Canadian Business News
CBJ May 14 - Canadian coffee giant Tim Hortons Inc. yesterday reported a 19-per-cent rise in adjusted profit for the first quarter on its best Canadian same-store sales growth in two years, beating analyst expectations. For the quarter ended April 4, Tim Hortons earned ...
CBJ May 13 - Honeywell today announced it has signed an agreement valued at approximately $142 million USD (approximately $145 million CAD) to acquire Matrikon Inc., a company specializing in software that helps industrial manufacturers operate their plants safely, reliably and efficiently. The acquisition will ...
CBJ May 13 - The Habs stunned the Pittsburgh Penguins in a 5-2 win in Game 7 of the Eastern Conference semi-final. The Penguins fought hard, but trailing 4-0 after 25 minutes was too much to overcome, especially with Jaroslav Halak in net. Immediately ...
CBJ May 12 - The oil leak in the Gulf of Mexico and resulting uncertainty about future offshore supply won't likely send oil prices soaring anytime soon, finds a new report from CIBC World Markets Inc. CIBC's latest Global Positioning Strategy report also ...
CBJ May 12 - Canadian grocer Empire Co said on Wednesday that its Sobeys Inc division planned to open a new chain of discount food stores in the Toronto area as it ramps up the discount food fight in the area. Canada's No. 2 ...
CBJ May 11 - Installations of unlicensed software on personal computers (PC) in Canada fell from 32 to 29 per cent in 2009 representing a commercial value of US $943 million, according to the seventh annual Global Software Piracy Study released by the Business Software ...
CBJ May 11 - Toyota Motor Corp. forecast a slower-than-expected recovery in earnings this year as a stronger yen and Europe’s debt problems hamper efforts to undo the damage from the worst recall crisis in its history. The world’s largest auto maker comfortably beat ...
CBJ May 10 - RCMP will not probe BMO into what could be Canada’s biggest mortgage fraud. Both the RCMP and Calgary police announced last week they were reviewing more than 35,000 documents collected by the bank’s investigators to decide whether further investigation was warranted. ...
CBJ May 6 - The first Canadian Videogame Awards were handed out in Vancouver this evening, with Dragon Age: Origins from Electronic Arts/BioWare taking home two awards, including Canadian Game of the Year. Assassin's Creed II received a total of three awards and the other ...
CBJ May 6 - For the month of April, Air Canada reported a system load factor of 82.4 per cent on a consolidated basis with Jazz (from which Air Canada purchases regional capacity), versus 81.1 per cent in April 2009, an increase of 1.3 percentage ...
