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Meta shares sink after it reveals spending plans - BBC.com + MORE Apr 24th
Meta shares sink after it reveals spending plans BBC.comMeta is out-executing its peers on generative AI: Analyst Yahoo Canada FinanceWe see Meta's Q1 earnings-related stock slide as an opportunity CNBCMeta tempers expectations for second-quarter revenue T.... More »
Calgary home sales inch up after 21 months of decline as signs of stability show + MORE Oct 4th
CALGARY – Calgary home sales inched up in September for the first year-over-year gains in almost two years.
The city saw a total of 1,488 homes sold last month compared to 1,458 a year earlier — the first such increase since November 2014, according to Calgary Real Estate Board statistics.
T.... More »
New York real estate developer John Tishman dies at age 90 Feb 7th
BEDFORD, N.Y. – A builder whose company worked on the World Trade Center in New York City, the Century City complex in Los Angeles and Walt Disney’s EPCOT centre in Florida among other high-profile developments has died. John Tishman was 90.
Tishman died Saturday morning at his home in B.... More »
More than half of Canadians have less than $10K set aside for emergencies: BMO - Vancouver Sun + MORE Sep 1st
CTV NewsMore than half of Canadians have less than $10K set aside for emergencies: BMOVancouver SunTORONTO - Canadians on average are socking away more money for potential financial emergencies than in the past, but a new survey has found that almost a quarter are still living paycheque to paycheque.... More »
The best cash back credit cards in Canada for 2024 + MORE Sep 27th
Cash back credit cards are an extremely popular type of rewards card in Canada. Each cash back credit card has its own features and benefits, so you’ll want to compare the annual fee, earn rate and any additional benefits before you apply.
Credit card comparison tool
Compare your options wit.... More »
China’s manufacturing weak, showing zero growth in July
– canadianbusiness.com
BEIJING, China – China’s manufacturing recorded no growth in July, in a sign of weakness in the world’s second-largest economy, according to data released by an industry group on Saturday.
The Chinese Federation for Logistics and Purchasing reported that the country’s purchasing managers’ index dipped to 50 from June’s 50.2 on a 100-point scale, on which numbers above 50 show activity expanding,
The Chinese government has cut interest rates four times since November and launched mini-stimulus efforts to shore up economic growth that slowed to 7 per cent in the first quarter.
The preliminary Caixin Manufacturing PMI was 48.2, down by 1.2 from June, although the official index won’t be released until Monday. Caixin, a Chinese media group, provides financial news services.
Analyst Zhang Liqun said in the statement by the industry group that both overseas and domestic market demands were unstable and that factories lacked confidence as they reduced the stock of raw materials and were buying less…
The Chinese Federation for Logistics and Purchasing reported that the country’s purchasing managers’ index dipped to 50 from June’s 50.2 on a 100-point scale, on which numbers above 50 show activity expanding,
The Chinese government has cut interest rates four times since November and launched mini-stimulus efforts to shore up economic growth that slowed to 7 per cent in the first quarter.
The preliminary Caixin Manufacturing PMI was 48.2, down by 1.2 from June, although the official index won’t be released until Monday. Caixin, a Chinese media group, provides financial news services.
Analyst Zhang Liqun said in the statement by the industry group that both overseas and domestic market demands were unstable and that factories lacked confidence as they reduced the stock of raw materials and were buying less…
Volatile markets force exactEarth to postpone IPO
– theglobeandmail.com
ExactEarth, a subsidiary of Cambridge, Ont.’s Com Dev International Ltd., hoped to raise $80-million and list on the Toronto Stock Exchange
Jason Industries posts loss of $1.6 million in second quarter
– canadianbusiness.com
MILWAUKEE – Jason Industries Inc. on Friday reported a loss of $1.6 million in its second quarter.
The Milwaukee-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.
The manufacturing company posted revenue of $187.6 million in the period.
Jason Industries expects full-year revenue in the range of $708 million to $723 million.
Jason Industries shares have fallen 45 per cent since the beginning of the year. The stock has declined 48 per cent in the last 12 months.
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Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JASN at http://www.zacks.com/ap/JASN
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Keywords: Jason Industries, Earnings Report
The post Jason Industries posts loss of $1.6 million in second quarter appeared first on Canadian Business – Your Source For Business News.
The Milwaukee-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.
The manufacturing company posted revenue of $187.6 million in the period.
Jason Industries expects full-year revenue in the range of $708 million to $723 million.
Jason Industries shares have fallen 45 per cent since the beginning of the year. The stock has declined 48 per cent in the last 12 months.
_____
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JASN at http://www.zacks.com/ap/JASN
_____
Keywords: Jason Industries, Earnings Report
The post Jason Industries posts loss of $1.6 million in second quarter appeared first on Canadian Business – Your Source For Business News.
RioCan Real Estate Investment Trust is launching a strategic review of its U.S. operations, a process that could lead to the real estate giant selling part or all of its portfolio of properties south of the border.
The Financial Post’s Jonathan Ratner looks at some of the day’s top business and financial stories.
