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 […]
Category: Uncategorized
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Oil Futures Fail To Hold Gains, Settle Moderately Lower
Published: 11/1/2023 3:19 PM ET Oil 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 […]
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Canadian Market Settles Higher For 3rd Straight Day; TSX Gains 1.1%
Published: 11/1/2023 4:34 PM ET The 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 […]
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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 […]
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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 […]
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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. […]
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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 […]
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Cameco shares up after reporting Q3 profit and raising revenue outlook for 2023
SASKATOON — Shares in Cameco Corp. rose nearly 10 per cent after it raised its revenue outlook for 2023 and reported a profit of $148 million in its latest quarter […]
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Canadian economy flatlines as higher interest rates weigh on growth
The Canadian economy has flatlined in recent months as higher interest rates weigh on growth, bringing the country to the brink of a mild recession. Real gross domestic product was […]