BCE reports Q1 profit and operating revenue down from year ago
BCE Inc. reported its first-quarter profit fell compared with a year ago as it faced higher severance, acquisition and other costs related mainly to job cuts.
BCE Inc. reported its first-quarter profit fell compared with a year ago as it faced higher severance, acquisition and other costs related mainly to job cuts.
Stock futures remained higher as traders took the latest labor-market reading in stride a day after the Federal Reserve signaled rate hikes are unlikely.
Moderna Inc. reported a narrower first-quarter loss than Wall Street had expected, as the biotech giant’s cost-cutting helped offset a steep decline in its Covid business.
Canada recorded a goods trade deficit of C$2.28 billion ($1.7 billion) in March, hitting its deepest low since June 2023 and missing expectations in a Bloomberg survey for a C$1.21 billion surplus.
Shares of Donald Trump’s media startup are one of the most expensive to bet against in the US. As a measure of how costly, one back-of-the-envelope calculation shows the stock needs to drop 12% over the next week for short sellers to just break even.
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