08:08 AM EDT, 03/14/2025 (MT Newswires) -- Bonterra Energy ( BNEFF ) on Friday said full-year 2024 net earnings plunged, falling well short of analysts' expectations. The company posted net earnings of $10.2 million, or $0.27 per diluted share, missing the analyst consensus earnings forecast of $0.57 per share compiled by FactSet. In 2023, the company earned $44.9 million, or...

WASHINGTON (Reuters) - U.S. President Donald Trump will try to deal with TikTok in the time frame that he has, U.S. Commerce Secretary Howard Lutnick told Fox Business in an interview on Friday, without offering any further detail. On Sunday, Trump told reporters that his administration was talking to four different groups about the sale of the Chinese-owned social media...

08:10 AM EDT, 03/14/2025 (MT Newswires) -- Bank of America ( BAC ) has laid off 16 bankers in Hong Kong as part of cuts to its investment banking staff, Reuters reported Friday, citing two sources with knowledge of the matter. The job cuts mainly targeted lower-ranking bankers, the report said. Bank of America ( BAC ) did not immediately...

08:14 AM EDT, 03/14/2025 (MT Newswires) -- Magellan Aerospace ( MALJF ) overnight Thursday swung to a profit in the fourth quarter despite the challenging environment surrounding the aerospace industry. Net income for the fourth quarter was $15.9 million compared with a net loss of $266,000 a year earlier, due to volume increases, contract rehabilitations on certain programs and favourable...