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SNC-Lavalin : News

SNC-Lavalin slashes 4,000 jobs, lowers forecast for this year

Engineering and construction firm SNC-Lavalin Group Inc cut its full-year earnings forecast as it reported a third-quarter profit on Thursday, citing weakness in its mining business and other...

Posted on 11-06-2014 at 8:18 AM
Tags: SNC-Lavalin

SNC-Lavalin chief warns criminal charges could force closing or sale

The head of Canadian engineering giant SNC-Lavalin Group Inc. says any move by authorities to charge the company in connection with an extensive bribery scandal would immediately threaten its future...

Posted on 10-08-2014 at 8:00 AM
Tags: SNC-Lavalin

SNC Lavalin, dogged by old projects, misses profit estimates in second-quarter

SNC-Lavalin Group Inc., Canada’s largest engineering and construction firm, on Friday reported a return to profit in the second quarter that fell sharply below analysts' expectations as problematic,...

Posted on 8-08-2014 at 11:36 AM
Tags: SNC-Lavalin

SNC set to sell 407 stake after Buffett deal

SNC-Lavalin Group Inc. is poised to unload its stake in the 407 toll road, a sale that would raise as much as $3 billion ($2.8 billion) as the company returns to its roots in construction and...

Posted on 7-31-2014 at 12:08 PM
Tags: SNC-Lavalin

Buffett’s Berkshire wins Canadian approval for AltaLink purchase

Berkshire Hathaway Inc.’s (BRK.B-N) energy unit won Canadian approval for its planned purchase of SNC- Lavalin Group Inc.’s (SNC.TO) AltaLink electric transmission business after committing to...

Posted on 7-26-2014 at 2:32 AM
Tags: Berkshire Hathaway, SNC-Lavalin
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