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Magna International reports Q4 profit and sales up from year earlier, raises dividend

Magna International reports Q4 profit and sales up from year earlier, raises dividend

TORONTO — Magna International Inc. raised its dividend as it reported its fourth-quarter profit and sales rose compared with a year ago. The auto parts maker, which keeps its books in U.S. dollars, says it will pay a quarterly dividend of 47.
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Fortis reports $381M Q4 profit, up from $370M a year earlier

Fortis reports $381M Q4 profit, up from $370M a year earlier

ST. JOHN'S, N.L. — Fortis Inc. reported a fourth-quarter profit of $381 million, up from $370 million a year earlier. The electric and gas utility says the profit amounted to 78 cents per diluted share for the quarter ended Dec. 31.
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A volcano in Iceland is erupting again, spewing lava and cutting heat and hot water supplies

A volcano in Iceland is erupting again, spewing lava and cutting heat and hot water supplies

GRINDAVIK, Iceland (AP) — A volcano in southwestern Iceland erupted Thursday for the third time since December , sending jets of lava into the sky, triggering the evacuation of the popular Blue Lagoon geothermal spa and cutting heat and hot water to
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Tobacco firm 'disappointed' in B.C. restriction on flavoured nicotine pouch sales

Tobacco firm 'disappointed' in B.C. restriction on flavoured nicotine pouch sales

MONTREAL — A major Canadian tobacco company says it is "extremely disappointed" by British Columbia's decision to move the sale of flavoured nicotine pouches behind pharmacy counters.
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Aurora Cannabis buys Australian medical pot firm as losses continue

Aurora Cannabis buys Australian medical pot firm as losses continue

Aurora Cannabis Inc. bolstered its international presence Thursday with a deal to buy the 90 per cent of Australian medical cannabis company MedReleaf Australia it didn't already own.
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Bell ends some CTV newscasts, sells radio stations in media shakeup amid layoffs

Bell ends some CTV newscasts, sells radio stations in media shakeup amid layoffs

Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations.
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Competition Bureau investigating use of restrictive property clauses in grocery

Competition Bureau investigating use of restrictive property clauses in grocery

The Competition Bureau is investigating the use of restrictive real estate clauses in the Canadian grocery sector.
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Indigo Books & Music earns $10 million in third quarter, revenues dip

Indigo Books & Music earns $10 million in third quarter, revenues dip

TORONTO — Indigo Books & Music Inc. says it earned $10 million in the latest quarter, down from $34.3 million a year earlier. The retailer says revenues for its third quarter ended Dec. 30 were $370.6 million, down from $422.
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US applications for unemployment benefits fall again despite recent layoff announcements

US applications for unemployment benefits fall again despite recent layoff announcements

The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently. Applications for unemployment benefits fell by 9,000 to 218,000 for the week ending Feb.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,919.64, down 49.54 points): Enbridge Inc. (TSX:ENB). Energy. Down 15 cents, or 0.32 per cent, to $46.20 on 10.3 million shares.
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