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Telecom-media giant BCE posts lower Q1 net profit due to Quebecor court battle

2015-04-30 15:44:50| Telecom - Topix.net

BCE Inc. reports that its first-quarter profit suffered from a $137-million expense related to a long-running court battle with rival Quebecor but, after adjusting for that, its telecom and media business showed growth from last year. The Montreal-based company said its net income attributable to shareholders in the first quarter was $532 million, down 13.5 per cent from the same time last year.

Tags: net due posts lower

 

Oilsands giant Suncor Energy posts $341-million net loss in first quarter

2015-04-30 06:44:10| Oil & Gas - Topix.net

Suncor Energy Inc. , Canada's largest oilsands producer, posted a $341 million net loss during the first three months of 2015, when crude prices hovered around a meagre US$50 a barrel. During the same period a year earlier, the Calgary-based company turned a net profit of about $1.49 billion.

Tags: net posts loss energy

 
 

Bond giant Pimco hires Ben Bernanke

2015-04-30 03:00:29| BBC News | Business | UK Edition

US bond giant Pimco hires former US Federal Reserve chairman Ben Bernanke after the departure of 'bond king' Bill Gross last year.

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35-year biotech industry veteran: The days of giant R&D investments are gone

2015-04-30 00:54:31| Biotech - Topix.net

Steve Gillis arguably has one of the most comprehensive perspectives of the biotech and life science industry in Washington state. He started his career as a Fred Hutch researcher and then co-founder of Immunex, a biotech company that sparked the industry in the Puget Sound region.

Tags: days industry gone investments

 

Toy giant Mattel stops production of its SeaWorld-branded Barbie in ...

2015-04-29 03:40:29| Toys - Topix.net

Toy giant Mattel stops production of its SeaWorld-branded Barbie in response to ongoing controversy surrounding the treatment of whales at the water parks Toy giant Mattel has tossed its SeaWorld Barbie doll overboard, reportedly in response to the ongoing controversy surrounding the treatment of animals by the decades-old water park chain. Mattel Inc has confirmed that it has ended production of its SeaWorld-themed items, including the original 'trainer' doll, a move cheered by animal rights group PETA, which has long been a leading critic of the theme park for its treatment of killer whales.

Tags: production giant toy stops

 

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