Not exact matches
The Denver and Montreal -
based company said its sales fell 4.8
per cent to US$ 2.33 billion in the first quarter compared to the prior
year quarter.
Phoenix, Arizona -
based Freeport said its quarterly profit attributable to common stock was $ 692 million, or 47
cents per share, compared with $ 228 million, or 16
cents a share, a
year earlier.
Henderson -
based contractor Civmec lifted profit to $ S10.4 million ($ A10 million) for the first half of the financial
year, up 59
per cent, on the back of a big surge in revenue.
St. Louis -
based Anheuser - Busch, the largest U.S. brewer, said earlier this month it had cut its water use by 32
per cent in the last five
years by sponsoring preservation initiatives in water basins critical to its breweries, and by installing U.S. Department of Agriculture real - time weather and crop water - use data meters on suppliers» farms.
On Wednesday afternoon, the benchmark U.S. 10 -
year bond was yielding 2.35
per cent, up 15
basis points from before the Fed statement and up sharply from about 1.6
per cent at the beginning of May.
Even before Wednesday's decision, five of the country's largest banks hiked five -
year fixed rates 15
basis points to 5.14
per cent last week.
If the Bank of Canada ultimately raises its benchmark rate by 50
basis points from the start of the
year, that could increase borrowers» monthly payments by approximately 5
per cent, according to Rob McLister, founder of comparison site RateSpy.com.
On an adjusted
basis, Restaurant Brands, which also owns Burger King and Popeyes, says it earned 66
cents per share for the quarter, up from 36
cents per share a
year ago.
That was down from $ 123.3 million or 50
cents per share a
year earlier when the Montreal -
based company recorded a number of favourable non-operating items.
«Compensation went up for every single executive save one on a
year - over-
year basis and shareholders saw an 80
per cent decline.»
On an adjusted
basis to remove one - time items such as the tax charge, Canada's biggest lenders earned roughly $ 11.3 billion, up approximately 12.59
per cent from a
year ago
It also reported a 1.01
per cent postpaid subscriber churn rate, which was a seven -
basis - point increase over the previous
year.
Perth -
based IT firm ASG Group posted a near - 3
per cent fall in first - half profit but maintained its revenue guidance for the full
year.
Welshpool -
based contractor MACA has raised its full -
year net profit by 12
per cent to $ 55.4 million despite weather setbacks during the
year, and increased revenue by 25.2
per cent to $ 595.4 million.
Perth -
based contractor SRG says it expects a 50
per cent uplift in underlying profit before tax for the 2016 financial
year.
Perth -
based Paladin Energy has settled the sale of a 25
per cent stake in its flagship Langer Heinrich uranium mine in Nambia, under a deal originally announced to the market in January this
year.
Perth -
based trucking company CTI Logistics has flagged an 18
per cent slide in half -
year profit on the back of the economic downturn.
Perth -
based Amcom Telecommunications has posted a 16
per cent slide in half -
year profit to $ 9.3 million on the back of a fall in revenue from its IT services business.
Perth -
based engineering and construction contractor Civmec has reported a 29.3
per cent rise in half -
year profit to $ S18.4 million, along with a 97.8
per cent leap in revenue to $ S296.6 million.
Perth -
based private mining contractor Barminco has posted a 30.7
per cent rise in operating profit for the 2016 financial
year, with the company optimistic about prospects in the gold sector for the
year ahead.
Nedlands -
based sandalwood producer TFS Corporation has posted a massive 1,598
per cent surge in half -
year profit to $ 55 million.
Welshpool -
based Maca has posted a slight fall in profit for the financial
year but increased revenue by 1
per cent, despite it being a tough time for contractors and mining services companies in the current market.
Shares in Mungana Gold Mines rose by more than 25
per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $ 15 million acquisition of the Chilagoe
base metal assets from the liquidators of Kagara, originally announced in December last
year.
Nedlands -
based TFS Corporation has achieved a record full -
year profit of $ 82.5 million, up 48
per cent on the back of increased plantation asset ownership.
Excluding items, GE Baker Hughes earned 9
cents per share, beating analysts» estimates by 3
cents, according to Thomson Reuters I / B / E / S. Revenue rose to $ 5.40 billion from $ 5.32 billion on a combined
basis a
year earlier.
He said 68
per cent of Canadian startups have been sold to U.S. companies in the past five
years, citing the sale Halifax -
based GoInstant's to Salesforce.com for $ 70 million in 2012.
Successful diversified Perth -
based miner Straits Resources Ltd is planning to spin - off 40
per cent of its major asset into a new, initially energy -
based clone in Singapore later this
year.
In a market update on Tuesday, the Perth -
based integrated screening and verification company said quarterly revenues lifted to a record $ 3.3 m in the third quarter of this financial
year, up 21
per cent on the same quarter last
year.
Mineral Exploration Tax Credit The Mineral Exploration Tax Credit, set at 15
per cent of specified mineral exploration expenses renounced on a flow - through
basis, is extended by one
year.
Aurora, Ont. -
based Magna, which reports in U.S. currency, said its annual sales increased seven
per cent last
year to $ 38.9 billion.
MONTREAL — CGI Group Inc. still expects that the acquisition of U.K. -
based Logica will deliver a 25 to 30
per cent boost to its earnings next
year as the information technology company «aggressively» pursues cost savings.
The Ottawa -
based online store platform hinted at the potential move after it reported a better - than - expected fourth quarter on Thursday, during which revenue jumped 71
per cent compared with a
year ago.
Cenovus reported fourth - quarter net income of $ 620 million or 50
cents per share on Thursday, well ahead of $ 91 million, or 11
cents per share, in the
year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston -
based ConocoPhillips, last
year.
On an adjusted
basis, Air Canada said it lost $ 52 million or 19
cents per diluted share compared with an adjusted loss of $ 63 million or 23
cents per diluted share a
year ago.
The Montreal -
based carrier was expected to post an adjusted loss of 21
cents per share on $ 2.8 billion of revenues in the quarter, and five
cents on $ 12.1 billion of revenues for the
year, according to analysts polled by Thomson Reuters.
However, on an adjusted
basis, net income was $ 658 million, up $ 97 million or 17
per cent from a
year ago.
On an adjusted
basis, Hydro One says it earned $ 170 million or 28
cents per diluted share, up from $ 128 million or 21
cents per diluted share a
year earlier.
On a same - store
basis, the company said retail sales in the fourth quarter were up 0.3
per cent compared with a
year ago.
The Venice, California -
based firm posted a net loss of $ 385.8 million, or 30
cents per share, compared with $ 2.21 billion, or $ 2.31
per share, a
year earlier.
The Montreal -
based company says it earned 75
cents per share for the period ended Jan. 28, up from 55
cents per share a
year earlier when net profit was $ 42.7 million.
The Montreal -
based grocery company said it earned $ 106.9 million in its latest quarter, down 19.3
per cent from $ 132.4 million a
year ago.
On an adjusted
basis, Shopify says it earned $ 4.2 million or four
cents per share for the quarter, compared with an adjusted loss of $ 3.5 million or four
cents per share in the same quarter last
year.
THE fundamentals of the gold market clearly supported a higher price, this
year and in the future, according to Newmont chairman and CEO Ronald Cambre.The
basis of his argument is that record consumption in 1999 was seven
per cent above the previous...
In the last few
years, PG&E's
base rate went from around 13
cents per kw to around 19
cents.
The Charlotte -
based bank said it earned $ 5.59 billion in the third quarter, or 48
cents per share, compared with $ 4.96 billion, or 41
cents per share, in the same period
year ago.
Based on these developments, we expect Australia's terms of trade to rise by another 5
per cent or so this
year, but to fall gradually thereafter (Graph 9).
One of the many surprising aspects of financial market performance over the past
year has been the weak performance of the US dollar, which has fallen by close to 10
per cent on a trade weighted
basis and by more than 10
per cent against the euro.
The Minneapolis -
based financial services company also announced a dividend of 90
cents per share, an 8 percent increase over the previous quarter and the 11th quarterly dividend increase in the last nine
years.
On a
year - over-
year basis, they are down 5.5
per cent, whereas the November 2011 Update has them increasing by just over 2
per cent.
Consumer prices as measured by the personal consumption expenditures (PCE) price index jumped 2.0
per cent on a
year - on -
year basis last month.