🏛️Awaiting U.S. Fed rate decision ‼️ BoC remains focused on rate hikes 📉Canada Goose lowers revenue forecast Here's what you need to know today:
for the U.S. Federal Reserve and traders are betting on yet another outsized rate increase. Betting odds are the fed will hike by another three-quarters of a per cent at this meeting, bringing the policy rate range to 3.75-4 per cent. Now, the question from there becomes how much further Jay Powell & Co. go, as the world grapples with recession risks due to said rising rates – worth noting general consensus is a terminal rate, i.e.
Bank of Canada governor Tiff Macklem reiterated his stance that rates will need to continue rising but has signaled we’re getting to the back nine on this round of tightening. Speakinglate yesterday, Macklem spoke directly to the risks of over and under-tightening to the domestic economy, as the central bank looks to balance the monetary policy risks as it tackles sky-high inflation.
A subsidiary of MTY Food Group is snapping up Wetzel’s Pretzels for US$207 million, adding the pretzel purveyor to its stable of brands that includes Manchu Wok, Jugo Juice and mmmuffins Calfrac Well Services topped quarterly earnings expectations and posted its strongest margins since 2012.Notable earnings: Cenovus Energy, Calfrac Well Services, Bausch + Lomb, Canada Goose, Dream Residential REIT, Great-West Life, Sun Life Financial, Primaris REIT, Tourmaline Oil, GFL Environmental, Hudbay Minerals, Spin Master, Nutrien, Suncor Energy, Canaccord Genuity, Parkland Corp.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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Two youths arrested in stabbing, assault on Galloping Goose in LangfordUp to 15 teens were hanging out in the area when two males in the group began arguing. After one of the two was knocked to the ground and assaulted, one of the assailants was stabbed, West Shore RCMP say
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Canada Goose reports $3.3M Q2 profit, cuts guidance for full year - BNN BloombergCanada Goose reported its quarterly profit fell compared with a year ago and lowered its full-year financial guidance due to COVID-19 restrictions in China.
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Canada Goose cuts forecast as China's zero-COVID stance weighs on sales'COVID-related disruptions, including mall closures, lockdowns and travel restrictions, continue to impact traffic,' chief executive Dani Reiss said From alicjawithaj
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Canada Goose lowers outlook as China's zero-COVID policy hits salesCanada Goose brought in $277.2 million for its second quarter ended on Oct. 2, a 19 per cent increase from the same time a year ago. Read on.
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Canada Goose lowers outlook as China's zero-COVID policy hits salesCanada Goose brought in $277.2 million for its second quarter ended on Oct. 2, a 19 per cent increase from the same time a year ago. Read on.
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