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Oil rises 1% as tight supply outweighs economic worries
Oil rises 1% as tight supply outweighs economic worriesOil prices edged up about 1% to a two-week high in volatile trade on Tuesday as the market focused more on tight […] This post is only…
Dow rallies more than 700 points in rebound as traders bet that the bottom is in
Dow rallies more than 700 points in rebound as traders bet that the bottom is inStocks rallied Tuesday, with the market resuming a bounce from last month’s lows, as traders […] This post is only…
Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million
Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 millionNetflix reported earnings after the bell. Here are the results:EPS: $3.20 vs $2.94 per share, according to Refinitiv.Revenue: $7.97 […] This post is only…
Canada’s West Fraser Timber target of joint bid by private equity firm CVC, panel maker Kronospan: report
Canada’s West Fraser Timber target of joint bid by private equity firm CVC, panel maker Kronospan: reportPrivate equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint […] This post is only…
Before the Bell: July 19
Before the Bell: July 19EquitiesWall Street futures were higher early Tuesday as traders await late-day results from Netflix Inc. Major European markets steadied as the session progressed. TSX futures were […] This post is only…
July 19 : Oil prices ease from sharp spike, soft dollar supports
July 19 : Oil prices ease from sharp spike, soft dollar supportsOil prices ran out of steam on Tuesday after gaining more than $5 a barrel in the previous session […] This post is only…
The froth is off: Canadian houses now selling at $200K discounts
The froth is off: Canadian houses now selling at $200K discountsThe plunge is merely a correction of a Canadian real estate market that has long operated beyond any reasonable notion […] This post is only…
Asia-Pacific markets mostly lower after a positive start to the week
Asia-Pacific markets mostly lower after a positive start to the weekShares in the Asia-Pacific were mostly lower Tuesday after a positive start to the week, and as investors digested Australia’s […] This post is only…
Suncor shakeup should have been led by the board, not an activist hedge fund
Suncor shakeup should have been led by the board, not an activist hedge fundIn boxing terms, U.S. activist Elliott Investment Management LP scored a knockout on Monday in its bout […] This post is only…