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Bay Street Likely To Open With Slightly Negative Bias

Canadian shares are likely to open with a slightly negative bias Thursday morning amid rising uncertainty over U.S. interest rate trajectory, and renewed geopolitical tensions. Energy stocks may move up on firm crude oil prices and help limit market's downside.
RTTNews | 193 dagar sedan
Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO

Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO

Quaker Houghton (KWR) announced Thursday the appointment of Tom Coler as Executive Vice President and Chief Financial Officer effective June 10, 2024. Coler succeeds Shane Hostetter, who has held the role since 2021 and will be leaving the Company to pursue other opportunities. Hostetter will remain at the company through August 4, 2024, to ensure an orderly transition.
RTTNews | 193 dagar sedan
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the late European session on Thursday.
RTTNews | 193 dagar sedan
US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported first-quarter net income available to common shareholders of $82 million or $0.33 per share, up from $75 million or $0.32 per share in the prior-year quarter.
RTTNews | 193 dagar sedan
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GM To End Chevy Malibu Production

GM To End Chevy Malibu Production

Automajor General Motors plans to end production of its gasoline-powered Chevrolet Malibu car later this year as it prepares to produce new electric vehicles, reports said. Chevy Malibu, which was launched in 1964, has since been sold more than 10 million in numbers. The Malibu will end its production in November.
RTTNews | 193 dagar sedan
China Exports & Imports Rebound In April

China Exports & Imports Rebound In April

China's exports and imports rebounded more than expected in April after a weak trade data in the previous month that boost hopes that net trade would support economic growth, official data revealed Thursday. Largely due to the lower base of comparison, exports advanced 1.5 percent on a yearly basis in April, the customs office reported. This was faster than the 1.0 percent expected growth and rev
RTTNews | 193 dagar sedan
Philippine GDP Growth Improves Less Than Expected In Q1

Philippine GDP Growth Improves Less Than Expected In Q1

The Philippine economy expanded at a faster pace in the first quarter but the rate fell short of expectations on weaker domestic demand growth amid tight monetary policy. Gross domestic product grew 5.7 percent from a year ago after rising 5.5 percent in the fourth quarter of 2023, the Philippine Statistics Authority reported Thursday. Growth was seen at 5.9 percent.
RTTNews | 193 dagar sedan

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