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Most actively traded companies on the TSX + MORE Apr 19th
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,867.28, up 147.46 points):
Teck Resources Ltd. (TSX:TCK.B). Miner. Up $1.04, or 8.46 per cent, to $13.34 on 12.7 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up $1.20, or 15.73 .... More »
Canadian Natural Resources blames NDP for financial loss + MORE Aug 6th
A prominent Alberta oil and gas company is blaming the provincial NDP government for a loss this quarter, saying its tax hike is the reason why it was not able to post a profit..... More »
Board of Angie’s List rejects $512 million takeover deal from IAC/InterActiveCorp + MORE Nov 17th
NEW YORK, N.Y. – Angie’s List says that its board has rejected a $512 million takeover deal from Internet company IAC/InterActiveCorp.
Shares of Angie’s List fell sharply before the stock market opened Tuesday.
The home services review site said last week’s deal “dramat.... More »
Deficit soars to $78.3 billion as Carney budget bets big on 'investment' spending while slashing public service Nov 5th
Carney’s minority government stakes its survival on the plan that books more than $141 billion in new federal spending over the next five years..... More »
How to make the most of your compensation Jun 19th
How much money do you make? Many people zero in on their paycheques when considering their compensation. Yet experts say workers should regularly check that they’re taking advantage of vacation time and other benefits, lest they leave money on the table.
Employees often receive other cons.... More »
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Agrium reports 26% decline in Q3 net profit; raises quarterly dividend 4%
– canadianbusiness.com
CALGARY – Agrium Inc. (TSX:AGU) is increasing its quarterly dividend four per cent despite reporting a 26 per cent decline in third-quarter net earnings.
The Calgary-based global producer and marketer of fertilizer says net earnings fell to US$50 million or 35 cents per diluted share from US$76 million or 52 cents per share in the comparable 2013 period
Revenue rose four per cent to US$2.92 billion from $2.796 billion.
The latest results included pre-tax share-based payments expenses and net losses on foreign exchange and derivative positions of US$31 million, as well as a one-time recognition of a previously unrecognized tax benefit of $29-million.
Agrium’s 2014 third quarter net earnings from continuing operations were US$91 million or 63 cents per diluted per share, up from $80-million 54 cents in the same 2013 quarter.
“Agrium’s business once again proved resilient delivering solid results this quarter despite challenging agricultural market conditions,” president and CEO Chuck Magro said, noting that “near perfect growing conditions across the U…
The Calgary-based global producer and marketer of fertilizer says net earnings fell to US$50 million or 35 cents per diluted share from US$76 million or 52 cents per share in the comparable 2013 period
Revenue rose four per cent to US$2.92 billion from $2.796 billion.
The latest results included pre-tax share-based payments expenses and net losses on foreign exchange and derivative positions of US$31 million, as well as a one-time recognition of a previously unrecognized tax benefit of $29-million.
Agrium’s 2014 third quarter net earnings from continuing operations were US$91 million or 63 cents per diluted per share, up from $80-million 54 cents in the same 2013 quarter.
“Agrium’s business once again proved resilient delivering solid results this quarter despite challenging agricultural market conditions,” president and CEO Chuck Magro said, noting that “near perfect growing conditions across the U…
Luxury automaker BMW sees net profit ease 1.2 per cent in Q3, affirms outlook
– canadianbusiness.com
FRANKFURT – Germany’s luxury automaker BMW AG saw net profit slip 1.2 per cent in the third quarter as the bottom line was hurt by non-cash losses on foreign currency hedges and the reduced value of a stake in a key supplier.
The company otherwise had a good quarter, helped by surging sales of the company’s big, expensive X5 sport-utility made in Spartanburg, South Carolina. Other measures of earnings rose and the company on Tuesday affirmed its forecast for increased profits this year.
Its shares rose 0.8 per cent to 84.55 euros.
Net profit of 1.31 billion euros ($1.64 billion) for the third quarter ending Sept. 30 fell short of analyst expectations for 1.36 billion euros, as compiled by financial information company FactSet.
But operating earnings — which exclude financial items like the stake revaluation and the currency hedges — rose 9.7 per cent, excluding interest and taxes. Revenues rose 4.5 per cent to 19.6 billion, as the company sold 509,669 cars worldwide, an increase of 5…
The company otherwise had a good quarter, helped by surging sales of the company’s big, expensive X5 sport-utility made in Spartanburg, South Carolina. Other measures of earnings rose and the company on Tuesday affirmed its forecast for increased profits this year.
Its shares rose 0.8 per cent to 84.55 euros.
Net profit of 1.31 billion euros ($1.64 billion) for the third quarter ending Sept. 30 fell short of analyst expectations for 1.36 billion euros, as compiled by financial information company FactSet.
But operating earnings — which exclude financial items like the stake revaluation and the currency hedges — rose 9.7 per cent, excluding interest and taxes. Revenues rose 4.5 per cent to 19.6 billion, as the company sold 509,669 cars worldwide, an increase of 5…
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Japanese telecom Softbank’s July-September profit jumps despite costs for Sprint layoffs
– canadianbusiness.com
TOKYO – Softbank’s quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint.
The Japanese telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of 483.1 billion yen ($4.3 billion), up from 165.8 billion yen a year earlier. Quarterly sales surged 23 per cent to 2.11 trillion yen ($18.7 billion).
Softbank, the first to sell the iPhone in Japan, has widespread global investments including Chinese e-commerce company Alibaba, which listed in New York earlier this year after a record-busting stock sale. Softbank said it gained 599 billion yen ($5 billion) from the listing.
One sore spot is Sprint, which Softbank bought a majority stake in earlier this year. It said costs from layoffs at Sprint will total 17 billion yen ($150 million). Sprint is eliminating 2,000 jobs, or about 5 per cent of its staff, to cut $1.5 billion in annual spending.
Overland Park, Kansas-based Sprint, which announced a separate round of job cuts in early October, reported a $765 million loss for the quarter…
The Japanese telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of 483.1 billion yen ($4.3 billion), up from 165.8 billion yen a year earlier. Quarterly sales surged 23 per cent to 2.11 trillion yen ($18.7 billion).
Softbank, the first to sell the iPhone in Japan, has widespread global investments including Chinese e-commerce company Alibaba, which listed in New York earlier this year after a record-busting stock sale. Softbank said it gained 599 billion yen ($5 billion) from the listing.
One sore spot is Sprint, which Softbank bought a majority stake in earlier this year. It said costs from layoffs at Sprint will total 17 billion yen ($150 million). Sprint is eliminating 2,000 jobs, or about 5 per cent of its staff, to cut $1.5 billion in annual spending.
Overland Park, Kansas-based Sprint, which announced a separate round of job cuts in early October, reported a $765 million loss for the quarter…
