Hot finance and business news.
Deere & Co. says third-quarter net income jumped 15 percent and it’s boosting its sales outlook for the year with global demand for its green and gold equipment remaining strong.
Deere said Wednesday that it generated $712.3 million, or $1.69 per share, in the quarter that ended July 31. That’s up from $617 million, or $1.44 […]
Tropical Storm Gert continues to weaken as it heads northeast into the open waters of the Atlantic after skirting past Bermuda.
The storm’s maximum sustained winds had decreased to 40 mph (64 kph) as of late Tuesday morning. The U.S. National Hurricane Center in Miami says additional weakening is forecast and Gert will likely lose its […]
When it comes to weathering economic storms, South Koreans can rightly claim more familiarity than most with the harrowing experience of seeing hard-won prosperity evaporate.
Ever since the East Asian economic crisis spread to its shores in late 1997, government officials, media and ordinary citizens have kept up a nervous vigilance against any hint of turmoil.
The […]
OAKVILLE, ONT.—Coffee store chain Tim Hortons (TSX: THI) reported Thursday a second-quarter profit of $95.5 million, up slightly from a year-earlier $94.1 million as revenues jumped nearly 10 per cent.
That amounted to net earnings of 58 cents per share, compared with 54 cents per share in the same period a year earlier.
Factoring out a three […]
Filed under: debt, management by Finance Boss
Comments Off
One of the myths surrounding the 33 miners who were so dramatically rescued after being trapped for 69 days deep inside a Chilean copper mine is that they’re all millionaires and no longer need to work.
The truth: nearly half the men have been unemployed since their mine collapsed one year ago Friday, and just one, […]
A typical Toronto household will see its electricity bill drop by 91 cents a month under new rates approved for Toronto Hydro.
The new rates, set by the Ontario Energy Board, are effective May 1, 2011, so bills will be slightly adjusted to make up for the past three months.
The energy board says a typical household […]
Filed under: finance, homeowners by Finance Boss
Comments Off
Britain’s spreading phone hacking and police bribery scandal forced two of London’s top police officers to resign in less than 24 hours and prompted Prime Minister David Cameron on Monday to call for an emergency session of parliament.
Scotland Yard chief Paul Stephenson stepped down Sunday night, followed out the door Monday by Assistant Commissioner John […]
Strong sales of Barbie and toys tied into Disney/Pixar’s “Cars 2″ helped Mattel’s second-quarter net income rise 56 percent, the largest U.S. toy maker said Friday.
Net income for the three months ended June 30 rose to $80.5 million, or 23 cents per share, from $51.6 million, or 14 cents per share, last year. Analysts expected […]
Three years ago, fast-growing project management firm Greenferd Construction Inc. was struggling with an IT setup that had become a distraction, a drag on its ability to meet the information needs of staff in the field.
The Richmond Hill firm