Geoffrey Morgan
Equities Reporter at Bloomberg News
Equities reporter at Bloomberg @business, with a focus on energy and natural resources. Previously @FinancialPost, Venture Publishing. Opinions mine.
Articles
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2 days ago |
bloomberg.com | Geoffrey Morgan
The TSX ticker on the outside of the TMX Group headquarters in the financial district of Toronto, Ontario, Canada, on Tuesday, Aug. 6. 2024. Canadian stocks tumbled at the open, then pared those losses, as traders caught up after the Toronto Stock Exchange and other venues were closed for a public holiday during Monday’s global selloff.
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6 days ago |
news.bloomberglaw.com | Natalia Kniazhevich |Geoffrey Morgan
US energy stocks have held up even as the price of crude has cratered, but that could soon change as recession risks hurt demand and a supply boost threatens to make oil even cheaper. West Texas Intermediate has fallen 19% this year to $58 a barrel, while the S&P 500 Index’s energy sector is down just 5.8%. “Typically, energy stocks follow prices of oil,” Stefano Pascale, head of US equity derivatives strategy at Barclays Plc, said in an interview.
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2 weeks ago |
bloomberg.com | Geoffrey Morgan
Oil and gas producers’ years long buyback spree is at risk of coming to an abrupt end — amping up the pressure on stocks that are already reeling under falling oil prices. The largest energy companies in the US spent an average of $16.7 billion each quarter last year to buy back their own stock, down slightly from the nearly $17.5 billion per quarter in 2023, according to S&P Global data.
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2 weeks ago |
news.bloombergtax.com | Geoffrey Morgan
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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2 weeks ago |
financialpost.com | Jade Khatib |Geoffrey Morgan |Naomi Tajitsu
Article contentThe Canadian dollar held firm against the greenback after Mark Carney’s Liberal Party secured a narrow victory in a general election. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
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RT @StephHughes95: Financial stocks are the likely winners in Canada after Prime Minister Mark Carney’s Liberal Party won the most seats in…
Wall Street was euphoric after President Donald Trump paused implementation on some of his harshest tariffs. But the lack of clarity in the details is cause for concern on some trading floors. https://t.co/jxePDsnbAW via @markets
RT @gjgolding: Me and the boys going to the bar celebrating the 90 day pause https://t.co/LrYEW3x5oo