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Loblaw Enters Automatic Share Purchase Plan Of 16.06 Mln Shares
(RTTNews) - Loblaw Companies Ltd. (L.TO) announced Friday that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Loblaw's common shares under its previously announced normal course issuer bid.
Loblaw previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing May 5, 2023 and terminating May 4, 2024, purchase up to 16.06 million Common Shares, representing approximately 5% of is issued and outstanding as of April 21, 2023.
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DoorDash Partners Loblaw To Provide Grocery Delivery Service To Customers In Canada
DoorDash, Inc. (DASH) and Loblaw Cos. Ltd. (L.TO) announced Wednesday a collaboration that will bring a new and innovative grocery delivery service to customers in Canada.
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1036 days ago
Bay Street Likely To Open On Firm Note
Sharply higher U.S. and Canadian futures point to a firm start for the Canadian markets on Wednesday. Global stocks gained in strength today with investors reacting positively to U.S. President Donald Trump's softer tone toward Federal Reserve Chair Jerome Powell, and his admission that the 145% tariffs on China are "very high" and they will come down substantially.
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41 minutes ago
FTSE 100 Notably Higher On Easing Tariff Concerns
The U.K. stock market remains firmly place in positive territory on Monday after a bright start as U.S. President Donald Trump has toned down his rhetoric on Jerome Powell, and also admitted that the 145% tariffs on China are "very high."
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1h 20min ago
German Private Sector Falls Back Into Contraction
Germany's private sector fell into the contraction territory in April as trade tariff concerns damped business confidence and demand, flash purchasing managers' survey by S&P Global revealed Wednesday. The composite output index fell to 49.7 in April from 51.3 in March. The score fell below the 50.0 no-change mark for the first time in four months.
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1h 44min ago
Tesla Stock Gains As Musk Plans DOGE Cutback, Despite Weak Q1
Shares of Tesla, Inc. were gaining around 7 percent in the pre-market hours on the Nasdaq, continuing an upbeat activity on Tuesday's after-hours, after CEO Elon Musk announced that he will reduce time with President Donald Trump's Department of Government Efficiency or DOGE significantly, starting in May. The announcement on the luxury electric vehicle maker's earnings call came after reporting..
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1h 48min ago
CAC 40 Up Nearly 2.5% As Stocks Rally On Positive Global Cues
French stocks are up sharply on Wednesday with investors reacting to U.S. President Donald Trump's softer tone toward Federal Reserve Chair Jerome Powell, and his admission that the 145% tariffs on China are "very high" and they will come down substantially.
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1h 57min ago
Pound Slides On Weak UK PMI Data
The British pound weakened against other major currencies in the European session on Wednesday, after the U.K. private sector activity deteriorated for the first time in one-and-a-half years in April amid weaker foreign demand linked to tariff uncertainty.
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2h 4min ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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2h 19min ago
