New Record High for TSX
Equity markets climbed to a record high in Toronto boosted by technology stocks, as investors cheered an outsized interest-rate cut by the U.S. Federal Reserve. The TSX Composite Index zoomed 261.88 ...
Recent Breakthroughs in Cancer Research Could Impact These Key Companies
In the oncology world, there’s been plenty to celebrate recently, with cancer deaths falling by 33% in the last 30 years.
TSX Enjoys Triple-Digit Hike Following Fed Announcement
Canada's main stock index opened higher on Thursday tracking a jump in global markets after the U.S. Federal Reserve slashed interest rates by an oversized 50 basis points. The TSX Composite Index ...
Rezolve AI Pops on Microsoft Investment
Rezolve AI (NASDAQ: RZLV) shares popped, as the company claiming to be a leading innovator in AI-driven commerce solutions, today applauds the recent announcement by Microsoft (NASDAQ:MSFT) and ...
DMC Reacts to Steel Connect Piece
DMC Global (NASDAQ: BOOM) shares leaped Thursday. The company announced its Board of Directors responded to a press release from Steel Connect, Inc. in connection with its May 31 unsolicited offer to ...
Cracker Barrel Spikes on Q4 Results
Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) today reported its financial results for the fourth quarter of fiscal 2024 ended August 2, 2024. In 2024, the fourth quarter and fiscal year ...
U.S. Bank Stocks Rise After Interest Rate Cut
U.S. bank stocks are marching higher a day after the U.S. Federal Reserve cut interest rates by 50-basis points. Lower ...
Darden Restaurants’ Financial Results Miss Wall Street Targets
Darden Restaurants (DRI), which owns the Olive Garden and LongHorn Steakhouse chains, has issued financial results that missed Wall Street targets across the board. The Florida-based company reported ...
Bank of England Holds Interest Rates Steady
The Bank of England has elected to hold interest rates at their current levels a day after the U.S. Federal Reserve lowered rates by 50-basis points. The Bank of England previously cut interest rates ...
Allstate Retreats on Releasing Catastrophe Losses
The Allstate Corporation (NYSE: ALL) began today’s trading in the red, after it announced estimated catastrophe losses for the month of August of $272 million or $215 million, after-tax, including ...
Rogers Buys Controlling Stake In Maple Leaf Sports For $4.7 Billion
Rogers Communications (RCI.B) is taking control of Maple Leaf Sports & Entertainment in a deal valued at $4.7 billion. Rogers ...
U.S. Federal Reserve Forecasts More Interest Rate Cuts
The U.S. Federal Reserve has forecast that more interest rate cuts are coming in the months ahead after initially lowering ...