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OLG confirms where in Ontario $65-million Lotto Max ticket was sold – CTV Toronto

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TORONTO —
The OLG has revealed where in Ontario the winning ticket for Tuesday’s “life-changing” $65 million draw was purchased.

According to the OLG, the winning ticket was purchased somewhere in York Region. Although, the OLG won’t say where exactly in York Region the ticket was sold due to security reasons.

A Maxmillions prize split between two other people in Canada was also won in Simcoe County. Those winners will walk away with more than $300,000.

The next Lotto Max draw will happen on Friday, with an estimated $21 million jackpot.

Last month, two tickets in Canada – one from Toronto and one from British Columbia – split the $70 million prize.

The winners of that prize have not yet come forward, the OLG told CTV News Toronto on Tuesday.

OLG spokesperson Tony Bitonti has previously CTV News Toronto that his first advice for any big winner is to “Let it all soak in.”

“There’s going to be a lot of activity in the coming days,” he said.

Bitonti said winners need to sign the back of their ticket immediately.

“That’s the most important part,” Bitonti said. 

He also recommends going to a retailer and scanning the ticket so that it’s validated and the OLG is notified.

“The terminal in the store will freeze,” he said. “And then it automatically contacts the support centre and they will call the store and we talk to the winner.”

Bitonti said he recommends getting financial advice and only telling those you trust before coming forward to officially claim the prize. 

The winner will be required by law to identify themselves and have their name revealed publicly.

According to the OLG, the odds of winning the $70 million payout with a single play is 1 in 33.2 million.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

The Canadian Press. All rights reserved.

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

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Thomson Reuters reports Q3 profit down from year ago as revenue rises

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TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:TRI)

The Canadian Press. All rights reserved.

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