CALGARY, Alberta, Aug. 13, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), Canada’s largest and one of North America’s fastest growing independent suppliers and marketers of fuel and petroleum products and a leading convenience store operator, today announced that a dividend of $0.0978 per share will be paid on September 14, 2018 to shareholders of […]
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RSS feed for this sectionParkland Fuel Corporation’s Acquisition of Rhinehart Oil Co., Inc. Expected to Double its U.S. Operations
CALGARY, Alberta, Aug. 13, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “We”, “Our” or “Us”) (TSX:PKI) Canada’s largest and one of North America’s fastest growing independent marketers of fuel and petroleum products and a leading convenience store operator, is pleased to announce that Parkland through its U.S. based subsidiaries (collectively, “Parkland USA”), has entered […]
EU Urged to Block Sony’s Purchase of EMI
CBJ — Independent music labels group Impala is calling on EU antitrust regulators to block Sony’s bid to become the world’s largest music publisher with its $2.3 billion offer for control of EMI. Impala is concerned that combining those two forces would yield far too much market power for one company. Sony announced the proposed […]
Clark Leaving as Chair of LCBO
CBJ — The Chair of the Liquor Control Board of Ontario will step down at the end of the month after less than a year in the job. Ontario Finance Minister Vic Fedeli says Ed Clark will resign his post at the Crown corporation on Aug. 30. Clark took on the job in January under […]
Out With Denim — In With Yoga Pants
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, […]
Canada Goose Posts $18.7 Loss
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 […]
Jobless Rate Declines in July
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 […]
Cineplex Has Record 2nd-Quarter Earnings
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 […]
Maxim Power Corp. Announces 2018 Second Quarter Financial and Operating Results
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 […]
Snap Loses Users in 2nd Quarter
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 […]
