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Telus Q4 profit, revenue up but adjusted net income falls below estimates

Telus Q4 profit, revenue up but adjusted net income falls below estimates

VANCOUVER — Telus Corp. reports it had $379 million of net income in the fourth quarter, up three per cent from $368 million a year earlier, but its adjusted earnings were down and missed analyst estimates.
Precision Drilling shares jump on earnings beat, higher activity forecast

Precision Drilling shares jump on earnings beat, higher activity forecast

CALGARY — Progress in getting oil export pipelines approved is boosting optimism in Western Canada's oilpatch, leading to more demand for rigs and hundreds of crew members being called back to work, the CEO of Precision Drilling Corp. said Thursday.
Asian market helps Manulife and Sun Life in latest quarters

Asian market helps Manulife and Sun Life in latest quarters

TORONTO — Two of Canada's largest insurance companies got lifts from the Asian market in their latest quarter. Sun Life Financial Inc.
Yellow Pages to initiate dividend, repay debt following turnaround

Yellow Pages to initiate dividend, repay debt following turnaround

MONTREAL — Yellow Pages Ltd. says it is initiating a quarterly dividend and repaying all of its remaining debt following a successful turnaround.

Timeline: Bombardier sell-offs

Bombardier Inc. has pared down repeatedly since CEO Alain Bellemare came on board in February 2015. June 2016 Viking Air Ltd., a subsidiary of B.C.-based Longview Aviation Capital Corp.
Canadian Tire fourth-quarter profit beats expectations, revenue falls short

Canadian Tire fourth-quarter profit beats expectations, revenue falls short

Canadian Tire Corp.'s chief executive assured analysts that the retailer has yet to experience any supply issues due to the novel coronavirus outbreak, but longer-term impacts remain unclear.
StubHub to pay $1.3 million penalty in misleading price claims case

StubHub to pay $1.3 million penalty in misleading price claims case

StubHub Canada Ltd. and StubHub Inc. will pay a $1.3 million penalty for making misleading pricing claims and will ensure costs for Canadian events it sells tickets to are posted with their mandatory fees.
WildBrain revenue to be hit by YouTube's new rules for kid-oriented advertising

WildBrain revenue to be hit by YouTube's new rules for kid-oriented advertising

YouTube's new rules for kid-oriented advertising will slow WildBrain Ltd.'s revenue growth this year, but that will be somewhat offset by the Canadian animation company's success with ad-free streaming services such as Apple TV Plus.
Brookfield Asset Management reports lower income in Q4 but beats expectations

Brookfield Asset Management reports lower income in Q4 but beats expectations

TORONTO — Brookfield Asset Management Inc. says its net income for the fourth quarter was less than half the level a year earlier, in part because of asset sales in the previous year. The company, which reports in U.S.
UK Treasury chief quits as Johnson shakes up Cabinet

UK Treasury chief quits as Johnson shakes up Cabinet

LONDON — British Prime Minister Boris Johnson tightened his grip on the government Thursday with a Cabinet shake-up that triggered the unexpected resignation of his Treasury chief, the second-most powerful figure in the administration.