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Home Depot tops expectations again, but signs of spending pullback by Americans
ATLANTA (AP) — Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline as inflation and soaring interest rates play a larger role in the spending choices made by Americans.
Aug 15, 2023 7:08 AM
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Russia's ruble hits its lowest level since early in the war. The central bank plans to step in
LONDON (AP) — The Russian ruble on Monday reached its lowest value since the early weeks of the war in Ukraine as Moscow increases military spending and Western sanctions weigh on its energy exports .
Aug 14, 2023 10:11 PM
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Suncor earns $1.88 billion in Q2; takes restructuring charge related to layoffs
CALGARY — Suncor Energy Inc. says it earned $1.88 billion in the second quarter of 2023, down from approximately $4 billion in the same period last year when oil prices were higher.
Aug 14, 2023 7:17 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,290.54, up 117.03): Suncor Energy Inc. (TSX:SU). Energy. Down 26 cents, or 0.61 per cent, to $42.40 on 19.6 million shares.
Aug 14, 2023 4:46 PM
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Boralex shares jump 6% after reporting Q2 profit up from year ago
MONTREAL — Shares in Boralex Inc. rose more than six per cent Monday after the renewable power producer reported its second-quarter profit rose compared with a year ago.
Aug 14, 2023 4:46 PM
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Cargojet cutting costs as it reports Q2 profit and revenue down from year ago mark
Cargojet Inc.'s chief executive said Monday the air cargo company is cutting back on the "overspending" it incurred to meet a demand influx during the COVID-19 pandemic as it reported a decline in profit in its latest quarter.
Aug 14, 2023 4:45 PM
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S&P/TSX composite down more than 100 points, U.S. stock markets rise
TORONTO — Canada's main stock index closed down more than 100 points Monday on broad-based weakness, while U.S. stock markets rose after a day of mixed trading. The S&P/TSX composite index closed down 117.03 points at 20,290.54.
Aug 14, 2023 4:37 PM
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Survey shows employers, workers might be aligning on hybrid work
TORONTO — Around half of hiring managers and employees believe a combination of remote and in-office work to be the ideal setup, according to a survey which suggests both sides might be aligning on the issue more than three years after the COVID-19 p
Aug 14, 2023 4:20 PM
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Equinor hires drill rig to keep looking for oil off Newfoundland's east coast
ST. JOHN'S, N.L. — Norwegian energy giant Equinor has hired a drilling rig to look for more oil off the coast of Newfoundland.
Aug 14, 2023 10:59 AM
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Rogers Sugar to spend $200 million to grow production capacity in Montreal
MONTREAL — Rogers Sugar Inc. has announced plans to spend $200 million to grow its production capacity at its plant in Montreal to help meet increased demand in Eastern Canada.
Aug 14, 2023 10:09 AM
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