We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bullish on MSC Industrial Direct Co. Inc.A technical look at the stock
Source: globeandmail - 🏆 5. / 92 Read more »
Quebecor Inc. Reports Boost in Earnings Following Freedom Mobile AcquisitionQuebecor Inc. has announced a significant increase in earnings after acquiring Freedom Mobile, adding over 1.8 million customers. The company reported a 10% rise in net income and a 25% jump in revenues in the second quarter. Quebecor's entry into the national wireless market through the purchase of Freedom Mobile has positioned it as Canada's fourth national wireless provider.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Zach Curry's Top Picks: Tourmaline Oil Corp., Constellation Software Inc., and Bank of America Corp.Zach Curry, director and portfolio manager at Greenrock Capital Partners, shares his top picks in the Canadian energy, software, and banking sectors. Tourmaline Oil Corp. is the largest natural gas producer in Canada, Constellation Software Inc. acquires and grows businesses in niche markets, and Bank of America Corp. is a leading American bank.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Martinrea International Inc. Reports Record Revenue and Earnings in Q2 2023Martinrea International Inc., a parts supplier based in Vaughan, Ontario, achieved record revenue and adjusted earnings in the second quarter of 2023. The company's sales reached $1.36 billion, up from $1.11 billion in the same quarter of 2022. Adjusted net earnings nearly doubled to 62 cents per share. The CEO, Pat D'Eramo, stated that these strong results indicate ongoing improvement in the auto sector. The company attributed the revenue and earnings gains to a less volatile production environment and positive commercial settlements with its customers. D'Eramo also highlighted the importance of regular negotiations with automakers to ensure fair part prices amidst fluctuating input costs and high inflation rates.
Source: AutoNewsCanada - 🏆 77. / 51 Read more »
Conair Group Inc. Purchases Seven Dash 8-400 Aircraft for Aerial Firefighting FleetAbbotsford-based Conair Group Inc. has acquired seven Dash 8-400 aircraft to modernize its aerial firefighting fleet. The planes will be converted into airtankers specifically used for firefighting over the next two years. This purchase aims to address the limited supply of modern airtankers and support countries in adapting to the changing wildfire environment.
Source: PGCitizen - 🏆 65. / 51 Read more »
Algoma Steel Group Inc. Exceeds Projections in First Quarter ResultsAlgoma Steel Group Inc. announced first-quarter results that surpassed expectations, with consolidated revenue of $827.2 million. Despite a decrease from the previous year, CEO Michael Garcia expressed satisfaction with the company's performance. Additionally, progress on the electric arc furnaces (EAFs) project remains on track, with commissioning expected by the end of 2024. The project has received a cumulative investment of $341 million, funded through various sources including existing cash, project loans, and expected cash flows.
Source: SooToday - 🏆 8. / 85 Read more »