Amrutha Gayathri

Canada's Performance Sports Group faces SEC investigation

Aug 17 2016

Canada's Performance Sports Group Ltd said on Wednesday it faced an investigation by the U.S. Securities and Exchange Commission, two days after the sports equipment maker said it was conducting an internal probe into its financials.

Bankrupt coal miner Peabody's lenders approve business plan

Aug 10 2016

Peabody Energy Corp said on Wednesday its five-year business plan had been approved by its debtor-in-possession lenders, the first step towards emerging from Chapter 11 bankruptcy.

Vail to buy Canadian ski resort operator Whistler Blackcomb

Aug 08 2016

Vail Resorts Inc said it would buy Whistler Blackcomb Holdings Inc, operator of the ski resort that was a venue for the 2010 Olympic Winter Games, for about C$1.39 billion ($1.06 billion) to expand its mountain resort chain into Canada.

Duke Energy targets deal for overseas assets by year-end

Aug 04 2016

Duke Energy Corp reported a higher-than-expected quarterly profit, helped by strength in its regulated power business, and said it was working with selected bidders to sell its international assets.

Mosaic CEO sees opportunities to buy miners' fertilizer assets

Aug 02 2016

Miners that produce a diverse commodity mix may be willing to part with fertilizer assets, creating buying opportunities for producers of potash and phosphate, Mosaic Co Chief Executive Joc O'Rourke said on Tuesday.

NextEra to buy bankrupt Energy Future Holdings' Oncor stake

Jul 29 2016

Power producer NextEra Energy Inc said it agreed to buy bankrupt Texas power company Energy Future Holdings Corp's stake in Oncor Electric Delivery Co in a deal valued at about $18.4 billion.

Enbridge profit misses slightly, hurt by Fort McMurray wildfire

Jul 29 2016

CALGARY, Alberta Enbridge Inc , Canada's largest pipeline company, reported a slightly lower-than-expected quarterly profit on Friday as its liquids pipeline business was hit by a massive wildfire in Fort McMurray, Alberta.

Baker Hughes says North America recovery unlikely this year

Jul 28 2016

Oilfield services provider Baker Hughes Inc said it did not expect a substantial recovery in drilling and pricing in North America this year, in contrast with comments from bigger rivals Schlumberger Ltd and Halliburton Co.

DuPont expects profit to jump as it speeds up cost cutting

Jul 26 2016

DuPont reported a higher-than-expected quarterly profit as lower costs boosted margins, and the chemicals and seeds producer forecast a 50 percent jump in third-quarter operating earnings as it steps up its cost-cutting efforts.

Canadian energy earnings hint at brighter outlook for oil

Jul 21 2016

CALGARY, Alberta, July 21 The Canadian oil and gas earnings season kicked off on Thursday with signs of an industry recovery as Encana Corp and Precision Drilling Corp outlined plans to boost activity.

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