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Wes Mills, Chief Investment Officer, Scotia Asset Management play

Imperial Oil profit sinks 21%

Imperial Oil Ltd, Canada's No. 2 oil producer and refiner, reported a 21-percent fall in first-quarter profit due to lower crude prices and increased refinery maintenance.
Reuters
Posted on 4-25-2013 at 9:57 AM
Marzio Pozzuoli, Founder and Former CEO, Ruggedcomplay

Spain joblessness soars to 27.2%

Unemployment in Spain jumped to a record 27.2 percent, data showed on Thursday, fuelling a European debate over whether to ditch austerity policies and switch to reviving economic growth.
Paul Day and Sarah White, Reuters
Posted on 4-25-2013 at 9:44 AM
3M cuts outlook on slipping demand, forex

3M cuts outlook on slipping demand, forex

Diversified U.S. manufacturer 3M Co. slashed its 2013 profit forecast on Thursday, saying weakening demand and foreign currency fluctuations hurt results more than expected.
Ernest Scheyder, Reuters
Posted on 4-25-2013 at 9:39 AM
Dow Chemical tops estimates on farm products jump

Dow Chemical tops estimates on farm products jump

Dow Chemical Co.'s first-quarter earnings beat analysts' estimates, helped by higher demand for its seeds and crop-protection chemicals in the Americas.
Garima Goel, Reuters
Posted on 4-25-2013 at 9:20 AM
Exxon profit edges up to $9.5B

Exxon profit edges up to $9.5B

Exxon Mobil Corp.'s quarterly profit edged up, as the world's largest publicly traded oil company's results were helped by higher earnings in its chemicals business.
Reuters
Posted on 4-25-2013 at 8:28 AM
Jeffrey Kauffman, Managing Director for Transportation Research with Sterne Ageeplay

Strong post-holiday season boosts UPS profit

United Parcel Service Inc., the world's largest package-delivery company, reported a quarterly profit above analysts' estimates, buoyed by a stronger-than-expected post-holiday season in...
Sagarika Jaisinghani, Reuters
Posted on 4-25-2013 at 8:23 AM
Gilad Alper, analyst, Excellence Nessuah Brokerage play

PotashCorp abandons pursuit of Israel’s ICL

Potash Corp. of Saskatchewan Inc. has ended a six-month courtship of Israel Chemicals Ltd. amid political opposition to its plan to take majority control of the world's fifth-largest...
Pav Jordan, The Globe and Mail
Posted on 4-25-2013 at 8:02 AM
Kevin Neveu, President and CEO, Precision Drilling Corp.play

Precision expects U.S. rig demand to stabilize

.Precision Drilling Corp., Canada's largest oil and gas drilling contractor, reported a 16-percent decline in first-quarter earnings, as depressed natural gas prices prompted customers to...
Shounak Dasgupta, Reuters
Posted on 4-25-2013 at 2:47 PM
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