During Tuesday’s testimony in front of the Senate Banking Committee as a part of the CARES act, Powell said that risk of persistent inflation has risen and said that the central bank may need to speed up its reduction of asset-purchases, which could set the table for faster interest-rate increases by the Fed, potentially bearish […]
is enjoying a big bounce Monday, almost enough to erase the previous sessions drubbing, but most of the exchange’s components are actually losing ground. …Read the full story
31, the Canadian online grocery, home-meal and meal-kit company said loss per share was 30 Canadian cents , compared with a per-share profit of C$0.02 a year earlier. relationships and build investor experiences. …Read the full story
rose 0.9% in morning trading Monday, after UBS analyst Jon Rigby turned bullish on the oil and gas giant for the first time in 1 1/2 years, saying the oil upcycle is not yet reflected in the share price. …Read the full story
The Canadian energy transition company said it has agreed to sell a total of 125,000 B.C. “This multi-year agreement, which extends to January 2024, significantly reduces the value realization risk on a portion of the B.C. relationships and build investor experiences. …Read the full story
“Cost savings suggest the ability to generate positive Ebitda with the current sales base by 1H23 with Aurora sporting the financial resources to patiently pursue its strategy.” Late Tuesday, the company reported a first-quarter loss of C$11.9 million , or 6 cents a share, compared to a loss of 90 cents a share a year […]
“As domestic peers are forced to pivot away from the everyday low-price segment and resort to buying from producers such as Pure Sun Farms, we think VFF will gain market share in both the domestic-branded and unbranded segments and will likely undercut Canadian peers in the export markets once it gets all the proper permits.” […]
Cantor Fitzgerald analyst Pablo Zuanic said late Friday the measure “significantly increases the probability of federal level marijuana reform” during the current term. …Read the full story
On the occasion of the National Tree Planting Day in the Republic of the Congo, TotalEnergies has launched the “Batéké Carbon Sink” afforestation operations. We warmly thank the Republic of the Congo, whose support for the operation is essential, for its commitment to the preservation of forests and the promotion of afforestation activities,” said Nicolas […]
“The company is taking steps to improve its Canadian recreational business, with increased supply of in-demand high THC flower products and new product launches across flower, pre-roll joints, vapes, edibles and beverages expected to improve market share.” Shares of Canopy Growth fell 3% in pre-market trades. …Read the full story
relationships and build investor experiences. …Read the full story
The number of advancing stocks are dominating decliners 2,276 to 920 on the NYSE and 3,087 to 1,159 on the Nasdaq, while volume in advancing shares is 79.5% of total NYSE volume and 72.1% of total Nasdaq volume. …Read the full story
relationships and build investor experiences. …Read the full story
said Friday it has a net loss of C$67.9 million in its fiscal fourth quarter to July 31, after a loss of C$169.5 million in the year-earlier period. …Read the full story
The research outfit said that from 1988 to 2020 average declines for the benchmarks ranged from 0.4% for the Russell 2000 to 0.8% by Dow. Jeff Hirsch, editor of the Stock Trader’s Almanac, said that the first nine trading days of August tend to be the most prone to weakness while the rest of the […]
Trading in New York Stock Exchange-listed stocks on Friday were exhibiting panic-like-selling behavior to end a turbulent week of trading, featuring two days of congressioal testimony from Federal Reserve Chairman Jerome Powell and a trove of key economic reports. …Read the full story
Powell told lawmakers on Wednesday that the central bank wouldn’t be in a hurry to start paring monthly asset purchases and that the economy “is still a ways off.” Meanwhile, in economic data, first-time claims for U.S. …Read the full story
stock indexes on Tuesday morning edged slightly lower from Monday’s record closes, as investors assessed a hotter-than-expected consumer inflation report for June, which suggests to some that the Federal Reserve may neeed to consider removing some of its monetary policy measures to avoid an overheated post-COVID economy. …Read the full story
These money and investing stories, popular with MarketWatch readers over the past week, can help you spot the signs that can affect your portfolio in what is shaping up as a summer of change for the U.S. …Read the full story
