Rogers Communications Inc. RCI-B-T +1.76%increase has slightly lowered its revenue expectations for 2024, blaming weaker performance in its media business during the final months of the year. The telecom company now expects its […]
Author: Consultant
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TSX Falls 2.2% As Stocks Tumble On Widespread Selling
Canadian stocks tumbled on a severe bout of selling pressure on Wednesday, pushing the benchmark S&P/TSX Composite Index to a six-week low, as political uncertainty and fears of tariff war […]
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Dow tanks by 1,100 points, posts first 10-day losing streak since 1974: Live updates
The Dow Jones Industrial Average sank deeper into the history books on Wednesday, with the index posting its 10th straight losing day as a disappointing rate outlook by the Federal Reserve rocked the stock […]
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Fed cuts by a quarter point, indicates fewer reductions ahead
The Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in December 2022. “Today was a closer […]
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U.S. crude and distillate stocks fall, gasoline inventories rise: EIA
U.S. crude stocks and distillate inventories fell while gasoline inventories rose in the week ending December 13, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 934,000 […]
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Calendar: Dec 16 – Dec 20
Monday December 16 China industrial production, retail sales and fixed asset investment Japan core machine orders and PMI Euro zone PMI and labour costs (8:15 a.m. ET) Canadian housing starts […]
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Wholesale prices rose 0.4% in November, more than expected
The producer price index increased 0.4% for November, higher than the Dow Jones consensus estimate for 0.2%. However, excluding food and energy, core PPI increased 0.2%, meeting the forecast. First-time […]
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Oil edges lower as IEA surplus forecast offsets rate cut optimism
Published Wed, Dec 11 20249:22 PM EST Updated 32 Min Ago Oil prices fell slightly Thursday as a forecast for ample supply in the oil market offset optimism stemming from […]
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Imperial (IMO) provides 2025 corporate guidance outlook
Imperial provides 2025 corporate guidance outlook | Business Wire mperial (TSE: IMO, NYSE American: IMO) today provided an update on its corporate guidance outlook for 2025. The company’s strategy remains […]