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Financial Market News
You are at:Home»Category: "Markets" (Page 282)

J.M. Smucker’s stock extends bounce as Hostess purchase helps boost profits

By FinMar NewsJune 6, 2024

J.M. Smucker’s stock nudged higher Thursday, after the consumer foods company beat quarterly profit expectations, as the recent acquisition of Hostess Brands and lower costs helped…

Cutting interest rates was easy. But the Bank of Canada still has a

By FinMar NewsJune 6, 2024

Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes…

Squishmallows are creating a tougher bar to clear for Five Below

By FinMar NewsJune 5, 2024

Shares of Five Below Inc. slid after hours on Wednesday after the teen-centric discount retailer cut its full-year sales forecast, Read More: Squishmallows are creating a…

Bank of Canada cuts key interest rate to 4.75%

By FinMar NewsJune 5, 2024

The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020.Bank governor Tiff Macklem said in opening remarks that…

Elon Musk confirms reallocating thousands of Nvidia AI chips from Tesla

By FinMar NewsJune 5, 2024

Tesla Inc. Chief Executive Elon Musk confirmed Tuesday that he diverted thousands of Nvidia Corp. chips from the EV maker. Read More: Elon Musk confirms reallocating…

WestJet announces UltraBasic fare with no carry-ons, no seat choice and no

By FinMar NewsJune 5, 2024

WestJet announced that it has introduced an ultra low-cost fare — and if you like carry-ons, seat choice and earning points, there’s a catch.The UltraBasic fare will replace the airline’s…

Get ready for stocks to hit a wall this summer, says JPMorgan

By FinMar NewsJune 4, 2024

The stock market could see upside peak this summer as investors fail to read signs of a slowdown and keep piling into stock markets, says JPMorgan…

Air Canada ordered to pay couple $2,000 in compensation. Instead, it’s

By FinMar NewsJune 4, 2024

Close to four years after they filed a complaint with the Canadian Transportation Agency (CTA), Andrew and Anna Dyczkowski finally got a resolution — in their favour.In…

Older workers opting out: Fewer people plan to work after age 62

By FinMar NewsJune 3, 2024

Are older workers more confident in their finances or more realistic about their prospects? Read More: Older workers opting out: Fewer people plan to work after…

Investors reshaped Canadian home real estate. Something similar is

By FinMar NewsJune 3, 2024

When asked if young, aspiring farmers ever inquired about buying his farm, Marcus Collinson just laughs. “No young farmers are buying farms,” he said, adding it’s why he…

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Energy News

Wind Operators Warn against Excessive Environmental Restrictions on Wind

Iran denies any direct talks with U.S. on reopening Strait of Hormuz

Nigeria needs execution, not ideas, for energy growth – NMDPRA – EnviroNews

Oil prices rise as as market waits on deal to open Strait of Hormuz

Banks News

Former Kenyan government official Esther Koimett becomes Middle East Bank’s

Revolut Bank Receives Full Banking Licence in France | LeapRate | Online

Westpac’s plunge shows banking’s great mortgage shock just started

Over 300 Asia-Pacific finance leaders to gather in Hanoi for TRF’26

Real Estate News

This Mass. town ranks as hottest real estate market in US

LISTEN: Jason Haber on the state of residential real estate

RioCan Real Estate Investment Trust Q2 Earnings Call Highlights

This Rensselaer County estate with 20 stables is for sale, but for how

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