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At midday: TSX set for biggest daily gain in a year on earnings boost
North American main stock indexes rallied on Thursday on hopes that the U.S. Federal Reserve had reached the end of its tightening campaign, while a raft of upbeat corporate updates […] This post is only…
Thomson Reuters reports higher third-quarter revenue, readies new AI tools
Thomson Reuters Corp.TRI-T +2.02%increaseTRI-T +2.02%increase reported higher third-quarter revenue and kept its key financial targets for the year steady as the information and software provider prepares to roll out new artificial-intelligence tools in […] This post is only…
Nutrien misses quarterly profit estimates as potash prices plummet
Nutrien NTR-T +0.78%increase fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer.Potash prices have been falling after shipments from Belarus and […] This post is only…
Oil Futures Fail To Hold Gains, Settle Moderately Lower
Published: 11/1/2023 3:19 PM ETOil futures failed to hold early gains and settled lower on Wednesday, weighed down by concerns that higher borrowing costs will likely hurt growth and the outlook […] This post is only…
Canadian Market Settles Higher For 3rd Straight Day; TSX Gains 1.1%
Published: 11/1/2023 4:34 PM ETThe Canadian market ended on a firm note on Wednesday, rising for a third straight session, as some strong earnings updates helped underpin sentiment.In addition to tracking […] This post is only…
Fed leaves interest rates unchanged again despite still-high inflation
The Federal Reserve on Wednesday held interest rates steady for the third time this year even as central bankers confront a surprisingly resilient economy and still too-high inflation.The widely expected decision left […] This post is only…
Will natural gas prices keep rising?
Based on expectations of higher demand, U.S. natural gas prices have been on an upward trend since March when they bottomed out at US$1.99 per million British thermal units, or […] This post is only…
Canada Goose lowers financial guidance forecast amid ‘increasingly challenging’ global landscape
Canada Goose Holdings Inc. GOOS-T -9.85%decrease cut its financial guidance for its full year as it warned an “uncertain” and “increasingly challenging” global landscape along with an unseasonably warm September could hamper sales.“The […] This post is only…
Thomson Reuters reports Q3 profit rises to US$367M, revenue edges higher
Thomson Reuters Corp. reported a third-quarter profit of US$367 million, up from US$228 million in the same quarter last year.The company, which keeps its books in U.S. dollars, says the […] This post is only…