CBJ — Enbridge Inc. has reported better-than-expected second-quarter earnings of $1.07 billion, as it worked to sell a number of non-core assets to help eliminate debt. The Calgary-based pipeline operator’s profit amounted to 63 cents per share and compared with $919 million, or 56 cents per share in the second quarter of 2017. Both quarters […]
Aimia and Porter Form Partnership
CBJ — Aimia Inc. has formed an alliance with Porter Airlines to become a preferred Canadian airline for the Aeroplan loyalty points program as of July 2020, when the arrangement with Air Canada ends. The partnership follows Aimia’s rejection of a bid for Aeroplan from an Air Canada-led group that included the key Aeroplan credit card […]
Pengrowth Reports Second Quarter Results With 16% Increase in Average Daily Production and 40% Increase in Adjusted Funds Flow Since Q1 2018
CALGARY, Alberta, Aug. 03, 2018 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (“Pengrowth”) (TSX:PGF, OTCQX:PGHEF), today reported its results for the three and six months ended June 30, 2018. Unless otherwise indicated, financial figures are expressed in Canadian Dollars. “We continue to execute on the multi-year development plan we launched on June 26th of this year. […]
Freehold Royalties Ltd. Strong Growth in Funds from Operations and Second Quarter Results
CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced second quarter results for the period ended June 30, 2018. Results at a Glance Three Months Ended Six Months Ended June 30 June 30 FINANCIAL ($000s, except as noted) 2018 2017 Change 2018 2017 Change […]
VVC Exploration Intersects Additional Significant Near Surface Copper Mineralization In Drilling on the Samalayuca Property, Chihuahua State, MX
TORONTO, Aug. 02, 2018 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company”) (TSXV:VVC) announces assay results from its ongoing diamond drilling program on the Samalayuca Copper property in northern Chihuahua State, Mexico. The results define and extend the copper mineralization in the near surface Gloria extension zone first drilled in 2017. Samalayuca Drilling […]
Wells Fargo To Pay $2.1 Billion Fine
CBJ — Wells Fargo, one of America’s largest banks, has agreed to pay a US$2.1 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis. The fine is smaller than those paid by Bank of America, Citigroup and […]
Tesla Shares Up Despite Record Losses
CBJ — The magic of Elon Musk continues to impress investors, who still believe the tech innovator is on the path to something big despite Tesla posted record losses in the last quarter. Tesla’s stock price soared despite reporting a record $717.5m loss for the second quarter of 2018. Musk, who is Tesla’s CEO, appeared […]
TransCanada Declares Quarterly Dividends
CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) — TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.69 per common share for the quarter ending September 30, 2018, on the Company’s outstanding common shares. The common share dividend is payable […]
TransCanada Announces Agreement to Sell its Share of Cartier Wind Energy
CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its 62 per cent share of the Cartier wind power facilities, and its related operating entities, to Innergex Renewable Energy Inc. for approximately $630 million. Located in Québec, […]
TransCanada annonce un accord de vente de sa participation dans Cartier Énergie Éolienne
CALGARY, Alberta, 02 août 2018 (GLOBE NEWSWIRE) — Communiqué de presse – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) a annoncé aujourd’hui qu’elle a conclu une entente visant la vente de sa participation de 62 % dans les installations de Cartier Énergie Éolienne, et ses entités opérationnelles connexes, à Innergex énergie renouvelable inc. pour environ 630 millions de dollars. Situés […]
