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National Business
Sleep Country Canada earns $12.7 million in second quarter as revenues decline
TORONTO — Sleep Country Canada Holdings Inc. reported net income of $12.7 million in the second quarter, down from $22.7 million last year. The Toronto-based company says revenues for the quarter were $217.2 million, down 4.6 per cent from $227.
Aug 10, 2023 5:50 PM
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Indigo reports loss, lower sales as cyberattack effects carry into first quarter
TORONTO — Indigo Books & Music Ltd. says it lost $28.5 million in its first quarter, compared with a loss of $25.4 million in the same quarter last year. The Toronto-based retailer says revenue for the quarter ended July 1 was $179.
Aug 10, 2023 5:19 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 (20,342.88, up 67.61 points): Suncor Energy Inc. (TSX:SU). Energy. Down 19 cents, or 0.45 per cent, to $42.41 on 12.9 million shares.
Aug 10, 2023 4:57 PM
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Dye & Durham completes sale of TM Group to Aurelius
TORONTO — Dye & Durham Ltd. says it has completed the sale of its TM Group business to alternative investment firm Aurelius in an agreement worth up to 91 million pounds.
Aug 10, 2023 4:55 PM
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Unifor, Detroit Three kick off contract talks amid inflation, EV transition pressures
TORONTO — Unifor national president Lana Payne emphasized that autoworkers expect to make significant wage and benefit gains as the union kicked off contract talks with the Detroit Three on Thursday.
Aug 10, 2023 4:40 PM
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S&P/TSX composite index keeps climbing on Thursday, U.S. markets also rise
TORONTO — Canada's main stock market index posted a small gain Thursday as it continued its climb this week, helped by strength in financial, telecom and technology stocks, while U.S. markets also rose after the latest inflation report.
Aug 10, 2023 4:33 PM
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Stock market today: Wall Street ends mixed after US inflation report
NEW YORK (AP) — Stocks wobbled to a mixed close on Wall Street following the latest update on inflation across the U.S. The S&P 500 ended just barely higher Thursday after having been up as much as 1.3% earlier in the day.
Aug 10, 2023 4:08 PM
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Canadian Tire profits fall as consumer spending on discretionary products sags
TORONTO — Demand for non-essential items at Canadian Tire stores took a dive last quarter as the company said customers are increasingly feeling the pinch of higher inflation and interest rates. Those struggles prompted Canadian Tire Corp. Ltd.
Aug 10, 2023 3:47 PM
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Air Canada ranks last in on-time performance among 10 biggest North American airlines
MONTREAL — A new report says Air Canada ranked last in on-time performance among the 10 largest airlines in North America, as some carriers north of the border struggle to find their post-pandemic footing despite much better outcomes than the travel
Aug 10, 2023 3:18 PM
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Quebecor's Freedom Mobile purchase pushes it to big earnings gains
Quebecor Inc. says it added more than 1.8 million subscribers through its purchase of Freedom Mobile as it began to unveil new offerings for customers following its entry to the national wireless market last quarter.
Aug 10, 2023 2:45 PM
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