British Columbia is forecasting a $12.8-billion deficit for the 2020-21 fiscal year. The deficits are driven by the economic impact of the novel coronavirus pandemic, but there is some optimism from the B.C. government based on recent job numbers. Finance Minister Carole James has outlined the financial picture based on […]
Forecast
J.M. Smucker lifts annual forecast on strong demand for coffee, frozen foods
(Reuters) – J.M. Smucker Co (SJM.N) on Tuesday raised its full-year targets after beating Wall Street estimates for first-quarter earnings and revenue on strong demand for its coffee, frozen sandwiches and peanut butter from stuck-at-home consumers. FILE PHOTO: Containers of Smuckers’s Jam are displayed in a supermarket in New York […]
Foot Locker Tops Q2 Earnings Forecast, Reinstates Dividend
Foot Locker Inc. (FL) – Get Report posted stronger-than-expected second quarter earnings Friday, and reinstated its dividend and share buyback programs, as the athletic retailer looks to move past store closures and slumping demand triggered by the coronavirus pandemic. Foot Locker said non-GAAP earnings for the three months ending on August 1 […]