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 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 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.
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 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.
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.
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.
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.
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.
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.