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Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business.
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Algoma Steel Group earnings, revenues down year-over-year in the first quarter

Algoma Steel Group earnings, revenues down year-over-year in the first quarter

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says it earned $130.9 million in its first quarter, down from $301.4 million a year earlier. The firm says revenue for the quarter ended June 30 was $827.2 million, down from $934.1 million last year.
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Number of Americans applying for jobless aid rises, but not enough to cause concern

Number of Americans applying for jobless aid rises, but not enough to cause concern

The number of Americans applying for jobless benefits jumped last week, but not enough to raise concern about the consistently strong U.S. labor market. U.S.
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From eggs to electronics to used cars, consumer inflation eased its grip on US households in July

From eggs to electronics to used cars, consumer inflation eased its grip on US households in July

WASHINGTON (AP) — Inflation in the United States edged up in July after 12 straight months of declines.
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Saputo earns $141 million in first quarter, reports revenues at $4.2 billion

Saputo earns $141 million in first quarter, reports revenues at $4.2 billion

MONTREAL — Saputo Inc. reported net earnings of $141 million in its first quarter, up from $139 million during the same quarter last year. The Montreal-based company says revenues for the quarter ended June 30 were $4.2 billion, down from $4.
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Sleep Country Canada earns $12.7 million in second quarter as revenues decline

Sleep Country Canada earns $12.7 million in second quarter as revenues decline

TORONTO — Sleep Country Canada Holdings Inc. reported net income of $12.7 million in the second quarter, down from $22.7 million last year. The Toronto-based company says revenues for the quarter were $217.2 million, down 4.6 per cent from $227.
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Indigo reports loss, lower sales as cyberattack effects carry into first quarter

Indigo reports loss, lower sales as cyberattack effects carry into first quarter

TORONTO — Indigo Books & Music Ltd. says it lost $28.5 million in its first quarter, compared with a loss of $25.4 million in the same quarter last year. The Toronto-based retailer says revenue for the quarter ended July 1 was $179.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,342.88, up 67.61 points): Suncor Energy Inc. (TSX:SU). Energy. Down 19 cents, or 0.45 per cent, to $42.41 on 12.9 million shares.
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Dye & Durham completes sale of TM Group to Aurelius

Dye & Durham completes sale of TM Group to Aurelius

TORONTO — Dye & Durham Ltd. says it has completed the sale of its TM Group business to alternative investment firm Aurelius in an agreement worth up to 91 million pounds.
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Unifor, Detroit Three kick off contract talks amid inflation, EV transition pressures

Unifor, Detroit Three kick off contract talks amid inflation, EV transition pressures

TORONTO — Unifor national president Lana Payne emphasized that autoworkers expect to make significant wage and benefit gains as the union kicked off contract talks with the Detroit Three on Thursday.
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