Glencore’s ambition to take over Teck Resources has morphed into a protracted industry saga, and the Swiss commodities giant is now scrambling to win over the Canadian miner’s shareholders with […]
Author: Consultant
CN, UP, And GMXT Announce New Transformational Mexico-US-Canada Intermodal Service
PR Newswire – Mon Apr 24, 3:02PM CDTPartnership ContentFalcon Premium Intermodal Service Will Offer the Best Transit Times and ReliabilityMONTREAL, April 24, 2023 /PRNewswire/ — CN (TSX:CNR.TO) (NYSE:CNI), Union Pacific Railroad (NYSE:UNP) and GMXT (BMV:GMXT) […]
CN Rail Rides Higher Grain Volumes, Oil Prices To Record First-Quarter Revenue
The Canadian Press – Canadian Press – Mon Apr 24, 3:33PM CDTMONTREAL — Canadian National Railway Co. says it reaped record first-quarter revenues due to a bumper grain crop and higher oil prices.CN […]
U.S. consumer confidence fell to nine-month low in April
U.S. consumer confidence fell to a nine-month low in April led by a darkening outlook that augers a recession beginning in the near future, a survey showed on Tuesday.The Conference […]
Rex Murphy: 13 billion reasons Albertans should be livid
Thirteen billion dollars in government subsidies are going to Volkswagen to build an electric vehicle battery plant in Ontario. That’s what the Liberal government calls a “business case.” Thirteen billion […]
Calls to move away from the U.S. dollar are growing — but the greenback is still king
More and more countries — from Brazil to Southeast Asian nations — are calling for trade to be carried out in other currencies besides the U.S. dollar. To be clear, […]
Thursday’s TSX breakouts: Trading at a discount, this dividend stock may be poised for a comeback
On today’s TSX Breakouts report, there are 15 stocks on the positive breakouts list (stocks with positive price momentum), and 12 stocks are on the negative breakouts list (stocks with […]
Oil prices steady on uncertain global outlook and supply concerns (Apr 24)
Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by the prospect of tightening supplies.Brent crude […]
Apr. 24 – Before the Bell: Futures slip ahead of big tech results
EquitiesWall Street futures were weaker early Monday with earnings from big tech names set to dominate this week. Major European markets turned mixed after a weaker start. TSX futures were little changed.In […]