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
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 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 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.
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.
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.
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.
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 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.
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.