Base metals lift TSX as stocks gain before BoC decision
Canadian stocks rose as base metal shares supported the S and P/TSX composite which closed up 110.29 at 21 034.59 while U S indices mixed ahead of earnings and Fed rate outlook. The BoC is expected to hold rates with guidance toward possible cuts later in 2024.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Bank of Canada
U.S
New York
Philip Petursson
IG Wealth Management
Petursson
U.S. Federal Reserve
Pret a Manger opens first standalone in Toronto
Pret A Manger launched its first standalone Canada restaurant at 90 Adelaide St W in Toronto's Financial District. The soft launch runs until Feb 5 before a grand opening, joining a Canadian presence that began via A&W shops in 2022.
MENTIONED IN THIS ARTICLE
Toronto
U.K
Pret A Manger
Canada
Adelaide St
Financial District
Pret
A&w Food Services of Canada Inc
Jorrie Bruffett
Manger North
Ireland
France
India
Singapore
Montreal
London
JAB Holding Company
A&w
Vancouver
Shake Shack
CN Rail posts higher net income as revenue slips in Q4
Canadian National Railway reports Q4 revenue of 4.47 billion dollars, down two percent from a year earlier, while net income climbs 50 percent to 2.13 billion. Adjusted earnings decline to 2.02 per share, with operating ratio worsening to 59.3 percent. Dividend up seven percent for 2024.
MENTIONED IN THIS ARTICLE
Montreal
Canadian National Railway Co
Refinitiv
First Nations Finance Authority hits 2B loan milestone
The FNFA, a First Nation led finance body, has issued 2 billion in debenture loans aimed at closing Canada's Indigenous infrastructure gap. CEO Ernie Daniels said the non profit pools member nation resources to offer discounted rates about 2.92 percentage points below bank prime, enabling more affordable infrastructure build.
MENTIONED IN THIS ARTICLE
Canada
Ity
FNFA
Vincial
Ernie Daniels
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Fed
Middle East
Petturson
March
Tut
HE Canadian Press
Jimmy John’s
Jersey Mike’s
Brands International
Er King
Popeyes
Louisiana Kitchen
Morningstar Dbrs
Oper
PRF
CN Rail
the Canadian Press
Business TV
Ene
CNBC
Erin Burnett
OutFront
CNN
CPAC
Anderson Cooper
Kaitlan Collins
Travis Dhanraj
the National
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