Canada shares gain as financials lift main index
Canada’s S P/TSX composite rose 67.10 points to 22 126.18 led by financial stocks as U S markets showed mixed results amid quiet trade after a weak US jobs report. Investors await Fed chair Powell testimony and US inflation data with bets on rate cuts. September seen as more likely for both Canada and the United States. Oil, gold, and copper moved on the strip with currencies near prior levels.
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J. Zechner Associates
Zechner
U.S. Federal Reserve
Jerome Powell
Congress
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DRI Healthcare Trust sinks after top official shakeup
Shares of DRI Healthcare Trust fell about 30 percent after the board ousted its chief executive Behzad Khosrowshahi and suspended chief financial officer Chris Anastasopoulos amid an investigation into various irregular expenses. Interim finance chief Sandy Kwan named. Gary Collins becomes interim CEO of the trust.
MENTIONED IN THIS ARTICLE
DRI Healthcare Trust
DRI
Behzad Khosrowshahi
Khosrowshahi
DRI Healthcare
Pharmaceutical Royalty Trust
Chris Anastasopoulos
Gary Collins
The
Trust
Ali Hedayat
AirBoss reviews strategic alternatives with adviser
AirBoss of America Corp says it has hired a financial adviser to conduct a strategic review of options including acquisitions divestitures and structural and financing choices. No assurance a deal will result and no timetable for completion. AirBoss tables its Automotive and Defense units and Rubber Solutions as sources while noting no further comment.
MENTIONED IN THIS ARTICLE
AirBoss of America Corp
AirBoss
Cess
AirBoss Rubber Solutions
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