Shares in Calgary-based Trinidad Drilling Ltd. leaped by almost 15 per cent on Monday after cross-town rival Ensign Energy Services Inc. announced it would make a hostile $470-million cash takeover bid.
Home Capital Q2 income falls short of estimates
Home Capital Group Inc. says it earned nearly $30 million in its most recent quarter, but fell just short of analyst estimates.
Netflix CFO to step down after overseeing cash-fuelled expansion
Netflix Inc. said Chief Financial Officer David Wells plans to step down after eight years on the job in which the streaming service transformed itself into a content powerhouse big enough to rival Hollywood.
VF to pivot away from Wrangler, Lee jeans to focus on activewear
VF Corp. plans to spin off its Lee and Wrangler jeans business to focus on faster-growing outdoor products and active wear such as its North Face and Vans brands.
Alaska Air suicide flight highlights gaps in airport security
Step inside the cockpit of an empty commercial aircraft and the pilot controls are yours. You don’t need a key or any special passcode to power up the plane and fly it away, whether it’s a small regional jet or a giant twin-deck Airbus A380.
As Aimia charts new Aeroplan future, some customers ‘left in the dark’
“I’m disappointed, honestly. This is one of the only rewards programs that has worked for me. I’ve been pretty happy with the program overall.”
Bayer drops after Monsanto loses verdict in Roundup cancer trial
Shares of Bayer AG plunged by the most in over two years in Germany after Monsanto Co., the U.S. agrochemical giant it acquired, was socked with $289 million in damages in the first trial over claims that the Roundup weed killer causes cancer.
Freshii shares sink as Q2 earnings disappoint
Freshii share prices tumbled 10 per cent in midday trading as the Toronto-based restaurant chain missed earnings expectations for the second quarter.
Court dismisses CN's appeal of decision on clamorous Winnipeg railway
The Federal Court of Appeal has dismissed a challenge by the Canadian National Railway Company to an earlier ruling that CN's railway activity was too noisy for residents.
Nike is sued for sex discrimination by former female employees
Nike Inc. was sued for sexual discrimination by former female employees who say women were "devalued and demeaned" by the company, where they are passed over for promotions, paid less than their male counterparts and ignored when they complain.