Five things to watch for in Canadian business this week

first_img 1. Housing startsCMHC releases its latest read on the Canadian housing market on Monday when it publishes its preliminary data on housing starts for March. The annual pace of housing starts cooled in February as higher mortgage rates and less stimulative economic conditions helped soften demand. Share this article and your comments with peers on social media 2. Cogeco earningsCogeco and Cogeco Communications issue second-quarter results on Tuesday. The Montreal-based cable and internet company signed a deal in February to sell struggling Cogeco Peer 1 Inc. six years after purchasing it.3. Scotia AGMThe Bank of Nova Scotia will hold its annual meeting of shareholders on Tuesday in Toronto. The CEOs of three of Scotiabank’s rivals said last week that they expect muted economic growth, a slower spring housing market and have concerns about the country’s future prosperity, but expressed confidence in their ability to navigate any rough patches ahead.4. Shaw resultsShaw Communications will release second-quarter results on Tuesday. Shaw’s subsidiary Freedom Mobile drew the fifth-highest number of consumer complaints, after Bell, Rogers, Cogeco and Telus, according to a recent report by Canada’s telecommunications and television service.5. Pot statsStatistics Canada releases its StatsCannabis data availability on Wednesday. The agency said that the average price of a legal gram of medical or non-medical weed during the fourth quarter last year was $9.70, compared to the black market price of $6.51. Canadian Press center_img People examining economic statistic Financial examiner Vector illustration. simmmax/123RF Facebook LinkedIn Twitterlast_img read more

Željko Babić (Meshkov Brest) before SEHA derby: Veszprem are the best in Europe!

first_imgRED ALARM IN PARIS: Sparkling Meshkov Brest upset PSG! Related Items:gazprom handball, Meshkov Brest, SEHA GAZPROM, veszprem, zeljko babic VIDEO: Meshkov Brest – RK Vardar from different angle Click to comment Veszprem put Kiel 8 goals behind ShareTweetShareShareEmailCommentsThe derby match of the SEHA Gazprom South Stream Wednesday will be played in Veszprem, where are coming Belarussian champions, Meshkov Brest. Croatian coach on the bench of the Belarus team, Željko Babić highly praised the quality of the next rival, calling them “the best team in Europe”:– Veszprem are the best European team in my opinion. They have two strong players on every position. They run a lot, play strong defense. They didn’t lose a single match this season. The team virtually has no weaknesses. I expect that they will play on EHF CL’s F4 this season. We will have to change concept of our game. We will be without injured Karačić, Kamshyk and Vukić, but also without Nikulenkau. He feels the pain, so he will stay in Brest to make some examinations. We’ve lost three players from the back line, but we will fight, no doubt about that – concluded Babić.Match will start at 18hrs.The second match of the Day between PPD Zagreb and RK Metalurg is canceled. Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. Recommended for you ShareTweetShareShareEmaillast_img read more

2XU gets busy with Fit Health Insurance

first_imgLeading sports apparel and compression specialist, 2XU Australia has confirmed an alliance with health insurance company Fit Health Insurance. This sees benefits for 2XU consumers in Australia via the FIT Health Insurance scheme, which offers ‘Australia’s first behaviour based rewards program.’FIT is a new type of health insurance that rewards consumers for keeping active and looking after themselves. Developed with leading medical and sporting organisations including the AFL, Netball Australia, Kinect Australia and the AFL Medical Officers Association, FIT is the first health fund in Australia designed for an active lifestyle.2XU in Australia has now become an official FIT partner, which means that 2XU consumers can earn points for participating in 2XU Run Groups, 2XU Free Performance Sessions and 2XU sponsored events. Consumers can then use FIT Rewards points to redeem on 2XU Compression and other garments.As Australia’s first behaviour based rewards program, FIT Rewards give the user points for doing what comes naturally – being fit and active. These points can then be redeemed for retail offers, sports tickets and ‘amazing money can’t buy’ experiences in conjunction with Australia’s leading sporting and fitness Relatedlast_img read more

That petrol commotion

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Crane sales slide at Manitowoc

first_imgNet sales in the cranes business stood at USD543.1 million in the fourth quarter of 2015, compared with USD663.2 million in the same period of 2014.Crane operating earnings for the fourth quarter of 2015 totalled USD24.1 million, down from USD45.3 million in the same period last year.For the full year, revenue in Manitowoc’s cranes segment declined 19.1 percent to USD1.9 billion, and operating earnings declined to USD64.3 million, compared with USD163.9 million recorded in 2014.Manitowoc attributed the decline to continuing weakness in rough-terrain cranes and boom trucks due to declining oil prices and its impact across energy-related end markets.However, said the manufacturer, this decline was partially offset by strength in crawler cranes driven by accelerating shipments of the company’s VPC technology.”Our cranes business performed as expected during the fourth quarter,” said Manitowoc chairman and interim ceo, Kenneth W. Krueger. “While orders improved sequentially from the third quarter, sales continue to be impacted by tepid customer demand. However, the benefits of cost control actions are beginning to take hold to improve overall profitability.”Barry L. Pennypacker, president and ceo of Manitowoc Cranes, added: “During the quarter, we saw pockets of better demand within our all-terrain category fueled by our new five-axle GMK5250L. However, the overall business remains challenged by an uncertain macro-economic environment.”In light of these circumstances, Manitowoc Cranes expects revenue for the full-year 2016 to remain flat.”The full-year 2016 net sales outlook for Manitowoc Cranes assumes no improvement in the global economic backdrop, but modest stabilisation in demand,” added Pennypacker.  www.manitowoccranes.comlast_img read more

Parkway rolls past Shreve for fifth straight win

first_imgThe Parkway Panthers have been on a roll since losing their season opener to Calvary Baptist.Parkway won its fifth straight game Thursday night, routing Captain Shreve 49-14 at Preston Crownover Stadium in a District 1-5A opener.The Panthers improved to 5-1 overall. They’ve won every game by at least 24 points during their winning streak. Captain Shreve dropped to 3-3 with its third straight loss.Parkway junior quarterback Keondre Wudtee completed eight of 14 passes for 266 yards and four touchdowns to four different receivers.Wudtee’s first TD pass went for 93 yards to Jared Lancaster. Stacy McCray (34 yards), Artavious Lynn (24 yards) and Demetrius McAtee (23 yards) also had TD catches.William McKnight (20 yards), Maleck Zeidan (19 yards) and Juwon Johnson (64yards) had rushing touchdowns, Johnson’s came after he bobbled the snap while back to punt.The Panthers piled up 447 yards total offense, 175 on the ground and 272 through the air.The defense limited the a Gators to 223 total yards.Dante Williams, Kaleb Monroe and Henry Sandifer led the defense with 10 tackles apiece. Kyle Still had eight. Juwon Johnson, Semaj Tarver and Willie Johnson had seven apiece.Monroe intercepted a pass and returned it 72 yards. Parkway continues district play next Thursday night against Southwood at Lee Hedges Stadium. The Cowboys (2-4) lost to Haughton 28-7 Thursday night.— Russell Hedges, [email protected] by CNBC CatalystBlockchain Is Changing the Game for Trade Financing. Here’s How It’s Driving Future Global Trade.StanChart by CNBC Catalyst|SponsoredSponsoredUndoTop Expat InsuranceExpat Living in Hong Kong without Health Insurance?Top Expat Insurance|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?|SponsoredSponsoredUndoInstant Voice TranslatorInstant Voice Translator (43 Languages) Takes Hong Kong By StormInstant Voice Translator|SponsoredSponsoredUndoDating.comTung Chung is actually full of single men. Check them out on this premium dating site!|SponsoredSponsoredUndoStrategyCombatIf you own a Computer, then you have to play this Game. No Install.StrategyCombat|SponsoredSponsoredUndolast_img read more