JPMorgan Chase says second-quarter profit fell 28% after building reserves for bad loansHere are the numbers: Earnings of $2.76 a share vs the $2.88 per share estimate of analysts surveyed […]
Author: Consultant
Dow futures fall more than 300 points as traders weigh potential for big rate hikes
JULY 14 Dow futures fall more than 300 points as traders weigh potential for big rate hikesStock futures fell Thursday as traders assess the possibility of even tighter U.S. monetary […]
Bullish on Atco Ltd.
Bullish on Atco Ltd.Atco ACO-X-T +0.80%increase (Friday’s close $44.09) had a major decline in early-2020 (A-B), followed by a recovery rally and a two-part base formation. The first part consisted of a horizontal […]
Cogeco Communications Q3 profit increases five per cent to $100.3-million
Cogeco Communications Q3 profit increases five per cent to $100.3-millionCogeco Communications Inc. CCA-T says its net profit in the third quarter increased five per cent to $100.3-million on a boost in revenues.The […]
July 14: Before the Bell
July 14: Before the BellEquitiesWall Street futures fell early Thursday as traders weigh the prospect of a more aggressive Federal Reserve and await U.S. bank earnings. Major European markets were […]
US Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
US Inflation rose 9.1% in JuneThe consumer price index increased 9.1% from a year ago in June, above the 8.8% Dow Jones estimate.Excluding food and energy, core CPI rose 5.9%, […]
Bank of Canada hikes interest rate to 2.5% — biggest jump since 1998
Bank of Canada hikes interest rate to 2.5% — biggest jump since 1998The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 […]
Bank of Canada raises key rate by 1 percentage point, surprising markets with biggest move since 1998
Bank of Canada raises key rate by 1 percentage point, surprising markets with biggest move since 1998The Bank of Canada increased its benchmark interest rate by one percentage point on Wednesday, the […]
July 12 -The close: TSX hits 16-month low as energy stocks tumble
July 12 -The close: TSX hits 16-month low as energy stocks tumbleCanada’s main stock index fell on Tuesday to its lowest level in 16 months as crude oil prices tumbled […]