to 78 cents per share, beating the 76 cents expected by analysts polled by FactSet.
Revenue grew 6 per cent to $3.91 billion from $3.7 billion a year earlier, and topped the $3.82 billion analysts expected.
CBS said it plan to finish the spinoff of its outdoor billboard business by the end of March.
Shares rose $2.05, or 3.3 per cent, to $63.90 in after-hours trading.
The post CBS 4th-quarter earnings, revenue beat Wall Street expectations on TV show sales appeared first on Canadian Business.

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Air Canada shares hit turbulence on Wednesday after its earnings missed analysts’ forecasts because of a weaker Canadian dollar.

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NEW YORK, N.Y. – Shares of Whole Foods Market Inc. dropped in after-hours trading Wednesday after the grocery chain reported fiscal first-quarter profits and revenue fell below analysts’ forecasts. The Austin, Texas-based grocery chain, known for its organic and natural food offerings, also lowered its earnings projections for the year and pared down its top end of its full-year revenue guidance.
The latest results show that Whole Foods is facing an increasingly competitive landscape. The chain had been able to boost sales in large part because of its healthy product selection fits with Americans’ changing eating habits. But more mainstream players like Kroger Co. are increasingly tapping into that trend as well, and rolling out more products or sections labels as natural or organic.
That has put more pressure on Whole Foods to be more competitive with prices. The chain, which operates 373 stores, has battled a perception among shoppers that its food is pricey.
The chain earned a profit of $158 million, or 42 cents per share, in the quarter that ended on Jan…

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5.5 year – 2.77%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-25. Click on the link above to get more details or apply online.

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Mining giant to generate ‘meaningful value’ from its assets by enabling LNG Canada to share the deep-water port

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