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Loblaw Enters Automatic Share Purchase Plan Of 16.06 Mln Shares
(RTTNews) - Loblaw Companies Ltd. (L.TO) announced Friday that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Loblaw's common shares under its previously announced normal course issuer bid.
Loblaw previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing May 5, 2023 and terminating May 4, 2024, purchase up to 16.06 million Common Shares, representing approximately 5% of is issued and outstanding as of April 21, 2023.
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DoorDash Partners Loblaw To Provide Grocery Delivery Service To Customers In Canada
DoorDash, Inc. (DASH) and Loblaw Cos. Ltd. (L.TO) announced Wednesday a collaboration that will bring a new and innovative grocery delivery service to customers in Canada.
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Swiss Market Settles On Firm Note
The Switzerland market closed on a firm note on Wednesday, tracking positive cues from other markets in Europe, amid rising prospects of an end to the U.S. government shutdown this week, and hopes about an interest rate cut by the Federal Reserve next month.
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hace 1h 9min
European Stocks Close On Firm Note
European stocks closed higher on Wednesday, extending recent gains, amid hopes the U.S. government shutdown will end soon, possibly even by this Friday.
Expectations of a rate cut by the Federal Reserve next month, and data showing a smaller than expected increase in Germany's consumer price inflation also contributed to markets' positive close.
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Bay Street May Open On Positive Note Again
Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
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FTSE 100 Pares Early Gains; SSE Soars 12%
After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.
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CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%
French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors.
Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
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DAX Climbs To 4-week High On Inflation Data, Earnings
Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
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hace 8h 27min
Sensex, Nifty Surge On Trade Deal Hopes; IT Stocks Lead Gains
Indian shares rose notably on Wednesday, with U.S. shutdown resolution and growing optimism over a potential trade deal with the United States boosting sentiment.
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