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Latest News

Facebook shares surge to record high as mobile ads fuel gains

Mark Zuckerberg is staring down naysayers who hammered Facebook Inc.’s stock after its debut two years ago, as shares surged to a record today.

Posted on 7-24-2014 at 10:15 AM

Potash raises profit forecast as fertilizer buyers return

Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer by market value, raised its full-year earnings forecast and said Chinese demand for its namesake crop nutrient...

Posted on 7-24-2014 at 9:33 AM

Repsol income drops less than expectations, profit rises

Repsol SA, the oil producer looking to spend as much as $10 billion US on takeovers, said second quarter-profit dropped after production in Libya was halted because of armed militia...

Posted on 7-24-2014 at 9:33 AM

Rogers says it will focus more on quality as profit slides

Rogers Communications Inc. is forging a path focused more on quality and less on high-volume subscriber sign-ups, according to chief executive Guy Laurence.

Posted on 7-24-2014 at 9:06 AM

Energy Watch: Alberta finances lag energy-focused neighbours, report says

Alberta might be the economic engine of Canada, but a new report says the province sputters when stalked up against North America’s other oil and gas-rich regions.

Posted on 7-24-2014 at 8:45 AM

Loblaw profit beats as Shoppers Drug Mart sales jump

Loblaw Cos Ltd., Canada's largest grocer, reported a 37 percent rise in quarterly revenue, helped by sales from recently acquired Shoppers Drug Mart.

Posted on 7-24-2014 at 8:15 AM

Encana's operating profit misses estimates as gas output falls

Encana Corp., Canada's largest natural-gas producer, posted a steeper-than-expected 31 percent fall in quarterly operating profit, hurt by lower gas production and prices.

Posted on 7-24-2014 at 7:58 AM

Teck profit falls 44% as coal prices remain weak

Canadian diversified miner Teck Resources Ltd reported a 44 percent drop in quarterly earnings, mainly due to “significantly” lower coal prices.

Posted on 7-24-2014 at 7:37 AM

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