Market movers: Stocks seeing action on Thursday - and why

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 92%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

A look at North American equities heading in both directions

) fell after saying it earned US$97.6-million in the first quarter of 2023, down 33.3 per cent from US$146.4-million a year earlier.

He said the company remains comfortable with its full-year outlook despite an uncertain economic environment. “This settlement is a win-win-win – customers will continue to receive competitive and responsive service; Enbridge will earn attractive risk-adjusted returns” Colin Gruending, president of Enbridge’s liquids pipelines segment, said.

National Bank Financial analyst Maxim Sytchev said the company’s top line has been “surprisingly resilient,” but emphasized margins “continue to contract” and sees the credit cycle tightening and higher rates “wrecking the economy.” Apple, an industry outlier with no mass layoffs so far, is set to post its first ever revenue declines across product lines, even as iPhone demand and production recovered in China after pandemic-driven disruptions last year.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Market movers: Stocks seeing action on Wednesday - and whyA look at North American equities heading in both directions
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Cryptos climb higher while stocks slide lower ahead of the Fed's interest rate decisionThe crypto market diverged from the equities market on Tuesday as concerns of a Fed interest rate hike took a toll on stocks, while cryptos are seen as a safe haven.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »