Walmart CEO Doug McMillon Retiring in January
Walmart announces CEO Doug McMillon's retirement in January 2026, with U.S. operations chief John Furner set to take leadership. Learn about this major corporate transition.
Category : Search result: corporate profit
George Weston posts $477M Q3 profit, revenue up 5%
George Weston Ltd. reports strong Q3 2025 results with a $477 million profit and nearly 5% revenue growth. Discover the key drivers behind this performance and what's next for the Canadian retail giant.
Saskatchewan's Tax Reform Opportunity in Canada
Saskatchewan could pioneer innovative corporate tax reforms while federal government avoids substantive changes. Researcher Ty Thiessen explains this economic opportunity.
Why Manufacturing Tax Incentives Don't Work in Canada
Economist Jack Mintz argues Canada's 50-year experiment with manufacturing tax preferences has failed. True economic growth requires market-driven productivity improvements, not government favoritism.
Thai Conglomerate GULF Achieves 'A' Credit Rating
Thailand's Gulf Development Public Company Limited (GULF) secures an 'A' corporate credit rating with stable outlook from Japan Credit Rating Agency, reflecting strong financial health.
Cenovus finalizes MEG Energy takeover deal
Cenovus Energy has officially completed its acquisition of MEG Energy, marking the end of a lengthy takeover process. The deal strengthens Canada's energy sector consolidation.
Hydro One Q3 profit up, CEO returns from leave
Hydro One reports increased Q3 2025 profits as CEO David Lebeter returns from compassionate care leave. Get the latest financial results from Ontario's energy provider.
Brookfield Q3 Profit Rises as Business Diversification Pays Off
Brookfield Corporation announces significant Q3 profit growth with increased shareholder returns. Discover how their global investment strategy continues to deliver strong financial performance.
Manulife reports $1.8B in Q3 earnings
Manulife Financial announced $1.8 billion in Q3 2025 earnings, a slight decrease year-over-year. Discover the key figures and what this means for Canada's insurance giant.
AtkinsRéalis Q3 profit and revenue increase year-over-year
Engineering services firm AtkinsRéalis reports significant Q3 growth with both profit and revenue up from previous year. Discover the factors driving this performance.
Cisco Shares Climb on Strong AI-Fuelled Demand
Cisco shares surge as the company reports robust demand for its AI-powered networking equipment, signaling a major shift in corporate infrastructure spending. Discover the details behind this tech rally.
Linamar Q3 profit hits $169.2M, up from previous year
Canadian auto parts manufacturer Linamar posts impressive Q3 earnings of $169.2 million, showing significant growth compared to last year's performance. Learn more about their financial success.
Boyd Group Q3 Profit Jumps to US$10.8M
The Boyd Group reports a significant Q3 profit increase to US$10.8 million, up from US$2.9 million a year ago. Discover the key factors behind this automotive repair leader's strong performance.
Baytex Energy sells Eagle Ford operations for $3.25B
Calgary's Baytex Energy is divesting its U.S. Eagle Ford operations in a major $3.25 billion deal, reshaping its North American portfolio. Discover the strategic implications for Canada's energy sector.
New CAE chief focuses on cost control over expansion
CAE's new leadership shifts strategy from aggressive expansion to cost containment. Learn how this Montreal-based company plans to streamline operations and improve financial performance.
Martinrea Reports $35.8M Q3 Profit, Up From Last Year
Canadian auto parts manufacturer Martinrea posts $35.8M Q3 profit, showing significant growth from previous year. Woodbridge plant continues supplying North American auto industry.
Loblaw Q3 profit and revenue up year-over-year
Loblaw Companies Ltd. reports increased Q3 profit and revenue, demonstrating resilience in Canada's competitive grocery and drugstore retail sector. Learn how the retail giant is navigating economic pressures.
Sonder declares bankruptcy, evicts Montreal guests
Sonder Holdings files for bankruptcy protection, forcing immediate evictions from Montreal apartment-hotels. Hundreds of travelers left scrambling for accommodations.
Novo Resources Releases Updated Investor Presentation
Novo Resources Corp. has released an updated corporate presentation detailing its 2025 exploration milestones and strategic priorities for gold and copper projects in Australia.
Edmonton bakery creates sweet winter clothing drive
Duchess Bake Shop partners with youth non-profit for creative winter clothing donation campaign. Edmontonians can exchange coats for gingerbread treats this holiday season.
CAE posts $110.6M loss, announces major restructuring
Montreal's CAE Inc. reports a $110.6 million quarterly loss and unveils a $100 million restructuring plan focused on streamlining operations and leadership under new CEO.
Cirque du Soleil appoints Mark Cornell as CEO
Cirque du Soleil announces Mark Cornell as its new President and CEO, marking a new chapter for the iconic Montreal-based entertainment giant. Discover the latest leadership change.
AI Spending Fears Hit Big Tech Bond Market
Investor anxiety over massive AI infrastructure spending by tech giants spills into bond markets, driving up debt costs. Get the latest analysis on this market shift.
IKEA Canada profit rises despite budget-conscious shoppers
IKEA's largest retailer reports increased profits while adapting to cost-conscious Canadian consumers. Learn how the furniture giant is navigating economic pressures.
MEG Energy reports $159M Q3 profit, down from 2024
Canadian oilsands producer MEG Energy reports $159 million in Q3 2025 profit, reflecting year-over-year decline amid changing market conditions. Learn how Alberta's energy sector is adapting.
Tesla investors approve Musk's $878 billion pay package
Tesla shareholders have approved Elon Musk's massive $878 billion compensation package. Chair Robyn Denholm thanks investors for their support in this landmark decision for the electric vehicle giant.
Tesla shareholders approve Musk's $87.8B pay plan
Tesla investors have overwhelmingly approved Elon Musk's massive pay package, valued at approximately US$87.8 billion, in a landmark shareholder vote that could reshape the company's future leadership.
Tesla investors approve Musk's $87.8B pay package
Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package while also greenlighting the company's move to Texas in a decisive victory for the controversial CEO.
TC Energy Q3 Profit Dips to $841M, Revenue Rises
Canadian energy giant TC Energy reports mixed Q3 2023 results with profit declining to $841 million while revenue surges to $3.94 billion. Discover how major projects and strategic moves are shaping the company's future.
Notified Boosts News Integrity with Identity Verification in Canada
Notified introduces mandatory identity verification for all GlobeNewswire press releases in Canada, combating misinformation and enhancing news credibility for journalists and the public.
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