1d ago
Gildan shares tumble 25% after thirdquarter results disappoint; cuts fullyear guidance
Clothing company now expects revenue in the range of $5.4-billion to $5.5-billion
BTC+0.05%
ETH+0.18%
SOL+0.30%
XRP-3.26%
USDC-0.03%
HYPE+1.08%
GRAMTON-1.43%
DOGE+1.11%BTC+0.05%ETH+0.18%SOL+0.30%XRP-3.26%USDC-0.03%HYPE+1.08%GRAMTON-1.43%DOGE+1.11%BTC+0.05%ETH+0.18%SOL+0.30%XRP-3.26%USDC-0.03%HYPE+1.08%GRAMTON-1.43%DOGE+1.11%BTC+0.05%ETH+0.18%SOL+0.30%XRP-3.26%USDC-0.03%HYPE+1.08%GRAMTON-1.43%DOGE+1.11%
11-2
Bank of Canada rate hike could affect household finances
Interest rate swap markets are pricing in three more quarter-point rate hikes by the end of 2027. That could bring the policy rate to 3.25%.
10-29
Teck Resources third-quarter profit jumps on higher copper and zinc prices
Teck Resources reported third-quarter profit attributable to shareholders of $1.59 billion, up sharply from a year earlier. About 1,200 workers began a strike over the weekend. The company said operations are continuing at reduced capacity. It said the impact on production will depend on the duration of the job action.
10-29
FedEx forecasts annual profit above estimates as quarterly earnings rise
Operating margin at the core U.S. express delivery business fell to 6.6%. The stock fell nearly 4% in after-hours trading.
10-27
CocaCola lifts annual profit target as premium drinks, sodas hold strong
Company now expects earnings per share to grow at least 9% in 2026
10-22
IBM raises annual software revenue outlook
IBM now expects annual software revenue growth of 7 per cent to 8 per cent, up from 6 per cent to 8 per cent previously. Third-quarter revenue came in ahead of expectations. Software revenue rose 8.3 per cent.
10-22
Meta to issue nonvoting shares as it tightens AI spending forecast
New class of shares may allow company to finance acquisitions and attract top talent without diluting Zuckerberg’s voting control
10-21
Premarket: Asian stocks climb as strong earnings buoy Wall Street
U.S. futures point to a higher open
10-17
Strategy faces MSCI ouster under new rules, billions in passive holdings at risk
MSCI plans to introduce new rules. Under them, Strategy, a Bitcoin buyer, could be classified as a non-operating company. That could lead to its removal from global equity indexes. Billions of dollars in passive holdings could face the risk of position adjustments.
