Power corporation of Canada (TSX: POW) reports Q3 results. | Kalkine Market Update CA |

  • November 13, 2020 12:46 PM EST
  • Team Kalkine

In the third quarter of 2020, Power Corporation reported net earnings of C$505 million, up from C$359 million in 2019. Net asset value per share of C$34.94 in Q3, an increase of 6 percent as compared to C$32.96 a quarter ago.

International Energy Agency Slashes Oil Demand Forecasts

IEA reduced oil-demand projections for the current quarter by 1.2 million barrels a day. The Paris-based agency cut down outlook due to new containment measures and the unavailability of vaccines immediately.

Loblaw (TSX:L) Q3 Revenue Increases By 6.9%

Revenue surged to C$15.67 billion in third-quarter 2020, up by over C$1 billion YoY. Operating income of C$718 million in Q3 2020, up 4.1% YoY.


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