profits Archives | Alberta Farmer Express

JBS to resume U.S. share listing plan after COVID-19 fallout

Management looking also for US$100 million in cost cuts

By Ana Mano, GFM Network News August 15, 2020

Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, as the world’s largest meatpacker reported strong quarterly results. Speaking on a conference call with analysts following the company’s second-quarter results, Tomazoni said the focus […] Read more

File photo of a worker checking cannabis plants at a Tilray factory hothouse at Cantanhede, about 220 km north of Lisbon, on April 24, 2019. (Photo: Reuters/Rafael Marchante)

Crops, Reuters

Tilray, in cost reduction mode, cuts 10 per cent of workforce

By Nichola Saminather February 5, 2020

Toronto | Reuters — Tilray Inc. has cut 10 per cent of its 1,443-strong workforce as part of a global restructuring effort to reduce costs, the cannabis producer said Tuesday. “By reducing headcount and cost, Tilray will be better positioned to achieve profitability and be one of the clear winners in the cannabis industry,” the […] Read more

John Deere in October announced updates to its 7R tractor line for 2020, including the 7R 210 shown here. (Deere.ca)

General, Machinery & Shop, Reuters

Deere bets on cost cuts, services push to boost profits

By Rajesh Kumar Singh January 8, 2020

Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. In a pitch to investors, CEO John May said the measures are expected to boost operating profit margin to 15 per cent by 2022 […] Read more

A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)

Crops, Machinery & Shop, Reuters

Canadian railways in catch-22 over crude shipment

By Ahmed Farhatha, Anirban Paul March 27, 2018

Reuters — Canadian railway operators see a lucrative opportunity to transport more crude oil to the U.S. as a rise in output forces producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to […] Read more

U.S. grains: Corn, soy drop; soyoil limit-down

U.S. livestock: Cattle gain on strong packer margins

U.S. livestock: Lean hogs end mostly higher

GFM Network News

U.S. grains: Corn, soy drop; soyoil limit-down

U.S. livestock: Cattle gain on strong packer margins

U.S. livestock: Lean hogs end mostly higher

Tag Archives profits

Tilray, in cost reduction mode, cuts 10 per cent of workforce

Deere bets on cost cuts, services push to boost profits

Canadian railways in catch-22 over crude shipment

GFM Podcasts

Springtime signals shearing, animal protection laws see dispute, markets eye the weather

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 11, 2021.

GFM Network News

GFM Podcasts

Special Podcast

AgCanadaTV

Daily Newsletter