Results for: Business

The Toronto and Area Road Builders Association (TARBA), the Greater Toronto Sewer and Watermain Contractors Association (GTSWCA), and the Heavy Construction Association of Toronto (HCAT) are calling on the City of Toronto to improve procurement practices to accelerate project timelines, mitigate traffic congestion, and reduce overall costs. The groups highlight the need for early tendering, project acceleration incentives, empowered project managers, better coordination, and a culture of innovation.

JetZero, a company developing the world’s first commercial blended wing body (BWB) airplane, has announced the addition of Rob Dewar to its Board of Directors. Dewar, a veteran aerospace innovator, brings decades of experience in leading successful aircraft programs, including the Airbus A220, formerly known as the Bombardier CSeries. Dewar’s expertise is expected to be invaluable as JetZero works towards its goal of delivering the BWB to market by 2030.

Power Metals Corp. is pleased to provide an update on its ongoing Phase II 2024 drill program at its 100% owned Case Lake property in Ontario, Canada. The program is progressing well with the successful completion of eleven diamond drill holes at both the West Joe and Case Lake zones, exceeding the initial target depth. The company is confident in its ability to complete the program ahead of schedule, with assay results anticipated in late October. Furthermore, Power Metals has initiated metallurgical test work to evaluate the cesium mineralization at West Joe, demonstrating their commitment to advancing the project towards commercialization.

Bosch and Pirelli have joined forces to develop innovative software-based solutions that enhance driving safety, comfort, and dynamics using in-tire sensors. This collaboration leverages both companies’ expertise in sensor technology, software, and tire modeling to create a new generation of intelligent tires.

Kennametal Inc. has released its Fiscal Year 2024 Corporate Responsibility Report, showcasing significant achievements in its environmental, social, and governance (ESG) strategy. The report highlights reductions in greenhouse gas emissions, water usage, and improved waste recycling efforts, alongside advancements in employee engagement and diversity initiatives.

Investors are keeping a close eye on insider trades, particularly when insiders sell shares. This could indicate potential concerns about the company’s prospects or an overvalued stock. This article highlights notable insider sales in Workday, Buckle, Paycom Software, and MarineMax, offering insights into their recent performance and market sentiment.

This article analyzes recent analyst ratings for three high-yielding dividend stocks in the information technology sector: Xerox (XRX), IBM (IBM), and HPE (HPE). It includes ratings from top analysts, their accuracy rates, and recent company news that may impact their stock performance.

AngloGold Ashanti is set to acquire Centamin in an all-share deal valued at $2.5 billion, creating the fourth-largest gold producer globally. The acquisition focuses on Centamin’s Sukari gold mine in Egypt, a Tier 1 asset with a consistent output, low-cost structure, and long mine life. The deal is expected to be accretive to AngloGold’s financial performance and will boost its annual gold production above 3 million ounces.

Decibel Cannabis Company Inc. (DB, DBCCF) has reported exceeding expectations with its new flower strategy. The company’s QWEST brand, re-launched in July with a focus on affordable quality, has seen a significant increase in demand, both domestically and internationally. Despite recent sales declines, Decibel is making strategic moves to improve operational efficiency and achieve a free cash flow run rate of $10 million per year.

Investors are navigating a turbulent market landscape, driven by U.S. economic uncertainty, Federal Reserve policy shifts, and the upcoming presidential election. This confluence of factors is leading to heightened demand for portfolio hedging, as evidenced by the rise in the VIX volatility index. While the market remains cautiously optimistic, the potential for economic surprises and geopolitical risks keeps investors on edge.