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To understand Venezuela's future, look to the bond market, not politics and protests Sep 6th
Despite an economic crisis so severe that 2.3 million people have fled the country in the past four years, Venezuelan President Nicolas Maduro isn't currently facing mass protests. Bond holders, however, are preparing to seize the country's oil assets..... More »
CANADA STOCKS-TSX rises as heavyweight financials climb - Reuters + MORE Jan 13th
CANADA STOCKS-TSX rises as heavyweight financials climbReutersTORONTO Jan 13 Canada's main stock index rose on Friday as heavyweight financial shares climbed, offsetting losses for energy and mining stocks as commodities fell. The Toronto Stock Exchange's S&P/TSX composite index was up.... More »
U.S. stocks approach their all-time high as oil prices tumble - BNN Bloomberg + MORE Jun 24th
U.S. stocks approach their all-time high as oil prices tumble BNN BloombergTrading Day: Truce triggers world equity whoosh ReutersFragile Iran-Israel ceasefire calms oil markets Al JazeeraHow major US stock indexes fared Tuesday, 6/24/2025 The Globe and Ma.... More »
Making sense of the markets this week: January 7, 2024 + MORE Jan 5th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
A look at 2024
Since we made this crystal ball thing look pretty easy last year with our 2023 markets forecast, we’re .... More »
Unlocking the Annuity Puzzle: Why Canadians avoid what seems to be the perfect retirement vehicle + MORE Dec 18th
The Annuity Puzzle is about a curious phenomenon in Canada: while life annuities sold by insurance companies seem to have all sorts of compelling reasons to acquire them, more often than not, retirees shun them.
Financial planner Robb Engen recently tackled this puzzle in his Boome.... More »
Macy's tops 1Q profit forecasts – Montreal Gazette
– news.google.ca
USA TODAYMacy's tops 1Q profit forecastsMontreal GazetteCINCINNATI – CINCINNATI (AP) _ Macy's Inc. (M) on Wednesday reported fiscal first-quarter profit of $116 million. The Cincinnati-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs, came to 40 cents …Macy's Pares Forecasts as Sales Slump AcceleratesWall Street JournalMacy's Q1 sales tank on weak tourist spendingUSA TODAYMacy's, Inc. Reports First Quarter Earnings Per Share of 37 Cents (40 Cents as Adjusted)Digital JournalFinancial Times -Fortune -CNBC -Business Insiderall 25 news articles »
Canadian Solar raises 2016 revenue estimate, says Q1 decline less than expected
– canadianbusiness.com
TORONTO – Canadian Solar Inc. reported first-quarter results that were better than anticipated and senior executives said they expect stronger module shipments as the year progresses.
As a result, the Ontario-based company raised its 2016 annual revenue estimate on Wednesday by US$100 million to a range between US$3.0 billion and US$3.2 billion.
The revised outlook and above-estimate first-quarter results helped revive Canadian Solar’s battered Nasdaq-listed stock before markets opened.
Canadian Solar stock was up 12 per cent from the previous Nasdaq close, gaining $1.93 to US$17.39 as the company held its quarterly conference call with analysts..
However, the stock is worth less than half its 52-week high of US$40, set a year ago, and near a 52-week low of US$14.16.
Based in Guelph, Ont., Canadian Solar manufactures solar modules, constructs utility-scale solar electricity plants and operates power-generating plants with 437.5 megawatts of potential annual output.
Its revenue for the first quarter, which Canadian Solar reports in U…
As a result, the Ontario-based company raised its 2016 annual revenue estimate on Wednesday by US$100 million to a range between US$3.0 billion and US$3.2 billion.
The revised outlook and above-estimate first-quarter results helped revive Canadian Solar’s battered Nasdaq-listed stock before markets opened.
Canadian Solar stock was up 12 per cent from the previous Nasdaq close, gaining $1.93 to US$17.39 as the company held its quarterly conference call with analysts..
However, the stock is worth less than half its 52-week high of US$40, set a year ago, and near a 52-week low of US$14.16.
Based in Guelph, Ont., Canadian Solar manufactures solar modules, constructs utility-scale solar electricity plants and operates power-generating plants with 437.5 megawatts of potential annual output.
Its revenue for the first quarter, which Canadian Solar reports in U…
The new reason people hate banks
– moneysense.ca
An ongoing trend of the past two years shows that investment-related complaints are decreasing while banking-services gripes have surged, according to the Ombudsman for Banking Services and Investments. Eliminating the backlog of cases amassed after the financial crisis explains the drop in investment beefs. As for the increased sounding off about banking services complaints, mortgage grievances factor large—namely, prepayment penalties and cases where the bank refused portability. Always read your mortgage terms carefully.
Source: OBSI 2015 Annual Report
The post The new reason people hate banks appeared first on MoneySense.
BBC NewsCameron praises Nigeria and Afghanistan's corruption actionBBC NewsNigeria and Afghanistan have taken "remarkable steps forward" on corruption, David Cameron told MPs – a day after calling the countries "fantastically corrupt". The PM said the countries' leaders were "battling hard" to tackle the problem. It comes …Nigerian president hits back after Cameron gaffeFinancial TimesWas David Cameron's corruption remark really a gaffe?The Guardian (blog)After British corruption slip, Nigeria demands stolen assets backReuters CanadaBT.com -Chicago Tribune -Daily Mail -The Conversation UKall 348 news articles »
Hydrogenics reports 1st-quarter loss but tops expectations
– canadianbusiness.com
MISSISSAUGA, Ont. – MISSISSAUGA, Ontario (AP) _ Hydrogenics Corp. (HYGS) on Wednesday reported a loss of $2.4 million in its first quarter.
On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 19 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The hydrogen fuel cell maker posted revenue of $4.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $7.2 million.
Hydrogenics shares have fallen 7.5 per cent since the beginning of the year. The stock has fallen 27 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HYGS at http://www.zacks.com/ap/HYGS
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Keywords: Hydrogenics, Earnings Report
The post Hydrogenics reports 1st-quarter loss but tops expectations appeared first on Canadian Business – Your Source For Business News.
On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 19 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The hydrogen fuel cell maker posted revenue of $4.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $7.2 million.
Hydrogenics shares have fallen 7.5 per cent since the beginning of the year. The stock has fallen 27 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HYGS at http://www.zacks.com/ap/HYGS
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Keywords: Hydrogenics, Earnings Report
The post Hydrogenics reports 1st-quarter loss but tops expectations appeared first on Canadian Business – Your Source For Business News.


