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CAE Inc. reports Q1 profit down from year ago, increases dividend as stock drops

CAE Inc. reports Q1 profit down from year ago, increases dividend as stock drops

MONTREAL — CAE Inc. shares dropped by as much as 14 per cent Wednesday after it reported first-quarter profits that fell below last year's earnings. The shares dipped to a low of $30.73 but closed down $1.64 or 4.6 per cent to $34.
Freshii shares plunge nearly 18% after second-quarter results miss expectations

Freshii shares plunge nearly 18% after second-quarter results miss expectations

Freshii Inc.

Feds: Capital One suspect may have hacked 30-plus companies

SEATTLE — Federal prosecutors say a woman charged in a massive data breach at Capital One may have hacked more than 30 other organizations.
WeWork reveals rapid growth and massive losses ahead of IPO

WeWork reveals rapid growth and massive losses ahead of IPO

NEW YORK — WeWork's parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back of massive losses as the office-sharing company prepares for a highly anticipated debut on the stock market
Retailers wrestle with a volatile trade policy with China

Retailers wrestle with a volatile trade policy with China

NEW YORK — Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American Textile Co., he and his team spent weeks on a comprehensive study analyzing how a 10% tariff set for Sept.

Warren Buffett's firm adds to its Amazon, bank investments

OMAHA, Neb. — Billionaire Warren Buffett's company has been adding more Amazon shares to its investment cart.
TSX and Dow plunge in worst day of the year on growing fears of recession

TSX and Dow plunge in worst day of the year on growing fears of recession

TORONTO — The main stock indexes in Canada and the U.S. suffered their worst day of the year on Wednesday as North American markets plunged on growing fears of a global recession.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,045.94, down 304.90 points ). Manulife Financial Corp. (TSX:MFC). Financial. Down 41 cents, or 1.83 per cent, to $21.96 on 8.
SNC-Lavalin faces renewed questions over future following bombshell report

SNC-Lavalin faces renewed questions over future following bombshell report

MONTREAL — SNC-Lavalin's sudden return to the spotlight brings renewed focus on the beleaguered engineering firm's health, along with the potential economic consequences if it continues its path of decline. SNC-Lavalin Group Inc.
Canada Goose shares down despite higher sales as loss, margins widen

Canada Goose shares down despite higher sales as loss, margins widen

TORONTO — Shares of Canada Goose Holdings Inc. fell as much as 10 per cent Wednesday as it reported a wider loss and worsened margins in its first quarter compared to a year earlier. The luxury parka company reported a loss of $29.