Sears Canada sales decline

Sears Canada Inc.has reported a 1.9 per cent decline in comparable-store sales in its first quarter.
The department store chain operator said Wednesday net income […]

U.S. backlog of unsold homes grows

WASHINGTON – Sales of existing homes in the United States fell for the eighth time in the past nine months, with the backlog of […]

Ontario liquor sales hit record $4.1 billion

A preference for higher-priced wines and other drinks helped the Liquor Control Board of Ontario put a $1.35 billion "dividend" in the province’s pocket, but […]

Questions surround BCE deal

BCE Inc. insists its $52 billion takeover is expected to close by the end of next month as planned, despite a report that the deal’s […]

GE seeking sale, spinoff for iconic appliance unit

BOSTON–General Electric Co. confirmed yesterday it may sell or spin off its century-old appliances unit, saying the business was too focused on the United […]

Sony posts profit, smaller PlayStation loss

TOKYO–Sony swung to a profit of $277 million for its fourth fiscal quarter on Wednesday, a reversal from from a year ago as losses […]

Program to boost trade abroad for small firms

The cost of doing business abroad has long been a roadblock for smaller companies looking to broaden their customer base.
With that in mind, the Ontario […]

Circuit City opens books

ATLANTA–Circuit City Stores Inc. reversed course yesterday and put itself up for sale. The electronics chain said it would open its books to suitor […]

Molson Coors beats outlook; sales jump 10%

MONTREAL–Molson Coors Brewing Co. has carried momentum from last year’s growth in strategic brands into its first-quarter earnings, increasing sales by more than 10 per […]

Goldcorp profit rises 84% on record prices

VANCOUVER – Goldcorp Inc. (TSX: G) has booked an 84 per cent rise in first-quarter earnings to US$229.5 million as revenue grew 32 per […]