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SNC 2015 forecast misses estimates on construction, water units
Adjusted profit in 2015 will range from $1.30 ($1.05 US) a share to $1.60, Montreal-based SNC said Thursday in a statement. That compares with the $2.24 average forecast in a Bloomberg survey of 10 analysts.
Posted on 3-05-2015 at 9:55 AM
Half of Canadians plan to delay major purchases: Nanos/CTV News poll
Approximately half of Canadians plan to delay major purchases in the near future, according to a new Nanos/CTV News poll.
Posted on 3-05-2015 at 8:35 AM
ECB to launch trillion dollar bond-buying plan next week
The bank said it will start its new government bond-buying program on March 9, hoping that pumping new cash into the sagging euro zone economy will boost growth and lift inflation.
Posted on 3-05-2015 at 8:14 AM
Job quality in Canada declining on all fronts, CIBC index shows
The findings may confirm what many Canadians already sense: that the country’s jobs market is not as robust as it once was.
Posted on 3-05-2015 at 7:52 AM
Speculation situation: Volatility draws billions into oil ETFs
Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards.
Posted on 3-05-2015 at 7:43 AM
China signals "new normal" with higher spending, lower growth target
China plans to run its biggest budget deficit in 2015 since the global financial crisis, stepping up spending as Premier Li Keqiang signalled that the lowest rate of growth in a quarter of a century is the "new normal" for the world's No.2 economy.
Posted on 3-05-2015 at 7:35 AM
Costco profit advances as revenue growth outpaces Wal-Mart
Sales at Costco stores open a year or more increased 8 percent in the quarter, excluding changes in gasoline prices and foreign-currency exchange rates. In its most recent quarter, Wal-Mart reported a 1.5 percent increase in U.S. same-store sales, while Target posted a 3.2 percent gain.
Posted on 3-05-2015 at 7:20 AM
Canadian Natural boosts dividend on quarterly profit increase
While other oil producers have cut or eliminated dividends in the wake of a falling prices, Canadian Natural increased its investor payout to 23 cents a share from 22.5 cents.
Posted on 3-05-2015 at 7:19 AM

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