Profile of The Canadian Press ~ The News

All articles of The Canadian Press ~ The News

• Open Text profits miss analyst estimates
  Total revenue was $285.5 million, compared to $240 a year earlier. The Waterloo, Ont.,-based corporate software producer (TSX:OTC) said its ...
• RIM to help U.K. police after rioters' use of...
  The Waterloo, Ont.-based BlackBerry-maker (TSX:RIM) said it feels for those impacted by the violent riots and has taken steps to help police. "We ...
• CAE posts higher Q2 profits on commercial aerospace
  The Montreal-based company, which has around 325 people in Ottawa, said Wednesday the results were equal to 17 cents a share, meeting analyst ...
• European debt worries to pressure TSX
  The Canadian dollar was down 0.17 of a cent to 100.35 cents US. The Dow Jones industrial futures were down 109 points to 10,616 after the blue ...
• UPDATE: Fresh worries soften TSX
  The S&P/TSX composite index dropped 77.3 points 12,032 and the junior TSX Venture Exchange gained 8.69 points to 1,719.92. "The rally was ...
• UPDATE 2: Markets bounce back, but economic concerns...
  European sovereign debt and the sluggish U.S. economic growth remain the main concerns, as the U.S. Federal Reserve said Tuesday that it will ...
• Apple becomes most valuable U.S. company
  Apple Inc.'s stock gained 3.2 per cent to US$364.60 on Tuesday afternoon, bringing the iPhone and iPad maker's market capitalization to about ...
• Canadian economy faces slowdown: analysts
  After a massive selloff on North American markets Monday and more bad news on the global economy, the analysts said Canada won't be immune from a ...
• TMX Group nets $54.7M in Q2
  The Toronto-based TMX Group said it recorded net income of $54.7 million in the second quarter of 2011 and per share earnings of 73 cents as the ...
• Markets aim higher on strong U.S. job data
  The U.S. Labour Department's non-farm payrolls report said employment rose by 117,000 in July, higher than the approximately 80,000 jobs that ...
• TSX falls 436 points; world stocks plunge
  The S&P/TSX composite index plunged 435.89 points to 12,380.13, its biggest one-day decline since late June, 2009, while the TSX Venture ...
• Air Canada fined for 'deceptive' price advertising
  "When passengers buy an airline ticket, they have a right to know how much they will have to pay," U.S. Transportation Secretary Ray LaHood ...
• BCE profits slip to $590M in Q2
  The Montreal-based telecommunications company said net profit was $590 million, or 76 cents per share, down from $605 million or 80 cents in the ...
• Air Canada reports net loss of $46M
  The airline reported a loss per diluted share of 17 cents for the three months, compared to a net loss of $318 million, or 20 cents per share, in ...
• WestJet Q2 profit soars almost 275%
  "We saw improvements in our key operational metrics this quarter and also kept our controllable costs in check, which contributed to our strong ...
• Falling commodities to pressure TSX
  Falling oil prices helped push the Canadian dollar down 0.98 of a cent to 102.91 cents US. The loonie was also caught up in a move by the Bank of ...
• Mergers, takeovers strongest since credit crisis: PwC
  The consulting firm said the majority of the 836 deals in the quarter worth a total of US$57 billion were in the materials, energy, and financial ...
• Dundee REIT Q2 profits double to $78.3M
  The Toronto-based commercial property owner said that's an increase from $32.9 million in the comparable period a year ago. Revenue amounted to ...
• Chrysler, Ford post record Canadian July sales
  Ford Canada, the top-selling automaker in Canada, reported its best July in 32 years, with car and truck sales edging up one per cent over the ...
• Canadian Tire gets Foranzi purchase clearance
  The retailer said Wednesday it has received a letter in which the Competition Bureau states it does not intend to take any action related to the ...
• Maple Group extends $3.8B TMX takeover offer
  Maple Group Acquisition Corp. said Wednesday that during the extension period it intends to continue to work on obtaining required regulatory ...
• TSX trends lower on U.S. economic worries
  The Canadian dollar was little changed, up 0.07 of a cent to 104.21 cents US. New York markets headed for a slightly higher open ahead of ...
• Com Dev proceeds with $14M satellite pact
  The southwestern Ontario-based maker of satellite hardware, which has 75 people in Ottawa, said that the initial value of the contract with an ...
• TSX heads for negative open on U.S. worries
  The Canadian dollar was down 0.38 of a cent to 104.28 cents US. U.S. futures also pointed to a negative start to the session with the Dow Jones ...
• UPDATE: Recovery for economy fragile, GDP shows:...
  Statistics Canada reported Friday the economy shrank by 0.3 per cent in May, the second consecutive month without growth, with slumps in mining ...
• U.S. debt wrangling to depress TSX
  The Canadian dollar was up 0.06 of a cent to 105.16 cents US ahead of the latest read on economic growth. Statistics Canada was expected to ...
• Canadian economy to slow as U.S. cuts spending:...
  The U.S. government's need to cut spending by between US$2 trillion and US$4 trillion over a decade would delay its recovery and drag down ...
• TSX to head higher following string of losses
  The Canadian dollar was up 0.03 of a cent to 105.42 cents US after a late day surge in strength in the greenback and sliding oil prices pushed ...
• TSX to open flat on U.S. debt concerns
  The Canadian dollar was little changed against the greenback, up 0.01 of a cent to 106.08 cents US. U.S. futures also pointed to a weak ...
• CGI Group says U.S. contracts being held up by...
  The Montreal company, which bought Stanley Inc. last August for US$1 billion to increase its access to the American defence, intelligence ...