Edition:
United States

Arundhati Sarkar

Canadian National Railway profit misses as harsh weather weighs on expenses

Apr 29 2019

Canadian National Railway Co on Monday became the latest railroad operator to blame higher operating expenses due to prolonged extreme cold weather for a lower-than-expected quarterly profit.

Lululemon targets annual revenue growth in low teens for next five years

Apr 24 2019

Lululemon Athletica Inc forecast annual revenue growth in the low teens for the next five years, as new Chief Executive Calvin McDonald tries to steady the ship after the abrupt exit of the Canadian yoga-pants specialist's last boss.

Canopy Growth to buy Acreage in $3.4 billion deal

Apr 18 2019

Canopy Growth Corp said on Thursday it had secured a right to buy Acreage Holdings Inc for $3.4 billion once the United States legalizes the production and sale of cannabis.

Lululemon soars on menswear, online push; inches into Nike turf

Mar 28 2019

Shares of yoga-pants specialists Lululemon Athletica Inc rose 15 percent on Thursday, with several Wall Street analysts raising their price targets for the company after a blockbuster fourth quarter.

Cabot Oil profit misses estimates, cuts 2019 capital expenditure

Feb 22 2019

Cabot Oil and Gas Corp missed Wall Street estimates for quarterly profit on Friday, as transportation costs capped its gains from higher gas prices and the company cut its 2019 capital expenditure.

UPDATE 2- Cabot Oil profit misses estimates, cuts 2019 capital expenditure

Feb 22 2019

Feb 22 Cabot Oil and Gas Corp missed Wall Street estimates for quarterly profit on Friday, as transportation costs capped its gains from higher gas prices and the company cut its 2019 capital expenditure.

Canada Goose says labor costs hit profit margins, shares dive

Feb 14 2019

Luxury coat maker Canada Goose said higher labor costs in Ontario and investments to expand overseas hit profit margins in the third quarter, driving its shares down 9 percent on Thursday.

Shopify profit forecast misses on higher spending, shares fall

Feb 12 2019

Canadian e-commerce software maker Shopify Inc's full-year adjusted operating income forecast fell short of analysts' estimates on Tuesday, overshadowing a strong quarterly profit beat and sending its shares down 4 percent.

Phillips 66 quarterly profit beats on higher refining margins

Feb 08 2019

U.S. refiner Phillips 66 posted a better-than-expected profit on Friday as access to low-cost crude oil from U.S. shale basins and Canada boosted its refining margins.

ADM fourth-quarter profit misses as U.S.-China trade war stings, shares drop

Feb 05 2019

U.S. grains trader Archer Daniels Midland Co on Tuesday reported lower-than-expected fourth-quarter 2018 earnings as the U.S.-China trade war roiled global agriculture, sending its shares down more than 6 percent.

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