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Business

Agrium first-quarter earnings down as spring arrives late in North America

CALGARY - Agrium Inc. says spring's late arrival to North America could be a major challenge, as farmers who buy fertilizers, seeds and other agricultural products from the company have less time to get their crops in the ground.

Oil falls below US$96 a barrel after dollar rises on fewer unemployment claims

The price of oil fell below US$96 a barrel even as the U.S. dollar strengthened against some foreign currencies.

BCE profit rises 6.6% to $556M in Q1; revenue almost unchanged at $4.34B

TORONTO - BCE Inc. (TSX:BCE) says it's looking to new technologies such as mobile commerce as well as trimming costs to help boost stockholder value amid a fiercely competitive wireless industry.

US wholesale stockpiles up 0.4 per cent in March, but sales fall by largest amount in 4 years

WASHINGTON - Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply.

Loonie up slightly but gains not expected to stick with dropping commodities

TORONTO - The Canadian dollar made a small gain Thursday after enjoying a recent uptick from rising oil and gold prices.

Dorel Industries says poor weather put a damper on Q1 revenue; earnings

MONTREAL - Dorel Industries Inc. (TSX:DII.B) says poor weather in North America and Europe helped put a damper on what was already expected to be a soft first quarter.

Stocks edge lower on Wall Street; drop in unemployment claims fails to boost the market

NEW YORK, N.Y. - The stock market is pulling back after surging to record levels during the past week.

North American markets fall despite positive U.S. job claims data

TORONTO - North American markets fell Thursday as traders appeared to shrug of a rosier-than-expected report on jobless claims in the United States.

Brookfield Asset Management first-quarter profit down from year ago

TORONTO - Brookfield Asset Management Inc. (TSX:BAM.A) said Thursday it earned US$697 million in its latest quarter, down from a year ago.

Bombardier Inc. net profit down in Q1 but revenue soars to US$4.3B

MONTREAL - Bombardier's revenues surged 25 per cent in the first-quarter on higher-than-expected aircraft deliveries, while the aerospace and transportation giant said its CSeries commercial aircraft remains on target for its first flight next month.

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