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Canadian markets news

Bombardier posts surprise profit
Bombardier Inc is in the middle of a five-year turnaround plan to improve its financial performance after facing a cash crunch in 2015.
Bombardier reports US$296M second-quarter loss due to restructuring costs  CTV News
Bombardier Reports Second Quarter 2017 Results  Digital Journal
Swissport baggage handlers at Toronto Pearson Airport on strike
WATCH ABOVE: Unionized workers including baggage and cargo handlers and cabin cleaners walked off the job Thursday evening after the offer from Swissport was rejected.
No significant delays reported at Pearson on first day of baggage handler strike  CP24 Toronto's Breaking News
Pearson ground crew workers reject offer, begin strike  National Post
Amazon profit slumps 77 per cent as costs surge; shares fall Inc. reported on Thursday a 77 per cent slump in quarterly income and forecast a potential operating loss in the current quarter, as the company invests heavily in video content and in fast-growing economies such as India.
Jeff Bezos was the richest person in the world — for a few minutes
Here's What Wall Street Is Saying About Amazon's Earnings Report  Bloomberg
Adidas to sell CCM to Toronto-based firm for $110 million US
German sportswear manufacturer Adidas has announced an agreement to sell its CCM hockey-equipment subsidiary to a Canadian firm for $110 million US.
Adidas sells hockey brand CCM to Birch Hill for $110-million  The Globe and Mail
Adidas jumps as sneaker, sportswear sales drive profit upgrade  THE BUSINESS TIMES
Port Alberni sawmill shut over supply, softwood dispute
B.C. Premier John Horgan, left, meets with the U.S. National Association of Home Builders CEO Gerald Howard in Washington, D.C., Thursday, July 27, 2017.
Softwood Lumber Deal Is On Its Way, Horgan Says  Huffington Post Canada
Friday's letters to the editor  Belleville Intelligencer
Imperial Oil posts narrower quarterly loss
Imperial Oil Ltd reported a smaller second-quarter loss as Canada's No. 2 integrated oil producer and refiner benefited from a surge in oil prices.
Albert D Mason Inc. Sells 60 Shares of Imperial Oil Ltd (IMO)  Week Herald
Albert D Mason Inc. Sells 60 Shares of Imperial Oil Ltd (NYSEMKT:IMO)  StockNewsTimes
Canada's economic growth blows past forecasts in May
Canada's economy accelerated in May on growth in the energy, manufacturing and retail trade sectors, Statistics Canada said on Friday, in a report that pointed to strong momentum in the economy in the second quarter.
Economic growth blows past expectations in May, powered by energy industry  National Post
'Dithering' by BC, Ottawa helped kill Pacific NorthWest LNG, energy CEO says
The CEO of one of Canada's biggest natural gas producers says "government dithering" played a role in the cancellation of a massive liquefied natural gas project in British Columbia.
Petronas to take a hit from Canada pullout, but sees long-term domestic gains  Reuters Canada
Horgan sees no conflict in BC government's position on LNG  The Globe and Mail
TransCanada looks to expand Canadian Mainline natural gas pipeline
TransCanada Corp. announced plans to expand its Canadian Mainline pipeline in southern Ontario as it reported an improved second-quarter profit compared with a year ago.
TransCanada Declares Quarterly Dividends  Stockhouse
TransCanada profit beats on US pipelines unit strength  Nasdaq
As The Snap Inc Lockup Expiration Nears, Experts Weigh The Risks
The next week or two could be even darker for Snap investors than the first few months have been, if you can believe it. The reason is because the Snap lockup expiration is at hand, and it will flood the market with approximately six times as many ...
Wall Street braces for end of Snap share lockup  The Globe and Mail
The Snap Inc. (NYSE:SNAP) Downgraded by Cowen and Company to “Market Perform ...  BangaloreWeekly