News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Equities in Toronto opened lower on Thursday as losses in metal prices pulled down mining shares, while investors assessed U.S. economic data to gauge Federal Reserve's interest-rate path. The TSX Composite Index weakened 130.91 points to open Thursday ...
The stock of IBM is up about 3% after the technology giant reported second-quarter financial results that exceeded Wall Street forecasts. Armonk, New York-based IBM announced earnings per share (EPS) of $2.43 U.S. compared to $2.20 U.S. that was ...
China urgently needs consolidation in the solar manufacturing industry as overcapacity and price wars are leading local companies to a race to the bottom, a major industry group said on Thursday. Chinese solar companies, local and central governments, ...
Wildfires raging in Alberta are still spreading, jeopardizing more crude oil production and prompting evacuation alerts. For now, the amount of oil production curtailed because of the wildfires is modest but there are fears that if the fires continue ...
The Bank of Canada emphasized that the national economy is slowing in announcing its decision to lower its trendsetting overnight interest rate by a further 25-basis points to 4.50%. For the second time in two months, Canada’s central bank reduced ...
Southwest Airlines (LUV), the largest discount carrier in the U.S., has reported a 46% year-over-year decline in its second-quarter profit, sending its stock tumbling. However, despite the sharp decline, Dallas, Texas-based Southwest still managed ...
Ford Motor Co.’s (F) stock is down 13% after the automaker reported a big miss for its second-quarter profit. The Detroit-based company announced earnings per share (EPS) of $0.47 U.S. versus $0.68 U.S. that had been the consensus expectation of ...
Thursday is a potential turning point for the stock market’s sentiment. Alphabet (GOOG) led the decline with a 5.03% drop, followed by Meta Platforms (META), Microsoft (MSFT), Apple (AAPL), and Amazon (AMZN). Markets did not spare the artificial ...
FirstService Corporation (T.FSV) hit a new 52-week high of $234.99 Thursday. FirstService reported results for its second quarter ended June 30, 2024. All amounts are in U.S. dollars. Consolidated revenues for the second quarter were $1.30 billion, a ...
Bally’s Corporation (NYSE: BALY) announced today that it has entered into a definitive merger agreement pursuant to which Standard General L.P., the Company’s largest common stockholder, will acquire the Company’s outstanding shares for $18.25 per Bally’s ...
Equities in Toronto opened lower on Thursday as losses in metal prices pulled down mining shares, while investors assessed U.S. economic data to gauge Federal Reserve's interest-rate path. The TSX Composite Index weakened 130.91 points to open Thursday ...
Philadelphia-based Carpenter Technology Corporation (NYSE: CRS) noted its shares taking off Thursday, on word of financial results for the fiscal fourth quarter ended June 30, 2024. For the quarter, the Company reported operating income of $108.3 million, ...
Futures linked to Canada's main stock index tumbled on Thursday, pulled down by declines in oil and metal prices, while investors assessed the possibility of more rate cuts by the Bank of Canada after easing its policy for the second time this year on ...
Tel Aviv-Based Chemomab Therapeutics Ltd. (NASDAQ: CMMB) started the trading day sharply down, as the clinical stage biotechnology company developing innovative therapeutics for fibro-inflammatory diseases with high unmet need, announced that it has ...
Beverage company Keurig Dr Pepper (KDP) has released second-quarter financial results that matched forecasts on Wall Street. The Plano, Texas-based company that makes drinks such as Snapple, Canada Dry, Sunkist and Dr. Pepper reported earnings per ...
The reaction to the Q2 earnings season continues after Chipotle (CMG) posted results. The firm’s stock will add around 4% this morning after reporting earnings per share of $0.34 (non-GAAP). Revenue increased by 18.3% Y/Y to $2.97 billion. These ...
Japan’s Nikkei 225 marked its seventh straight day of losses to plunge 3.28%, leading declines among Asian indexes as the region saw a broad selloff after Wall Street tumbled overnight. In Japan, the index plunged 1,285.34 points, or 3.3%, to 37,869.51, ...
Yesterday’s selling pressure on above-average volume is a potential turning point for stock markets. Before that, the market exhibited minimal volatility. The daily price change for the indices was often less than 0.25% - 0.50%. Nasdaq’s (QQQ) 3.64% ...
The stock of Chipotle Mexican Grill (CMG) is marching higher after the restaurant chain posted better-than-expected second-quarter financial results. The Newport Beach, California-based company reported earnings per share (EPS) of $0.34 U.S. compared ...
Today HP Inc. (NYSE: HPQ) shares decrease Thursday, on announcing new, comprehensive U.S. consumer financing options for HP products purchased on HP.com2. By leveraging ChargeAfter’s technology and collaborating with three leading financial providers ...
The energy sector is very used to a “not in my back yard” (nimby) backlash from communities opposing new projects, following decades of protests worldwide against fossil fuel and renewable energy developments. Now, the nimby response in the U.K. is threatening ...
Markets will punish speculators who bought Ford Motor (F) stock ahead of its second-quarter results. Shares traded in a $12.00 range since February and broke out to $14.39. Ford will lose nearly 12% today after reporting disappointing adjusted EBIT. ...
The UK’s natural gas network will be capable of accommodating hydrogen to supply it as fuel to households and industries, according to a report based on a trial by National Gas cited by Reuters. Natural gas is currently the single largest energy ...
Canadian Imperial Bank Of Commerce (T.CM) hit a new 52-week high of $69.85 Wednesday. CIBC Asset Management Inc. today announced the July 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly. Kits ...
Banco Santander (NYSE:SAN) posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil. The company’s net profit attributable ...
Visa’s (V) stock is down 4% after the credit card giant delivered financial results that disappointed analysts and investors. Visa reported fiscal third-quarter earnings per share (EPS) of $2.42 U.S., which matched Wall Street forecasts. Revenue ...
After selling off yesterday by falling 7.58%, the semiconductor star NXP Semiconductors (NXPI) may bounce back. The firm posted Q3 revenue guidance of up to $3.35 and diluted EPS of $2.60 - $3.01. Analysts expected an EPS of $3.60. NXPI stock has ...
Meta Platforms (META) has launched a new version of its Llama artificial intelligence (A.I.) model, which users can access for free. Called “Llama 3.1,” the new technology comes in three different versions, with one being the largest and most advanced ...
U.S. telecommunications giant AT&T (T) has issued second-quarter financial results that fell short of Wall Street estimates due to a continued erosion of fibre-optic customers. The Dallas, Texas-based company reported earnings per share (EPS) of ...
U.S. crude oil futures rebounded more than 1% on Wednesday, as stockpiles fell, gasoline demand rose and wildfires in Canada raise the risk of supply disruptions. U.S. crude stockpiles fell by 3.7 million barrels and gasoline inventories decline ...
The stock of Texas Instruments is up 3% after the microchip developer raised its forward guidance on the back of strong second-quarter financial results. The Dallas, Texas-based company reported earnings per share (EPS) of $1.22 U.S., which topped ...
The stock of Tesla (TSLA) is down 8% after the electric vehicle manufacturer reported disappointing second-quarter financial results due to a continued slump in sales. The company reported earnings per share (EPS) of $0.52 U.S. versus $0.62 U.S. ...
Deutsche Bank (NYSE:DB) on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank division and confirmed it would not make a second share buyback this year. Shares ...