Lululemon Earnings: International Expansion Driving Growth…
Key Morningstar Metrics for Lululemon Athletica What We Thought of Lululemon Athletica’s Earnings Lululemon Athletica LULU shook off the troubles of 2024’s first half, posting third-quarter sales and earnings that surpassed our expectations. Although comparable sales fell 2% in the Americas (against 13% growth a year ago), there are reasons to be optimistic about upcoming […]
Weekly Market Outlook: Attention on Central Banks Amid Rising US Inflation Concerns
Markets Weekly Outlook – Central Bank Focus as US Inflation Looms Read More: EUR/USD: Additional accommodative monetary policy guidance from the ECB may be forthcoming Week in Review: Jobs Data All but Confirms a December Rate Cut A week that saw a lot of choppy price action as markets awaited the US jobs report on […]
Lab Alumni Discuss Strategies for Expanding Climate Finance
Lab Alumni share insights on scaling climate finance Ben Broché, Martha de Sá, Las Perera and Sanjay Wagle at the Lab Summit during New York Climate Week. The Global Innovation Lab for Climate Finance (the Lab) hosted a panel during the Lab Summit at the 2024 New York Climate Week, featuring three alumni from diverse […]
Gold’s Impressive Surge Continues – MINING.COM
Technically this past year’s surge remains an extraordinarily-large upleg within a bigger bull market. Bulls are defined as 20%+ gains off major lows. Within those usually-secular uptrends, smaller uplegs and corrections meander. Uplegs last until they are formally ended by 10%+ corrections, which sometimes cascade into 20%+ bear markets slaying bulls. Sub-10% selloffs within uplegs […]
TD Bank Reports Disappointing Earnings Driven by U.S. Operations
Toronto-Dominion Bank TD reported weaker-than-expected fiscal fourth-quarter results on higher costs as it works to put its regulatory issues in the US behind it. Adjusted net revenue increased 12.5% to C$14.9 billion while adjusted net income fell 8% from last year to C$3.2 billion. These results translate to a return on equity of 11.7%, below […]
Electrovaya Announces date for Q4 and FY-2024 Financial Results & Conference Call
Electrovaya Inc. (Nasdaq: ELVA, TSX: ELVA) will release its fourth quarter and fiscal year results for the period ending September 30, 2024, on December 12, 2024, after market close. A conference call featuring CEO Dr. Raj DasGupta and CFO John Gibson will take place at 5:00 p.m. ET to discuss the results and provide a […]
Equinor and Shell Collaborative Partnership
Equinor and Shell joint venture Equinor and Shell have unveiled plans to form a JV that will combine their UK offshore oil and gas assets. According to Equinor, the new JV will be the UK North Sea’s “largest independent oil and gas producer”. The venture, equally owned by both companies, will aim to ensure the […]
CIBC Earnings: Improved Provisioning and Solid Performance…
Canadian Imperial Bank of Commerce CM reported decent fiscal fourth-quarter earnings largely in line with our expectations, with strong trading results and net interest income growth helping total revenue. Adjusted net income increased 24% from a year ago to C$1.9 billion. Adjusted earnings per share were C$1.91, up 22% year over year and down 1% […]
Bank of Montreal Earnings: Legal Reversal Impact
Bank of Montreal BMO reported better results than we expected, as the company benefited from a C$870 million reversal in a legal provision from 2022. However, excluding this one-time gain, the bank’s results were considerably less attractive, as elevated credit provisioning remains a headwind. Net revenue increased 7.7% from last year to C$8.96 billion, only […]
Patriot Battery Metals Inc. Reports Successful Sample of Battery-Grade Lithium Hydroxide
Patriot Battery Metals Inc. announces a successful sample of battery-grade lithium hydroxide Patriot Battery Metals Inc. has made significant strides in lithium production, showcasing its ability to create high-quality battery-grade lithium hydroxide monohydrate from spodumene concentrate sourced from its CV5 Pegmatite in Quebec. This achievement not only demonstrates the company’s commitment to the lithium supply […]