A Record Number of Women are Taking Control of Fortune 500 Companies

More women are taking control in boardrooms across America. In fact, you’ll find more at companies, such as Tokens.com Corp. (NEO:COIN)(FSE:76M), Advanced Micro Devices (NASDAQ:AMD), Bumble Inc. (NASDAQ:BMBL), Citigroup Inc. (NYSE:C), and Nasdaq Inc. (NASDAQ:NDAQ). In fact, according to NBC News, a record number of women took over Fortune 500 companies in 2020. In addition, “During the first quarter of 2021, 41 women will lead Fortune 500 companies. That’s just 8.2 percent, but an improvement from the 33 companies in 2019 and 24 in 2018. Going back 20 years, there were just two companies on the list that were run by women, according to Fortune.”

After all, “Diversity of thought leads to diversity of action which is critical for the performance, culture, and survival of our largest corporations,” Therese Gedda, an executive coach and future of work expert, told NBC News. “This is even more important with the range of … Read more

Big Gains on Day, Week for Markets

Equities in Canada’s largest market perked Friday, as health-care and energy issues provided the impetus.

The TSX rocketed 181.76 points to close Friday at 19,472.74. On the week, the index leaped 364 points, or 1.9%.

The Canadian dollar surged 0.12 cents to 82.39 cents U.S.

Health-care enjoyed the most accolades, with Organigram Holdings up 35 cents, or 11.7%, to $3.33, while Aurora Cannabis stocked 54 cents, or 5.3%, to $10.82.

Among energy issues, Enerplus leaped 41 cents, or 5.9%, to $7.42, while Canadian Natural Resources headed higher $1.32, or 3.3%, to $41.70.

In materials, First Quantum Minerals jumped $2.13, or 6.8%, to $33.70, while HudBay Minerals added 70 cents, or 6.7%, to $11.20.

On the economic front, Statistics Canada reported that the economy lost 207,000 jobs in April and the unemployment rate rose 0.6 percentage points to 8.1%.

This followed cumulative employment gains of 562,000 over the previous two months. … Read more

U.S. CPI in Focus Next Week

Monday

U.S.

Featured Earnings

Duke Energy (NYSE: DUK) (Q4) EPS projected for $1.24, compared to $1.14 the prior-year quarter.

Marriott International, Inc. (NASDAQ: MAR) (Q1) EPS projected for three cents, compared to 26 cents the prior-year quarter.

BioNTech SE (NASDAQ: BNTX) (Q1) EPS projected for $3.44, compared to a loss of 26 cents inthe prior-year quarter.

Featured Earnings

Canada

Featured Earnings

5N Plus Inc. (T.VNP) (Q1) EPS projected of four cents, identical to the prior-year quarter.

Finning International Inc. (T.FTT) (Q1) EPS projected for 36 cents, compared to 38 cents in the prior-year quarter.

Sleep Country Canada Holdings Inc. (T.ZZZ) (Q1) EPS projected for 21 cents, compared to 74 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

NFIB small-business index (April)

Job openings (March)

Featured Earnings

Electronic Arts Inc. (NASDAQ: EA) (Q4) EPS projected of 71 cents, compared to $1.09 in the prior-year quarter.

HanesBrands (NYSE: HBI) (Q1) EPS … Read more