Bombardier to sell aerostructures business to Spirit AeroSystems
Canada’s Bombardier said on Thursday it had agreed to sell its aerostructures business to Spirit AeroSystems for more than $1 billion in cash and debt.
Encana plans move to the U.S., changes name
Canadian oil and gas producer Encana Corp said on Thursday it will redomicile to the U.S. and change its name to Ovintiv Inc.
Thomson Reuters operating profit tops Wall Street estimates
Thomson Reuters Corp , parent of Reuters News, reported higher-than-expected quarterly operating profit on Thursday and said it would raise its dividend payout ratio and buy back more shares.
Bristol-Myers posts better-than-expected results, Opdivo growth slows
U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed.
Investors fear looming safety risks of mining waste dams
A global inquiry into how mining companies store billions of tonnes of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows about a tenth of the structures have had stability issues, investors said on Thursday.
SNC-Lavalin names Ian Edwards as CEO
SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.
Corteva posts smaller-than-expected loss, North America seed volumes rise
Pesticides and seeds producer Corteva Inc posted a smaller-than-expected quarterly loss on Thursday as seed sales jumped after historic floods in the U.S. Midwest delayed the spring planting season.
Oil prices broadly steady despite bearish signals
Oil prices were broadly steady on Thursday despite bearish signals from rising U.S. crude oil stocks and weak factory activity in China.
French finance minister says Peugeot-Fiat deal ‘good news’ for France
French Finance Minister Bruno Le Maire gave his blessing to the merger between national champion PSA and Italo-American carmaker Fiat-Chrysler, saying the deal would be good news for France and Europe but that he would keep an eye on possible job cuts….
Dunkin’ Brands profit beats on lower expenses, raises annual forecast
Dunkin’ Brands Group Inc reporting a better-than-expected quarterly profit on lower costs on Thursday and raised its forecast for 2019, betting on investments to improve delivery and add new menu items to boost growth.