CBJ — The clothing company that makes Wrangler and Lee jeans is breaking off its denim division to focus on its fast-growing outdoor and active wear business, including the increasingly popular yoga pants. The major shift at VF Corp. is in response to the popularity of yoga pants and has seen such companies as Lululemon, […]

CBJ — Canada Goose Holdings posted a net loss of $18.7 million in its first quarter as it looked to expand further into untapped international markets. The Toronto-based company, whose core business is luxury winter jackets, attributes the losses primarily due to expansion in Beijing and Hong Kong and a regional office coming in Shanghai […]

CBJ — The national jobless rate declined in July thanks in large part to a run of new part-time jobs, which was enough to offset a drop in full-time work last month.The result was a net gain of 54,100 jobs, although it could be argued that the loss of the full-time positions may not offset […]

CBJ — Cineplex had $24.4 million of net income in the second quarter, as total revenue increased by more than 12.5% and cost-reduction efforts proved to be quite effective over the past year. The Toronto-based cinema and entertainment company says revenue for the three months ended June 30 was $409 million, a record high for […]

CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) announced today the release of financial and operating results for the second quarter ended June 30, 2018. The unaudited condensed consolidated interim financial statements, accompanying notes and Management Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s […]

CBJ — Snap Inc.’s Snapchat app unexpectedly lost users in the second quarter. Daily users fell to 188 million from 191 million in the prior quarter, which could heighten investor anxiety about how competition and privacy issues are affecting Snap and its peers. The social media platform has never had a profitable quarter since debuting […]

CBJ — Nearly 100 companies and organizations have joined a blockchain platform developed by IBM in partnership with Maersk, the large international shipping conglomerate. The partnership is aimed at improving efficiency and limiting the large paper trail of global container shipping in an industry that has seen very little innovation over the past 60 years. […]

CBJ — A number of Ontario craft breweries have already made it known they are opting out of the province’s new buck-a-beer plan, arguing it would lower the quality of their product and force them to pay their staff less. Ontario Premier Doug Ford announced the province would decrease the lowest legal price to allow […]

CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff’s unaudited interim condensed consolidated financial statements and related management’s discussion and analysis for the three […]