MONTREAL — Travel company Transat AT Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue edged lower.
Traders' odds of a 25 basis point Fed cut now stand at 85%, from around 50% just days ago
The parent company of Air Transat says it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31.Revenue in what was the company's third quarter totalled $736.2 million, down from $746.3 million in the same quarter last year. On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.
Transat chief executive Annick Guérard says demand for leisure travel remains healthy, as evidenced by higher traffic, but consumers are increasingly price conscious given the current economic uncertainty.We recently published a list of 10 Best US Stocks to Buy Under $5. In this article, we are going to take a look at where Geron Corporation stands against the other stocks to buy under $5. Investors are becoming increasingly nervous amid a slowing U.S. economy.
Diluted Share Transat AT Inc. The Canadian Press Adjusted Basis
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa, Quebec tout 'new business model' to fast-track affordable housingMONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Read more »
Ottawa, Quebec tout 'new business model' to fast-track affordable housingMONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Read more »
Ottawa, Quebec tout 'new business model' to fast-track affordable housingMONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Read more »
Ottawa, Quebec tout 'new business model' to fast-track affordable housingMONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Read more »
Ontario woman thought she spent $39 on theatre tickets. She didn't. Here's what happenedAn Ontario woman paid seven times more for her theatre tickets than she thought she did. 'I was shocked. I had no idea the tickets were going to cost that much.'
Read more »
Seven & I Rejects Couche-Tard’s Takeover Proposal as Too Low(Bloomberg) -- Seven & i Holdings Co. rejected a $39 billion takeover proposal from Alimentation Couche-Tard Inc. as too low and fraught with regulatory risk...
Read more »