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Money Postmedia reports Q1 profit, revenue down

07:07  12 january  2018
07:07  12 january  2018 Source:   msn.com

More than 150 grizzlies killed while NDP contemplated hunting policy

  More than 150 grizzlies killed while NDP contemplated hunting policy The B.C. NDP government's announcement banning hunting of grizzlies for trophies and food came too late for 159 grizzlies killed during the fall hunt, including 53 females. A total of 307 grizzlies were killed by hunters in all of 2017, a 30-per-cent increase over 235 in 2016 and the highest in years, reports the Ministry of Forests, Lands, Natural Resource Operations and Rural Development.Ian McAllister of Pacific Wild lamented what he considered the needless deaths of grizzlies due to political inaction.“Every part of the so-called meat hunt issue was flawed from the beginning,” he said.

Postmedia Network Canada reports .8M Q 1 profit , revenue down from year ago.

Revenue down , profits up in Yahoo's Q4. That revenue isn't reported as gross revenue , but rather as part of the net revenue left after subtracting commissions paid to advertising and other partners.

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TORONTO - Postmedia Network Canada Corp. reported a profit of $5.8 million in its latest quarter as it said revenue fell 10.3 per cent compared with a year earlier.

Quotes in the article

Postmedia Network Canada Corp

PNC.A

Burnaby RCMP investigating shots fired at a house Saturday night

  Burnaby RCMP investigating shots fired at a house Saturday night A quiet Burnaby street was the site of police tape and lights late Saturday night. Shortly after 10:30 p.m., Burnaby RCMP were on scene at Griffiths Avenue near Halligan Street — just east of Metrotown — investigating a report of shots fired. They found bullet casings in the street, and there was a report that […]A quiet Burnaby street was the site of police tape and lights late Saturday night.

JERUSALEM, May 24 (Reuters) - Bezeq Israel Telecom reported on Thursday a 26 percent drop in first quarter net profit , matching analyst estimates, as the company continued to face stiff competition in many of its segments. Revenue slipped 3.8 percent to 2.36 billion shekels.

Lockheed Martin Corp. LMT, -0.19% shares rose 1% premarket after the company reported earnings and revenue beats and lifted its 2018 guidance. Mortgage rates tumble as housing starts to drag down the economy.

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The media company says the profit amounted to six cents per share for the quarter ended Nov. 30 compared with a profit of $17.8 million or 10 cents per share a year ago when it benefited from a gain on debt settlement.

Revenue for what was the first quarter of the company's financial year totalled $189 million, compared with $210.8 million a year ago as a drop in print revenue more than offset gains on the digital side.

Print advertising revenue fell 17.9 per cent and print circulation revenue dropped 6.1 per cent, while digital revenue increased 14.5 per cent in the quarter with digital advertising revenue up 17.3 per cent.

Delta's profit dips 8 per cent but tops Street's expectations

  Delta's profit dips 8 per cent but tops Street's expectations Delta Air Lines reported that fourth-quarter profit slipped 8 per cent, but the results still beat expectations as average prices for passengers continued to creep higherDAL

Revenue down , profits up in Yahoo's Q4. That revenue isn't reported as gross revenue , but rather as part of the net revenue left after subtracting commissions paid to advertising and other partners.

Bristol-Myers Squibb Co. BMY, +0.50% reported a first -quarter profit beat and revenue miss early Thursday and changed its 2018 profit outlook. Earnings for the latest quarter declined to .49 billion, or 91 cents per share, from .57 billion, or 94 cents per share in the year-earlier period.

Total operating expenses excluding depreciation, amortization, impairment and restructuring decreased $26.0 million or 13.6 per cent compared with the same period a year earlier due to cost reduction initiatives.

In November, Postmedia (TSX:PNC.A, TSX:PNC.B) and Torstar Corp. (TSX:TS.B) announced they would trade 41 newspapers and close 36 of them, mainly in Ontario regions served by multiple publications, at a cost of nearly 300 jobs.

Defence rejects Crown's bid for adult sentence in Whistler slaying .
Defence rejects Crown's bid for adult sentence in Whistler slayingA lawyer for one of the three youths convicted in the 2015 swarming death of a Burnaby teen in Whistler argued on Thursday against a bid by the Crown to have his client sentenced as an adult.

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