Finance

– Canada retail sales expected to have bounced sharply in December. – Equities climb on tech stock optimism. – USD trading on the defensive due to improved risk sentiment. USDCAD: open 1.4196, overnight range 1.4169-1.4200 close 1.4175, WTI 71.71, Gold 2931.02 The Canadian dollar continues to spin its wheels but with a modestly bullish bias. […]

Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets. The Dow Jones Industrials let go of 748.63 points, or 1.7%, Friday to end the week at 43,428.02, The decline brings the index’s two-day losses to more than

A brutal day on markets ended with heavy losses Friday, as doubts crept into investors’ minds as to the stability of the economy in both Canada and the U.S. The TSX Composite Index sank 367.05 points, or 1.4%, to close Friday at 25,147.03. On the week, the index tumbled 296 points or

Monday Featured Earnings ONEOK Inc (NYSE: OKE) (Q4) EPS of $1.45, compared to $1.18 in the prior-year quarter. Public Storage (NYSE: PSA) (Q4) EPS of $4.23, compared to $4.20 in the prior-year quarter. Realty Income Corp (NYSE: O) (Q4) EPS of $1.06, compared to $1.01 in the prior-year quarter. Canada Featured Earnings GFL

AGF Management Limited (T.AGF.B) hit a new 52-week high of $11.41 Friday. AGF Investments Inc. (AGF Investments) today announced the February 2025 cash distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on February 28, 2025

Stocks pulled back on Friday, as a mix of weak consumer sentiment data and a decline in UnitedHealth stock added further pressure to what has been a rocky week for Wall Street. The Dow Jones Industrials plummeted 363.08 points Friday to 43,813.57 The S&P 500 index shed 33.43 points to 6,084.09 The NASDAQ fell 141.93

Canada’s primary stock index declined on Friday, influenced by falling commodity prices, while investors anticipated crucial U.S. economic data. The TSX Composite Index sank 153.81 points as morning became afternoon on Friday to 25,445.67. The Canadian dollar shed 0.12 cents to 70.42 cents U.S. For the week, the health-care sector

Hims & Hers Health, Inc. (NYSE:HIMS) shares stumbled Friday afternoon. The company, the leading health and wellness platform, today announced an acquisition that will further verticalize the company’s long-term ability to deliver personalized medications. The company has acquired a U.S.-based peptide facility based in California. The acquisition will enable the company to strengthen

United States Cellular Corporation (NYSE: USM) reported total operating revenues of $970 million for the fourth quarter of 2024, versus $1,000 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $5 million and $0.05, respectively, for the fourth quarter of 2024

Shares in Boston-based Amwell® (NYSE: AMWL), a leading technology-enabled care platform provider saw its shares climb near noon EST on Friday. The company announced that on Feb. 18, it made grants of RSUs covering an aggregate of 16,737 shares of its Class A common stock to four new employees. The grants were offered