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Reuters - 2 days ago

Ecommerce logistics startup Locad raises $9 mln in new funding

Ecommerce logistics startup Locad raises $9 mln in new funding Nov 20 (Reuters) - Ecommerce logistics startup Locad said on Wednesday it has raised $9 million as it aims to expand in Saudi Arabia and the United Arab Emirates in the fourth quarter. While the company did not disclose the valuation at which the fundraising was made, a source familiar with the matter said it was around $60 million.
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Reuters - 1 week ago

Climate tech startup Vaulted Deep raises funds to inject carbon waste down wells

Climate tech startup Vaulted Deep raises funds to inject carbon waste down wells Vaulted Deep uses oil industry tech to inject carbon waste underground New funds to support expansion, including a site in Colorado By Peter Henderson Nov 14 - U.S. climate tech startup Vaulted Deep, which is locking away planet-warming carbon by burying organic waste deep underground, has raised $32 million in venture capital funding to expand operations, the company and investors said on Thursday.
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Reuters - 1 week ago

TSX extends record-setting run, led by tech and energy

CANADA STOCKS-TSX extends record-setting run, led by tech and energy TSX ends up 0.3% at 24,989.02 Eclipses Tuesday's record closing high Technology adds 2.4% Suncor climbs after results beat estimates Updates at market close By Nikhil Sharma and Fergal Smith Nov 13 (Reuters) - Canada's main stock index rose on Wednesday, led by gains for energy and technology shares, as oil prices climbed and U.S.
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Reuters - 1 week ago

TSX rises as US data firms Fed rate cut bets

CANADA STOCKS-TSX rises as US data firms Fed rate cut bets Updated at 10:11 a.m. ET/ 1511 GMT By Nikhil Sharma Nov 13 (Reuters) - Canada's main stock index rose slightly on Wednesday after a rally in the previous session, as U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. The S&P/TSX composite index .GSPTSE was up 15.64 points, or 0.06%, at 24,983.65, h overing near a record high it hit on Tuesday.
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Reuters - 1 week ago

TSX futures edge lower ahead of US inflation data

CANADA STOCKS-TSX futures edge lower ahead of US inflation data Nov 13 (Reuters) - Futures tied to Canada's main stock index marginally fell on Wednesday, mirroring Wall Street peers, ahead of key U.S. inflation data due later in the day. December futures on the S&P/TSX index SXFcv1 were down 0.07% at 6:04 a.m. ET (11:04 GMT). Wall Street futures edged lower as an uptick in Treasury yields weighed on rate-sensitive equities.
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Reuters - 1 week ago

IA Financial Corporation, Imperial Oil, Shopify

CANADA RESEARCH ROUNDUP-IA Financial Corporation, Imperial Oil, Shopify Nov 13 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including IA Financial Corporation, Imperial Oil and Shopify, on Wednesday. HIGHLIGHTS * Endeavour Silver Corp EDR.TO : Ventum Financial resumes coverage with buy rating * IA Financial Corporation Inc IAG.TO : CIBC raises target price to C$143 from C$133 * Imperial Oil IMO.TO : JP Morgan raises target price to C$100
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Reuters - 1 week ago

Wall Street muted as focus moves to economic data

US STOCKS-Wall Street muted as focus moves to economic data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Novavax drops after cutting annual revenue forecast Shopify's US-listed shares climb after quarterly revenue beat Indexes up: Dow 0.24%, S&P 500 0.10%, Nasdaq 0.05% Updated at 09:44 a.m.
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Reuters - 1 week ago

TSX hits record high on tech boost after Shopify's earnings

CANADA STOCKS-TSX hits record high on tech boost after Shopify's earnings Nov 12 (Reuters) - Canada's main stock index hit a record high on Tuesday, supported by the technology sector as Shopify's SHOP.TO shares jumped more than 20% after the company posted strong quarterly results. At 9:34 a.m. ET (14:34 GMT), the Toronto Stock Exchange's S&P/TSX
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Reuters - 1 week ago

Wall Street set for muted open as focus shifts from election to economic data

US STOCKS-Wall Street set for muted open as focus shifts from election to economic data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Home Depot gains after forecasting smaller drop in annual same-store sales Novavax drops after cutting annual revenue forecast Shopify's US-listed shares climb after quarterly revenue beat Futures: Dow up 0.11%, S&P 500 down 0.08%, Nasdaq down 0.03% Updated at 8:23 a.m.
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Reuters - 1 week ago

U.S. STOCKS Home Depot, Live Nation, On Holding

BUZZ-U.S. STOCKS ON THE MOVE-Home Depot, Live Nation, On Holding Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged lower on Tuesday after Wall Street's rally over the past few days following election results as traders awaited key inflation data later in the week for more signals on the country's economic and monetary policy outlook.
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Reuters - 1 week ago

Futures retreat from post-election gains as focus shifts to economic data

US STOCKS-Futures retreat from post-election gains as focus shifts to economic data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Home Depot gains after forecasting smaller drop in annual same-store sales Shopify's US-listed shares climb after quarterly revenue beat Futures down: Dow 0.15%, S&P 500 0.13%, Nasdaq 0.08% Updated at 07:10 a.m.
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Reuters - 1 week ago

TSX futures slip as metal prices drag

CANADA STOCKS-TSX futures slip as metal prices drag Nov 12 (Reuters) - Futures tied to Canada's main stock index fell on Tuesday, as lower metal prices weighed, while investors focused on major domestic earnings due on the day and U.S. inflation data later in the week. December futures on the S&P/TSX index SXFcv1 were down 0.4% at 6:15 a.m. ET (11:15 GMT).
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Reuters - 1 week ago

Toronto market ends higher, led by 'high-beta' stocks

CANADA STOCKS-Toronto market ends higher, led by 'high-beta' stocks TSX ends up 0.1% at 24,789.28 Tech adds 1.9%; financials end 0.9% higher Materials end down 4.1% as gold falls Updates throughout at market close By Fergal Smith Nov 11 (Reuters) - Canada's main stock index edged higher on Monday as investors remained bullish following the U.S. presidential election, but gains were held in check by a sharp decline in gold mining shares.
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Reuters - 2 weeks ago

What to Watch in the Day Ahead - Tuesday, November 12

What to Watch in the Day Ahead - Tuesday, November 12 EmThe Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Home improvement retailer Home Depot is expected to post a rise in third-quarter revenue, helped by a strong pro-business, which includes general contractor shops, maintenance and repair supp
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Reuters - 2 weeks ago

TSX hits three-week high amid rally fueled by Trump's reelection

CANADA STOCKS-TSX hits three-week high amid rally fueled by Trump's reelection Updated at 10:12 a.m. ET/ 10:12 GMT By Nikhil Sharma Nov 11 (Reuters) - Canada's main stock index hit a three-week high on Monday, led by technology and financial shares, as markets continued to rally on Donald Trump's reelection in the United States. The S&P/TSX composite index .GSPTSE was up 107.4 points, or 0.43%, at 24,866.8, hovering near a record high last hit on Oct.
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Reuters - 2 weeks ago

In changing climate, retailers turning to weather strategies

RPT-ANALYSIS-In changing climate, retailers turning to weather strategies Repeats story first published on Nov 4 Retailers use weather data for advertising, inventory and pricing decisions Climate consultants leverage cloud computing to process vast amounts of data Demand for climate analytics rises amid increased weather volatility By Nicholas P.
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Reuters - 2 weeks ago

TSX futures rise ahead of data-heavy week

CANADA STOCKS-TSX futures rise ahead of data-heavy week Nov 11 (Reuters) - Futures tied to Canada's main stock index rose on Monday, mirroring Wall Street peers, with investors focusing on this week's major economic indicators including key U.S. inflation data. December futures on the S&P/TSX index SXFcv1 were up 0.5% at 6:00 a.m. ET (11:00 GMT). Wall Street futures rose on Monday and were set to continue their post-U.S.
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Reuters - 2 weeks ago

Shopify Inc <SHOP.N> expected to post earnings of 27 cents a share - Earnings Preview

Shopify Inc expected to post earnings of 27 cents a share - Earnings Preview Shopify Inc SHOP.N , SHOP.K is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024 The Ottawa Ontario-based company is expected to report a 23.3% increase in revenue to $2.113 billion from $1.71 billion a year ago, according to the mean estimate from 37 analysts, based on LSEG data.
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Reuters - 2 weeks ago

Australia's Calmer Co International hits 4-month high on strong monthly sales

BUZZ-Australia's Calmer Co International hits 4-month high on strong monthly sales ** Shares of Calmer Co International CCO.AX rise as much as 33.3% to A$0.012 to their highest levels since June 6 ** The health services co says sales in October surpassed A$860,000 ($564,504), equating to an annualised revenue rate of more than A$10 mln per annum **
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Reuters - 3 weeks ago

In changing climate, retailers turning to weather strategies

RPT-ANALYSIS-In changing climate, retailers turning to weather strategies Repeats to additional subscribers Retailers use weather data for advertising, inventory and pricing decisions Climate consultants leverage cloud computing to process vast amounts of data Demand for climate analytics rises amid increased weather volatility By Nicholas P. Brown Nov 4 (Reuters) - Big-name retailers such as Walmart WMT.N are increasingly using analytics to blunt the impact of one of the most unpredictable perf
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