Equity markets in Canada’s largest centre finished positive Monday, powered by energy and resource issues, as the battle for control of a U.S. railroad appears to be nearing an end.

The TSX Composite remained above water 33.35 points, to finish Monday at 20,666.41

The Canadian dollar picked up 0.15 cents to 79.01 cents U.S.

Eight Capital initiated coverage on Ballard Power Systems with a neutral rating and target price of $18.00.

Ballard shares gained 30 cents, or 1.6%, to $19.65.

Canadian Pacific Railway settled 10 cents to $86.81 after Kansas City Southern said it planned to accept the railroad operator’s $27.2-billion cash-and-stock acquisition offer over a $29.6-billion deal to sell itself to Canadian National Railway. For its part, CN shares dissolved $2.87, or 1.9%, to $147.87.

Crescent Point Energy leaped 57 cents, or 13.7%, to $4.89, and was the largest percentage gainer on the TSX after the oil producer raised … Read more

The Dow Jones Industrial Average declined for a fifth straight day Friday as economic uncertainty loomed.

The blue-chip index plummeted 271.66 points to finish Friday and the week at 34,607.72. Apple was the biggest laggard weighing on the Dow, down 3.3%. The tech giant can no longer force developers to use in-app purchasing, a federal judge ruled Friday in a closely watched trial between Apple and Epic Games.

The S&P 500 swooned 34.7 points to 4,458.58

The NASDAQ Composite crumbled 132.76 points, to 15,115.49.

For the week, the Dow was down roughly 2.2% in its second negative week in a row. The S&P 500 was off about 1.7% for the week, while the NASDAQ was 1.6% lower.

Investors are worried about persistent COVID cases slowing the economy just as hot inflation causes the Federal Reserve to take away easy policies.

The August producer price index released Friday showed wholesale costs … Read more

The anti-static fabric is made up of three basic layers. On the basis of types E, G, and F, the market is further segmented into 100 200mm, 200 300mm, and so on. The 100 200mm anti-static tube is commonly used in the coating and chemical treatment industry. It can be used in almost any industry related to electricity and electronic field.

There is a global anti-static tube market. The demand for the 100 200mm type grows rapidly due to its increasing performance in the application areas. This particular length is ideal for chemical treatment, where it helps in reducing corrosion and keeps the material safe for a long forecast period. In the electrical panel industry, this length helps in protecting the metallic circuits from electrostatic discharges.

The global anti-static tube market includes both residential and commercial application areas. The 100 200mm size is ideal for the coating industry, where it … Read more

Equities in Canada’s largest centre ended the week the same way they conducted much of it, on the down side, as health-care stocks were badly wounded.

The TSX Composite tumbled 72.21 points, to conclude Friday at 20,633.06, a drop on the week of 188 points, or 0.9%.

The Canadian dollar resumed its downward path, falling 0.08 cents to 78.88 cents U.S.

Cannabis issues felt the bruises, with Canopy Growth doffing 78 cents, or 3.9%, to $19.12, while Aurora Cannabis dropped 31 cents, or 3.6%, to $8.41

Gold also took hits, with Equinox falling 41 cents, or 4.6%, to $8.55, while Iamgold stumbled eight cents, or 2.8%, to $2.75.

In real-estate, Colliers International Group moved lower $3.72, or 2.2%, to $167.78, while Interrent REIT surrendered 29 cents, or 1.6%, to $17.55.

In consumer stocks, Canada Goose strengthened $1.32, or 2.7%, to $50.16, while Great Canadian Gaming Corporation added $1.09, or 2.5%, … Read more

Monday

U.S.

Featured Earnings

Lennar Corporation (NYSE:LEN) (Q3) EPS projected for $3.24 cents, compared to $2.12 in the prior-year quarter.

KalVista Pharmaceuticals, Inc. (NASDAQ:KALV) (Q1) EPS projected for loss of 73 cents, compared to a loss of 61 cents in the prior-year quarter.

Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) (Q4) EPS projected for a loss of 16 cents, compared to a loss of 69 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

NFIB Business Optimism Index (Aug.)

Core Inflation Rate (Aug.)

Featured Earnings

Urstadt Biddle Properties Inc. (NYSE:UBA) (Q4) EPS projected for 35 cents, compared to 24 cents in the prior-year quarter.

NAPCO Security Technologies, Inc. (NASDAQ: NSSC) (Q4) EPS projected for 25 cents, compared to breakeven in the prior-year quarter.

IBEX Limited (NASDAQ:IBEX) (Q1) EPS projected for 14 cents, identical to the prior-year quarter.

Canada

Economic Lookahead

Monthly Survey of Manufacturing (July) Manufacturing sales rose 2.1% in June, … Read more