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Business Brief: Let’s get this bread
The Globe and Mail· 3 days agoWildfires: Canadian National Railway Co. suspended freight service on its mainline through Jasper, Alta., in response to the wildfire that has devastated...
Eni Raises Full-Year Guidance After Profit Beats Estimates
Financial Post· 3 days agoEuropean energy companies have been grappling with competing forces — the negative impact of low...
First Bank of England rate cut since 2020 hangs on knife edge
StreetInsider· 3 days agoInvestors are left guessing whether recent higher-than-expected services prices are enough to prevent the central bank cutting rates from their 16-year high of 5.25%. Interest ...
NatWest surges after strong Q2, profits upgrade
Investing.com via Yahoo Finance Canada· 3 days agoNatWest (LON:NWG) stock surged Friday after the British lender lifted its profit expectations for this year after a strong second quarter, while buying the mortgage book from rival Metro < ...
Dexcom shares crash nearly 40% as execution miss drives 2024 guidance cut
Investing.com via Yahoo Finance Canada· 3 days agoInvesting.com -- Dexcom slashed its guidance Thursday after reporting second-quarter revenue fell short of estimates as the diabetes management solutions provider flagged weaker execution of key strategies.
KKR Lines Up $2 Billion Debt Package for Instructure Acquisition
Financial Post· 3 days agoThe package consists of a $1.69 billion first-lien term loan, led by Morgan Stanley, and a $365...
Bombardier maintains annual guidance in Q2 results despite strike delays
Financial Post· 3 days agoBombardier Inc. is playing catch-up after a strike in early July but doesn’t expect the 11 days of...
KKR Lines Up $2 Billion Debt Package for Instructure Acquisition
Bloomberg via Yahoo Finance Canada· 3 days ago(Bloomberg) -- A group led by Morgan Stanley is providing a roughly $2 billion debt package to help...
Bank of Canada pivots to boosting economic growth, raising rate cut bets
StreetInsider· 3 days agoThe Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation, which raises prospects of further interest rate cuts in the coming months ...
Treasuries Gain as Debate Rages Over Timing of Fed’s First Cut
Bloomberg via Yahoo Finance Canada· 4 days ago(Bloomberg) -- Treasuries held onto their recent gains as traders weighed signs of a resilient US...
