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China’s exports rose 8.5%, continuing its growth streak at a slower pace
China’s exports grew 8.5% in April in U.S. dollar terms, marking a second-straight month of growth. Economists polled by Reuters estimated exports would rise 8% in April, while imports were […] This post is only…
Suncor Energy’s Adjusted Earnings Decline 34 Per Cent Year-Over-Year
Suncor Energy Inc. says it earned $2.05 billion in the first quarter of 2023, down from $2.95 billion in the same quarter of 2022.The Calgary-based energy giant’s net earnings included […] This post is only…
Watch for this buying opportunity in Canadian banks
“Fed hiking cycles always break something,” wrote BofA Securities investment strategist Michael Hartnett on Friday. This time, he said, it’s the U.S. regional banking system.The crisis in U.S. regional banks […] This post is only…
Mexico poised to enter global liquefied natural gas industry and surpass Canada
Mexico is poised to catch the next wave of demand for liquefied natural gas and surpass Canada in the global race to be a new entrant for exporting the fuel.Momentum for LNG exports […] This post is only…
Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year
Enbridge Inc. (TSE:ENB) will increase its dividend from last year’s comparable payment on the 1st of June to CA$0.8875. This takes the dividend yield to 6.6%, which shareholders will be pleased […] This post is only…
Economic Calendar: May 8 – May 12
Monday May 8China aggregate yuan financing, new loans and money supplyJapan services and composite PMIGermany industrial production(10 a.m. ET) U.S. wholesale inventories for March.(2 p.m. ET) U.S. Fed Senior Loan […] This post is only…
Earnings: May 8 – May 12
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Enbridge Reports $1.7B Q1 Profit, Down From $1.9B A Year Earlier
Enbridge Inc. reported a first-quarter profit of $1.7 billion, down from $1.9 billion a year ago as it was hit by a realized loss due to the termination of foreign […] This post is only…
Magna International Reports Q1 Profit Down From Year Ago, Sales Up 11%
The Canadian Press – Canadian Press – Fri May 5, 6:12AM CDTMagna International Inc. upgraded its outlook for its sales and profit for the year as it reported its first-quarter profit fell compared […] This post is only…