Market movers: Stocks seeing action on Tuesday

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A survey of North American equities heading in both directions

), Canada’s second-largest life insurer, was higher on Tuesday after it beat analysts’ estimates for quarterly profit boosted by strong sales at home and in Asia, a key growth market.Sun Life earned $1.72 per share, surpassing the average estimate of $1.58 per share, according to LSEG data. Its underlying net income rose 8.7 per cent to $1-billion.

Bitfarms said the bid undervalued it and adopted a poison pill to fend off any attempts at a hostile takeover. Mr. Niccol replaces Laxman Narasimhan, who was tapped in 2022 from Lysol maker Reckitt to undertake a “reinvention” of the world’s biggest coffee chain. “We look forward to engaging with all of our shareholders about this new development,” she said on CNBC.Elliott was seeking to add Jesse Cohn, an equity and managing partner in the firm, to the Starbucks board, Reuters reported Monday, citing sources.

The forecast reflects the company’s expectation of continued disruption for the next few months, he said. In its outlook for the year, Hudbay lowered its cash cost guidance for copper to a range of 90 US cents to US$1.10 per pound compared with earlier expectations for between US$1.05 and US$1.25 per pound.

 

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