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Quebecor reports Q1 profit and revenue up from year ago
MONTREAL — Quebecor Inc. reported its first-quarter profit was up compared with a year ago, helped by strength in its telecommunications business. The company says its net income attributable to shareholders totalled $173.
May 9, 2024 9:58 AM
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Oil executives expect sustained period of strong crude prices, survey shows
CALGARY — A new survey shows nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years.
May 9, 2024 9:52 AM
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Bread loaves recalled in Japan after 'rat remains' were found
TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found.
May 9, 2024 9:50 AM
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WSP Global's acquisition hunt isn't over after ‘consolidation’ phase: CEO
MONTREAL — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.
May 9, 2024 9:38 AM
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S&P/TSX composite up more than 150 points in record-high territory
TORONTO — Canada's main stock index was up more than 150 points, as strength in telecommunication stocks and the base metal sector helped put it into record-high territory in late-morning trading. The S&P/TSX composite index was up 151.
May 9, 2024 9:38 AM
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Shares of MDA Space fall after posting Q1 profit down from year ago
BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.
May 9, 2024 9:24 AM
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Canadian Tire revenue down in first quarter as consumer spending softens
TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.
May 9, 2024 9:09 AM
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Ontario secures more natural gas, battery storage for electricity supply
TORONTO — Ontario's electricity system operator says it has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.
May 9, 2024 9:08 AM
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Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.
May 9, 2024 9:05 AM
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Nutrien CEO encouraged by strong demand and fertilizer market stabilization
SASKATOON — Nutrien’s chief executive says improved mine automation helped the fertilizer giant increase potash production in the first quarter amid strong demand for its products.
May 9, 2024 8:59 AM
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