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Lowe's disappoints on 4Q sales, full-year outlook

Lowe's disappoints on 4Q sales, full-year outlook

NEW YORK — Lowe's Cos. on Wednesday reported weaker-than-expected sales for its fiscal fourth quarter and offered an annual forecast that came below Wall Street expectations.
Delta reduces flights to Korea as virus outbreak spreads

Delta reduces flights to Korea as virus outbreak spreads

Delta Air Lines is reducing flights to South Korea while Hawaiian Airlines will suspend them entirely, as airlines deal with growing concern about the spread of the new virus beyond China.
Rogers CEO: Canada's wireless prices have fallen, CRTC shouldn't intervene

Rogers CEO: Canada's wireless prices have fallen, CRTC shouldn't intervene

GATINEAU, Que. — Rogers chief executive Joe Natale and his team of executives made several attempts Wednesday to dispel a widely held view that this country's wireless services are overly high by world standards.

WSP Global again misses expectations as 2019 capped by weaker fourth quarter

MONTREAL — WSP Global Inc. missed expectations as it capped 2019 with a weaker fourth quarter than in the previous year. The Montreal-based engineering consultant says its net income attributable to shareholders was $40.
TSX gains in 2020 wiped away after fourth triple-digit decline in a row

TSX gains in 2020 wiped away after fourth triple-digit decline in a row

TORONTO — Canada's main stock index saw all of this year's gains wiped away Wednesday with a fourth day of triple-digit declines over concerns about the impact of the novel coronavirus outbreak. The S&P/TSX composite index closed down 135.
U.S. department store chain cuts ties with Peter Nygard after allegations

U.S. department store chain cuts ties with Peter Nygard after allegations

One of the largest clothing retailers in the United States is cutting ties with Peter Nygard following multiple allegations of sexual assault against the Canadian fashion mogul.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,041.92, down 135.45 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down two cents, or 1.67 per cent, to $1.18 on 22.

Kinaxis shares rise after acquisition of India-based Prana Consulting

OTTAWA — Shares of Kinaxis Inc. shot up about 11 per cent after the company announced it had acquired India-based Prana Consulting Inc. to boost its global supply chain business.
High Liner Foods beats fourth-quarter expectations in transformative year

High Liner Foods beats fourth-quarter expectations in transformative year

LUNENBURG, N.S. — High Liner Foods Inc. beat expectations as it capped what the Nova Scotia company called a transformative year.
CIBC first-quarter profit beats expectations as company embarks on restructuring

CIBC first-quarter profit beats expectations as company embarks on restructuring

TORONTO — Canadian Imperial Bank of Commerce is in the midst of an overhaul involving job losses and a slew of new faces in top roles with a goal of simplifying the bank.