Tag: article_normal
-
Toronto Stocks Edge Lower; Western Copper Rises on C$21.3M Mitsubishi Materials Investment
March 24, 2023 at 12:00 p.m. ET By Adriano Marchese Stocks in Toronto were trending lower mid-trading on Friday, at risk of posting a third-straight week of declines. Canada’s financial sector continues to feel pressure from global banking concerns, while declines in the producer manufacturing and commercial services sectors also weighed on indexes. Technology services ... -
Ocean Wilsons 2022 Pretax Profit Fell on Decline in Value of Investment Portfolio
Published: March 24, 2023 at 4:15 a.m. ET By Anthony O. Goriainoff Ocean Wilsons Holdings Ltd. said Friday that 2022 pretax profit fell due to a decline in the valuation of its investment portfolio, and that in terms of uncertainty, the first quarter of 2023 was reminiscent of the year-prior period. The London-listed Bermudan investment ... -
Federal Realty Investment Trust stock rises Thursday, still underperforms market
Published: March 23, 2023 at 4:55 p.m. ET Shares of Federal Realty Investment Trust FRT inched 0.04% higher to $91.16 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.30% to 3,948.72 and the Dow Jones Industrial Average DJIA rising 0.23% to ... -
Prudential Financial Inc. stock falls Thursday, underperforms market
Published: March 23, 2023 at 5:19 p.m. ET Shares of Prudential Financial Inc. PRU slipped 1.84% to $77.23 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.30% to 3,948.72 and the Dow Jones Industrial Average DJIA rising 0.23% to 32,105.25. This ... -
Coinbase’s stock tumbles after SEC warning, and other stocks on the move
Last Updated: March 23, 2023 at 1:55 p.m. ET First Published: March 23, 2023 at 8:00 a.m. ET Here are some of the more active stocks in Thursday afternoon trading, a day after sharp losses on Wall Street that followed the Federal Reserve’s latest interest-rate hike. Stock gainers: Regeneron Pharmaceuticals Inc.’s REGN stock was climbing ... -
Karora Resources Tightens Production Guidance — Commodity Comment
Published: March 23, 2023 at 8:17 a.m. ET By Robb M. Stewart Karora Resources Inc. tightened its gold production targets for the next two year and lifted cost guidance to account for inflationary pressures, planned mine development, processing-plant upgrades and other investments. On guidance: The… By Robb M. Stewart Karora Resources Inc. tightened its gold ... -
Recruit Holdings Shares Rise Sharply After Indeed, Glassdoor Job Cuts
Published: March 22, 2023 at 10:18 p.m. ET By Kosaku Narioka Recruit Holdings Co. shares rose sharply in Tokyo Thursday morning after the owner of the Indeed and Glassdoor job sites raised its fiscal-year adjusted earnings forecasts and projected costs savings as a result of layoffs at the jobs sites. The shares were recently 4.6% ... -
PNC Financial Services Group Inc. stock outperforms market on strong trading day
Published: March 20, 2023 at 5:18 p.m. ET Shares of PNC Financial Services Group Inc. PNC rallied 2.93% to $127.35 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.89% to 3,951.57 and the Dow Jones Industrial Average DJIA rising 1.20% to ... -
Azitra Plans IPO of 2.4M Common Shares
March 20, 2023 at 5:48 p.m. ET By Stephen Nakrosis Azitra Inc. on Monday said it plans an initial public offering of 2.4 million shares of common stock, with an expected price of $5 each. The biopharmaceutical company said it is “focused on developing innovative therapies for precision dermatology using engineered proteins and topical live ... -
Billionaire investor Leon Cooperman sees a stock picker’s market. Here’s what he’s buying.
That was billionaire hedge-fund manager Leon Cooperman commenting on the current banking crisis that has seen the shutdown of SVB Financial Groups’s SIVB Silicon Valley Bank and crypto-friendly lenders Signature Bank and Silvergate Bank, as well as a bankruptcy filing for SVB Financial. Additionally, over the weekend, UBS UBS UBSG announced a $3.25 billion buyout ...