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 […]
Archive | Uncategorized
RSS feed for this sectionJobless 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 […]
Blockchain For Global Shipping
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. […]
Breweries Respond to ‘Buck a Beer’
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 […]
Pine Cliff Energy Ltd. Announces Second Quarter 2018 Results
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 […]
Parex Announces 2018 Second Quarter Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended June 30, 2018 (“Second Quarter” or “Q2”). All amounts herein are in United States dollars (“USD”) unless otherwise stated. […]
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2018
NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2018. HIGHLIGHTSQuarter ended June 30, 2018($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio $ 1,024.7 Net assets […]