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SNC-Lavalin's revenue falls 16 per cent on weakness in its engineering and construction division

Canada’s SNC-Lavalin Group Inc reported a 16.4 per cent fall in quarterly revenue on Thursday due to weakness in its engineering and construction business.

The company’s net income attributable to shareholders fell to $1.6 million, or 1 Canadian cent per share, in the fourth quarter ended Dec. 36 more words


Today we have identified five TSX stocks that analysts expect will grow their earnings-per-share (EPS) this year, which also pay a sizeable dividend to help protect against some potential downside. 25 more words


Hudson's Bay cuts revenue forecast citing challenging U.S., Europe environments

Jan 9 (Reuters) — Hudson’s Bay Co, the owner of U.S. luxury retail chain Saks Fifth Avenue, cut its full-year revenue forecast for the second time, citing a challenging retail environment in the United States and Europe. 137 more words


Thomson Reuters to cut 2,000 jobs; profit tops estimates

Thomson Reuters Corp third-quarter earnings beat analyst expectations on Tuesday and the company said it would cut jobs worldwide, taking a fourth-quarter charge of $200 million to $250 million to streamline its business. 420 more words


Varcoe: Oilpatch warily eyes future having survived worst of storm

Canada’s oil industry would like to turn the page on this year as quickly as possible, but it’s still stuck sailing through a turbulent time. 814 more words


Big oil’s half-time report: recovery is still some way off

Business is still looking pretty bleak for major oil companies halfway through their third-quarter earnings season.

Of the four companies to report so far — Statoil ASA, Eni SpA, Total SA and ConocoPhillips — three posted a net loss and two of those did much worse than analysts were expecting. 666 more words


HBC loss widens in Q2 on real estate joint ventures but retailer boosts operating profit

TORONTO — Hudson’s Bay Co. posted a net loss of $142 million in the second quarter amid increased costs from its real estate joint ventures. 619 more words

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