News: SNC-Lavalin Group Inc (SNCAF.PK)

SNCAF.PK on OTC Markets Group

36.05USD
22 May 2015
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Thu, May 7 2015

SNC-Lavalin posts bigger net profit, outlines share buyback

TORONTO, May 7 - SNC-Lavalin Group outlined plans to buy back a large chunk of its shares on Thursday, after reporting a much bigger quarterly net profit, driven by gains from acquisitions and favorable currency moves.

SNC names Lawrence Stevenson as its new chairman

TORONTO, March 16 - SNC-Lavalin Group Inc said on Monday Lawrence Stevenson has replaced Ian Bourne as chairman of its board, effective immediately.

UPDATE 1-SNC-Lavalin boosts dividend, but profit outlook below estimates

TORONTO, March 5 - SNC-Lavalin Group Inc reported adjusted earnings that were little changed from a year earlier and raised its dividend, but forecast 2015 earnings below expectations, sending its shares lower.

SNC-Lavalin earnings rise on AltaLink deal

TORONTO, March 5 - SNC-Lavalin Group Inc reported higher earnings on Thursday thanks to a gain on the previously announced sale of electricity transmission company AltaLink.

Caisse says supports SNC-Lavalin despite recent charges

TORONTO, Feb 25 - SNC-Lavalin Group's largest shareholder, the Caisse de depot et Placement du Quebec, said on Wednesday that it remains confident in the engineering company's prospects despite its recent troubles.

CANADA STOCKS-Goldcorp, SNC-Lavalin slumps push TSX lower

* SNC-Lavalin dives 7.1 percent on news of corruption charges

CANADA STOCKS-TSX ends lower; Goldcorp and SNC-Lavalin slump

TORONTO, Feb 19 - Canada's main stock index ended lower on Thursday, with miner Goldcorp Inc weighing after writing down the value of a new mine in Argentina and SNC-Lavalin Group Inc falling after police laid corruption charges against the engineering company.

UPDATE 2-Canada police lay charges against SNC-Lavalin, stock drops

TORONTO, Feb 19 - Canadian police laid corruption charges against SNC-Lavalin Group Inc on Thursday, the first time the engineering company has been directly charged with alleged bribery as it conducted business in Libya over a ten-year period until 2011.

CANADA STOCKS-TSX drops as oil prices weaken; SNC tumbles

TORONTO, Feb 19 - Canada's main stock index fell on Thursday as a buildup in U.S. crude inventories weighed on oil prices and shares of energy companies.

Hard up miners turn to Asian contractors to help fund projects

VANCOUVER/MELBOURNE - Miners who can't get financing for new projects from banks or traditional equity investors because metals prices have collapsed are turning to an alternative source: the engineering and construction companies, many from China and South Korea, who actually build their mines.

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