) — especially Big Tech leaders — begin to report first-quarter earnings, it's evident companies' prospective stocks are reacting negatively to overly positive earnings news.
"The bigger message is that the companies that have done well in some cases have seen their shares perform poorly... case in point, it's the double beats, the ones beating on EPS and revenues," Emanuel tells Yahoo Finance."And the share price reaction that is... less than stellar, and some cases outright poor, that's what really tells us that the broader market is having digestion problems in and around this earnings season.
OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups. The federal budget presented Tuesday proposes taxing two-thirds rather than one-half of capital gains — which refers to profit made on the sale of assets.
TORONTO — Mortgage shopping isn’t getting much easier these days. The highly anticipated interest rate cuts so many have been banking on this year keep getting pushed back, while borrowers lost an aggressive rate advertiser after HSBC Canada was taken over by RBC. The challenges mean it’s all the more important to do research and negotiate on rates, mortgage experts say, though they also caution that there's more to focus on than just what looks like the cheapest upfront option.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SaltWire Network - 🏆 45. / 63 Read more »