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Bombardier posts loss in second quarter, boosts guidance on free cash flow

Bombardier posts loss in second quarter, boosts guidance on free cash flow

MONTREAL — Bombardier Inc. is posting a second-quarter loss but has raised its 2022 full-year guidance on free cash flow. The business jet maker, which keeps its books in U.S.
July auto sales down 16 per cent from last year as shortages persist

July auto sales down 16 per cent from last year as shortages persist

TORONTO — DesRosiers Automotive Consultants says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles.
Ukraine war will drive demand for Nutrien products for years: CEO

Ukraine war will drive demand for Nutrien products for years: CEO

CALGARY — Saskatoon-based fertilizer giant Nutrien Ltd. surged to all-time high profits in the first six months of 2022 as the war in Ukraine destabilized agriculture markets and heightened global food security fears.
Saputo reports net earnings of $139 million

Saputo reports net earnings of $139 million

MONTREAL — Dairy giant Saputo Inc. says it had net earnings of $139 million for the quarter ended June 30, up from $53 million for the same quarter last year.
SNC-Lavalin reports profit fell in the second quarter as revenue rose

SNC-Lavalin reports profit fell in the second quarter as revenue rose

MONTREAL — SNC-Lavalin Group Inc. reported its second-quarter profit fell compared with a year ago as revenue grew. The company says its profit from continuing operations attributable to shareholders totalled $1.
Applications for US jobless claims up again last week

Applications for US jobless claims up again last week

WASHINGTON (AP) — More Americans applied for jobless benefits last week as the number of unemployed continues to rise modestly, though the labor market remains one of the strongest parts of the U.S. economy.
Warner Bros. axes 'Batgirl,' won’t release $90M HBO Max film

Warner Bros. axes 'Batgirl,' won’t release $90M HBO Max film

NEW YORK (AP) — In a highly unusual move that rattled Hollywood, Warner Bros. axed the “Batgirl” film planned for HBO Max, opting to shelve the $90 million film as the reorganized studio revamps its approach to streaming and DC Comics films.
Sun Life profits fall on DentaQuest acquisition, 'unfavourable' market impacts

Sun Life profits fall on DentaQuest acquisition, 'unfavourable' market impacts

TORONTO — Sun Life Financial Inc. says it earned $785 million or $1.34 per share in the second quarter of 2022, a 13 per cent decrease from the prior year.
Fertilizer giant Nutrien Ltd. earns US$3.6B as global demand surges

Fertilizer giant Nutrien Ltd. earns US$3.6B as global demand surges

SASKATOON — Nutrien Ltd. says its net profit increased 224 per cent to US$3.6 billion in the second quarter as the war in Ukraine continues to put pressure on global agriculture markets. The Saskatoon-based fertilizer producer — which reports in U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,545.94, up 40.61 points.) Enbridge Inc. (TSX:ENB). Energy. Up eight cents, or 0.14 per cent, to $56.71 on 10.5 million shares.
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