Kelso Technologies posts loss of $2.3 million in fourth quarter + MORE Mar 29th

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Currencies of China, the United States and Switzerland have outrun the increase in Canadian house prices

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The Canadian dollar was up three-quarters of a cent and stock markets turned around after a speech by Federal Reserve chair Janet Yellen indicated the U.S. central bank will move cautiously on further rate hikes.

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CALGARY – Alberta Finance Minister Joe Ceci says the province will not sign on to a national securities regulator.
He says Alberta’s economy is unique and requires its own regulator.
Ontario, British Columbia, Saskatchewan, New Brunswick, Prince Edward Island and Yukon have all signed on to the proposed national securities regulator.
Quebec also remains opposed and has launched a legal challenge against the proposal.
If implemented, the national body would be expected to help oversee stock markets by policing abuses and securities fraud.
Canada is the only G20 country without a national securities regulator.
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DELTA, B.C. – NORTH DELTA, British Columbia (AP) _ Kelso Technologies Inc. (KIQ) on Tuesday reported a fourth-quarter loss of $2.3 million, after reporting a profit in the same period a year earlier.
The North Delta, British Columbia-based company said it had a loss of 5 cents per share. Losses, adjusted for pretax expenses, came to 2 cents per share.
The railroad equipment supplier posted revenue of $3.1 million in the period.
For the year, the company reported profit of $2.5 million, or 5 cents per share. Revenue was reported as $18.9 million.
The company’s shares closed at 83 cents. A year ago, they were trading at $4.36.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KIQ at http://www.zacks.com/ap/KIQ
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Keywords: Kelso Technologies, Earnings Report
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