07:02 AM EST, 11/05/2025 (MT Newswires) -- Canada's federal government presented its budget on Tuesday and, according to Bank of Montreal (BMO), the key messages are: -- Budget deficit of $78.3 billion in FY25/26, $65.4 billion in FY26/27; -- Debt-to-gross domestic prouct rises to 42.4%; medium-term holds above 43%; -- Net new stimulus of $20 billion this fiscal year, mostly...

Overview * Wheels Up Q3 revenue down 4% yr/yr, impacted by discontinued member programs * Net loss widens to $83.7 mln, with adjusted EBITDA loss of $23.2 mln * Company expects $70 mln in annual cost savings from productivity initiatives Outlook * Company expects $70 mln in annual cost savings by Q3 2026 * Wheels Up aims for positive Adjusted...

Overview * Johnson Controls ( JCI ) Q4 sales up 3% but missed analyst expectations * Adjusted EPS for Q4 beats consensus, reflecting strong operational performance * Company's backlog increased 13% organically, reflecting sustained demand Outlook * Johnson Controls ( JCI ) expects fiscal 2026 organic sales growth in mid-single digits * Company forecasts fiscal 2026 adjusted EPS of ~$4.55...

By Savyata Mishra (Reuters) -McDonald's beat estimates for third-quarter global comparable sales on Wednesday as affordable meal offers from the fast-food giant helped whet demand even as consumers remained selective with their spending. The burger chain posted global same-store sales growth of 3.6%, slightly ahead of analysts' average estimate of a 3.55% increase, according to data compiled by LSEG, driven...