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Canadian markets news

Bombardier CEO Guy Hachey retires amid 1800 layoffs
MONTREAL -- Bombardier Aerospace president and CEO Guy Hachey is retiring after six years in the post amid a restructuring of operations at aerospace that will result in the layoff of 1,800 employees.
Bombardier Shakes Up Organization, to Cut 1800 Jobs  Wall Street Journal
Bombardier to Cut 1800 Jobs Amid Troubled CSeries Launch  Businessweek
The Globe and Mail   Related articles »  
Canada grocer Loblaw's revenue rises on Shoppers Drug Mart buy
(Reuters) - Loblaw Cos Ltd (L.TO: Quote), Canada's largest grocer, reported a 37 percent rise in quarterly revenue, helped by sales from recently acquired Shoppers Drug Mart.
Loblaw Cos revenue soars 37% on Shoppers Drug Mart buy  The Province
Loblaw Companies Limited Reports a 65.1% Increase in Adjusted Operating ...  MarketWatch
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MH17: EU talks tougher sanctions for Russia to target banks
The European Union would target state-owned Russian banks and their ability to finance Moscow's faltering economy in its most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday, diplomats said.
MH17 Crash Sparks Spike in Russia Sanction Risk  Businessweek
Berlin sees tough sanctions on Russia by end of July: source  Reuters
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UPDATE 1-Encana's operating profit misses estimates as gas output falls
(Adds details, background). July 24 (Reuters) - Encana Corp, Canada's largest natural-gas producer, posted a steeper-than-expected 31 percent fall in quarterly operating profit, hurt by lower gas production and prices.
Encana's operating profit misses estimates as gas output falls  Reuters Canada
(MKTW) Rapid Portfolio Transition, Robust Liquids Growth Among Highlights of ...  Wall Street Journal
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Rogers profit slides 24% on flat revenue
Rogers Communications Inc. (TSX:RCI.B) reports a second-quarter net income of $405-million, or 76 cents per diluted share, down 24 per cent from $532-million, or 93 cents, in the same quarter of 2013.
Telecom Rogers Communications posts lower Q2 net earnings on flat revenues  mysask.com
Rogers Communications Q2 Profit Declines, Revenues Flat - Quick Facts  RTT News
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Potash Corp. profit falls 27% but beats estimates
Potash Corp. of Saskatchewan Inc. posted a nearly 27% drop in second-quarter profit Thursday, hurt by lower potash prices, but results beat expectations as market conditions picked up, leading the company to bump up its earnings guidance for the year.
Potash Corp profit falls, but tops company's outlook  Reuters
Potash Corp. boosts outlook as profit tops expectations  The Globe and Mail
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US lifts ban on flights to Tel Aviv
WASHINGTON�The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
Gaza conflict: FAA lifts ban on flights to Tel Aviv  CBC.ca
US lifts Israel flight ban, but some travel still up in the air  The Globe and Mail
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View from Alberta: Is oil by rail a sea change or a temporary bridge?
Other than Ottawa's new speed limits on trains moving dangerous goods through urban areas, there was no slowing down the rail industry's rapid advances into the oil and gas sector this spring.
Ben West: Rail versus pipelines, are those really our only choices?  Straight.com
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Parks Canada-Roots: A match made in branding heaven, but it wasn't to be
There's a mystery in Canada's business world. Why did Roots, the iconic Canadian company that's synonymous with stylish, quality casual wear for nature lovers, drop out of a plan to collaborate with Parks Canada on a new fashion line?
Parks' Original clothing now on sale  Rocky Mountain Outlook
Parks Canada hopes new clothing line will bring in $600K in revenue  CTV News
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UK retail sales show little growth in June
The UK consumer's appetite for spending seems to be moderating, with official retail sales numbers showing only a modest rise in June.
UK retailers had strongest quarter in more than 10 years from April to June  The Guardian
Retail sales volumes continue to grow briskly  BBC News
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