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Hydro One Reaches Tentative Settlements With Power Workers' Union For Two Collective Agreements
(RTTNews) - Electric utility Hydro One Ltd. (H.TO) announced Friday it has reached tentative settlements for two collective agreements with the Power Workers' Union (PWU) covering employees in front-line roles across the company's operations in Ontario.
The negotiations covered the renewal of two collective agreements: the main collective agreement, which includes front-line staff, and the Customer Service Operations collective agreement, which includes staff in customer facing roles.
Union members will vote on these tentative agreements with the outcome anticipated by the end of July. Once ratified, these agreements will be in effect until September 30, 2025.
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Hydro One Says Chris Lopez To Step Down As EVP, CFO And Regulatory Officer On June 30
Hydro One Ltd. (H.TO) announced Tuesday that Chris Lopez intends to step down as Executive Vice President and Chief Financial and Regulatory Officer, to pursue other opportunities as of June 30, 2024. He joined the company in 2016.
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Hydro One Promotes David Lebeter To President And CEO
Hydro One Ltd. (H.TO) said Tuesday its Board of Directors announced the appointment of David Lebeter as the company's new President and CEO. Lebeter's appointment is effective February 1 and his transition will be supported by Interim President and CEO William Sheffield.
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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European Stocks Close Weak
European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
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Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
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U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
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Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.
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