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Canadian Dollar Extends Gains After Inflation Data
The Canadian dollar extended gains in the New York session on Tuesday, as the nation's annual inflation rose in line with estimates in December.
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AgEagle Aerial Systems Names Chairman Grant Begley As Interim CEO
AgEagle Aerial Systems Inc. (UAVS) announced Tuesday the appointment of Company Chairman Grant Begley to Interim Chief Executive Officer position, effective January 1, 2024.
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Canadian Dollar Climbs As Oil Prices Inch Higher
The Canadian dollar moved up against its most major counterparts in the European session on Tuesday, as oil prices rose on supply concerns driven by escalating conflict in the Middle East.
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Goldman Sachs Q4 Profit Surges 58%, Tops Estimates
Goldman Sachs Group Inc. reported Tuesday that profit for the fourth quarter surged 58 percent from last year, reflecting 41 percent lower provisions for bad loans and 7 percent net revenue growth. Both earnings and quarterly revenues topped analysts' expectations.
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Bay Street Likely To See Mixed Start; Canadian Inflation Data, U.S. Bank Earnings In Focus
Slightly higher oil prices and weak cues from Asian and European markets indicate a slightly mixed start for Canadian stocks Tuesday morning.
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Last Week's Weak Show By The Dollar
The U.S. Dollar recorded a mixed performance in the week spanning January 8 to 12, weakening against the euro and the British Pound but gaining against the Australian Dollar and the Japanese Yen.
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Goldman Sachs Q4 Profit Surges
Goldman Sachs Group Inc. (GS) reported Tuesday that net earnings applicable to common shareholders for the fourth quarter surged to $1.87 billion or $5.48 per share from $1.19 billion or $3.32 per share in the prior-year quarter.
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more news
InMode Boosts FY23 Adj. EPS Outlook
Based on preliminary financial results for the fourth quarter and full year 2023 on Tuesday, medical technology firm InMode Ltd. (INMD) currently expects adjusted earnings for the fourth quarter in a range of $0.68 to $0.69 per share on revenues between $126.0 million and $126.5 million.
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German Economic Confidence Unexpectedly Improves
German economic sentiment logged an unexpected improvement to reach a near one-year high in January as market experts expect interest rate cuts in the first half of the year, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose to 15.2 in January from 12.8 in December. The reading was forecast to fall to 12.0. The latest score was the highest since
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Uranium Energy Board Approves Restarting Uranium Production In Wyoming
Uranium Energy Corp (UEC) announced Tuesday that the Company's Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery operations in Wyoming.
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Westport Fuel Systems Appoints Dan Sceli To Succeed Tony Guglielmin As CEO
Westport Fuel Systems Inc. (WPRT, WPRT.TO) announced Tuesday Dan Sceli as the Company's new Chief Executive Officer and a member of the Westport Board of Directors, effective immediately.
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Indian Rupee Declines To 4-day Low Against U.S. Dollar
The Indian rupee fell against the U.S. dollar in evening deals on Tuesday, as the latter strengthened on hopes of delay in Fed rate cut.
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Softening UK Wage Growth Boosts Rate Cut Hopes
The UK wage growth softened in the three months to November suggesting that the upward inflationary pressures are cooling, and bolsters the case for interest rate cuts by the Bank of England. Average earnings including bonuses increased at a slower pace of 6.5 percent in the three months to November after a 7.2 percent gain in the preceding period, the Office for National Statistics said Tuesday
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