Wells Fargo profit beats, but shares fall on interest income
Wells Fargo reported stronger-than-expected Q4 profit, but its stock fell as net interest income missed forecasts. The mixed results highlight challenges for major banks.
Category : Search result: corporate profits
Nova Scotia Non-Profits Face Critical Post-Holiday Period
Despite holiday generosity, Nova Scotia charities like Souls Harbour Rescue Mission enter their most challenging season. Learn about the critical need for sustained support in 2026.
AI Spending, Profits, and Fed Rate Cuts Key to 2026 Stocks
Market experts forecast a strong 2026 for equities, driven by corporate AI investment, robust earnings, and anticipated Federal Reserve interest rate reductions. Discover the outlook shaping the investment landscape.
BRP Q3 profits jump 150% as trade uncertainty looms
Ski-Doo maker BRP reports strong Q3 profits of $76.5M, but CEO warns cross-border trade with the U.S. remains a major concern. Read about the company's strategy and outlook.
BMO Beats Earnings Expectations, Raises Dividend
Bank of Montreal surpasses Q4 earnings estimates, driven by wealth management and capital markets. The bank announces a dividend increase to $1.67 per share. Read the full analysis.
Microsoft stock dips on report of lower AI tool demand
Microsoft shares fell after a report indicated lower-than-expected business spending on AI tools, highlighting corporate skepticism about cost savings and accuracy. Read the full analysis.
UPS safety questioned after fatal 2025 plane crash
A lawyer alleges UPS put profits before safety, leading to a crash that killed 14 in Louisville. Get the latest on the investigation and allegations.
Telus Halts Dividend Increases, Focuses on Share Price
Telus Corp. suspends its dividend growth plan, prioritizing share price alignment with growth prospects. The telecom giant expects free cash flow to rise. Full details inside.
Macy's lifts annual targets as turnaround gains traction
Macy's has increased its full-year profit and sales outlook for the second time, signaling a resurgence in consumer demand driven by strategic revitalization efforts. Discover the key figures behind the retailer's recovery.
Costco Sues Over Trump Tariffs for Refund Guarantee
Costco and dozens of other major companies are suing the Trump administration to secure refunds if the Supreme Court strikes down controversial global tariffs. Read the latest on this high-stakes trade battle.
Canada's Wealthiest Families Buy HBC Charter for $18M
The Thomson and Weston families' joint $18 million bid for the historic Hudson's Bay Company Royal Charter goes uncontested. The document will be donated to Canadian museums. Read the full story.
Alectra Celebrates Fifth Year as Top GTA Employer
Alectra Inc. has been recognized as a Greater Toronto Area Top Employer for the fifth consecutive year, highlighting its commitment to employee wellness, community investment, and clean energy innovation.
Starbucks settles NYC labour claims for $35 million
Starbucks agrees to pay approximately $35 million to settle claims it violated New York City labour laws. The settlement resolves allegations of scheduling and pay violations for thousands of workers.
Gildan completes HanesBrands acquisition, doubling size
Montreal-based Gildan Activewear has finalized its acquisition of HanesBrands, effectively doubling the company's scale. The deal marks a major shift in the apparel industry. Read more on the strategic implications.
Péladeau demands board seat at Transat
Quebecor CEO Pierre Karl Péladeau pushes for changes on Transat's board of directors, seeking a seat for himself. Get the latest on this corporate power play.
Péladeau calls for Transat shareholders' meeting
Quebecor CEO Pierre Karl Péladeau has formally requested a shareholders' meeting for Transat A.T. Inc., signaling a potential strategic shift. Explore the implications for Canadian business.
Wood Mackenzie Names New Chief Commercial Officer
Wood Mackenzie, a global energy data leader, appoints Danny Dunn as its new Chief Commercial Officer, bringing over 25 years of tech and data industry experience to drive growth.
US companies move to Canada due to policy shifts
American companies including brewing schools and distilleries are relocating to Canada, driven by US policy changes on visas, trade, and regulations. Discover why Canada is becoming attractive.
MaxWell Realty Signs 10-Year Calgary Soccer Centre Deal
Calgary's original soccer centre gets new identity through 10-year naming rights agreement with MaxWell Realty, generating revenue for facility maintenance.
Armani appoints new board after designer's death
The Armani fashion group has established a new board of directors to steer the company's future following the passing of its legendary founder, Giorgio Armani. Discover the strategic vision.
Boehringer Ingelheim Names New Board Member for IT
Boehringer Ingelheim announces Harsha Deshmukh's appointment to Board of Managing Directors for IT and Global Business Services effective February 2026.
Calgary Council Debates Office Conversion Incentives
Calgary city council debates $200M office conversion program amid criticism it's corporate welfare. Budget 2026 housing initiatives face scrutiny as councillors question developer incentives.
Bitget CMO Details UEX Strategy at Crypto Conference
Bitget CMO Ignacio Aguirre explains the Universal Exchange strategy at Aus Crypto Con 2025 in Sydney, highlighting security and corporate crypto adoption trends.
Shopify lays off staff to keep team focused
Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.
WSIB Moves into New London Headquarters
The Workplace Safety and Insurance Board establishes its new London headquarters at 300 Tartan Drive, marking a significant development for the city's business landscape.
Calian Group Reports $20.6M Q4 Profit, Revenue Up 12%
Calian Group announces strong Q4 results with a $20.6 million profit and 12% revenue growth. Discover the key drivers behind this performance and the company's outlook.
Crypto Hoarders Dump Tokens Amid Market Rout
Companies that hoarded cryptocurrency are now selling their holdings as shares tumble. The $1 trillion market crash exposes flaws in the 'digital asset treasury' model. Read more.
Court expands Evergrande asset freeze on ex-wife's $220M
A Hong Kong court has strengthened an injunction freezing $220M in assets of Evergrande founder's ex-wife across Canada and other jurisdictions, aiding liquidators in the massive corporate collapse.
Barrick Mining Lead Director Ben van Beurden Resigns
Ben van Beurden steps down as lead director of Barrick Gold Corp. Learn about the leadership transition and its implications for Canada's mining sector.
Campbell's VP sued over 'poor people' food comments
A Campbell's VP is accused of trashing the company's food as 's*** for poor people' in a recorded rant. The employee who reported it is now suing for wrongful termination.
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