A&W raises distribution

A&W Revenue Royalties Income Fund increased its distributions to unitholders as it reported its first-quarter profit fell compared with a year ago due to a non-cash charge. The fund says it will now pay a monthly cash distribution of 15.4 cents per unit, up from 14.7 cents per unit. The increased payment to unitholders came […]

TransCanada’s $1B profit

TransCanada Corp. topped expectations as it reported a profit of $1.00 billion in its latest quarter, up from $734 million a year ago, as its revenue edged higher. The pipeline company says the profit amounted to $1.09 per share for the quarter ended March 31. That compared with a profit of 83 cents per share […]

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