Category: Uncategorized
Cryptocurrencies suffer alongside tech stock rout, ether slides 6%
Cryptocurrencies fell one day after a reversal in technology stocks pushed the S&P 500 and Nasdaq Composite to their worst day since 2022.Bitcoin was lower by 2% at $64,299.18 early Thursday, according […] This post is only available to members. If you are already a member then cleck here to Login log in
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast. The personal consumption expenditures price index, a key measure for the Fed, […] This post is only available to members. If you are already a member then cleck here to Login log in
Loblaw’s second quarter profit down after agreeing to settle price-fixing lawsuit
Grocery and drugstore retailer Loblaw Cos. Ltd. reported its second-quarter profit decreased compared with a year ago.The parent company of Loblaws and Shoppers Drug Mart says it earned a profit […] This post is only available to members. If you are already a member then cleck here to Login log in
FirstService: Q2 Earnings Snapshot
FirstService Corp. (FSV) on Thursday reported second-quarter earnings of $35.1 million.The Toronto-based company said it had profit of 78 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, […] This post is only available to members. If you are already a member then cleck here to Login log in
Waste Connections: Q2 Earnings Snapshot
Waste Connections Inc. (WCN) on Wednesday reported second-quarter earnings of $275.5 million.On a per-share basis, the Ontario, Ontario-based company said it had net income of $1.07. Earnings, adjusted for one-time […] This post is only available to members. If you are already a member then cleck here to Login log in
West Fraser second-quarter profits rise from loss last year, sales also up
West Fraser Timber Co. says it earned US$105 million in the second quarter, up from a loss of US$131 million a year earlier.The Vancouver-based company says it saw sales of […] This post is only available to members. If you are already a member then cleck here to Login log in
Teck cuts copper forecast as it experiences more bumps with QB2 mine ramp-up
Teck Resources Ltd. is cutting its copper production forecast and hiking its costs just weeks after the Canadian miner’s focus narrowed significantly to rely only on metals.Vancouver-based Teck on Thursday […] This post is only available to members. If you are already a member then cleck here to Login log in
Rogers Communications’ Q2 profit up amid lower restructuring costs from Shaw merger
Rogers Communications Inc. reported its second-quarter profit rose to $394 million from $109 million a year ago, in part due to lower restructuring and acquisition costs related to its purchase […] This post is only available to members. If you are already a member then cleck here to Login log in
Bank of Canada cuts key rate to 4.5%
The Bank of Canada lowered its benchmark interest rate for the second consecutive time on Wednesday and said that it is now putting more emphasis on downside risks to economic […] This post is only available to members. If you are already a member then cleck here to Login log in