CHICAGO/BENGALURU Commodities trader Cargill Inc [CARG.UL] on Tuesday posted a quarterly profit rise of more than 19%, as the animal nutrition and protein business unit tapped into rising global demand for meat untainted by the spread of African swine fever in Asia.
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020, to reduce its debt that grew significantly with the Anadarko Petroleum Corp deal.
Canadian gold miner Barrick Gold Corp moved closer to its asset sales target on Tuesday by agreeing to sell its entire 90% stake in its Massawa project in Senegal to Teranga Gold Corporation for up to $430 million.
Dec 3 At least 800 workers at the Co-op Refinery
in Regina, Saskatchewan have voted in favor of striking, the
Unifor union said on Tuesday, after mediation talks broke down
Dec 2 Canadian oil and gas producer Husky Energy
Inc said on Monday it would lower capital spending by
C$500 million ($375.9 million) over the next two years to
increase free cash flow, in a time of reduced oil price
Canada's BlackBerry Ltd missed quarterly revenue estimates and cut the top end of its full-year forecast on Tuesday, hurt by weakness in sales of enterprise software, sending its shares down as much as 19% to near four-year lows.
Canada Goose Holdings Inc's quarterly gross margins missed estimates on Wednesday, as the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas.
Oil and gas producer Whiting Petroleum on Wednesday reported a surprise quarterly loss, announced a 33% job cut and asset sales as a lack of natural gas infrastructure hits prices.