Skip to content

National Business

Cascades reports $57M Q4 loss compared with $27M loss a year earlier

Cascades reports $57M Q4 loss compared with $27M loss a year earlier

KINGSEY FALLS, Que. — Cascades Inc. reported a loss of $57 million in its latest quarter compared with a loss of $27 million a year earlier.
Chord Energy signs stock-and-cash deal worth about US$3.8B to buy Enerplus

Chord Energy signs stock-and-cash deal worth about US$3.8B to buy Enerplus

CALGARY — Enerplus Corp. has signed a deal to be acquired by U.S. company Chord Energy Corp. in a stock-and-cash deal worth about US$3.8 billion.
Quebecor reports Q4 profit and revenue up, raises quarterly dividend

Quebecor reports Q4 profit and revenue up, raises quarterly dividend

MONTREAL — Quebecor Inc. raised its quarterly dividend as it reported its fourth-quarter profit and revenue rose compared with a year ago. The company says it will pay a quarterly dividend of 32.5 cents per share, up from 30 cents.
Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high

Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high

Japan’s benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2%.
Nutrien earnings decline on weaker sales prices

Nutrien earnings decline on weaker sales prices

SASKATOON — Fertilizer giant Nutrien Inc. says it earned US$176 million, or 35 cents per diluted share in the fourth quarter of 2023 — down from US$1.12 billion in the same period of 2022. The Saskatoon-based company, which reports in U.S.
Suncor breaks oilsands record, but adjusted earnings fall on weaker oil prices

Suncor breaks oilsands record, but adjusted earnings fall on weaker oil prices

CALGARY — Suncor Energy Inc. says it earned $2.82 billion in the fourth quarter of 2023, up from $2.74 billion in the same period of 2022. The Calgary-based oil company says its net earnings for the three months ended Dec. 31 work out to $2.
First Quantum launches US$1B bought deal as Panama closure pushes miner to the brink

First Quantum launches US$1B bought deal as Panama closure pushes miner to the brink

TORONTO — First Quantum Minerals Ltd.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,172.38, up 45.15 points): Manulife Financial Corp. (TSX:MFC). Finance. Down 58 cents, or 1.76 per cent, to $32.41 on 10.
Nvidia's 4Q revenue, profit soar thanks to demand for its chips used for artificial intelligence

Nvidia's 4Q revenue, profit soar thanks to demand for its chips used for artificial intelligence

SANTA CLARA, Calif. (AP) — Nvidia Corp.
TSX falls Wednesday, Dow and S&P 500 erase losses ahead of Nvidia earnings

TSX falls Wednesday, Dow and S&P 500 erase losses ahead of Nvidia earnings

TORONTO — Canada's main stock index moved lower Wednesday, as weakness in financial and tech stocks helped outweigh strength in energy, while U.S.