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Fairfax Q1 shareholder net profit plunges, partially due to loss on investments
TORONTO — Fairfax Financial Holdings Ltd. says its net income attributable to shareholders plunged to US$125.5 million in the first quarter, in part due to a loss on investments. The Toronto-based insurance company, which reports in U.S.
Apr 28, 2022 6:25 PM
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Yellen says more shocks likely to 'challenge the economy'
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Thursday the global pandemic and Russia’s invasion of Ukraine highlight the possibility of big economic shocks in the future, adding that downturns are “likely to continue to challenge the econom
Apr 28, 2022 6:18 PM
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Twitter, in possibly last quarterly report, sees user growth
LONDON (AP) — Twitter’s quarterly profit, revenue and the number of daily users on its platform are rising but its quarterly report, released days after agreeing to be sold to billionaire Elon Musk, offered scant details about what it expects on the
Apr 28, 2022 6:18 PM
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West Fraser Q1 profit surges 64% despite significant winter transportation woes
VANCOUVER — West Fraser Timber Co. Ltd. says its net profit soared 64 per cent from a year ago to US$1.09 billion in its latest quarter on higher revenues despite significant transportation and mill challenges in B.C.
Apr 28, 2022 5:53 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,121.06, up 376.83 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $5.07, or 12 per cent, to $47.22 on 24.9 million shares.
Apr 28, 2022 5:20 PM
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S&P/TSX composite has best day of 2022 as energy, tech lead recovery
TORONTO — Strong corporate earnings south of the border lifted the tech sector and propelled Canada's main stock index to bounce back with its best performance of the year.
Apr 28, 2022 4:58 PM
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TFI International more than doubles Q1 profits amid surge in trucking demand
MONTREAL — TFI International Inc. more than doubled its profits in its first quarter as surging demand for consumer items, raw materials and manufacturing components fuels growth across the shipping industry.
Apr 28, 2022 4:56 PM
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Activist investor Elliott Investment Management seeking changes at Suncor Energy
CALGARY — One of North America's most aggressive activist investors has set its sights on Suncor Energy Inc., seeking an overhaul of the company's board and management team, along with the possible sale of Petro-Canada.
Apr 28, 2022 4:39 PM
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Rogers to bring 500 jobs to Calgary with national technology centre
Rogers Communications Inc. said Thursday that it will bring 500 jobs to Calgary with a new national technology centre that it intends to establish following the close of the company's proposed merger with Shaw Communications Inc.
Apr 28, 2022 4:27 PM
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US economy shrinks, threats loom, but growth likely to last
WASHINGTON (AP) — The U.S.
Apr 28, 2022 4:06 PM
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