Insights and Stories on Profit

Dec. 3, 2019 at 5:00 pm CST

Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent […]

By Reuters

Feb. 28, 2019 at 4:29 pm CST

Reuters — Packaged meat producer Maple Leaf Foods missed analysts’ estimates for quarterly profit on Thursday, as weak pork prices offset growth in its prepared meats business. Pork prices have taken a beating from the Sino-U.S. trade war, with China’s retaliatory tariffs affecting demand from the South Asian country, which […]

By Reuters

May. 2, 2018 at 1:42 pm CDT

Reuters — Meat packer Maple Leaf Foods posted a smaller-than-expected quarterly profit as lower prices and a temporary interruption in supplies hurt sales of its pork products, sending its shares to their lowest in nearly two years. The company, one of Canada’s biggest pork processors, said that processed fresh pork […]

By Nishara Karuvalli Pathikkal

Mar. 27, 2018 at 8:26 pm CDT

Reuters — Canadian railway operators see a lucrative opportunity to transport more crude oil to the U.S. as a rise in output forces producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country […]

By Ahmed Farhatha, Anirban Paul

Mar. 27, 2018 at 3:45 am CDT

Luis Eduardo Magalhaes, Brazil | Reuters –– Farmers tending vast, flat soy and cotton fields that spread as far as the eye can see in northeastern Brazil are finding that coffee crops might provide higher profits in the country’s agricultural frontier. More coffee farms are being developed in the western […]

By roberto-samora