AtkinsRéalis says the slowdown in the United States is temporary
Montreal-based engineering firm AtkinsRéalis revised down its forecasts for the engineering sector slightly due to a decline in activity in the United States.
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Canadian Tire preparing revival of Hudson’s Bay trademarks for later this year: CEO
Shoppers will get their first peek at what the Hudson’s Bay brand looks like under Canadian Tire Corp. Ltd. ownership later this year.
Bombardier to grow private jet aftermarket service across U.S.
Bombardier said on Thursday it would expand existing service centres and likely open new ones in the United States to drive higher revenues, as the Canadian business jet maker meets higher customer demand for its aftermarket care.
Quebecor CEO says he doesn’t intend to follow Telus in selling cell towers
Quebecor Inc. reported its second-quarter profit rose compared with a year ago as revenues were down slightly.
Maple Leaf Foods reports Q2 profit rose, driven by pork business
Maple Leaf Foods Inc. says it earned a second-quarter profit of $57.8 million, compared with a loss of $26.2 million a year ago.
Canadian Natural Resources says Q2 profit, production increased
Canadian Natural Resources Ltd. says it earned a second-quarter profit of $2.46 billion, up from $1.72 billion a year ago.
Paramount and Skydance close their US$8 billion merger, kicking off reign of new entertainment giant
The new company brings together Paramount’s legacy Hollywood footprint, major TV networks like CBS and MTV, streaming services and more.
AI infrastructure spending trends ‘bode extremely well’ for Brookfield: expert
“(Brookfield) really has their hands in a lot of different aspects of our lives,” Christopher Ballard, managing director of Check Capital Management
Warner Bros Discovery posts surprise quarterly profit on ‘Minecraft’ hit, streaming gains
Warner Bros Discovery posted a surprise second-quarter profit, as the international rollout of HBO Max sent subscriber numbers climbing.
Bell’s fibre footprint to ‘plateau’ after Ottawa sticks with CRTC’s wholesale policy
BCE Inc. says its latest quarter delivered a higher profit and revenue than the telecommunications firm saw a year earlier.
Acquisition growth at engineering firm WSP Global delivers Q2 rise in revenue, profit
WSP Global Inc. saw its second-quarter revenue and earnings climb as the company experienced strong acquisition growth.
Bumble plunges as AI revamp strategy fails to woo investors amid falling paying users
Shares of dating app Bumble fell over six per cent in premarket trading on Thursday, as investors reacted to a drop in subscribers and concerns about its ability to boost spending amid doubts over the pace of its AI innovation.
South Bow reports profit of US$96 million in second quarter
Pipeline operator South Bow Corp. says it had a net income of US$96 million in its second quarter, up from US$88 million in the same quarter last year.
Intel’s stock tumbles after Trump says its CEO must resign
Shares of Intel slumped Thursday after U.S. President Donald Trump said in a social media post that the chipmaker’s CEO needs to resign.
‘The halo effect of all the AI spend’: Investment advisor discusses Mag 7 earnings
An investment advisor says he’s impressed by technology giants incorporating artificial intelligence and that a digital transformation is getting started for the “Magnificent Seven.”
Duolingo surges as AI-led growth, forecast raise boost investor confidence
Duolingo shares surged nearly 30 per cent before the bell on Thursday, after its annual forecast increase buoyed investor confidence in its ability to drive user growth through AI features and social engagement, while enhancing monetization.