Category : Search result: corporate profit


BCE Q3 Profit Boosted by MLSE Stake Sale

Bell Canada's parent company BCE saw significant profit growth in Q3 2023, largely driven by the strategic sale of its minority stake in Maple Leaf Sports & Entertainment.

Tesla Vote: Musk's $56B Pay Package Decision

Tesla shareholders face a monumental decision on Elon Musk's unprecedented $56 billion compensation package that could create the world's first trillionaire or trigger his departure from the electric vehicle giant.

Canadian Executives Divided Over Budget 2025 Impact

New survey reveals Canadian business leaders are deeply divided over the federal government's Budget 2025, with opinions split on competitiveness, investment climate, and economic direction.

Chocolate Profits Melt Under Cocoa Price Surge

Global chocolate giant Barry Callebaut reports significant profit decline as cocoa prices reach unprecedented highs, forcing industry-wide price adjustments and innovation.

Maple Leaf Foods Q3 Profit Hits $43.1M

Canadian food giant Maple Leaf Foods reports robust third-quarter earnings with profit hitting $43.1 million and sales climbing 8% year-over-year, signaling strong consumer demand despite market challenges.

American Airlines Cuts Management at Texas HQ

American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.

Kimberly-Clark Buys Kenvue in $32B Deal

In a landmark move shaking up the consumer products industry, Kimberly-Clark completes acquisition of Kenvue, forming a powerhouse expected to generate $32 billion in annual revenue.

Jamie Dimon: The Wall Street Conqueror

Discover how Jamie Dimon transformed JPMorgan Chase into a global banking powerhouse and became Wall Street's most influential CEO through crisis leadership and strategic vision.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Leadership Drives Profit: The Untold Business Connection

Discover how effective leadership directly impacts company performance and profitability, with expert insights from employment lawyer Howard Levitt on what separates successful organizations from struggling ones.

Meta's $10 Billion Bond Sale: Strategic Financing Move

Meta Platforms Inc. makes waves in corporate finance with a stunning $10 billion bond offering, signaling aggressive growth plans despite market volatility. Discover what this means for investors and the tech landscape.

Ignoring Indigenous Consultation Derails Business Projects

New KPMG research shows Canadian businesses face significant project delays and financial risks when failing to conduct proper Indigenous consultations. Discover why corporate Canada is waking up to this critical issue.

Parex Resources Proposes GeoPark Acquisition

Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.

Paramount Cuts 2,000 Jobs After Skydance Merger

In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.

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