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Sleep Country Canada earns $12.7 million in second quarter as revenues decline

Sleep Country Canada earns $12.7 million in second quarter as revenues decline

TORONTO — Sleep Country Canada Holdings Inc. reported net income of $12.7 million in the second quarter, down from $22.7 million last year. The Toronto-based company says revenues for the quarter were $217.2 million, down 4.6 per cent from $227.
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Indigo reports loss, lower sales as cyberattack effects carry into first quarter

Indigo reports loss, lower sales as cyberattack effects carry into first quarter

TORONTO — Indigo Books & Music Ltd. says it lost $28.5 million in its first quarter, compared with a loss of $25.4 million in the same quarter last year. The Toronto-based retailer says revenue for the quarter ended July 1 was $179.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,342.88, up 67.61 points): Suncor Energy Inc. (TSX:SU). Energy. Down 19 cents, or 0.45 per cent, to $42.41 on 12.9 million shares.
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Dye & Durham completes sale of TM Group to Aurelius

Dye & Durham completes sale of TM Group to Aurelius

TORONTO — Dye & Durham Ltd. says it has completed the sale of its TM Group business to alternative investment firm Aurelius in an agreement worth up to 91 million pounds.
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Unifor, Detroit Three kick off contract talks amid inflation, EV transition pressures

Unifor, Detroit Three kick off contract talks amid inflation, EV transition pressures

TORONTO — Unifor national president Lana Payne emphasized that autoworkers expect to make significant wage and benefit gains as the union kicked off contract talks with the Detroit Three on Thursday.
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S&P/TSX composite index keeps climbing on Thursday, U.S. markets also rise

S&P/TSX composite index keeps climbing on Thursday, U.S. markets also rise

TORONTO — Canada's main stock market index posted a small gain Thursday as it continued its climb this week, helped by strength in financial, telecom and technology stocks, while U.S. markets also rose after the latest inflation report.
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Stock market today: Wall Street ends mixed after US inflation report

Stock market today: Wall Street ends mixed after US inflation report

NEW YORK (AP) — Stocks wobbled to a mixed close on Wall Street following the latest update on inflation across the U.S. The S&P 500 ended just barely higher Thursday after having been up as much as 1.3% earlier in the day.
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Canadian Tire profits fall as consumer spending on discretionary products sags

Canadian Tire profits fall as consumer spending on discretionary products sags

TORONTO — Demand for non-essential items at Canadian Tire stores took a dive last quarter as the company said customers are increasingly feeling the pinch of higher inflation and interest rates. Those struggles prompted Canadian Tire Corp. Ltd.
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Audit finds 800 items missing from Canadian history museum, no plan to deal with it

Audit finds 800 items missing from Canadian history museum, no plan to deal with it

OTTAWA — An investigation by Canada's auditor general found the Canadian Museum of History's conservation system is putting its collections at risk.
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Air Canada ranks last in on-time performance among 10 biggest North American airlines

Air Canada ranks last in on-time performance among 10 biggest North American airlines

MONTREAL — A new report says Air Canada ranked last in on-time performance among the 10 largest airlines in North America, as some carriers north of the border struggle to find their post-pandemic footing despite much better outcomes than the travel
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