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Bausch Health shares plunge amid spin-off, weaker outlook
LAVAL, Que. — Bausch Health Companies Inc. stock plummeted by a quarter Tuesday morning after the company missed earnings expectations and lowered its outlook for the year. The plunge of $4.04, or 24.08 per cent, to $12.
May 10, 2022 9:58 AM
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UK govt sets out big plans, but little cost of living relief
LONDON (AP) — Britain’s Conservative government set out its agenda for the next year on Tuesday with sweeping promises to cut crime, improve health care and revive the U.K.
May 10, 2022 9:31 AM
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After a raise, watch out for lifestyle creep eating into potential savings
In early April, Kelsey Cruz did what many are doing at this time of low unemployment and high demand for talent, she left a job she loved for another that promised her new challenges and a higher salary.
May 10, 2022 9:30 AM
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Canadian Association of Energy Contractors raises drilling forecast for the year
CALGARY — The Canadian Association of Energy Contractors is raising its forecast for oil and natural gas drilling following what it said was a robust first quarter due to stronger than expected oil and gas prices.
May 10, 2022 9:12 AM
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Pet Valu reports Q1 profit and revenue up, raises full-year guidance
MARKHAM, Ont. — Pet Valu Holdings Ltd. reported first-quarter profit of $22.6 million, up from $3.4 million a year ago, and raised its full-year revenue outlook.
May 10, 2022 8:16 AM
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Wattpad CEO Allen Lau stepping aside, will take on executive adviser role
TORONTO — Wattpad Corp.'s founder says he is stepping away from his chief executive officer role about a year after the company was acquired by a South Korean internet conglomerate.
May 10, 2022 8:12 AM
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George Weston reports Q1 profit, raises quarterly dividend 10 per cent
TORONTO — George Weston Ltd. raised its dividend by 10 per cent as it reported a profit attributable to shareholders in its latest quarter compared with a loss a year ago. The company, which owns large interests in Loblaw Companies Ltd.
May 10, 2022 6:32 AM
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Spain fires intelligence chief amid phone hacking scandals
BARCELONA, Spain (AP) — Spain's government fired the director of the country's top intelligence agency Tuesday following the hacking of politicians’ cellphones, including the devices of the prime minister and several supporters of the Catalonia regio
May 10, 2022 6:08 AM
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Sony's profit surges on healthy film, game, music growth
TOKYO (AP) — Sony’s fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as the Japanese entertainment and electronics company racked up profits in video game and movie divisions. Tokyo-based Sony Corp.
May 10, 2022 2:58 AM
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Suncor Energy reports earnings of $2.95B as oil prices surge
CALGARY — Suncor Energy Inc. says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher.
May 9, 2022 6:23 PM
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