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TMX Group earnings rise to $100 million in second quarter, revenues also higher

TMX Group earnings rise to $100 million in second quarter, revenues also higher

TORONTO — TMX Group Ltd. says it earned $100 million in the second quarter of 2024, up from $97.3 million during the same quarter last year. Revenue for the company that operates the Toronto Stock Exchange totalled $367.1 million, up from $306.
NFI Group posts first quarterly profit in three years as revenue rises

NFI Group posts first quarterly profit in three years as revenue rises

WINNIPEG — NFI Group Inc. says it earned US$3 million in its second quarter, up from a net loss of US$48 million a year earlier. The Winnipeg-based company says its revenue for the quarter totalled US$851 million, up from US$660 million last year.
Boeing names its next CEO while posting a quarterly loss of more than $1.4 billion

Boeing names its next CEO while posting a quarterly loss of more than $1.4 billion

Boeing named an aerospace industry veteran with a background in mechanical engineering as its next chief executive Wednesday, looking to open a new chapter at a company rocked by legal, regulatory and production problems and mounting financial reperc
Western Forest Products narrows loss in second quarter to $5.7 million

Western Forest Products narrows loss in second quarter to $5.7 million

VANCOUVER — Western Forest Products Inc. says it lost $5.7 million during the second quarter, compared with a loss of $20.7 million a year earlier. The Vancouver-based company says revenues were $309.
Facebook parent Meta posts stronger-than-expected Q2 results, sending shares higher after hours

Facebook parent Meta posts stronger-than-expected Q2 results, sending shares higher after hours

SAN FRANCISCO (AP) — Facebook and Instagram parent company Meta Platforms Inc. reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading.
S&P/TSX up almost 300 points as oil prices rise; Wall St. rallies and Fed holds rates

S&P/TSX up almost 300 points as oil prices rise; Wall St. rallies and Fed holds rates

TORONTO — Gains in energy stocks and base metals led sa¹ú¼Ê´«Ã½'s main stock index up almost 300 points in a broad-based rally Wednesday, while major tech names led a rally on U.S. stock markets, and the U.S.
Conservatives launch attack ads on NDP, calling leader 'Sellout Singh'

Conservatives launch attack ads on NDP, calling leader 'Sellout Singh'

OTTAWA — The Conservative party released two new ads this week attacking NDP Leader Jagmeet Singh as a "sellout," blaming him for a national rise in crime, housing prices and costly living.
Stock market today: S&P 500 jumps to best day in 5 months as tech rebounds, rate cuts come into view

Stock market today: S&P 500 jumps to best day in 5 months as tech rebounds, rate cuts come into view

NEW YORK (AP) — Big technology stocks drove a rally for U.S. indexes, as Wall Street grew even more convinced long-sought cuts to interest rates will be arriving soon. The S&P 500 jumped 1.6% Wednesday for its best day in five months.
Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

CALGARY — sa¹ú¼Ê´«Ã½'s largest drilling rig contracting company has seen such surprising growth in customer demand after the opening of the Trans Mountain pipeline expansion that its CEO believes a rig shortage could be possible by next year.
WSP Global on the hunt for big companies as acquisitions climb the to-do list

WSP Global on the hunt for big companies as acquisitions climb the to-do list

MONTREAL — WSP Global Inc. is eyeing larger acquisitions once again after working to integrate its sprawling operations as it snapped up smaller companies over the past 18 months, says CEO Alexandre L’Heureux.