SASKATOON — Cameco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co., one of the world's largest nuclear services businesses.
The uranium miner says it's loss attributable to equity holders amounted to $7 million or two cents per diluted share for the quarter ended March 31 compared with a profit of $119 million or 27 cents per diluted share a year earlier.On an adjusted basis, Cameco says it earned 13 cents per share in its latest quarter, down from 27 cents per share a year earlier.Last year, Cameco and Brookfield Renewable Partners closed their deal to buy Westinghouse Electric for US$4.
Under the deal, Brookfield Renewable, with its institutional partners, hold a 51 per cent stake, while Cameco owns 49 per cent. Here’s How Much You’d Have Now If You Invested $1,000 in Warren Buffett’s Berkshire Hathaway 10 Years AgoDo you have some extra cash to spare? These three discounted stocks are poised for a rebound. The post 3 Beaten-Down Stocks that Could Take Off in the New Bull Market appeared first on The Motley Fool Canada.These two dividend stocks don't just offer a nice dividend, but huge growth. With one potentially being a major winner in 2024.
Toronto police say they have laid 102 charges in a major synthetic identity fraud investigation involving 12 people.Investigators announced the results of Project Déjà Vu at a news conference Monday, after its financial crimes unit began investigating a synthetic-identity credit fraud scheme that reportedly dated back to 2016. The two-year long investigation was dubbed Project Déjà Vu, following a similar synthetic identity fraud investigation in 2014 called Operation Mouse.
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