Canada’s main stock index slipped on Wednesday due to falling commodity stocks, as investors evaluated a half-point interest rate cut by the Bank of Canada and anticipated further reductions in […]
Author: Consultant
CN Rail profits inch down amid wildfires, labour standoffs
Canadian National Railway Co. CNR-T is reporting that profits nudged down in its latest quarter, when wildfires and labour disruptions took a toll on operations.The country’s largest railway says net income slipped […]
Calendar: Oct 21 – Oct 25
Monday October 21(10 a.m. ET) U.S. leading indicator for September. The Street is forecasting a decline of 0.3 per cent month-over-month.(2 p.m. ET) U.S. budget balance for September.Earnings include: Nucor […]
Imperial application to extend Norman Wells oil permit suspended by regulator
Imperial Oil’sIMO-T -0.49%decreaseapplication to extend the life of its remote Norman Wells oil and gas facility in the Northwest Territories has been put on hold pending an environmental assessment report, the […]
CN to Report Third-Quarter 2024 Financial and Operating Results on October 22, 2024
MONTREAL, Oct. 03, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) will issue its third-quarter 2024 financial and operating results after the market close on October 22, 2024.CN’s senior […]
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The Biden administration rang up a budget topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record. Interest expense for […]
Oct 17: TSX Records New Intraday, Closing Highs
Published: 10/17/2024 6:00 PM ET | The Canadian market climbed to a fresh record high on Thursday with stocks from materials and energy sectors moving higher on firm commodity prices. A rate cut […]
Royal Bank of Canada announces NVCC AT1 Limited Recourse Capital Notes issue
TORONTO, Oct. 17, 2024 /CNW/ – Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced the offering of US$1.0 billion of non-viability contingent capital (NVCC) Additional Tier 1 (AT1) Limited Recourse Capital Notes, Series 5 (the […]