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OpenText Corp. sees revenues rise 2.4 per cent in latest financial quarter
WATERLOO, ONTARIO — OpenText Corp. reported revenues for the most recent quarter were up 2.4 per cent year over year, with cloud revenues rising 12 per cent. Net income for their second quarter ended Dec. 31 amounted to US$258.5 million, up 192.
Feb 2, 2023 6:31 PM
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Teck completes sale of Fort Hills stake to project partners; exits oilsands
VANCOUVER — Teck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands mine to Suncor Energy Inc. and TotalEnergies EP Canada Ltd.
Feb 2, 2023 5:31 PM
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Utility board defies Nova Scotia government, allows 14 per cent power rate hike
HALIFAX — Nova Scotia's utility regulator has defied the provincial government and approved an average 14 per cent increase in electricity rates over two years. Premier Tim Houston said last November that his government opposed the increase of 6.
Feb 2, 2023 5:09 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,740.44, down 10.61): Hut 8 Mining Corp. (TSX:HUT). Financials. Up 32 cents, or 11.11 per cent, to $3.20 on 10.9 million shares.
Feb 2, 2023 5:05 PM
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Tech sector helps lift S&P/TSX composite from energy losses, U.S. markets mixed
TORONTO — Canada's main stock index shored itself up against losses in the energy sector for the second day in a row, while U.S. markets were mixed. The S&P/TSX composite index was down 10.61 points at 20,740.44.
Feb 2, 2023 4:53 PM
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Wall Street's rally rolls on, led by torrid tech stocks
NEW YORK (AP) — Wall Street closed higher, led by excitement around tech stocks and a surge for Facebook’s parent company, Meta Platforms. The S&P 500 rose 1.5% Thursday, a day after hitting its highest level since the summer.
Feb 2, 2023 4:07 PM
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Dairy giant Saputo to permanently close 3 U.S. facilities, expand and build others
MONTREAL — Dairy giant Saputo Inc. has announced sweeping changes to its U.S. operations, saying it will permanently close three facilities, build a new packaging facility and expand string cheese operations.
Feb 2, 2023 4:07 PM
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Nestle Canada to wind down frozen meals and pizza business including Delissio
TORONTO — Nestle Canada's decision to pull its pizza and frozen meals from Canada over the next six months could leave a gap in supermarket freezers, a food expert says.
Feb 2, 2023 3:55 PM
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January home sales down 55% from year earlier, 21% from Dec: Vancouver board
VANCOUVER — The Real Estate Board of Greater Vancouver says January home sales were more than halved from the year before and down 21 per cent from December.
Feb 2, 2023 1:50 PM
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Lightspeed Commerce to hire, shift focus to premium clients after layoffs
Less than a month after laying off 300 workers, Lightspeed Commerce Inc.'s chief executive says his company has plans to hire between 150 and 200 more staff.
Feb 2, 2023 12:52 PM
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