One of Canada’s biggest pension funds is selling LifeLabs, the country’s largest medical-testing company, to U.S.-based Quest. Today, we run a quick diagnostic on that sale, sift through the stocks whose fortunes are most closely tied to the outcome of the U.S. election, and chart oil’s climb ahead of road-trip season.
The two leading contenders in the six months that followed were Quest and Vaughan, Ont.-based Andlauer Healthcare Group, which runs a medical logistics business that delivers drugs to pharmacies and hospitals. The company appeared to represent the best chance for LifeLabs to stay Canadian-owned. In May,The deal makes Canada’s highly concentrated market for lab testing even further controlled by U.S. owners, Bradshaw notes.
But increased oil and natural gas investment, more drilling activity and higher natural gas exports could benefit producers such as Exxon Mobil, Cheniere Energy and ConocoPhillips under Trump 2.0.JPMorgan analysts believe opposition to the green revolution by Trump and other Republicans could pose a risk to investments in clean energy manufacturing, facilitated by the tax incentives in the Inflation Reduction Act of 2022.
The brokerage sees benefits for big banks such as JPMorgan & Chase, Bank of America, Wells Fargo and smaller lenders including Discover Financial, KeyCorp and Synchrony Financial.A second Trump administration is expected to be much more protectionist in terms of import tariffs. “The consumer discretionary sector is exposed in that environment,” UBS analysts say.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Fuente: globeandmail - 🏆 5. / 92 Leer más »
Fuente: globeandmail - 🏆 5. / 92 Leer más »