North American main stock indexes rallied on Thursday on hopes that the U.S. Federal Reserve had reached the end of its tightening campaign, while a raft of upbeat corporate updates […]
Author: Consultant
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Thomson Reuters reports higher third-quarter revenue, readies new AI tools
Thomson Reuters Corp.TRI-T +2.02%increaseTRI-T +2.02%increase reported higher third-quarter revenue and kept its key financial targets for the year steady as the information and software provider prepares to roll out new artificial-intelligence tools in […]
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Nutrien misses quarterly profit estimates as potash prices plummet
Nutrien NTR-T +0.78%increase fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer. Potash prices have been falling after shipments from Belarus […]
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Oil Futures Fail To Hold Gains, Settle Moderately Lower
Published: 11/1/2023 3:19 PM ET Oil futures failed to hold early gains and settled lower on Wednesday, weighed down by concerns that higher borrowing costs will likely hurt growth and the […]
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Canadian Market Settles Higher For 3rd Straight Day; TSX Gains 1.1%
Published: 11/1/2023 4:34 PM ET The Canadian market ended on a firm note on Wednesday, rising for a third straight session, as some strong earnings updates helped underpin sentiment. In addition […]
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Fed leaves interest rates unchanged again despite still-high inflation
The Federal Reserve on Wednesday held interest rates steady for the third time this year even as central bankers confront a surprisingly resilient economy and still too-high inflation. The widely expected decision […]
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Will natural gas prices keep rising?
Based on expectations of higher demand, U.S. natural gas prices have been on an upward trend since March when they bottomed out at US$1.99 per million British thermal units, or […]
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Canada Goose lowers financial guidance forecast amid ‘increasingly challenging’ global landscape
Canada Goose Holdings Inc. GOOS-T -9.85%decrease cut its financial guidance for its full year as it warned an “uncertain” and “increasingly challenging” global landscape along with an unseasonably warm September could hamper sales. […]
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Thomson Reuters reports Q3 profit rises to US$367M, revenue edges higher
Thomson Reuters Corp. reported a third-quarter profit of US$367 million, up from US$228 million in the same quarter last year. The company, which keeps its books in U.S. dollars, says […]