SASKATOON — Nutrien’s chief executive says improved mine automation helped the fertilizer giant increase potash production in the first quarter amid strong demand for its products.
The Saskatoon-based company saw unprecedented volatility in fertilizer markets last year that led it to indefinitely pause a planned ramp-up of potash production. Sales totalled US$5.4 billion, down 12 per cent from US$6.1 billion during the same quarter last year.These Canadian stocks could help TFSA investors generate solid tax-free capital gains and dividends. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago. The telecommunications company says it will now make a quarterly payment to shareholders of 38.91 cents per share, up from its previous rate of 37.61 cents per share. The increased payment to shareholders came as Telus reported net income attributable to common shares of $127 million or nine cents per share.
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Nutrien earnings down 71% in first quarter as lower fertilizer selling prices biteNutrien Ltd. says it earned US$165 million in its first quarter, down 71 per cent from US$576 million a year earlier.
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