) rose in response to the late Monday announcement of the sale of its non-core assets in southwest Saskatchewan and southeast Saskatchewan to
The move came alongside the late Monday release of its first-quarter results, which saw adjusted earnings per share slid 6 per cent year-over-year to 84 cents, which was a penny below the Street’s expectation. The result was down from a profit of $426-million or $3.01 per diluted share in the same quarter last year.On an adjusted basis, George Weston says it earned $2.30 per diluted share, up from an $1.99 per diluted share in the same quarter last year.) saw gains ahead of a virtual event on Tuesday where it is expected to show new iPad models, some of which could come with a new chip aimed at speeding up artificial intelligence tasks carried out on the devices.
For now, many AI features - such as helping zoom in on a user during a video call and slightly altering the look of their eyes to make it look as though they are looking directly into the camera - are not likely to inspire a wave of upgrades, according to some analysts. Instacart said there would be a new tab on its app that would allow customers to choose from a selection of nearby restaurants, browse menus, place orders and track deliveries in real time.) soared after CNBC reported a number of private equity firms have been considering a buyout as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses, CNBC reported on Tuesday.
Dwindling demand for its stationary bikes and treadmills despite price cuts led to Peloton reporting a smaller-than-expected revenue for the third quarter and trimming its full-year forecast.) was lower after it reported a first-quarter profit of $17.5-million, down from $18.7-million a year earlier, as its revenue rose four per cent.
“Overall, we view the event as neutral,” said ATB Capital Markets analyst Patrick O’Rourke in a note. “Q1/24 bitumen production of 104.1 mbbl/d was slightly below ATB estimate of 104.7 mbbl/d and in-line with consensus of 104.3 mbbl/d. Production was down 3 per cent year-over-year and 5 per cent quarter-over-quarter due to cold weather impacts, the timing of new wells coming onstream, and facility maintenance activities, while the Company’s SOR rose to 2.37 . Total blend sales of 152.
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