- Reuters•2 hours ago
Canada's main stock index rose on Thursday as gains for heavyweight financial sector shares offset losses for gold mining stocks, while investors awaited a vote on a U.S. healthcare legislation replacement ...
- Reuters•23 hours ago
Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America. The takeover announced last year, the most significant energy deal since oil and natural gas prices crashed in mid-2014, had highlighted how pipeline companies were under pressure to merge as they grappled with overcapacity and sliding tariffs that had slowed dividend growth and unnerved investors. It is relatively common for layoffs to occur in mergers, and even without such deals oil and gas companies have been shedding staff in a bid to cut costs.
- American City Business Journals•yesterday
Canada-based Enbridge Inc. (ENB) is terminating about 1,000 employees starting March 22. The cuts represent about 6 percent of the company's entire headcount, according to a statement from Enrbidge. The company has a significant presence in Houston, though it declined to break out the job cuts by location or group.
ENB.TO : Summary for ENBRIDGE INC - Yahoo Finance
Enbridge Inc. (ENB.TO)
Toronto - Toronto Delayed Price. Currency in CAD
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|Day's Range||54.66 - 55.11|
|52 Week Range||48.60 - 59.19|
|PE Ratio (TTM)||28.33|
|Dividend & Yield||2.33 (4.28%)|
|1y Target Est||N/A|