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CGI reports Q1 profit down due to one-time restructuring and integration costs

CGI reports Q1 profit down due to one-time restructuring and integration costs

MONTREAL — CGI Inc. says its first-quarter profit fell compared with a year ago as it was hit by one-time restructuring costs and integration expenses. The technology and business consulting firm says it earned $290.2 million or $1.
As Let's Talk Day turns 10, experts struggle to pin down its value to Bell

As Let's Talk Day turns 10, experts struggle to pin down its value to Bell

TORONTO — Wednesday marks the 10th edition of Bell Canada's Let's Talk Day in support of mental health initiatives, an event that has become one of the country's best-known examples of corporate outreach.
CN Q4 earnings drop but CEO cautiously optimistic about second half of 2020

CN Q4 earnings drop but CEO cautiously optimistic about second half of 2020

MONTREAL — Canadian National Railway Co. saw its profits plunge last quarter with a week-long strike and thinner freight demand denting revenues, though CEO JJ Ruest expressed cautious optimism about the second half of 2020.
Apple holiday season tops projections as iPhone bounces back

Apple holiday season tops projections as iPhone bounces back

SAN FRANCISCO — Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity of its smartwatch, digital services and wireless earbuds.
In grinding manufacturing slump, 3M cuts another 1,500 jobs

In grinding manufacturing slump, 3M cuts another 1,500 jobs

A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that makes Post-it notes as well as industrial coatings and ceramics.
Pfizer posts 4Q loss, misses Street views, on lower revenue

Pfizer posts 4Q loss, misses Street views, on lower revenue

Pfizer's ongoing restructuring is significantly reducing revenue, resulting in a $337 million loss in its fourth quarter and a miss of Wall Street's profit expectations.

Bad timing: New virus poses threat to fragile world economy

This should be peak season for a 12-room hotel near the train station in the Chinese industrial hub of Wuhan. The Chinese New Year usually brings in plenty of travellers and delivers profits of around $3,000 a month. But the place is empty.
Detour-Kirkland Lake sale largest of three gold-mining deals approved Tuesday

Detour-Kirkland Lake sale largest of three gold-mining deals approved Tuesday

Canadian gold-mining shareholders lined up on Tuesday to endorse three ownership change transactions. In the largest deal, investors approved the sale of Detour Gold Corp. to rival Kirkland Lake Gold Ltd. for $4.
North American stock markets partially recover from losses over virus concerns

North American stock markets partially recover from losses over virus concerns

TORONTO — North American stock markets partially recovered Tuesday from the worst drop in nearly four months on heightened concerns about the impact of the coronavirus outbreak in China.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,500.88, up 58.36 points). Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 8.33 per cent, to $1.30 on 9.7 million shares.
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