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Aimia reports $23.3M net loss in Q4 as it prepares to close Trufopes, Bozzetto deals

Aimia reports $23.3M net loss in Q4 as it prepares to close Trufopes, Bozzetto deals

TORONTO — Aimia Inc. reported a $23.3 million net loss in its most recent quarter, a period that preceded two manufacturing acquisitions. The Toronto-based holding company says its fourth quarter results compared with a net loss of $14.
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Bank fears spread to Europe, drag down shares of big lenders

Bank fears spread to Europe, drag down shares of big lenders

GENEVA (AP) — Fears about the world banking system spread to Europe on Wednesday as shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders in the wake of bank failures in the United States .
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Oil prices plunge, Canadian energy stocks take beating as global banking fears spread

Oil prices plunge, Canadian energy stocks take beating as global banking fears spread

CALGARY — Crude oil prices plunged below US$70 and Canadian energy stocks took a beating Wednesday as market chaos continued amid concerns about a spreading bank crisis.
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Alimentation Couche-Tard Inc. reports earnings of US$737M in third quarter

Alimentation Couche-Tard Inc. reports earnings of US$737M in third quarter

LAVAL, Que. — Alimentation Couche-Tard Inc. says it earned US$737.4 million in its third quarter ended Jan. 29, down 1.2 per cent from a year earlier. The Laval, Que.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,378.84, down 315.32): Suncor Energy Inc. (TSX:SU). Energy. Down $2.80, or 6.50 per cent, to $40.27 on 15.4 million shares.
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S&P/TSX composite falls more than 300 points on bank fears, U.S. markets mixed

S&P/TSX composite falls more than 300 points on bank fears, U.S. markets mixed

TORONTO — Canada's main stock index sank Wednesday, pulled down by the energy and financial sectors as mounting apprehensions over the global banking sector spread, while U.S. markets were mixed as the tech sector held its own.
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Flair launches $50-million lawsuit against leasing companies after plane seizures

Flair launches $50-million lawsuit against leasing companies after plane seizures

MONTREAL — Flair Airlines has filed a $50-million lawsuit against several plane-leasing companies over the "unlawful" seizure of four of its aircraft last weekend
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Wall Street falls on new bank fears, bond yields plunge

Wall Street falls on new bank fears, bond yields plunge

NEW YORK (AP) — Stocks fell amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 closed with a decline of 0.7%.
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Canadian home sales drop 40 per cent in February compared with year ago

Canadian home sales drop 40 per cent in February compared with year ago

February's home sales plummeted 40 per cent from a year ago to levels not seen since before the pandemic as new listings and prices also dropped in what one economist called "hints of a bottoming process.
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Magnet Forensics deal draws conflicting advice from proxy advisors

Magnet Forensics deal draws conflicting advice from proxy advisors

Investors are getting conflicting advice from independent proxy advisors on whether the takeover price for cybersecurity firm Magnet Forensics Inc. is fair. Glass Lewis & Co.
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