Tag Archives: Baystreet.ca

Advertisment U.S. stock futures were little changed Tuesday after the major averages climbed on rising hopes that President Donald Trump will curtail his initial plans for broad-ranging tariffs. Investors also awaited consumer confidence figures that could sway the market later in the session. Futures for the Dow Jones Industrials faded six points to 42,892. Futures for the …

The downtrend in shares of FedEx (FDX) continued. Down 18.13% year-to-date, the parcel shipper disappointed investors when it lowered its guidance for FY 2025. FedEx cut its outlook for three straight quarters. The firm anticipates a weaker industrial outlook ahead. This may pressure shipping volumes. B2B volumes weakened, which hurt FedEx’s hopes for sustaining higher margins. In the …

Amcor (NYSE: AMCR) shares were flat at the open on Monday. The company, purporting to be a global leader in developing and producing responsible packaging solutions, announced the extension of the application period for a new challenge under its Amcor Lift-Off initiative, the Amcor Lift-Off Sprints. The challenge aims to support innovative companies that provide new, innovative compostable …

Canada’s main stock index rose on Monday on broad-based gains driven by hopes for a moderate approach by the U.S. on new tariffs. The TSX Composite Index recovered 370.58 points, or 1.5%, as Monday morning became afternoon, to 25,339.07, its highest level in three weeks. The Canadian dollar recovered 0.18 cents to 69.95 cents U.S. …

Soligenix, Inc. (NASDAQ: SNGX) shares lost some steam early Friday, as the company, a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need, announced today its recent accomplishments and financial results for the year ended December 31, 2024. Soligenix reported revenues of $0.1 million for the year, …

Asia-Pacific markets traded mixed Thursday as China’s central bank kept interest rates steady, after the U.S. Federal Reserve kept benchmark rates unchanged overnight. Markets in Japan were closed for holiday. In Hong Kong, the Hang Seng index went into a tailspin, dropping 551.19 points, or 2.2%, to 24,219.95. CHINA The CSI 300 in mainland …

Conduent Incorporated (NASDAQ: CNDT) shares lost ground Thursday. The global technology-driven business solutions and services company today announced that the Republic of Ireland’s Health Service Executive (HSE) selected the company’s Maven® Disease Surveillance & Outbreak Management System to monitor, manage and report infectious diseases. Maven will replace HSE’s legacy surveillance system to more effectively track disease outbreaks …

Futures tied to Canada’s main stock index fell on Thursday, taking cues from Wall Street, as investors gauged the U.S. Federal Reserve’s growth projections amid uncertainties due to a global trade war. The TSX Composite Index gave up 363.14 points, or 1.5%, to close Wednesday at 25,069.21. Futures dropped 0.2% Thursday. The Canadian dollar declined …

Trump Media and Technology Group Corp. (NASDAQ: DJT), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced that it filed its definitive proxy statement today with the U.S. Securities and Exchange Commission for the Company’s annual meeting scheduled for 9:00 a.m. Eastern time on April 30, and shareholders may …

Asia-Pacific markets mostly climbed on Monday, with investors keeping a close watch on Chinese equities. In Japan, the Nikkei 225 index gained 343.42 points, or 0.9%, to 37,396.52. Yields on 40-year Japanese Government Bonds (JGBs) rose seven basis points to hit a record high of 3.007%. Meanwhile, yields on 30-year JGBs rose slightly to hit a …