Stock market news for investors: Groupe Dynamite reports strong fourth quarter and adjusts 2025 outlook – MoneySense

Based on the result, the retailer behind the Garage and Dynamite banners now expects comparable sales growth for the 2025 financial year to be between 26.5% and 27.0%. The new guidance for the year ending January 31, compared with previous expectations, was between 25.5% and 27.5%. Groupe Dynamite also raised the lower end of its […]

Stock Market News for Investors: Canopy Growth to Acquire MTL Cannabis in $125 Million Deal – MoneySense

Canopy Growth CEO Luc Mongeau says MTL’s growing expertise, combined with his company’s scale, positions the company to improve product quality, expand offerings and accelerate the path to profitable growth. Under the terms of the agreement, MTL shareholders will receive 0.32 of a share of Canopy Growth common stock and 14.4 cents in cash for […]

Stock Market News for Investors: Fourth Quarter Earnings Arriving from Canada’s Big Banks – MoneySense

Sales totaled $9.80 billion, compared to $8.53 billion in the same quarter last year. The bank’s provision for credit losses for the quarter was $1.11 billion, compared with $1.03 billion a year ago. On an adjusted basis, Scotiabank says it earned $1.93 per diluted share in the latest quarter, compared to an adjusted profit of […]

News for Investors: Barrick settles dispute in Mali and Couche-Tard profits rise – MoneySense

A judge in Mali ordered in June that Barrick’s Loulo-Gounkoto gold complex be placed under provisional administration for six months. Under the deal announced Monday, Barrick says all charges against the company, its subsidiaries and employees will be dropped and steps will be taken for the release of the four detained Barrick employees. It also […]

Stock Market News for Investors: Barrick Leads Earnings Gains as Major Canadian Companies Report Mixed Third Quarter Results – MoneySense

Sales totaled $4.15 billion, up from $3.37 billion. On an adjusted basis, Barrick says it earned 58 cents per share in the latest quarter, compared with adjusted earnings of 30 cents per share a year ago. Gold production in the quarter totaled 829,000 ounces, compared to 943,000 ounces a year ago, while the company’s realized […]

Stock market news for investors: Air Canada’s third-quarter profit falls as strike weighs on results – MoneySense

The Montreal-based airline said operating revenue during the quarter came to $5.77 billion, down about 5% from $6.1 billion in the third quarter last year. The results for the three-month period ending September 30 include the three-day work stoppage of more than 10,000 flight attendants in August, which halted operations and caused more than 3,000 […]

Stock Market News for Investors: RBI Profits Rise as Tim Hortons and International Growth Boost Results – MoneySense

Under the transaction, Northern Superior shareholders will receive 0.0991 Iamgold shares and 19 cents in cash for each share of Northern Superior common stock. The offer implies an aggregate value of $2.05 per Northern Superior share, based on the closing price of Iamgold shares on the Toronto Stock Exchange on October 17. The transaction also […]

Stock Market News for Investors: Iamgold Expands, Teck Advances Merger Talks and Wealthsimple Reaches $100 Billion Milestone – MoneySense

Under the transaction, Northern Superior shareholders will receive 0.0991 Iamgold shares and 19 cents in cash for each share of Northern Superior common stock. The offer implies an aggregate value of $2.05 per Northern Superior share, based on the closing price of Iamgold shares on the Toronto Stock Exchange on October 17. The transaction also […]

Stock market news for investors: Cineplex and Aritzia post strong results despite industry headwinds – MoneySense

Cineplex says box office revenue for the third quarter totaled $159.5 million, up from $174.9 million a year earlier. Ellis Jacob, CEO of Cineplex, says that despite the difficult comparative figures last August, with the release of Deadpool & Wolverine, the box office performed well in the third quarter compared to a year ago. He […]