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Walmart Cuts Q2, FY Profit Outlook; Stock Down
Walmart Cuts Q2, FY Profit Outlook; Stock DownWalmart Inc. (WMT) cut its profit outlook for the second-quarter and fiscal year 2023, saying that high food and fuel prices are hurting […] This post is only…
Gold Slips as Investors Prepare for Fed’s Jumbo Rate Hike
Gold Slips as Investors Prepare for Fed’s Jumbo Rate HikeGold headed back down after posting the biggest weekly gain since May as investors weighed prospects for tighter US monetary policy […] This post is only…
Cars, Gas power May Retail Sales
Cars, Gas power May Retail SalesCanadian retail sales jumped 2.2% in May, beating economists’ expectations. Good news right? Well, not really. The gain was driven more by higher prices, especially for gas, […] This post is only…
Newmont’s (NEM) Earnings and Revenues Lag Estimates in Q2
Newmont’s (NEM) Earnings and Revenues Lag Estimates in Q2Newmont Corporation NEM reported net income from continuing operations of $379 million or 48 cents per share in second-quarter 2022, down from $640 […] This post is only…
Newmont Announces Second Quarter 2022 Results
Newmont Announces Second Quarter 2022 ResultsBusiness Wire – Mon Jul 25, 6:00AM CDTNewmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2022 results.SECOND QUARTER 2022 RESULTSProduced 1.5 […] This post is only…
Japan slashes fiscal year GDP growth forecast to 2% on global demand slump
Japan slashes fiscal year GDP growth forecast to 2% on global demand slumpJapan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting […] This post is only…
GM, Ford confront Wall Street’s recession fears
GM, Ford confront Wall Street’s recession fearsGeneral Motors Co and Ford Motor Co are about to replay a script they have played out many times before – trying to convince […] This post is only…
More than a cultural icon: New report shows Canadian Tire has tremendous impact on country’s economy
More than a cultural icon: New report shows Canadian Tire has tremendous impact on country’s economyRetailer is a successful business story that generated $18-billion of income for Canadians in 2021Not […] This post is only…
Markets face what could be the most important week of summer with Fed, earnings and economic data
Markets face what could be the most important week of summer with Fed, earnings and economic dataThe busiest — and what could be the most important — week of the […] This post is only…