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Bay Street Likely To See Mixed Start
Canadian shares are likely to see a mixed start Friday morning, tracking subdued European stocks and mixed commodity prices.
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vor 852 Tagen
CalAmp To Cut About 8% Employees Across Various Functions Amid Restructuring Plan
Connected intelligence company CalAmp (CAMP) announced on Friday that it initiated a restructuring plan to reduce approximately eight percent of its employees across various functions.
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vor 852 Tagen
Chevron Q4 Profit Up 25%, But Misses Estimates
Integrated energy company Chevron reported Friday that profit for the fourth quarter increased 25 percent from last year, reflecting 17 percent revenue growth amid higher realizations and higher margins on refined product sales. Adjusted earnings per share missed analysts' estimates, while quarterly revenues topped it.
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vor 852 Tagen
FTSE 100 Trades In Positive Zone
FTSE 100 of the London Stock Exchange traded cautiously in the green zone, alongside other regional peers.
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vor 852 Tagen
Canadian Dollar Advances Amid Higher Oil Prices
The Canadian dollar climbed against its major opponents in the European session on Friday, as better-than-expected U.S. GDP data lifted oil prices.
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vor 852 Tagen
Eurozone Credit Growth Slowdown Suggests Rate Hike Impact
Eurozone M3 money supply growth eased more than expected in December and credit to the private sector grew at a slower rate, the European Central Bank said on Friday, suggesting that the interest rate hikes are starting to take effect on the real economy.
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vor 852 Tagen
Autoliv Q4 Profit Rises, Tops Estimates
Swedish automotive safety supplier Autoliv, Inc. (ALV) reported Friday that net income for the fourth quarter increased to $156 million or $1.80 per share from $115 million or $1.31 per share in the prior-year quarter.
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vor 852 Tagen
more news
Major European Markets Up Slightly In Cautious Trade
European stocks are slightly higher in cautious trade on Friday, with investors reacting to quarterly earnings updates and looking ahead to interest rate decisions from the Federal Reserve, the Bank of England and the European Central Bank, due next week.
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vor 852 Tagen
CAC-40 Rises In Cautious Trade
The CAC-40 gained from Thursday's levels as markets weighed the recent earnings updates and economic data release.
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vor 852 Tagen
DAX Rises As Growth Euphoria Dims Rate Hike Fears
The DAX benchmark of the Frankfurt bourse moved higher on Friday, as euphoria surrounding the more than expected growth in the U.S. eclipsed anxiety ahead of the interest rate decisions by the European Central Bank, Federal Reserve and the Bank of England.
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vor 852 Tagen
Sensex, Nifty End Sharply Lower As Banks, Adani Group Stocks Tumble
The Indian market tumbled on Friday as Adani group shares and several bank stocks fell sharply on sustained selling right through the day's session.
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vor 852 Tagen
Asian Stocks Extend Gains
Asian markets gained further on Friday as risk-on sentiment was boosted following better-than-expected GDP data from the U.S. on Thursday.
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vor 852 Tagen
FDA Advisors Propose To Replace Primary COVID Shots With New Bivalent Shots
The Food and Drug Administration's independent advisory committee unanimously recommended replacing the current original COVID vaccines used in the U.S. for primary shots with new bivalent omicron shots authorized as boosters, reports said. The committee also considered the proposal for annual COVID vaccination, however, didn't vote on it.
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vor 852 Tagen
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