“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 […]
Category: Uncategorized
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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 […]
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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 […]
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Economic Calendar: May 8 – May 12
Monday May 8 China aggregate yuan financing, new loans and money supply Japan services and composite PMI Germany industrial production (10 a.m. ET) U.S. wholesale inventories for March. (2 p.m. […]
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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 […]
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Magna International Reports Q1 Profit Down From Year Ago, Sales Up 11%
The Canadian Press – Canadian Press – Fri May 5, 6:12AM CDT Magna International Inc. upgraded its outlook for its sales and profit for the year as it reported its first-quarter profit fell […]
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TSX Rises 1.5%, Posts Biggest Single-session Gain In 5 Months
Published: 5/5/2023 6:05 PM ET The Canadian market ended on a buoyant note on Friday on fairly widespread buying after data showed the Canadian economy saw a much bigger than expected addition of […]
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BCE, Telus report lower profits in first quarter as telecoms prepare for stiffer competition
BCE Inc. BCE-T -1.44%decrease and Telus Corp. T-T -1.61%decrease reported lower first-quarter profits as they brace for heightened competition from Rogers Communications Inc. RCI-B-T -0.86%decrease after the completion of its takeover of Calgary-based Shaw Communications Inc SJR-B-T +0.02%increase BCE and Telus […]