Montreal companies
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Montreal-based CAE posts Q1 profit drop, lowers growth outlook for fiscal yearCAE says it has lowered its annual growth outlook to account for the two U.S. program charges in the defense division and to reflect supply chain pressures and other factors.EconomyAug 10
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Despite travel rebound, soaring fuel prices dig into Transat earningsThe Montreal-based company says the recovery that was temporarily slowed down by the Omicron variant earlier this year is now firmly entrenched.CanadaJun 9
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Montreal cancer company Repare inks deal with Roche worth more than US$1BThe Montreal-based cancer drug company, which is working on highly-targeted therapies, says Roche will help develop and commercialize the drug camonsertib.EconomyJun 2
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Lightspeed reports US$114.5M Q4 loss, revenue up from year agoThe point-of-sale technology company reported a fourth-quarter loss of US$114.5 million compared with a loss of $42 million in the same quarter last year.EconomyMay 19
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CN Rail promises to beef up francophone presence on boardCN is subject to Canada's Official Languages Act, which requires federal institutions to provide services in English or French on request.CanadaApr 21
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Rio Tinto puts forth offer to take Turquoise Hill Resources privateTurquoise Hill said its board of directors would establish a special committee of independent directors to review and consider the proposal.EconomyMar 14
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Air Transat relaunching routes for summer as COVID-19 restrictions easeThe Montreal-based airline says it will gradually restart flights to a total of 25 European destinations, including the six it currently serves, starting in April.EconomyMar 7
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SNC-Lavalin at a net loss after pandemic stalls major projectsSNC-Lavalin CEO Ian Edwards says the COVID-19 health crisis fallout stalled progress on multiple fixed-price projects late last year.EconomyMar 3
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Bombardier pledges to avoid business with sanctioned Russian individuals, companiesBombardier said it will establish a 'recurring, incremental capital allocation envelope of up to US$600 million per year' to put toward strategic projects or debt reduction.CanadaFeb 24
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Molson Coors raises dividend amid higher sales as venues reopen, COVID-19 restrictions easeSales in the quarter ended Dec. 31 reached $2.62 billion, up from $2.29 billion in the last three months of 2020.EconomyFeb 23
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