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TD warns the majority of Canadian oil production is bleeding cash
It’s a dire portrait of Canada’s energy landscape. TD Securities says up to 80 percent of oil output in this country can’t generate positive cash flow at current prices.
Posted on 2-09-2016 at 11:48 AM
Coca-Cola tops profit estimates
Coca-Cola Co reported a better-than-expected quarterly profit, helped by aggressive cost-cutting and lower commodity costs.
Posted on 2-09-2016 at 11:26 AM
Star Wars drives Cineplex to record annual earnings
The latest instalment in the “Star Wars” saga helped propel Cineplex to its best-ever annual and fourth-quarter financial results.
Posted on 2-09-2016 at 10:30 AM
Agrium full-year outlook falls short of forecasts
Agrium Inc., a Canadian fertilizer and farm products retailer, forecast lower-than-expected profit for 2016, blaming weak prices.
Posted on 2-09-2016 at 9:24 AM
Canadian energy companies sell assets to keep oil sands afloat
Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects.
Posted on 2-09-2016 at 9:06 AM
Most investors taking a wait-and-see approach to market volatility: Poll
Falling stock markets have not changed how most Canadian investors view their portfolios, a CIBC poll suggests.
Posted on 2-09-2016 at 8:29 AM
Glut of global crude to balloon further in 2016: IEA
The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said.
Posted on 2-09-2016 at 7:31 AM
Fortis shakes off low loonie with a US$6.9B stateside power play
For all the predictions that the beaten-up loonie would spur a wave of foreign takeovers in Canada, St. John’s-based utility company Fortis is defying the prognosticators with a power play south of the border.
Posted on 2-09-2016 at 7:14 AM

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