U.S. economy contracts in first quarter; trade and inventories mask underlying strengthThe U.S. economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in pandemic […]
Author: Consultant
Who is Elliott, the contentious investment firm trying to shake up Suncor?
Who is Elliott, the contentious investment firm trying to shake up Suncor?Activist investors rarely scare chief executives the way they used to. A decade ago, the sector was a magnet […]
Apple shares dip after company warns of a possible $8 billion hit from supply constraints
Apple shares dip after company warns of a possible $8 billion hit from supply constraintsApple’s revenue grew nearly 9% year over year during the quarter ended in March.But shares fell […]
Canadian banks stocks even more attractive after U.S. bank earnings reports: Scotiabank
Canadian banks stocks even more attractive after U.S. bank earnings reports: ScotiabankCIBC materials analyst Jacob Bout is concerned about a global food crisis,“The World Bank calculates there could be another […]
Before the Bell: April 27
Before the Bell: April 27EquitiesWall Street futures bounced higher early Wednesday after the previous session’s sell off with earnings remaining in focus. Major European markets were mixed after a weaker […]
Air Canada Reports First Quarter 2022 Financial Results
Air Canada Reports First Quarter 2022 Financial ResultsNEWS PROVIDED BYAir Canada Apr 26, 2022, 06:00 ETFirst quarter operating revenues of $2.573 billion, or about three-and-a-half times first quarter 2021 operating revenuesFirst quarter […]
Microsoft earnings beat across the board, stock up on outlook
Microsoft earnings beat across the board, stock up on outlookMicrosoft beat expectations on the top and bottom lines.Fourth-quarter revenue guidance for each of the company’s three business segments surpassed the […]
Stocks making the biggest moves after hours: Alphabet, Robinhood, Meta and more
Stocks making the biggest moves after hours: Alphabet, Robinhood, Meta and moreAlphabet — Shares tumbled more than 6% in extended trading after Google’s parent company reported an earnings miss. The firm reported […]
Russia is suspending gas supplies to Poland, Bulgaria
Officials in Poland and Bulgaria say Russia is suspending their countries’ natural gas deliveries starting on Wednesday.The suspensions would be the first since Russian President Vladimir Putin said last month […]