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National Business
National Business
TMX Group earns $139.5 million in first quarter as revenues rise
TORONTO — TMX Group Inc. says it earned $139.5 million in its first quarter, up from $89 million a year earlier. The operator of the Toronto Stock Exchange says its revenues totalled $345.9 million in the quarter ended March 31, up from $299.
May 2, 2024 5:46 PM
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Financial, technology risks likely delayed Alberta carbon capture project: analysts
EDMONTON — A corporate decision to mothball Canada's largest carbon capture and storage plan is likely the result of financial uncertainty and technological risks, analysts suggest. Capital Power's decision not to pursue its $2.
May 2, 2024 5:32 PM
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Open Text Corp. earns US$98.3 million in third quarter as revenues rise 16 per cent
WATERLOO, ONT. — Open Text Corp. says it earned US$98.3 million, up from US$57.6 million a year earlier. The Waterloo, Ont.-based software company says its revenues totalled US$1.4 billion, up 16 per cent from US$1.
May 2, 2024 5:25 PM
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NFI Group shrinks net loss in Q1 as revenues rise to US$722.7 million
WINNIPEG — NFI Group Inc. reported a net loss of US$9.4 million in its first quarter, compared with a net loss of US$46 million a year earlier.
May 2, 2024 5:24 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 (21,823.22, up 94.67 points): Enbridge Inc. (TSX:ENB). Energy. Up 84 cents, or 1.72 per cent, to $49.83 on 11.0 million shares.
May 2, 2024 5:02 PM
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S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs report
TORONTO — Canada's main stock index gained almost 100 points Thursday, helped by gains in industrial and utilities stocks,while U.S. stock markets also rose.
May 2, 2024 4:43 PM
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Maple Leaf Foods swings back to Q1 profit as pork markets show signs of improvement
MISSISSAUGA, Ont. — Pork markets are showing signs of improvement, said Maple Leaf Foods Inc. chief executive Curtis Frank, helping the company achieve a profit in its first quarter compared with a year ago even as sales edged lower.
May 2, 2024 4:36 PM
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Air Canada pins hopes on business travellers after profits fall
MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.
May 2, 2024 4:26 PM
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Retailer Aritzia's Q4 net income fell by 35%, net revenue up 7%
VANCOUVER — Aritzia Inc. says its net income fell 35 per cent in its fourth quarter as its revenue grew. The Vancouver-based retailer says its net income for the period ended March 3 totalled $24.2 million compared with $37.3 million a year ago.
May 2, 2024 4:24 PM
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Stock market today: Wall Street climbs to trim its loss for the week
NEW YORK (AP) — U.S. stocks closed higher and trimmed their losses for the week. The S&P 500 climbed 0.9% Thursday, a day after swinging sharply when the Federal Reserve said it’s likely delaying cuts to interest rates.
May 2, 2024 4:07 PM
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