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

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

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

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

Klassen: Feeder cattle market in price-discovery phase

Ontario backs ‘horse experience’ businesses for horse upkeep

China’s 2020 corn, wheat imports reach record highs

GFM Network News

Klassen: Feeder cattle market in price-discovery phase

Ontario backs ‘horse experience’ businesses for horse upkeep

China’s 2020 corn, wheat imports reach record highs

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

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