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Encana posts US$1.7-billion loss amid writedowns, lower prices for oil and gas

2015-05-12 20:07:15| Energy - Topix.net

Encana Corp. had a US$1.7-billion net loss in the first quarter and a 98 per cent drop in operating earnings as it felt the impact of lower oil and gas prices. Excluding those and other items, Encana had $9 million of operating earnings, which was better than analyst estimates but down from $515 million a year earlier.

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US stocks move lower amid bond market volatility

2015-05-12 19:08:39| IT Services - Topix.net

U.S. stocks edged lower in midday trading Tuesday, recovering much of an early tumble. Investors weighed the implications of a global slide in bond prices.

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US stocks move lower amid bond market volatility

2015-05-12 18:55:53| Telecom - Topix.net

U.S. stocks edged lower in midday trading Tuesday, recovering much of an early tumble. Investors weighed the implications of a global slide in bond prices.

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Talon International swings to Q1 loss on lower sales

2015-05-12 18:21:00| Daily apparel & textile news and comment - from just-style.com

Apparel fastener, zipper and trim supplier Talon International swung to a loss during its first-quarter, primarily due to lower sales.

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UPDATE 1-Air Canada adj profit beats estimates due to lower fuel costs

2015-05-12 17:37:18| Airlines - Topix.net

Air Canada reported better-than-expected adjusted first-quarter earnings on Tuesday as fuel costs fell and other operating costs improved, and lowered its forecast for a key cost measure. Canada's biggest airline said it expects adjusted operating expense per available seat mile to fall between 1.5 percent and 2.5 percent for 2015.

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