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Most actively traded companies on the TSX + MORE Sep 30th
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,725.86, down 28.69 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 12 cents, or 7.14 per cent, to $1.80 on 12.2-million shares. Bombardier has signed previously announced US$.... More »
How do the RRSP contribution carry-forward rules work? + MORE Aug 1st
Ask MoneySense
If I have $25,000 contribution room left in my RRSP, can I take that all at once plus my regular RRSP contribution of $31,560 for the tax year 2024? Effectively making a contribution of $56,560 to my RRSP?—Lorraine
The rules around RRSP contribution room
As soon as a ta.... More »
3 Visual Storytelling Tips to Give Your Online Brand an Edge Apr 30th
Content that includes a visual gets 94% more views than pure text alone. In other words, visual storytelling should be a huge part of your company’s marketing strategy.
But many businesses feel overwhelmed by creating visual assets. It can be intimidating, but these tips will help you out.
Ch.... More »
Pruitt Had a $50-a-Day Condo Linked to Lobbyists. Their Client's Project Got Approved. - New York Times Apr 3rd
New York TimesPruitt Had a $50-a-Day Condo Linked to Lobbyists. Their Client's Project Got Approved.New York TimesWASHINGTON — The Environmental Protection Agency signed off last March on a Canadian energy company's pipeline-expansion plan at the same time that the E.P.A. chief, Scott Pr.... More »
5 Revolutionary FinTech Companies You Need to Watch This Year Feb 20th
The financial technology field is booming, and 2019 will surely be a crucial year. Big developments range from the inception of GDPR to the Brexit brouhaha, from open banking data implementation to the evolution of the blockchain. The changes aren’t stopping as numerous startups are redefining cus.... More »
Rumors of Recession
– online.wsj.com
The overriding economic problem is a lack of business confidence and investment.LinkedIn shares plunge almost 44 per cent
– canadianbusiness.com
SAN FRANCISCO – Investors gave LinkedIn a poor job review Friday in the form of a dramatic sell-off that wiped out nearly $11 billion in the professional networking site’s market value.
A surprise forecast for slower growth this year sent LinkedIn shares into a stomach-turning plunge of almost 44 per cent.
After the market closed Thursday, the online company reported better-than-expected earnings for the last quarter but warned that revenue would fall short of what analysts had projected for 2016. It also said it was discontinuing a new online advertising system that hadn’t worked out.
Several analysts noted that LinkedIn has a track record of issuing conservative forecasts and later beating them, but this time investors were shaken by the company’s financial guidance. The stock closed Friday at $108.38 after its worst slide since LinkedIn went public in 2011.
LinkedIn said it expects revenue of about $3.6 billion to $3.65 billion for this year, while analysts surveyed by FactSet were projecting sales of $3…
A surprise forecast for slower growth this year sent LinkedIn shares into a stomach-turning plunge of almost 44 per cent.
After the market closed Thursday, the online company reported better-than-expected earnings for the last quarter but warned that revenue would fall short of what analysts had projected for 2016. It also said it was discontinuing a new online advertising system that hadn’t worked out.
Several analysts noted that LinkedIn has a track record of issuing conservative forecasts and later beating them, but this time investors were shaken by the company’s financial guidance. The stock closed Friday at $108.38 after its worst slide since LinkedIn went public in 2011.
LinkedIn said it expects revenue of about $3.6 billion to $3.65 billion for this year, while analysts surveyed by FactSet were projecting sales of $3…
Suncor wins over majority of Canadian Oil Sands shareholders
– theglobeandmail.com
Suncor Energy Ltd. said Canadian Oil Sands Ltd. shareholders holding more than two-thirds of the stock tendered their shares in a C$4.3-billion ($3.2-billion) takeover that will make the country’s biggest crude producer also the largest owner of the Syncrude project in northern Alberta
The real estate technique fuelling Vancouver's housing market
– theglobeandmail.com
Middlemen using 'assignment clause' as loophole to maximize profits on houses they are flipping
Cameco posts 4th-quarter loss of $7.5 million
– canadianbusiness.com
SASKATOON – SASKATOON, Saskatchewan (AP) _ Cameco Corp. (CCJ) on Friday reported a fourth-quarter loss of $7.5 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Saskatoon, Saskatchewan-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs, were 28 cents per share.
The uranium producer posted revenue of $730.6 million in the period.
For the year, the company reported profit of $50.9 million, or 13 cents per share. Revenue was reported as $2.16 billion.
Cameco shares have climbed slightly since the beginning of the year. In the final minutes of trading on Friday, shares hit $12.34, a drop of 19 per cent in the last 12 months.
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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 CCJ at http://www.zacks.com/ap/CCJ
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Keywords: Cameco, Earnings Report
The post Cameco posts 4th-quarter loss of $7.5 million appeared first on Canadian Business – Your Source For Business News.
On a per-share basis, the Saskatoon, Saskatchewan-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs, were 28 cents per share.
The uranium producer posted revenue of $730.6 million in the period.
For the year, the company reported profit of $50.9 million, or 13 cents per share. Revenue was reported as $2.16 billion.
Cameco shares have climbed slightly since the beginning of the year. In the final minutes of trading on Friday, shares hit $12.34, a drop of 19 per cent in the last 12 months.
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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 CCJ at http://www.zacks.com/ap/CCJ
_____
Keywords: Cameco, Earnings Report
The post Cameco posts 4th-quarter loss of $7.5 million appeared first on Canadian Business – Your Source For Business News.
