Canada's BlackBerry Ltd missed quarterly revenue estimates and cut the top end of its full-year forecast on Tuesday, hurt by weakness in sales of enterprise software, sending its shares down as much as 19% to near four-year lows.
Canadian company Aurora Cannabis Inc pushed back its profitability timeline to fiscal 2020 on Wednesday after missing its earlier target of the fourth quarter, blaming the slow roll-out of retail outlets for recreational marijuana.
July 3 Canada's Canopy Growth Corp
fired founder and co-Chief Executive Officer Bruce
Linton, a surprise move that comes just a week after the weed
producer's largest shareholder expressed disappointment over its
Nvidia Corp on Thursday said new high-end graphics chips for video gamers was bringing its core business back to "normalized" levels and raising profitability, as the company posted quarterly results ahead of Wall Street targets, sending shares up 5% in extended trading.
Canadian pipeline company Enbridge Inc said on Friday it would invite bids for contracted space on its Mainline system, as shippers compete to move oil on the country's congested pipeline networks.
U.S. refiner Marathon Petroleum Corp beat estimates for quarterly profit on Thursday, benefiting from better-than-expected earnings from its refining segment as well as higher sales in its gas stations business.
U.S. refiner Phillips 66 beat estimates for quarterly profit on Friday, benefiting from shipping higher volumes of crude through its pipelines.
July 25 Valero Energy Corp on Thursday
beat analysts' estimates for quarterly profit, driven by a
rebound in gasoline prices and as the independent U.S. refiner
processed more crude at lower-than-expected costs.
SNC-Lavalin Group Inc shares slumped to a 14-year low on Tuesday, as investors worried about the near-term hit from the struggling Canadian construction company's restructuring plans, including a move to exit fixed-price contracts.
Struggling construction and engineering firm SNC-Lavalin Group Inc on Monday withdrew its forecast for 2019, citing significantly lower results as it considers options for its resources unit and exits fixed-price contracts.