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Cogeco reports first-quarter profit and revenue up from year ago mark
Cogeco Inc. reported its first-quarter profit rose compared with a year ago as its revenue also climbed, as customers spent more time online during the COVID-19 pandemic. Cogeco said its Canadian broadband revenue grew 2.
Jan 15, 2021 10:13 PM
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TSX falls on lower crude prices amid concerns about reduction in vaccine shipments
TORONTO — Canada's main stock market fell Friday to end the week lower on a drop in oil prices and concerns about a temporary reduction in vaccine shipments from Pfizer. The S&P/TSX composite index closed down 49.06 points to 17,909.
Jan 15, 2021 10:12 PM
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BlackBerry, Facebook resolve patent fight in private deal
WATERLOO, Ont. — BlackBerry says it has resolved its disputes with Facebook, after both companies had taken aim at each other's patents.
Jan 15, 2021 9:57 PM
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Retail group: holiday sales up 8.3% amid big spending shift
NEW YORK — The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.
Jan 15, 2021 8:07 PM
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Trevali plans to reopen New Brunswick's Caribou zinc mine but with 150 fewer staff
CALGARY — Trevali Mining Corp. says it plans to reopen its Caribou Mine near Bathurst, N.B.
Jan 15, 2021 6:46 PM
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N.L. offers owners of Terra Nova oilfield $175 million — but only if oil flows again
ST. JOHN'S, N.L. — Newfoundland and Labrador is offering $175 million to the owners of the dormant Terra Nova offshore oilfield, but only if oil starts pumping again.
Jan 15, 2021 6:24 PM
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Wells Fargo 4Q profit rose 4%, tops Street estimates
SILVER SPRING, Md. — Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak.
Jan 15, 2021 5:37 PM
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Xi asks Starbucks' Schultz to help repair US-China ties
BEIJING — President Xi Jinping is asking former CEO Howard Schultz of Starbucks to help repair U.S.-Chinese relations that have plunged to their lowest level in decades amid a tariff war and tension over technology and security.
Jan 15, 2021 5:14 PM
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Walmart's e-commerce chief to leave after nearly 5 years
NEW YORK — Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon.
Jan 15, 2021 5:08 PM
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Citigroup 4Q profit down 7%, revenue drops by 10%
CHARLOTTE, N.C. — Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank saw improvement from the darkest days of the pandemic shutdowns.
Jan 15, 2021 4:31 PM
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