TSX edges higher amid floating pattern as investors weigh data
Canada's main index rose slightly to 21 793.90 led by base metals and industrials while energy and telecoms weighed. US markets advanced with Dow up 15.64, S&P 500 up 8.60, and Nasdaq up 87.50 as traders await Canadian GDP data and earnings. Deutsche Bank lifted First Quantum Minerals, helping base metals. energy and copper prices fluctuated. Telecos, utilities, and REITs face pressure from rate expectations amid inflation readings. The loonie sits near 73.01 US cents with oil around 80.90 a barrel.
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Couche-Tard weighs multiple acquisitions in Europe and North America
Canada's largest convenience chain Couche-Tard signals several potential deals after a tough quarter. CEO transition planned as Brian Hannasch retires September 6 and Alex Miller prepares to take over with Hannasch as M&A adviser. Net earnings fell to 453 million from 670.7 million. fuel margins and inflation cited as headwinds.
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Alimentation Couche-Tard Inc
Brian Hannasch
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TotalEnergies SE
Hannasch
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Alex Miller
ABC Capital Markets
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Westfort
E. Frederica St
Thunder Bay
Westfortfoods.com
ABA Dental Clinic
Memorial Ave