Potash Corp. of Saskatchewan Inc., the largest North American producer of its namesake fertilizer, posted better-than-expected first-quarter earnings and sales as the market for the commodity began to recover following last year’s price plunge.
Canadian Pacific Railway Ltd. surged the most in six months after reporting first-quarter profit that beat analysts’ estimates, as a drop in benefits and compensation spending helped blunt weather-related costs.
Canadian National Railway Co. said the weather-related issues that hampered revenue growth in late 2013 are continuing this month and will probably add to first- quarter expenses at Canada’s largest railroad.
Magna International Inc., North America’s top autoparts stock in the past six months, says it can squeeze more profit from Europe as it moves factories east to feed booming U.S. demand for German cars.
The U.S. Federal Communications Commission is considering rules that would force mobile carriers to warn customers when they’re about to incur fees for using more voice minutes or data than their plan allows.
The Dodd-Frank financial regulation law may require the federal government to spend almost $1 billion and hire or transfer more than 2,000 employees in the months ahead, according to the Government Accountability Office.
Potash Corp. of Saskatchewan Inc., the largest fertilizer producer by market value, cut its earnings forecast and reported profit that missed analysts’ estimates after a drop in prices for its namesake crop nutrient.