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GlobalFoundries Surges After Earnings Top Analysts’ Estimates

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GlobalFoundries Inc., the largest US supplier of made-to-order semiconductors, rose the most in almost nine months after third-quarter earnings topped analysts’ estimates, showing it can preserve profit even as the industry slump drags on.

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acquisitionCanada has entered a period of economic slowing: economistsCanadian business insolvencies rise almost 42 per cent from last yearBank of Canada will cut rates over mortgage renewals: Desjardins strategistOntario to launch infrastructure bank with $3 billion fundingGreater Toronto home sales drop 5.

 

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