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U.S. Housing Starts Slump 4.3% In December

U.S. Housing Starts Slump 4.3% In December

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing a notable pullback by housing starts in the month of December.
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Bay Street Likely To See Positive Start

Bay Street Likely To See Positive Start

Canadian shares may open higher Thursday morning as traders are likely to look for some bargain hunting after recent losses. Positive lead from European markets and higher bullion prices are also likely to help underpin sentiment.
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TD Bank Expects Gain Of C$141 Mln In Q1 From Charles Schwab's Q4 Earnings

TD Bank Expects Gain Of C$141 Mln In Q1 From Charles Schwab's Q4 Earnings

TD Bank Group (TD, TD.TO) announced Thursday that it expects The Charles Schwab Corp's (SCHW) fourth quarter earnings to translate into approximately C$141 million of reported equity in net income of an investment in Schwab for the Bank's fiscal 2024 first quarter.
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Nuvve Announces 1-for-40 Reverse Common Stock Split

Nuvve Announces 1-for-40 Reverse Common Stock Split

Green energy technology company Nuvve Holding Corp. (NVVE) announced Thursday that it will effect a 1-for-40 reverse stock split of its common stock, to be effective as of 5:00 p.m. Eastern Time on Friday, January 19, 2024.
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TSMC Q4 Profit Drops, Revenues Flat, But Stock Up In Pre-market

TSMC Q4 Profit Drops, Revenues Flat, But Stock Up In Pre-market

Taiwan Semiconductor Manufacturing Co. Ltd. or TSMC reported Thursday that its fourth-quarter profit declined from last year, while revenue was essentially flat. The earnings and top line were better than market expectations. Sequentially, profit and revenues increased from last year. Looking ahead for the first quarter, the company projects sequentially lower revenues.
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Sheryl Sandberg To Leave Meta Board

Sheryl Sandberg To Leave Meta Board

Sheryl Sandberg, former Chief Operating Officer of Facebook parent Meta Platforms, Inc., announced her decision to leave the tech major's Board of Directors after being 12 years in the post. In a Facebook post on Wednesday, Sandberg, 54, said she will not stand for re-election to the Board after her term ends in May. Going forward, she plans to serve as an advisor to the company.
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European Shares Gain As Investors Await ECB Minutes

European Shares Gain As Investors Await ECB Minutes

European stocks were slightly higher on Thursday, following three straight sessions of losses amid rising tensions in the Middle East and fading rate cut hopes.
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European Car Registrations Fall On Weak German Market Performance

European Car Registrations Fall On Weak German Market Performance

Europe's passenger car sales declined for the first time in 17 months in December due to the sharp fall in demand in Germany, the European Automobile Manufacturers' Association, or ACEA, said Thursday. Car registrations decreased 3.3 percent from a year ago to 867,052 units, the Brussels-based lobby said.
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