Starboard looks to keep its great track record going in the chip industry
Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images Company: ON Semiconductor Corp (ON) Business: A premier semiconductor company that focuses on power and sensor...
Weekly Economic and Financial Commentary: Rebound Continues, but Initial Claims and Cases Rise
U.S. Review Rebound Continues, but Initial Claims and Cases Rise Data continue to reflect an economy digging itself out of the lockdown-induced slump. Consumer prices and retail sales rose in September as activity continued to pick up, but a rise...
The Weekly Bottom Line: Global Infections Surge
U.S. Highlights Covid-19 infections are surging in much of the world, prompting new restrictions in Europe and dampening market sentiment early in the week. U.S. data painted a clear picture of pandemic life. Inflation pressures for services hard hit by...
Forward Guidance: Economic Data Still Constructive as Virus Threat Looms
The week ahead should see another constructive report on the Canadian consumer. Statistics Canada already provided a preliminary estimate that retail sales rose 1.1% in August building on a sharp bounce-back over the spring that had already pushed sales above...
Week Ahead: Brexit Negotiations Off But Talks On?
Surprisingly, not a lot has changed over the last week in terms of headline events! Brexit “talks” seem to be happening this week, though Boris Johnson made sobering comments that the UK should get ready for a no-deal Brexit. However,...
Rockefeller heirs call on banks to stop lending to fossil fuel companies
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched...
Stocks making the biggest moves midday: Boeing, Caterpillar, Chewy, Navistar & more
United Airlines’ Boeing 747-400 aircraft performed its last passenger flight on November 7, 2017. NurPhoto Check out the companies making headlines in midday trading. Boeing — Shares popped more than 3% after Patrick Ky, the head of Europe’s aviation regulator,...
Week Ahead – Flash PMIs Could Underscore Worsening Virus Trend; US Election Polls in Focus
The virus reality has come back to bite markets just as investors were attempting once again to shrug off the gloom and doom. The daily frequency of tighter Covid restrictions being announced across Europe and dimming expectations of a pre-election...
Brexit Deal or No Deal?
The Pound has moved between narrow gains and losses hovering around the $1.29 mark as Boris Johnson tells the UK to prepare for a no trade deal Brexit. However, with more talks due to start in London on Monday, the...
Sterling Range Bound after Volatility, Brexit Talks Still Going to Continue
Sterling is a focus today in otherwise relatively quiet markets. Brexit jitters triggered much volatility in the Pound. But it’s staying in range as, after all, negations between UK and EU will still continue next week, probably with some intensifications....
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