Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities. The Calgary-based energy infrastructure company said Friday it now expects adjusted earnings for 2024 of between $17.7 billion and $18.3 billion, up from a previous forecast of $16.6 billion to … Read more

Dollarama sales, profit way up after growing total number of stores

Dollarama sales, profit way up after growing total number of stores

Dollarama reported its third-quarter profit and sales rose compared with a year ago and raised its guidance for comparable-store sales. The retailer says it earned $261.1 million or 92 cents per diluted share for the 13-week period that ended Oct. 29, up from a profit of $201.6 million or 70 cents per diluted share a … Read more