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Canadian Market Flat In Lackluster Trade

RTTNews | 491 dagar sedan

Canadian Market Flat In Lackluster Trade

(RTTNews) - The Canadian market is roughly flat Monday afternoon with investors largely making cautious moves as they await the U.S. Federal Reserve's monetary policy announcement, and the data on Canadian GDP and U.S. jobs data due later in the week.

The benchmark S&P/TSX Composite Index was down slightly at 21,969.10 a little while ago. Earlier, the index had dropped to 21,958.42 after advancing to 22,052.06 at the start.

Methanex Corporation (MX.TO), Docebo Inc (DCBO.TO), Tecsys Inc (TCS.TO), Aritzia Inc (ATZ.TO) and Nutrien (NTR.TO) are up 3 to 5%.

Teck Resources (TECK.A.TO), Senvest Capital (SEC.TO), goeasy (GSY.TO), Dayforce (DAY.TO) and Tourmaline Oil Corp (TOU.TO) are up 1.4 to 2.3%.

Cargojet Inc (CJT.TO) is rising 1.5%. The company reported first-quarter adjusted earnings of $31 million, or $1.86 per share, compared to $16.8 million, or $0.97 per share, in the year-ago quarter.

Rogers Communications (RCI.A.TO) is down 3%. Bombardier Inc (BBD.A.TO), Snc-Lavalin (ATRL.TO), West Fraser Timber (WFG.TO), Boyd Group Services (BYD.TO), EQB Inc (EQB.TO), TFI International (TFII.TO) and Stella-Jones Inc (SJ.TO) are down 1.2 to 2.1%.

Alimentation Couche-Tard Inc. (ATD.TO) is down marginally. The company announced today that the Toronto Stock Exchange has approved the renewal of its share repurchase program, authorizing Couche-Tard to repurchase up to 78,083,521 Common Shares, representing 10% of the company's "public float" as at April 18, 2024 .

Based on the current share price the completion of the Program in full would represent a total investment of approximately US $4.3 billion or CDN $5.9 billion.

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Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | 3h 32minuter sedan

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | 3h 37minuter sedan

European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 3h 44minuter sedan

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | 5h 45minuter sedan

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | 5h 57minuter sedan

U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | 5h 59minuter sedan

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

RTTNews | 6h 46minuter sedan

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | 7h 55minuter sedan

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