8 h. ago Walmart’s Tepid Outlook Stirs Concern For Retail Earnings Ahead

An uncertain outlook from Walmart Inc. is putting investors on high alert ahead of earnings from other retailers, casting a pall over the economically sensitive sector.

Culture

17 h. ago That time Knowlton Nash was the most famous news anchor in Canada

Knowlton Nash, a name synonymous with Canadian journalism, dedicated his life to shaping the world of news broadcasting. For a decade, he stood at the helm of CBC Television's flagship news program, The National, and gained a place in the hearts of many Canadians from coast to coast.His steady voice, warm demeanour, and signature oversized glasses earned him a reputation as a trusted figure in Canadian journalism, and his career, which spanned multiple decades, was marked by groundbreaking moments and high-stakes stories.Born Cyril Knowlton Nash in Toronto on Nov. 18, 1927, he was named after his father. At the age of five, Nash decided that he preferred to be known as Knowlton. At just eight years old, Nash sold his first newspaper and began producing his own newssheet.His fascination with news continued to grow, and by the age of 10, he had already released multiple editions of his own weekly newspaper, which he sold for less than a nickel.Nash took his first professional step int...

Other

27 h. ago Someone called police to Toronto airport for passengers losing it over cancelled flights

Toronto Pearson International Airport devolved into mayhem this week, somehow less so because of the Delta plane crash that saw an aircraft unbelievably flip over and burst into flames on the runway, and more so because of resulting flight cancellations and irate passengers.The hub was left operating in a limited capacity in the aftermath of the accident, with two closed runways and a growing backlog of delayed and cancelled flights just days after severe winter storms, to boot.While there is nary a person who would take the news of a flight disruption well, one might imagine that under the circumstances, hiccups were to be expected, and thus a little more forgivable.Issues with those who had booked with one airline in particular, though, ended up causing such a stir that 911 was called on Wednesday morning.On Monday, the Canadian carrier — known for its vacation packages to tropical getaways — advised travellers that all...

Events

28 h. ago Nutrien Announces Ken Seitz and Jeff Tarsi as Speakers at the BofA Investor Conference

SASKATOON, Saskatchewan — Nutrien Ltd. (TSX and NYSE: NTR) announced today that Mr. Ken Seitz, Nutrien’s President and Chief Executive Officer, and Mr. Jeff Tarsi, Nutrien’s Executive Vice President and President, Global Retail, will be speaking at the 2025 BofA Global Agriculture and Materials Conference on Wednesday, February 26 at 10:30am EST. The fireside chat […]

Culture

28 h. ago Economists Trim Canada’s Growth Outlook as Tariff Threats Linger

Economists are trimming their estimates for Canada’s growth as the threat of a trade battle with the US is seen weighing on business investment.

Economics

29 h. ago EDF Profit Falls on Lower Power Prices and May Slide Further

Electricite de France SA said profit fell last year as European wholesale power prices retreated while income taxes rose, and warned earnings may shrink further in 2025.

Economics

34 h. ago Covalon Reports Fourth Consecutive Quarter of Year over Year Revenue Growth and Positive Earnings

MISSISSAUGA, Ontario — Covalon Technologies Ltd. (the “Company” or “Covalon”) (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced its fiscal 2025 first quarter results for the period ended December 31, 2024 along with a number of important recent achievements and highlights. “Covalon achieved strong revenue growth, driven by the success of our […]

Culture

35 h. ago Emera Reports 2024 Fourth Quarter and Annual Financial Results

HALIFAX, Nova Scotia — Today Emera (TSX: EMA) reported 2024 fourth quarter and annual financial results. Highlights Quarterly adjusted earnings per share (“Adjusted EPS”) grew 33% to $0.84 compared to $0.63 in Q4 2023 driven by solid operating performance across all regulated utilities which offset lower contributions from the Labrador Island Link (“LIL”) as a […]

Culture

38 h. ago Britons’ Shift to Eating at Home Drives Rebound in Retail Sales

UK retail sales grew more strongly than expected at the start of the year, as otherwise cautious consumers spent more on food to eat at home.

Other

44 h. ago Oil Set for Weekly Advance as Supply Uncertainty Clouds Outlook

Oil headed for its biggest weekly gain since early January on increasing supply uncertainty, and support from a weaker US dollar.

Other

47 h. ago StorageVault Reports Fiscal 2024 Results, Provides 2025 Outlook, Announces Credit Line Renewal and Upsize, and Increases Dividend

TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reports the Corporation’s full year 2024 audited results. Iqbal Khan, Chief Financial Officer, commented: “We finished the year with same store revenue, NOI and AFFO growth of 3.7%, 3.3% and 4.4% in Q4; $215 million in acquisitions and 110,000 square […]

Economics

47 h. ago Unifor expresses ’grave concern’ as Stellantis halts work in Brampton

The country’s largest private-sector union said it’s gravely concerned by Stellantis’ unexpected announcement that it’s halting work at the Brampton Assembly Plant. The company has been retooling the plant for both electric and gas Jeep Compass vehicles and was set for production to start later this year. Stellantis said Thursday it is “temporarily pausing work” […]

Other

48 h. ago Unifor has ‘grave concern’ over Stellantis work halt in Brampton, Ont.

BRAMPTON, ONT. — The country’s largest private sector union says it’s gravely concerned by Stellantis’ unexpected announcement that it’s halting work at the Brampton Assembly Plant in Ontario. The company has been retooling the plant for both electric and gas Jeep Compass vehicles and was set for production to start later this year. Stellantis said […]

Other

48 h. ago Centerra Gold Reports Fourth Quarter and Full Year 2024 Results and 2025 Outlook; Strong Cash Flow from Operating Activities and $625 Million in Cash and Cash Equivalents

All figures are in United States dollars. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the “Non-GAAP and Other Financial Measures” disclosure at the end of this news release for a description of these measures. TORONTO, Feb. 20, 2025 (GLOBE […]

Economics

50 h. ago Tariffs could force ‘rebalancing away’ from U.S. for oil exports: Cenovus CEO

Speaking on Cenovus's fourth-quarter earnings call on Thursday, president and CEO Jon McKenzie said the tariffs could affect "so many of the variables that impact our cash flow."

Economics

52 h. ago Billionaire Perot Sees ‘Big Concern’ as Trump Tariffs Fuel Worry

Ross Perot Jr., a billionaire Texas real estate developer and longtime Republican donor, said President Donald Trump’s tariff threats are emerging as a “big concern” and forcing business leaders to think twice before approving investments.

Economics

52 h. ago Manulife Shares Gain Most in a Year as Earnings Beat Estimates

Shares of Manulife Financial Corp. made their largest intraday gain in a year after the company beat expectations in the fourth quarter, capping off a year of strong growth.

Other

54 h. ago Teck Resources reports Q4 profit and record copper production

VANCOUVER — Teck Resources Ltd. reported a profit in its latest quarter compared with a loss a year earlier, helped by record copper production. The Vancouver-based mining company said Thursday it earned a profit from continuing operations attributable to shareholders of $385 million or 75 cents per share for the quarter ended Dec. 31. The […]

Sport

54 h. ago Cenovus Energy reports Q4 profit and revenue down from year ago

CALGARY – Cenovus Energy Inc. reported its fourth-quarter profit and revenue fell compared with a year ago as it saw lower oil and natural gas prices. The company says it earned $146 million or seven cents per diluted share for the quarter ended Dec. 31, down from $743 million or 32 cents per diluted share […]

Other

55 h. ago Amazon MGM takes creative reins of James Bond, ending era of family control

NEW YORK — In a James Bond shakeup that stirred the film industry, Amazon MGM announced Thursday that the studio has taken the creative reins of the 007 franchise after decades of family control. Longtime Bond custodians Michael G. Wilson and Barbara Broccoli said they would be stepping back. Amazon MGM Studios, Wilson and Broccoli […]

Economics