07:37 AM EDT, 08/14/2024 (MT Newswires) -- Hydro One ( HRNNF ) on Wednesday reported higher net income and revenue for the second quarter. The company booked attributable net income of $292 million, or $0.49 per share, rising from $265 million, or $0.44 per share. Revenue climbed to $2.03 billion from $1.86 billion, driven by Ontario Energy Board (OEB)-approved transmission...

07:40 AM EDT, 08/14/2024 (MT Newswires) -- The Canadian province of Ontario posted its Q1 fiscal update late Tuesday, with no change in the C$9.8 billion deficit forecast, and a minor dip in borrowing requirements (cash adjustment) to C$37.5 billion, noted Bank of Montreal (BMO). It has still been mostly quiet on the fiscal update front, said the bank. The...

07:40 AM EDT, 08/14/2024 (MT Newswires) -- Metro (MRU.TO) on Wednesday reported that third-quarter adjusted profit dipped while sales rose. The grocery chain said adjusted net earnings fell 3.1% to $305 million, or $1.35 per diluted share, compared with $315 million, or $1.35 per diluted share, last year. Quarterly sales rose 3.5% to $6.65 billion, from $6.43 billion, driven by...

07:40 AM EDT, 08/14/2024 (MT Newswires) -- Smith Douglas Homes ( SDHC ) reported Q2 adjusted net income Wednesday of $19.4 million, down from $23.1 million a year earlier. Analysts polled by Capital IQ expected $19 million. The company reported earnings of $0.40 per diluted share. Three analysts polled by Capital IQ estimated earnings of $0.44. Revenue for the quarter...