Robb M Stewart
Reporter at Dow Jones Newswires
Scribbling for Dow Jones Newswires and The Wall Street Journal. UPI, Canadian Press alum.
Articles
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1 week ago |
ca.marketscreener.com | Robb M Stewart
By Robb M. Stewart Memory-chip maker Micron Technology is restructuring its business units in a bid to capitalize on booming artificial intelligence demand. The memory and storage solutions company said Thursday it will begin transitioning to a new business structure immediately, with the changes expected to be completed early in fiscal quarter that starts at the end of May.
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1 week ago |
marketscreener.com | Robb M Stewart
By Robb M. Stewart OTTAWA--Canadian investors made a record investment in U.S. equities in February even as foreign investors offloaded Canadian shares. Canadians bought 27.15 billion Canadian dollars, the equivalent of $19.59 billion, worth of foreign securities in February after cutting their foreign investments by C$3.0 billion the month before, Statistics Canada said Thursday.
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1 week ago |
marketscreener.com | Robb M Stewart
By Robb M. Stewart Uranium miner Energy Fuels is positioning itself as a producer of many of the critical minerals the U.S. relies on imports of, and which are now subject to hefty Chinese export controls. The Denver-based company on Thursday said it has developed the technical ability it believes is needed to commercially produce six of the seven rare-earth oxides now hit with Chinese restrictions. What is more, Energy Fuels said it expects it can produce them at scale.
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1 week ago |
in.marketscreener.com | Robb M Stewart
By Robb M. Stewart Eli Lilly's shares were rallying ahead of the opening bell after the drug company's first GLP-1 pill for diabetes and weight loss took a step closer to hitting the market. In premarket trading, the shares were 12% higher after ending the previous session at $734.90. As of Wednesday's finish, the stock had fallen 4.8% so far in the new year and was 2.1% lower over the last 12 months.
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1 week ago |
ca.marketscreener.com | Robb M Stewart
By Robb M. Stewart Shares on Canada's main exchange held on to gains after the central bank opted against an eighth successive cut to interest rates, waiting instead to determine the direction of U.S. trade policy and severity of the fallout from tariffs on growth and inflation. In Wednesday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 0.3% higher at 24152.68 and on track for a fourth straight session of gains.
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Canadian employers shed more jobs last month than they have in more than three years, a worrying glimpse at what the fallout of the Trump administration’s trade policies might be https://t.co/xQHjSUNjAo via @WSJ
Canadian exports of a wide range of products pulled back sharply in February, narrowing the trade surplus with the U.S. and offering a sign of the volatility that can be expected as the Trump administration wields tariffs https://t.co/RzcK3JjiNU via @WSJ
‘Our response to these latest tariffs is to fight,’ Prime Minister Mark Carney says https://t.co/MU7gGamD4z via @WSJ