Sales rose from $3.37 billion to a complete of $4.15 billion. On an adjusted basis, Barrick said it earned 58 cents per share in its most up-to-date quarter, compared with adjusted earnings of 30 cents per share a 12 months ago.
Gold production totaled 829,000 ounces within the quarter, down from 943,000 ounces a 12 months ago, while the corporate’s realized gold price increased to $3,457 per ounce, down from $2,494 per ounce a 12 months ago. Copper production was 55,000 tonnes, up from 48,000 tonnes a 12 months ago, while Barrick’s realized copper price for the quarter was $4.39 per pound, up from $4.27 per pound within the year-ago quarter.
Barrick increased its base quarterly dividend from 10 cents to 12.5 cents per share and declared a further performance dividend of 5 cents per share for the quarter, for a complete payment of 17.5 cents per share.
In September, Barrick named Mark Hill interim president and CEO after Mark Bristow suddenly stepped down from the highest job. The company says it’s working with a recruiting firm to seek out a everlasting president and CEO.
MEG Energy reported third-quarter profit of $159 million, down from a 12 months earlier
(TSX:MEG)
Figures for the third quarter of 2025:
- Benefit: $159 million (vs. $167 million a 12 months ago)
- Revenue: $1.18 billion (was $1.27 billion)
The oil sands producer MEG Energy Corp. said its profits fell within the third quarter. Net income for the period ended September 30 was $159 million, down from $167 million in the identical period last 12 months. Diluted earnings per share were flat year-over-year at 62 cents.
Revenue for the quarter was $1.18 billion, down from $1.27 billion in the identical period last 12 months. Production within the quarter reached a record 108,166 barrels per day in comparison with 103,298 within the year-ago quarter.
Last week, MEG Energy shareholders voted for an $8.6 billion takeover by Cenovus Energy Inc. (TSX:CVE). The deal is anticipated to shut this month following final court approval and other customary conditions.
Food and drugstore retailer Loblaw reported third-quarter profit and sales above the previous 12 months
Loblaw Cos. Ltd. (TSX:L)
Figures for the third quarter of 2025:
- Benefit: $794 million (vs. $777 million last 12 months)
- Revenue: $19.40 billion (was $18.54 billion)
Food and drug retailer Loblaw Cos. Ltd. reported year-over-year profit and revenue within the third quarter. The company behind Loblaws and Shoppers Drug Mart said it had profit attributable to common shareholders of $794 million, or 66 cents per diluted share, for the quarter ended Oct. 4. The result compares with a profit of $777 million, or 63 cents per diluted share, within the year-ago quarter.
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Sales totaled $19.40 billion for the 16-week period, up from $18.54 billion a 12 months ago.
The company’s Hard Discount and Real Canadian Superstore banners outperformed brick-and-mortar stores as consumers proceed to search for value, Loblaw said in a news release. Grocery retail sales rose two percent, while drugstore retail sales rose 4 percent, with pharmacy and healthcare same-store sales increasing 5.9 percent and front-line same-store sales increasing 1.9 percent.
RBC analyst Irene Nattel said in a note to clients that it was “another solid quarter” for the corporate, although same-store grocery sales and revenue fell “a bit short of forecasts.”
On an adjusted basis, the corporate earned 69 cents per diluted share last quarter, compared with adjusted earnings of 62 cents per diluted share a 12 months ago, in keeping with Loblaw.
Manulife reported third-quarter profit of $1.8 billion, down barely from a 12 months ago
Manulife Financial Corp. (TSX:MFC)
Figures for the third quarter of 2025:
- Benefit: $1.8 billion (up from $1.84 billion a 12 months ago)
Manulife Financial Corp. reported third-quarter net income attributable to shareholders of $1.8 billion, down barely from $1.84 billion in the identical period last 12 months. According to the insurer, adjusted earnings, generally known as core earnings, were $2 billion, compared with $1.83 billion in the identical quarter last 12 months.
Manulife CEO Phil Witherington said the corporate’s core profits reached record levels in Asia and Canada. Core earnings for Manulife’s Asia segment were $550 million, while core earnings for its Canada segment were $428 million.
Manulife’s revenue got here as the corporate launched a brand new platform called the Longevity Institute, whose stated goal was to assist people live longer, more financially secure lives. The company says it plans to commit $350 million to the platform by 2030.
