Health insurer WellPoint's 1st quarter profit falls 21 per cent, 2014...
INDIANAPOLIS - WellPoint Inc.'s first-quarter net income fell 21 per cent but topped Wall Street expectations, and the nation's second-largest health insurer once again raised its 2014 forecast.The...
View ArticleLoblaw reports drop in Q1 net earnings on slightly higher revenues
BRAMPTON, Ont. - Loblaw Companies Limited (TSX: L) is increasing its dividend and is reporting adjusted net earnings went up by 3.7 per cent to $139 million in the first quarter.The grocery store giant...
View ArticleEnergizer Holdings to split household products, personal care brands into 2...
ST. LOUIS - Energizer Holdings plans to split into two separate and publicly traded companies, one selling batteries and other household items, the other selling personal care brands such as Schick...
View ArticleTime Warner's 1Q profit rises partly on success of 'The Lego Movie' and HBO's...
NEW YORK, N.Y. - Time Warner's first-quarter net income climbed as revenue grew on the success of properties such as Warner Bros. "The Lego Movie" and the HBO show "True Detective."The performance...
View ArticleBarrick Gold reports big drop in adjusted net earnings due to lower metal prices
TORONTO - Barrick Gold Corp. (TSX:ABX) is reporting a steep drop in its first-quarter adjusted net earnings to $238 million, or 20 cents per share, from $923 million, or 92 per share, in the same...
View ArticleTSX to open little changed amid slew of earnings, positive employment data
TORONTO - The Toronto stock market looked to open little changed as investors considered a variety of earnings reports from the retail, energy and mining sectors.The Canadian dollar slipped 0.07 of a...
View ArticleUS economy slowed to 0.1 per cent growth rate in Q1, weakest in year,...
WASHINGTON - The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The sharp slowdown, while worse than expected, is likely to...
View ArticleQuebec pharmacy chain Jean Coutu posts higher Q4 profit of $57.7 million
MONTREAL - Quebec-based pharmacy Jean Coutu (TSX:PJC.A) is raising its dividend and reporting higher net earnings of $57.7 million in its fourth quarter.Jean Coutu says its quarterly dividend will rise...
View ArticleGeneral Motors April US sales up 6.9 per cent as recalls have little impact
DETROIT - General Motors says its April U.S. sales rose 6.9 per cent as a string of embarrassing recalls had little impact.The Detroit automaker says it sold just over 254,000 cars and trucks for the...
View ArticleUS manufacturing accelerated from March to April, leading factories to step...
WASHINGTON - U.S. manufacturing grew faster in April than in March as exports picked up and factories accelerated hiring.The higher reading adds to other evidence that manufacturers are expanding...
View ArticleMaple Leaf Foods plans to raise prices after virus wipes out millions of pigs
TORONTO - Maple Leaf Foods Inc. (TSX:MFI) said Thursday it will raise prices on its meat products as the company deals with restructuring costs and a virus in the U.S. hog industry.The Toronto-based...
View ArticleFord Canada sales dip but still outpace Chrysler and General Motors in April
TORONTO - Ford Motor Company of Canada Ltd. sold 27,342 vehicles in April, down from a year ago but still enough to best the results from the other big U.S. automakers.Ford said the April sales were...
View ArticleUkraine Crisis: Canada Needs Pipelines, Infrastructure To Profit From...
OTTAWA - Canada has little hope of reaping any kind of energy or resource windfall from the crisis in Ukraine.That message was delivered Thursday to a House of Commons committee in testimony by energy...
View ArticleMining Barrick Gold for Positive Developments
By Thomas Watson When it comes to publicity, Barrick Gold has seen better days. Not long ago, the world's largest gold producer was making headlines for merger talks with Colorado's Newmont Mining. A...
View ArticleRobo-advisors could manage your money for less, but would you trust them?
TORONTO - The future is here, and it includes robots managing your money.Or, to be precise, robo-advisors: Programs that use an algorithm to help you determine what investments are best for you.The...
View ArticleMicrosoft releases security update for Internet Explorer, including for...
LOS ANGELES, Calif. - Microsoft is releasing a security update for Internet Explorer that closes a gap that allowed attackers to take complete control of a computer. It also issued the update to...
View ArticleDutch police hold 31 Greenpeace activists who tried to block Russian Arctic...
AMSTERDAM - Dutch police stormed a Greenpeace ship Thursday and ended environmentalists' attempts to block a Russian tanker carrying oil from the Arctic Ocean from mooring at Rotterdam Port. In all, 31...
View ArticlePlanned New Windsor-Detroit Bridge Under Attack In U.S. Court
WASHINGTON - A planned Canada-U.S. bridge project is under attack in an American courtroom.There's an effort to stall the project from the owners of the rival Ambassador Bridge, the aging structure...
View ArticleNavajo Nation, group founded by governor, actor Robert Redford agree on plan...
FLAGSTAFF, Ariz. - The Navajo Nation and a group founded by former New Mexico Gov. Bill Richardson and actor Robert Redford have agreed on a plan to manage thousands of wild horses on the...
View ArticleKinder Morgan: Oil Spills' Economic Effects Are Both Good And Bad
There is at least something of a bright side to oil spills, pipeline company Kinder Morgan says. In a recent submission to the National Energy Board, the company says marine oil spills “can have both...
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