Taenaz Shakir

Noble Energy's sales volume forecast disappoints, shares slide

01 May 2018

Noble Energy Inc's first-quarter profit topped analysts' estimates, but the oil and gas producer's weak current-quarter sales volume forecast sent its shares down 2.5 percent.

Railways ready to ease oil transport headaches: Canada's Cenovus

25 Apr 2018

Oil and gas producer Cenovus Energy Inc expects Canada's railways to be able to carry more oil in the second half of this year, easing transport bottlenecks and allowing it to stick to previous annual forecasts.

BlackBerry beats profit estimates on higher margins

28 Mar 2018

BlackBerry Ltd reported a fourth-quarter profit on Wednesday that beat analysts' estimates and said it expects strong billings at its high-margin software and services business for the full year.

Rising oil prices shrink Couche-Tard's fuel margins, shares slide

20 Mar 2018

Alimentation Couche-Tard Inc said on Tuesday rising crude prices pressured margins from gasoline sales for the gas retail and convenient store operator in the third quarter, setting its stock on course for its biggest drop since 2008.

Icahn demands shake-up at U.S. shale producer SandRidge Energy

10 Jan 2018

SandRidge Energy Inc's biggest shareholder, Carl Icahn, called on Tuesday for the replacement of two directors and the removal of a poison pill barring individual shareholders from accumulating more than 10 percent of the U.S. shale producer's stock.

Loblaw says to close 22 stores by early 2018

15 Nov 2017

Canadian grocery and pharmacy chain Loblaw Cos Ltd said on Wednesday it would shut 22 unprofitable stores as the company revamps its business in the face of challenges in a brutal retail environment.

Telus misses profit estimates as it spends heavily to add subscribers

09 Nov 2017

Canadian telecom company Telus Corp on Thursday reported a lower-than-expected quarterly profit as it spent heavily to expand its wireless and fiber-optic networks in a bid to add more subscribers in a fiercely competitive industry.

Canada's BCE beats profit estimates on higher wireless subscriptions

02 Nov 2017

Canadian telecommunications company BCE Inc added more wireless subscribers than analysts had expected, helping it beat profit estimates for the third quarter and putting it on track to meet its financial targets for the year.

Vistra to buy Dynegy in $1.7 billion Texas power producer deal

31 Oct 2017

Vistra Energy Corp said on Monday it would buy Dynegy Inc in an all-stock deal worth $1.74 billion, combining two Texas-based power producers in the latest merger in an industry dealing with shrinking profit margins. | Video

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