CAE Inc expects strong demand from airlines for pilot training when Boeing Co's grounded 737 MAX jets are cleared to fly, Chief Executive Marc Parent told analysts on Wednesday, after the Canadian training specialist reported lower-than-expected quarterly earnings.
Barrick Gold Corp is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.
U.S. fertilizer company Mosaic Co cut its full-year earnings forecast and posted a lower-than-expected profit, as rains and flooding in the United States hit its volumes and phosphates margins, sending its shares down as much as 12.3%.
Aug 1 The Ontario Securities Commission has
opened an investigation into CannTrust Holdings Inc,
the cannabis producer said on Thursday, less than a month after
the health regulator found unlicensed pot cultivation by the
July 8 CannTrust Holdings Inc's shares
plunged about 23% to a more than one-and-half-year low on
Monday, after Health Canada found the weed producer grew
cannabis in unlicensed rooms, and then restricted the company
from clearing its inventory.
Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier.
Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than 30% of their revenue from coal mining.
Canadian department store operator Hudson's Bay Co on Thursday posted a wider-than-expected loss as sales at its Lord & Taylor unit fell, but said it was optimistic about its ability to deal with the impact of U.S. tariffs on Chinese goods.
SNC-Lavalin Group Inc, weighed by weakness in its mining division and a surprise loss last month in its construction business, named an interim CEO and announced a quick strategic review on Tuesday, boosting its slumping shares as investors hoped for a turnaround.