Canada’s West Fraser Timber target of joint bid by private equity firm CVC, panel maker Kronospan: reportPrivate equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint […]
Author: Consultant
Before the Bell: July 19
Before the Bell: July 19EquitiesWall Street futures were higher early Tuesday as traders await late-day results from Netflix Inc. Major European markets steadied as the session progressed. TSX futures were […]
July 19 : Oil prices ease from sharp spike, soft dollar supports
July 19 : Oil prices ease from sharp spike, soft dollar supportsOil prices ran out of steam on Tuesday after gaining more than $5 a barrel in the previous session […]
The froth is off: Canadian houses now selling at $200K discounts
The froth is off: Canadian houses now selling at $200K discountsThe plunge is merely a correction of a Canadian real estate market that has long operated beyond any reasonable notion […]
Asia-Pacific markets mostly lower after a positive start to the week
Asia-Pacific markets mostly lower after a positive start to the weekShares in the Asia-Pacific were mostly lower Tuesday after a positive start to the week, and as investors digested Australia’s […]
Suncor shakeup should have been led by the board, not an activist hedge fund
Suncor shakeup should have been led by the board, not an activist hedge fundIn boxing terms, U.S. activist Elliott Investment Management LP scored a knockout on Monday in its bout […]
The case for Canada: A BlackRock senior strategist on energy, banks, bonds and why our market rules in 2022
The case for Canada: A BlackRock senior strategist on energy, banks, bonds and why our market rules in 2022This remarkably bad year for investing still has almost six months to […]
Bank of America revenue tops expectations as lender benefits from higher interest rates
Bank of America revenue tops expectations as lender benefits from higher interest ratesBank of America earnings dropped 32% to $6.25 billion, or 73 cents a share, from a year earlier […]
Goldman Sachs crushes analysts’ expectations on strong bond trading results, shares rise 3%
Goldman Sachs crushes analysts’ expectations on strong bond trading results, shares rise 3%Second-quarter profit fell 48% to $2.79 billion, or $7.73 a share, driven by industrywide declines in investment banking […]