Business

Hinshaw urges Albertans to follow COVID-19 rules as record-breaking 30 deaths reported Thursday – Calgary Herald

Published

4 years ago

December 17, 2020

Over the last 24 hours, another 1,571 COVID-19 cases were identified in the province after the completion of about 19,800 tests. This represents a 7.9-per-cent positivity rate.

The active case count in Alberta is now 19,865 with 763 in hospital, 138 of whom are in ICU.

There are also active alerts or outbreaks in 450 schools in Alberta, which is about 19 per cent overall. A combined total of 1,966 cases are linked to schools, which includes 126 sites currently on the provincial watchlist.

As holiday breaks near for many Albertans, Hinshaw urged people to follow COVID-19 precautions.

“This year we can and must celebrate differently. Holiday gatherings with people outside your household are not only against the restrictions that are in place but they are also the wrong thing to do right now,” she said.

“The compassionate choice is to follow the rules.”

COVID-19 vaccines have been hailed as a “light at the end of the tunnel”, but Albertans must be patient.

“There are about 4.4 million Albertans. It will take time to get enough vaccine to everyone who wants it,” said Hinshaw. “Please be patient while we all wait for our turn and be supportive of those who are in the initial groups to be immunized.”

Critical health-care and long-term care workers are among the first to be immunized in Alberta considering they are at the greatest risk of infection, explained Hinshaw. As of Wednesday night, 394 health-care workers had received the first dose of vaccine.

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Business

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

Published

4 hours ago

November 5, 2024

Anne Joseph

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)

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

Published

4 hours ago

November 5, 2024

Anne Joseph

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)

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

Published

4 hours ago

November 5, 2024

Anne Joseph

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)

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