Strategic Growth and Record Net Income
Record Net Income and Strategic … Underlying EPS: $1.82, up 21% year over year. Underlying Net Income: $1.045 billion, a record high. Reported Net Income: $928 million. Underlying ROE: 17.7%. LICAT Ratio: 149%. Cash at SLF Holdco: $1.3 billion. Share Buybacks: $520 million of common shares repurchased. Dividend Increase: 5% increase announced. SLC Management Capital […]
The Magnificent Seven at the Helm of the Stock Market
• The megacap tech stocks that make up the “Magnificent Seven” have led the market’s recovery over the past month. • That’s a big change from earlier in the year, when “old economy” stocks like financials and healthcare led, while tech fell out of favor. • Strategists say Big Tech offers investors structural advantages over […]
Telus Earnings: Strong Revenue Growth from Telus Health and…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Telus T posted healthy first-quarter results. Revenue improved 3% yearly, while consolidated EBITDA expanded 6% as the firm added its fair share of subscribers across its wireless and wireline networks. Additionally, cost management has supported healthy margin growth as stiff […]
15 States File Lawsuit Against Trump’s Initiative to Accelerate Oil and Gas Projects
15 states sue over Trump’s move to fast-track oil and gas projects Over a dozen largely Democratic states are suing President Trump’s administration over his efforts to fast-track energy projects, saying the administration is bypassing environmental protection laws. Mr. Trump issued an executive order declaring a “national energy emergency” on the first day of his […]
Silicon Metals Corp. Announces Termination of Property Option Agreement
Silicon Metals Corp. Announces Termination of Property Option Agreement – Silicon Metals Corp Silicon Metals Corp. (CSE:SI, FSE:X6U, OTC:SLCND) has terminated its property option agreement with Eastfield Resources Ltd., which allowed for a 60% interest in the Hedge Hog property in British Columbia. CEO Morgan Good stated that this decision enables the company to focus […]
Likelihood of Bank of Canada Interest Rate Cut Increases in…
A shocking fall in the latest job numbers and a higher-than-anticipated rise in the unemployment rate have significantly boosted the odds of an interest rate cut when the Bank of Canada makes its next decision in June. The economy added just 7,400 jobs in April, considerably undershooting the FactSet consensus estimate of 10,000. Meanwhile, the […]
Quebecor Earnings: Strong Growth in Wireless Subscriber Additions
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Quebecor QBR.B posted an annual revenue decline of 1.4% in the first quarter, primarily from lower wireline and media revenue. Adjusted EBITDA declined 2% in the period, as firmwide margins dipped only slightly to about 41% Why it matters: As […]
Upcoming BEV Conference to Highlight Battery Materials Supply Chain Development
Upcoming BEV conference to focus on developing battery materials supply chain The 4th BEV In-Depth: Mines to Mobility Conference in Sudbury The upcoming 4th BEV (Battery Electric Vehicle) In-Depth: Mines to Mobility Conference is set to take place on May 28 and 29, 2025, in Sudbury, Ontario. This event will serve as a pivotal gathering […]
BHP-Backed SolGold Shifts to Accelerated Mining Plan to Attract Investors
The Cascabel copper-gold project in Ecuador. (Image courtesy of SolGold.) SolGold Plc, an Ecuador-focused firm backed by some of the biggest names in mining, is working on options to start production at its flagship project three or four years ahead of previous plans. The company’s Cascabel project has long been heralded for its potential of […]
10% Tariffs Are Now Permanent
10% tariffs are here to stay The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears to be far from free of tariffs. The deal is the first made by the United States since President Donald Trump unveiled his so-called reciprocal tariffs on countries around the world last […]