Edition:
United Kingdom

Shradha Singh

Shopify raises revenue forecast on higher e-commerce demand

01 Aug 2019

Shopify Inc on Thursday raised its full-year revenue forecast and reported a better-than-expected quarterly profit, as the Canadian e-commerce company's investments to attract customers paid off.

Canadian National Railway profit beats on higher crude, grain shipments

24 Jul 2019

Canadian National Railway Co beat analysts' estimates for quarterly adjusted profit on Tuesday, as the country's largest railroad operator shipped higher volumes of crude, refined petroleum products and grains.

Canadian Pacific beats on higher crude shipments, cost control

16 Jul 2019

Canadian Pacific Railway reported a better-than-expected adjusted quarterly profit on Tuesday, as the country's second-largest railroad operator controlled costs and earned more from moving crude, chemicals as well as plastics.

Restaurant Brands to boost outlets by 54% in 8-10 years

15 May 2019

Restaurant Brands International Inc said on Wednesday it plans to expand all three of its brands to more than 40,000 restaurants globally, a 54% jump, over the next decade.

UPDATE 2-Hudbay Minerals settles board battle with shareholder Waterton

03 May 2019

May 3 Hudbay Minerals Inc said on Friday it had agreed with Waterton Global Resource Management Inc, its second largest shareholder, to seek election of a slate of 11 board members that includes nominees proposed by both parties.

Shopify raises FY forecast on demand for e-commerce tools; shares surge

30 Apr 2019

Shopify Inc raised its 2019 earnings forecast and posted a surprise quarterly profit on Tuesday on strong demand for its software that helps retailers sell goods online, sending its shares up 7 percent to a record high.

ADM considers ethanol spinoff as first-quarter profit falls on severe weather

26 Apr 2019

CHICAGO/BENGALURU Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter.

Investor Waterton files suit against Canadian miner Hudbay to stop it soliciting proxies

16 Apr 2019

Private equity firm Waterton Global Resource Management has filed a lawsuit against Canadian miner Hudbay Minerals Inc in a bid to stop it from soliciting proxies for its annual shareholder meeting in May.

UPDATE 3-Investor Waterton files suit against Canadian miner Hudbay to stop it soliciting proxies

16 Apr 2019

April 16 Private equity firm Waterton Global Resource Management has filed a lawsuit against Canadian miner Hudbay Minerals Inc in a bid to stop it from soliciting proxies for its annual shareholder meeting in May.

Dollarama's fourth-quarter profit misses estimates

28 Mar 2019

Canadian discount chain Dollarama Inc narrowly missed quarterly estimates for profit and same-store sales on Thursday, hurt by severe competition and a softening economy that prevented the company from raising prices.

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