Business News
Petro-Canada increases quarterly dividend by 54 per cent to 20 cents per share
CALGARY - Petro-Canada (TSX:PCA) increased its quarterly dividend on Wednesday from 13 cents to 20 cents per share. The increased dividend will be payable on Oct. 1 to shareholders of record at the...
Japan trade surplus tumbles 88.9 per cent in June as imports grew
TOKYO - Japan's trade surplus fell 88.9 per cent in June from a year earlier as imports grew amid soaring prices for oil prices and other commodities, the government announced Thursday. The Finance...
Toymaker Mattel could seek US$1.6 billion in Bratz case, court documents say
LOS ANGELES - The maker of Bratz dolls has asked a judge to block testimony from an expert witness expected to claim Mattel Inc. is owed some US$1.6 billion in lost profits and other damages from the ...
Fording Canadian Coal Trust reports Q2 profit of $373M, up from $117M a year ago
CALGARY - Fording Canadian Coal Trust (TSX:FDG.UN) said Wednesday it earned a second-quarter profit of $373 million, up from $117 million a year ago, as higher coal prices more than offset strength in...
Ainsworth Lumber reports Q2 loss of $34.2M compared with profit a year ago
VANCOUVER - Ainsworth Lumber Co. Ltd. (TSX:ANS), which is undergoing a restructuring, said Wednesday it lost $34.2 million in its most recent quarter compared with a profit a year ago as revenue fell ...
PepsiCo second-quarter profit rises nine per cent, helped by snack business
NEW YORK - American consumers shying away from bottled water and soft drinks hurt PepsiCo's bottom line, but growth in its international and Frito-Lay snack businesses was strong enough to lead the co...
Armoured vehicles lift General Dynamics second-quarter profit
WASHINGTON - Feeding the Pentagon's demand for armoured vehicles helped drive up General Dynamics Corp.'s second-quarter profit by 25 per cent, lifting shares of the defence contractor, which also rai...
Fraud fears lead WestJet to suspend credit-card check-ins at kiosks
TORONTO - Fears of fraud have prompted WestJet (TSX:WJA) to stop letting its passengers use credit cards at self-serve check-in kiosks at airports across the country, the Calgary-based airline announc...
Husky Energy's Q2 earnings jump 89 per cent to $1.36 billion
CALGARY - Husky Energy Inc.'s (TSX:HSE) second-quarter earnings rose 89 per cent to $1.36 billion on higher sales and strong commodity prices. The Calgary-based energy company said its earnings amo...
Teck Cominco posts Q2 profit of $497M on strong copper and coal sales
VANCOUVER - Teck Cominco Ltd. (TSX:TCK.B) reported net earnings of $497 million in the second quarter, up from $485 million last year on strong copper and coal sales. The Vancouver-based miner said...
Lottery results for Wed, Jul 23
