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Nvidia beats revenue expectations in Q2, but fears of a tech bubble persist + MORE Aug 29th
Nvidia’s sales of its artificial intelligence chipsets remained a hot commodity during the company’s latest quarter, but the demand wasn’t quite feverish enough to ease recent worries that the AI craze may be fading.
The results announced Wednesday were hotly anticipated because Nvidia has .... More »
Canadian drink company tastes controversy after Simu Liu raises cultural appropriation questions - CNN Oct 14th
Canadian drink company tastes controversy after Simu Liu raises cultural appropriation questions CNNSimu Liu criticizes Canadian boba tea company over concerns of cultural appropriation NBC News‘Dragon’ Manjit Minhas withdraws from Bobba Tea investment after backlash over c.... More »
Weekend Reading – Rich couples, frugalista, let’s get blunt, dogs are optional and more + MORE Sep 11th
Learn, save, invest and prosper by subscribing to My Own Advisor.
Welcome to some fine Weekend Reading friends. Seems like the 40 Deg. C heat (with humidity) in Ottawa is now over for the summer but some good weather will remain I think for weeks to come. Hopefully the weather and other things a.... More »
Toronto to explore municipal sales tax as part of plan to tackle 'unprecedented financial crisis' - CBC.ca Aug 17th
Toronto to explore municipal sales tax as part of plan to tackle 'unprecedented financial crisis' CBC.caChow to endorse new revenue tools as Toronto sends signal to Ottawa and Queen’s Park Toronto StarOlivia Chow to endorse new revenue tools as Toronto sends signal to Ottawa .... More »
High household debt, housing market are economy's biggest weak spots, Bank of Canada says + MORE Jun 7th
Canada's financial system remains resilient, according to the Bank of Canada, but high household debt and imbalances in the housing market remain the country's biggest vulnerabilities..... More »
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,596.41, up 51.16 points):
First Quantum Minerals Ltd. (TSX:FM). Miner. Up 22 cents, or 3.44 per cent, to $6.62 on 6.1 million shares.
Black Iron Inc. (TSX:BKI). Miner. Up half-a-cent, or 12.50 per cent, to 4.5 cents on 5.5 million shares.
Silver Bear Resources Inc. (TSX:SBR). Miner. Up half-a-cent, or 14.29 per cent, to four cents on 4.8 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 36 cents, or 1.25 per cent, to $28.33 on 4.6 million shares.
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Up four cents, or 1.95 per cent, to $2.09 on 3.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 3.45 per cent, to $1.20 on 3.8 million shares.
Companies reporting major news:
Imvescor Restaurant Group Inc. (TSX:IRG). Restaurants. Up 16 cents, or 7.96 per cent, to $2.17 on 691,320 shares. The company that operates the Pizza Delight, Baton Rouge, Mikes and other restaurant chains in Eastern Canada says sales improved in its third quarter and net income rose by 39 per cent to $2…
Toronto Stock Exchange (13,596.41, up 51.16 points):
First Quantum Minerals Ltd. (TSX:FM). Miner. Up 22 cents, or 3.44 per cent, to $6.62 on 6.1 million shares.
Black Iron Inc. (TSX:BKI). Miner. Up half-a-cent, or 12.50 per cent, to 4.5 cents on 5.5 million shares.
Silver Bear Resources Inc. (TSX:SBR). Miner. Up half-a-cent, or 14.29 per cent, to four cents on 4.8 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 36 cents, or 1.25 per cent, to $28.33 on 4.6 million shares.
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Up four cents, or 1.95 per cent, to $2.09 on 3.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 3.45 per cent, to $1.20 on 3.8 million shares.
Companies reporting major news:
Imvescor Restaurant Group Inc. (TSX:IRG). Restaurants. Up 16 cents, or 7.96 per cent, to $2.17 on 691,320 shares. The company that operates the Pizza Delight, Baton Rouge, Mikes and other restaurant chains in Eastern Canada says sales improved in its third quarter and net income rose by 39 per cent to $2…
Business Highlights
– canadianbusiness.com
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Why Friday’s US jobs report could affect Americans’ finances
WASHINGTON (AP) — With the Federal Reserve edging into the spotlight, Friday’s jobs report for August could trigger eventual changes in Americans’ financial lives.
That’s because a healthy job gain would provide one of the final pieces of evidence the Fed needs to start raising interest rates from record lows on Sept. 17, which many economists expect it to do.
It would also send a reassuring signal that global stock-market turmoil and China’s slowdown have yet to seriously jar the U.S. economy.
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Labour Day drivers to enjoy lowest gasoline prices since 2004
NEW YORK (AP) — It has been more than a decade since U.S. drivers paid so little to fuel up for that last road trip of summer.
The national average price of gasoline this Labor Day weekend will be its lowest at this time of year since 2004, a result of low oil prices and a quiet hurricane season that has allowed refineries to churn out gasoline and diesel…
Why Friday’s US jobs report could affect Americans’ finances
WASHINGTON (AP) — With the Federal Reserve edging into the spotlight, Friday’s jobs report for August could trigger eventual changes in Americans’ financial lives.
That’s because a healthy job gain would provide one of the final pieces of evidence the Fed needs to start raising interest rates from record lows on Sept. 17, which many economists expect it to do.
It would also send a reassuring signal that global stock-market turmoil and China’s slowdown have yet to seriously jar the U.S. economy.
___
Labour Day drivers to enjoy lowest gasoline prices since 2004
NEW YORK (AP) — It has been more than a decade since U.S. drivers paid so little to fuel up for that last road trip of summer.
The national average price of gasoline this Labor Day weekend will be its lowest at this time of year since 2004, a result of low oil prices and a quiet hurricane season that has allowed refineries to churn out gasoline and diesel…
Reuters CanadaAsian shares win reprieve on ECB signal, US jobs next focusReuters CanadaTOKYO (Reuters) – Asian shares won a reprieve on Friday after the European Central Bank signalled its readiness to take further steps to shore up the European economy, and investors looked to U.S. jobs data. MSCI's broadest index of Asia-Pacific shares …Draghi gives European shares a boostIrish IndependentEuro on the defensive after dovish ECB, USD awaits payrollsReutersECB willing to offer more stimulus fundsWashington PostThe Australian Financial Reviewall 1,060 news articles »
Dundee Goodman advisers leave for RBC
– theglobeandmail.com
Loss of the brokers sees Dundee Goodman shed around one-quarter of its entire assets under management
CANADA STOCKS-TSX rises, helped by banks, telcos, while uncertainty lingers – Reuters
– news.google.ca
Business RecorderCANADA STOCKS-TSX rises, helped by banks, telcos, while uncertainty lingersReuters(New throughout, updates prices and market activity to close, adds analyst comment). * TSX ends up 51.16 points, or 0.38 percent, at 13,596. * Six of the TSX's 10 main groups rose. By Alastair Sharp. TORONTO, Sept 3 (Reuters) – Gains among banking and …North American markets mixed as investors await US jobs figuresThe Chronicle JournalRoundup: Canadian stock market extends gains over upbeat export dataGlobalPostTSX gains 129 points; dollar up half a US centTimes Colonistall 45 news articles »
