Tag: Results

Brookfield Business Partners Reports 2020 Year End Results

BROOKFIELD, News, Feb. 05, 2021 (GLOBE NEWSWIRE) — Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today financial results for the year ended December 31, 2020.

“Our business was resilient in 2020 reflecting the quality of the companies we own and our disciplined approach to risk management which served us well in a challenging operating environment,” said Cyrus Madon, CEO of Brookfield Business Partners. “We remain focused on building value in our business and are well positioned with strong liquidity to execute on growth opportunities as investment activity continues to accelerate.”

  Three Months Ended
December 31,
  Twelve Months Ended
December 31,
US$ millions (except per unit amount), unaudited 2020   2019   2020   2019
Net income (loss) attributable to unitholders1 $ 85     $ (105 )   $ (169 )   $ 88  
Net income (loss) per limited partnership unit2 $ 0.56     $ (0.70 )   $ (1.13 )   $

Canada Goose Reports Results for Third Quarter Fiscal 2021

TORONTO–(BUSINESS WIRE)–Canada Goose Holdings Inc. (“Canada Goose” or the “Company”) (NYSE:GOOS, TSX:GOOS) today announced financial results for the third quarter ended December 27, 2020.

“The global strength of our brand and digital business has returned Canada Goose to growth in our biggest quarter. Through HUMANATURE, we are also rapidly advancing our sustainability and purpose-based commitments,” said Dani Reiss, President & CEO. “While we remain in an uncertain world, we are very encouraged by our strong momentum as we finish the fiscal year.”

Third Quarter Fiscal 2021 Business Highlights (compared to Third Quarter Fiscal 2020)

  • Global e-Commerce revenue increased by 39.3%.
  • DTC revenue in Mainland China increased by 41.7%.
  • Total revenue increased for the first time since the onset of the pandemic.

Third Quarter Fiscal 2021 Results (compared to Third Quarter Fiscal 2020)

  • Total revenue was $474.0m from $452.1m.
    • DTC revenue was $299.4m from $301.8m driven by e-Commerce growth

Rogers Sugar Reports First Quarter 2021 Results, Provides for Higher Volumes Outlook for Sugar and Maple Business Segments for Fiscal 2021

The MarketWatch News Department was not involved in the creation of this content.

MONTREAL, Feb. 03, 2021 (GLOBE NEWSWIRE) — Rogers Sugar Inc.’s (“our,” “we”, “us” or “Rogers”) (TSX: RSI) today reported first quarter fiscal 2021 results with Adjusted EBITDA of $27.6 million and net earnings of $13.8 million ($0.13 per share).

“Our commitment to providing high quality products and customer service is core to our long-term business strategy,” said John Holliday, President and Chief Executive Officer of Rogers and Lantic Inc. “During the quarter, we continued to meet our customers’ demands, despite the impacts of COVID-19. In several areas, COVID-19 is driving strong increases in demand, leading to improved revenue and sales volumes. In other areas, it is adding costs to how we manage the demand volatility and keep our people safe. Despite the ongoing impacts from COVID-19, we expect

Overseas Flows and Their Results on Govt of Canada Yields

Latest Traits in Expense Flows into Canada

The GoC bond marketplace is big, liquid and safe and sound. As of Could 2015, GoC treasury charges and bonds outstanding&#13
totalled $637 billion and, due to the fact 2004, they have carried a triple-A ranking (the greatest credit rating rating) from all&#13
companies. The GoC current market is also deemed highly liquid by global standards, with effective bid-ask&#13
spreads equivalent with all those of other very liquid assets, this sort of as U.S. Treasuries or German Bunds.

Considering that late 2008, net portfolio investment in Canadian federal governing administration bonds by international traders has&#13
enhanced to a document level. By the conclusion of 2012, overseas investors had bought all around $150 billion of GoC charges and bonds, doubling their share of overall excellent bonds from 15 per cent in late 2008. These types of a substantial and swift adjust in their relative

Canagold Resources Summarizes 2020 Results and Outlines 2021 Plans to Advance the High Grade New Polaris Gold Mine Project, British Columbia

VANCOUVER, BC / ACCESSWIRE / January 14, 2021 / Canagold Resources Ltd. (TSX:CCM)(OTCQB:CRCUF)(FSE:CAN) highlights the results of its 2020 activities and outlines its 2021 plans to advance the high grade New Polaris gold mine project in BC and other gold exploration projects in the USA and Canada.

2020 Highlights: Corporate

  • Completed a name change to Canagold Resources Ltd. and a 5:1 share consolidation.
  • Strengthened the Board of Directors with the addition of Andrew Bowering.
  • Strengthened the Management Team with the addition of Troy Gill as Vice-President of Exploration.
  • Closed a private placement of common shares for gross proceeds of CAD $8.4 million.

New Polaris Project, British Columbia

  • Updated Preliminary Economic Assessment (PEA) for New Polaris at US$1500 gold price and $0.71 exchange rate which improved NPV to US$333 million and IRR to 56% after tax.
  • The undiscounted pre-tax, life-of-mine cash flow totals CAD$847 million with a 68% IRR and a

The sleeper concern that will determine the foreseeable future of Canada’s economic results

a traffic light with a building in the background: Business investment is the sleeper issue that will determine whether the economy emerges from the COVID-19 crisis with purpose in 2021, or merely muddles along as it did in the aftermath of the Great Recession.

© Presented by Fiscal Publish
Company investment is the sleeper concern that will ascertain no matter whether the economic climate emerges from the COVID-19 crisis with intent in 2021, or simply muddles together as it did in the aftermath of the Great Economic downturn.

Eyes roll on Bay Avenue when Key Minister Justin Trudeau and his cupboard ministers describe outdated-fashioned government expending as “investment,” but Ottawa has a excellent riposte: someone has to do it.

“Businesses are reluctant to make significant bets,” industry minister Navdeep Bains reported past thirty day period in a yr-finish job interview . “We as a govt have done so in the past and will go on to do so, but if we are to truly develop jobs and unlock much more development opportunities and improve our efficiency as opposed to the U.S. and other jurisdictions, businesses want to step up.”

Investment decision is the sleeper

CORRECTING and REPLACING Accenture Reports Very Strong First-Quarter Results and Raises Business Outlook for Fiscal 2021

CORRECTING and REPLACING Accenture Reports Very Strong First-Quarter Results and Raises Business Outlook for Fiscal 2021

— Revenues are $11.8 billion, an increase of 4% in U.S. dollars and 2% in local currency, more than $200 million above the company’s guided range, including a reduction of approximately 2 percentage points from a decline in revenues from reimbursable travel costs —

— GAAP EPS are $2.32, an 11% increase from $2.09 for the first quarter last year, including gains on an investment of $0.15 and $0.08, respectively; excluding these gains, adjusted EPS of $2.17 are up 8% from $2.01 in the first quarter last year —

— Operating income increases 7% to $1.89 billion, with operating margin of 16.1%, an expansion of 50 basis points —

— New bookings are $12.9 billion, a 25% increase from the first quarter last year, with consulting bookings of $6.6 billion and outsourcing bookings of

Accenture Reports Very Strong First-Quarter Results and Raises Business Outlook for Fiscal 2021

The MarketWatch News Department was not involved in the creation of this content.

Accenture (NYSE: ACN) reported financial results for the first quarter of fiscal 2021, ended Nov. 30, 2020, with revenues of $11.8 billion, an increase of 4% in U.S. dollars and 2% in local currency over the same period last year. Revenue growth for the quarter was reduced approximately 2 percentage points by a decline in revenues from reimbursable travel costs.

GAAP diluted earnings per share were $2.32, an 11% increase from $2.09 for the first quarter last year, including gains on an investment of $0.15 and $0.08, respectively. On an adjusted basis, EPS of $2.17 increased 8% from $2.01 for the first quarter last year.

Operating income was $1.89 billion, a 7% increase over the same period last year, and operating margin was 16.1%, an expansion of 50 basis points.

New bookings for the quarter were $12.9

Trudeau: Canada has confidence in U.S. election results

Trudeau pointed out that Biden will be the 3rd U.S. president all through his tenure as Canadian primary minister, and said he will get the job done with any U.S. administration. “That’s what Canadians be expecting of me.”

Canada-China relations: Trudeau was also asked about the circumstance of Michael Kovrig and Michael Spavor, who have now been held in China for 700 times in apparent retaliation for Canada’s arrest of Huawei executive Meng Wanzhou on a U.S. extradition request.

The primary minister explained he will carry on to work with all of Canada’s allies on the circumstance, like the Biden administration. He reported he’s confident Biden will enable Canada to impress on China that the “arbitrary detention of two Canadians” isn’t performing in China’s favor.

Common passions: The Liberal governing administration would seem to be wanting ahead to a