Companies of Canada

Futu to Report Second Quarter 2019 Financial Results on August 26, 2019

Retrieved on: 
Friday, August 9, 2019
BlackBerry Limited, S&P/TSX 60 Index, Tablet computer, Companies of Canada, Economy of Canada, Companies

Futu Holdings Limited (Nasdaq:FHL) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage platform.

Key Points: 
  • Futu Holdings Limited (Nasdaq:FHL) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage platform.
  • The Company primarily serves the emerging affluent Chinese population, pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry and build a digital gateway into broader financial services.
  • The Company provides investing services through its proprietary digital platform, Futu NiuNiu, a highly integrated application accessible through any mobile device, tablet or desktop.
  • Futu has also embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders.

Black Diamond Reports Second Quarter 2019 Results

Retrieved on: 
Friday, August 9, 2019
BlackBerry Limited, S&P/TSX 60 Index, Companies of Canada, Economy of Canada, Companies

CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Black Diamond Group Limited ("Black Diamond", the "Company" or "we"), (TSX:BDI), a leading provider of space rental and workforce accommodation solutions, today announced its operating and financial results for the three and six months ended June 30, 2019 (the "Quarter") compared with the three and six months ended June 30, 2018 (the "Comparative Quarter").

Key Points: 
  • CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Black Diamond Group Limited ("Black Diamond", the "Company" or "we"), (TSX:BDI), a leading provider of space rental and workforce accommodation solutions, today announced its operating and financial results for the three and six months ended June 30, 2019 (the "Quarter") compared with the three and six months ended June 30, 2018 (the "Comparative Quarter").
  • Revenue generated outside of Canada accounts for 52% of total revenue in the Quarter, compared to 25% in the Comparative Quarter.
  • For the Quarter, WFS Adjusted EBITDA was $6.6 million, lower than the Comparative Quarter, primarily due to a larger project positively impacting the Comparative Quarter results, and a decrease in lodging activity in the Quarter.
  • Total room nights booked grew to roughly 16,500 throughout the Quarter, more than a two-fold increase to the Comparative Quarter.

Onex Reports Second-Quarter 2019 Results

Retrieved on: 
Thursday, August 8, 2019
Onex Corporation, International Financial Reporting Standards, Onex, Companies of Canada, Economy of Canada, Business

TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the second quarter and six months ended June 30, 2019 and an update on matters following quarter end.

Key Points: 
  • TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the second quarter and six months ended June 30, 2019 and an update on matters following quarter end.
  • As of January 1, 2019, Onex determined it was an investment entity, as defined by IFRS 10.
  • Enclosed are supplementary schedules and non-IFRS measures related to Onex consolidated net earnings for the three- and six-months ended June 30, 2019, shareholder capital at June 30, 2019 and cash and near-cash change for the six-months ended June30, 2019.
  • Onex management will host a webcast to review Onex second-quarter 2019 results on Thursday, August 8 at 11:00 a.m.

Selecta Biosciences Reports Second Quarter 2019 Financial Results and Provides Corporate Update

Retrieved on: 
Thursday, August 8, 2019
BlackBerry Limited, S&P/TSX 60 Index, Companies of Canada, Companies, Economy of Canada

ET -

Key Points: 
  • ET -
    WATERTOWN, Mass., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Selecta Biosciences, Inc. (NASDAQ: SELB), a clinical-stage biotechnology company focused on unlocking the full potential of biologic therapies based on its immune tolerance platform technology, ImmTOR, today reported financial results for the second quarter ended June 30, 2019 and provided a corporate update.
  • An interim data analysis is expected in the fourth quarter of 2019 with a full statistical superiority analysis expected in the second quarter of 2020.
  • Second Quarter 2019 Financial Results:
    Revenue: For the second quarter ended June 30, 2019, the company recognized less than $0.1 million of revenue under its collaboration agreement with Spark.
  • ET today to provide a corporate update and review the companys second quarter 2019 financial results.

Dream Alternatives Reports Second Quarter Results

Retrieved on: 
Wednesday, August 7, 2019
Hard Rock Cafe, Hard Rock Hotel and Casino, BlackBerry Limited, Trust law, Companies of Canada, Companies, Economy of Canada

TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) -- DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) ("Dream Alternatives", "we" or the "Trust") today reported its financial results for the three and six months ended June 30, 2019.

Key Points: 
  • TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) -- DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) ("Dream Alternatives", "we" or the "Trust") today reported its financial results for the three and six months ended June 30, 2019.
  • We generated solid income results this quarter as we continue to improve the value of our development assets."
  • The increase was primarily driven by income contributions from its equity investment in Axis Condominiums, which commenced occupancy in the second quarter of 2019.
  • During and subsequent to the second quarter of 2019, the Hard Rock/Virgin Hotels Las Vegas ("Hard Rock") investment entered into various partnerships with best-in-class operators.

ECN Capital Announces Intention to Renew its Normal Course Issuer Bid

Retrieved on: 
Wednesday, August 7, 2019
ECN Capital, Economy of Toronto, Toronto Stock Exchange, ECN, Economy of Canada, Companies of Canada

TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) -- ECN Capital Corp. (ECN Capital or the Company) today announced that it intends to file a notice of intention with the Toronto Stock Exchange (the TSX) to renew its normal course issuer bid (the Bid) for its common shares.

Key Points: 
  • TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) -- ECN Capital Corp. (ECN Capital or the Company) today announced that it intends to file a notice of intention with the Toronto Stock Exchange (the TSX) to renew its normal course issuer bid (the Bid) for its common shares.
  • There cannot be any assurance as to how many common shares, if any, will ultimately be acquired by ECN Capital.
  • ECN previously sought and received approval of the TSX to purchase up to 31,339,030 common shares in a normal course issuer bid (the Previous Bid) which commenced on July 5, 2018 and expired on July 4, 2019.
  • With managed and advised assets of US$32 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of prime credit portfolios to more than ninety US financial institutions.

Monster Beverage Reports 2019 Second Quarter Financial Results

Retrieved on: 
Wednesday, August 7, 2019
Caffeine, Drinks, Energy drink, BlackBerry Limited, Companies of Canada, Economy of Canada, Companies

Net sales for the Companys Monster Energy Drinks segment, which primarily includes the Companys Monster Energy drinks and Reign Total Body FuelTM high performance energy drinks, increased 9.6 percent to $1.02 billion for the 2019 second quarter, from $929.4 million for the 2018 second quarter.

Key Points: 
  • Net sales for the Companys Monster Energy Drinks segment, which primarily includes the Companys Monster Energy drinks and Reign Total Body FuelTM high performance energy drinks, increased 9.6 percent to $1.02 billion for the 2019 second quarter, from $929.4 million for the 2018 second quarter.
  • Net sales to customers outside the United States increased 16.8 percent to $343.3 million in the 2019 second quarter, from $293.8 million in the 2018 second quarter.
  • Such sales were approximately 31 percent of total net sales in the 2019 second quarter, compared with 29 percent in the 2018 second quarter.
  • Operating expenses for the 2019 second quarter were $282.3 million, compared with $262.6 million in the 2018 second quarter.

Kronos Worldwide Reports Second Quarter 2019 Results

Retrieved on: 
Wednesday, August 7, 2019
BlackBerry Limited, S&P/TSX 60 Index, Companies of Canada, Economy of Canada, Companies

DALLAS, TEXAS, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $29.5 million, or $.25 per share, in the second quarter of 2019 compared to net income of $77.7 million, or $.67 per share, in the second quarter of 2018.

Key Points: 
  • DALLAS, TEXAS, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $29.5 million, or $.25 per share, in the second quarter of 2019 compared to net income of $77.7 million, or $.67 per share, in the second quarter of 2018.
  • Net sales of $484.5 million in the second quarter of 2019 were $12.7 million, or 3%, higher than in the second quarter of 2018.
  • TiO2 sales volumes in the second quarter of 2019 were 15% higher as compared to the second quarter of 2018 primarily due to higher sales in the European, North American and export markets.
  • The Companys TiO2 segment profit (see description of non-GAAP information below) in the second quarter of 2019 was $51.1 million as compared to $124.2 million in the second quarter of 2018.

Going Over is Over: Fido says goodbye to data overages with Data Overage Protection

Retrieved on: 
Wednesday, August 7, 2019
Rogers Communications, Chatr, Fido, Land-sale overage, Economy of Canada, Companies of Canada, Fido Solutions

Data overage fees now eliminated on all new Rogers, Fido, and chatr phone plans

Key Points: 
  • Data overage fees now eliminated on all new Rogers, Fido, and chatr phone plans
    TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Today, Fido announced that it is eliminating data overage fees so customers can go all out, without going over, with the launch of Data Overage Protection, a feature that will be included in new Fido Data, Talk and Text plans starting today.
  • Data Overage Protection lets customers manage their data use and spend automatically by pausing data once they reach their limit.
  • With Data Overage Protection, our customers can get the most out of their wireless plans and enjoy their services worry-free with no surprise charges.
  • Data Overage Protection on Fido is the latest initiative Rogers Communications has introduced to offer more choice and value across its three wireless brands.

Globalstar Announces Second Quarter 2019 Results

Retrieved on: 
Friday, August 9, 2019
Data management, Technology, Satellite, Telecommunications, Mobile, Wireless, BlackBerry Limited, S&P/TSX 60 Index, Net operating loss, Companies of Canada, Economy of Canada, Companies

Our subscriber base grew over the last twelve months to total average subscribers of 772,807 in the second quarter of 2019 from 733,964 in the second quarter of the prior year.

Key Points: 
  • Our subscriber base grew over the last twelve months to total average subscribers of 772,807 in the second quarter of 2019 from 733,964 in the second quarter of the prior year.
  • Initial orders placed for our SmartOne SolarTM device, which generated $2.0 million in equipment revenue during the second quarter of 2018, exceeded the follow-on orders filled during the second quarter of 2019.
  • Operating income (loss) fluctuated from income of $1.9 million during the second quarter of 2018 to a loss of $16.7 million during the second quarter of 2019.
  • Net income (loss) fluctuated by $13.2 million from net loss during the second quarter of 2018 to net income during the second quarter of 2019 due primarily to two non-cash items.