Occidental Petroleum Corp. triggered a bidding war for Anadarko Petroleum Corp. after making a US$57 billion counter-offer in attempt to break up a proposed takeover by Chevron Corp.
Lululemon plans to double revenue from men's line, digital sales by 2023
Lululemon says growing its men's line will be part of its ongoing product innovation that includes expanding its core women's business and adding new categories, like selfcare.
Boeing suspends earnings forecast on grounding of 737 Max
Boeing Co. suspended its 2019 financial forecast as executives grapple with one of the worst crises in the planemaker’s century-long history.
AT&T loses more quarterly subscribers as it focuses on debt
AT&T Inc. lost more wireless and TV subscribers than anticipated last quarter as the phone giant focuses on reducing debt stemming from its megadeal to buy Time Warner.
Walt Disney Co. Chief Executive Officer Bob Iger said he’s not at all concerned that consumers may be overexposed to the Star Wars brand, but the film franchise will go on “hiatus” after December’s big release.
Cenovus says it's 'crystal clear' Alberta production cuts are working
Cenovus Energy Inc. reported a profit of $110 million in its first quarter compared with a loss a year ago as it benefited from improved prices for western Canadian oil.
Tesla’s earnings are expected to be ugly
The time has finally come for the market to find out just how ugly Tesla Inc.’s first quarter was.
CP Rail Q1 profit rises 25% on higher crude revenues
The Calgary-based company says its net income rose 25 per cent to $434 million in the quarter ended March 31, compared to $348 million in the same period in 2018.
Caterpillar climbs as mining business boosts results
Caterpillar Inc. profit and sales beat estimates for the first quarter, driven by a boost in its mining business that may help ease investor concerns that trade tensions and signs of slowing global growth would be a drag on the heavy-equipment maker.
Tesla is bringing back its cheaper Model S and Model X
After a record decline in vehicle deliveries in the first quarter, Tesla Inc. is introducing lower-priced versions of several models, effectively offering consumers a discount.