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In this Feb. 22, 2012 photo, shoppers enter a Sears department store location in Dedham, Mass. Sears Holdings said Thursday, Feb. 23, 2012, it will separate its smaller hometown stores, outlets and some hardware stores in a deal expected to raise $400 million to $500 million as it seeks to regain profitability and market share. (AP Photo/Steven Senne)

Sears will spin off some stores, sell others; reports 4th-quarter loss

HOFFMAN ESTATES, Ill. - Sears Holdings says it will separate its smaller Hometown and Outlet stores as well as some hardware stores in a deal expected to raise $400 million to $500 million as it seeks to regain profitability and market share. More »Sears will spin off some stores, sell others; reports 4th-quarter loss

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Imax profit meets view; looks to India, South America Reuters - 24 minutes ago
(Reuters) - Imax Corp reported a quarterly profit in line with analysts' expectations, as solid box-office receipts led by the latest Mission: Impossible title offset … More »Imax profit meets view; looks to India, South America
(Reuters) - Imax Corp reported a quarterly profit in line with analysts' expectations, as solid box-office receipts led by the latest Mission: Impossible title offset a fall in systems revenue because of fewer new theatre installations and digital upgrades. The Tom Cruise spy film Mission Impossible - Ghost Protocol had …
Loblaw earnings rise on lower interest, taxes Reuters - 25 minutes ago
TORONTO (Reuters) - Loblaw Cos Ltd , Canada's No. 1 grocery store operator, reported slightly higher quarterly profits on Thursday, helped by lower interest expenses … More »Loblaw earnings rise on lower interest, taxes
TORONTO (Reuters) - Loblaw Cos Ltd , Canada's No. 1 grocery store operator, reported slightly higher quarterly profits on Thursday, helped by lower interest expenses and a decline in its effective tax rate. The company, which is majority owned by George Weston Ltd , said the gains were offset by a 2.8 percent decline in …
TSX set to open up as oil, commodities gain Reuters - 49 minutes ago
(Reuters) - Toronto's resource heavy main stock index was set for a slightly higher open on Thursday, buoyed by strong commodity prices and better-than-expected German … More »TSX set to open up as oil, commodities gain
(Reuters) - Toronto's resource heavy main stock index was set for a slightly higher open on Thursday, buoyed by strong commodity prices and better-than-expected German business sentiment, which rose for a fourth straight month. FACTORS TO WATCH * Canadian equity futures pointed to a higher open. * U.S. stock index futures …
Tim Hortons raises dividend 24 per cent, but reports lower fourth-quarter profit The Canadian Press - The Canadian Press - 56 minutes ago
TORONTO - Tim Hortons Inc. (TSX: THI) says it is increasing its quarterly dividend 23.5 per cent to 21 cents amid improved fourth quarter and full year sales. More »Tim Hortons raises dividend 24 per cent, but reports lower fourth-quarter profit
TORONTO - Tim Hortons Inc. (TSX: THI) says it is increasing its quarterly dividend 23.5 per cent to 21 cents amid improved fourth quarter and full year sales.
TSX heads for higher open amid rising oil prices, positive earnings news Malcolm Morrison, The Canadian Press - The Canadian Press - 56 minutes ago
TORONTO - The Toronto stock market looked set for a positive open Thursday as geopolitical tensions kept oil prices above the US$106 level and traders took in a mixed … More »TSX heads for higher open amid rising oil prices, positive earnings news
TORONTO - The Toronto stock market looked set for a positive open Thursday as geopolitical tensions kept oil prices above the US$106 level and traders took in a mixed bag of earnings from the resource, retail and mining sectors.
Tim Hortons profit falls, raises dividend by 24 percent Reuters - 1 hour 27 minutes ago
(Reuters) - Tim Hortons Inc reported a 73 percent drop in fourth-quarter profit, but the coffee and doughnut chain raised its quarterly dividend by 24 percent Net income … More »Tim Hortons profit falls, raises dividend by 24 percent
(Reuters) - Tim Hortons Inc reported a 73 percent drop in fourth-quarter profit, but the coffee and doughnut chain raised its quarterly dividend by 24 percent Net income for the quarter ended January 1 fell to C$103.0 million ($103.05 million), or 65 Canadian cents a share, from C$377.1 million, or C$2.19 a share, a year …
Royal Bank of Scotland full-year loss up 78 pct; bank takes hit on Greek debt Robert Barr, The Associated Press - The Canadian Press - 1 hour 38 minutes ago
LONDON - U.K. lender Royal Bank of Scotland saw its loss in 2011 swell by 78 per cent as it booked large provisions for Greek debt and compensation for customers missold … More »Royal Bank of Scotland full-year loss up 78 pct; bank takes hit on Greek debt
LONDON - U.K. lender Royal Bank of Scotland saw its loss in 2011 swell by 78 per cent as it booked large provisions for Greek debt and compensation for customers missold payment protection insurance.
Ballard Power Systems reports Q4 and 2011 results and 2012 outlook The Canadian Press - The Canadian Press - 4 hours ago
VANCOUVER - Fuel cell company Ballard Power Systems Inc. (TSX:BLD) narrowed its net loss in the fourth quarter to US$7.3 million or 9 cents per share. More »Ballard Power Systems reports Q4 and 2011 results and 2012 outlook
VANCOUVER - Fuel cell company Ballard Power Systems Inc. (TSX:BLD) narrowed its net loss in the fourth quarter to US$7.3 million or 9 cents per share.
Fibrek posts fourth quarter loss after year-ago profit The Canadian Press - The Canadian Press - 8 hours ago
MONTREAL - Pulp producer Fibrek Inc. (TSX:FBK) posted a loss in its fourth quarter after earning a profit in the same period a year earlier. More »Fibrek posts fourth quarter loss after year-ago profit
MONTREAL - Pulp producer Fibrek Inc. (TSX:FBK) posted a loss in its fourth quarter after earning a profit in the same period a year earlier.
Former Groupe Aeroplan, now Aimia, widens loss in fourth quarter The Canadian Press - The Canadian Press - 9 hours ago
MONTREAL - Groupe Aeroplan Inc., now carrying on business as Aimia (TSX:AIM), widened its losses in the fourth quarter as it took a hit from a goodwill impairment charge … More »Former Groupe Aeroplan, now Aimia, widens loss in fourth quarter
MONTREAL - Groupe Aeroplan Inc., now carrying on business as Aimia (TSX:AIM), widened its losses in the fourth quarter as it took a hit from a goodwill impairment charge and a breakage adjustment.
HP CEO pleads patience with turnaround effort, pledges operational fixes, as earnings fall Anick Jesdanun, The Associated Press - The Canadian Press - 10 hours ago
NEW YORK, N.Y. - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed … More »HP CEO pleads patience with turnaround effort, pledges operational fixes, as earnings fall
NEW YORK, N.Y. - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies.
Mullen Group fourth-quarter profits rise 43 per cent on higher revenues The Canadian Press - The Canadian Press - 12 hours ago
OKOTOKS, Alta. - Mullen Group Ltd., which provides transportation and other services to the oilpatch, has reported a 43 per cent increase in fourth-quarter net income … More »Mullen Group fourth-quarter profits rise 43 per cent on higher revenues
OKOTOKS, Alta. - Mullen Group Ltd., which provides transportation and other services to the oilpatch, has reported a 43 per cent increase in fourth-quarter net income from a year earlier on higher revenues.
Arctic Glacier Income Fund to restructure under court protection from creditors The Canadian Press - The Canadian Press - 13 hours ago
WINNIPEG - Arctic Glacier Income Fund said Wednesday a court has accepted its application to restructure under the Companies' Creditors Arrangement Act. More »Arctic Glacier Income Fund to restructure under court protection from creditors
WINNIPEG - Arctic Glacier Income Fund said Wednesday a court has accepted its application to restructure under the Companies' Creditors Arrangement Act.
Yamana Gold Q4 adjusted profit up on higher metal Reuters - 13 hours ago
TORONTO (Reuters) - Yamana Gold reported on Wednesday an 8 percent increase in fourth-quarter adjusted profit on higher precious metal prices and a boost in concentrate … More »Yamana Gold Q4 adjusted profit up on higher metal
TORONTO (Reuters) - Yamana Gold reported on Wednesday an 8 percent increase in fourth-quarter adjusted profit on higher precious metal prices and a boost in concentrate sales volume. The Toronto-based gold miner also announced an 11 percent boost in its overall reserves and said it would increase its annual dividend by …
Gannett shares rise on management plan to return $1.3 billion in capital to shareholders The Associated Press - The Canadian Press - 14 hours ago
LOS ANGELES, Calif. - Gannett's stock rose more than 4 per cent Wednesday, after the company outlined a plan to return $1.3 billion to shareholders by 2015. More »Gannett shares rise on management plan to return $1.3 billion in capital to shareholders
LOS ANGELES, Calif. - Gannett's stock rose more than 4 per cent Wednesday, after the company outlined a plan to return $1.3 billion to shareholders by 2015.