Futures for Canada’s main stock index were flat on Tuesday as investors remained cautious ahead of key domestic inflation data despite gains in prices of base and precious metals.
Department store Macy’s said on Tuesday hedge fund Arkhouse Management had nominated nine individuals to stand for election as directors at its 2024 annual meeting.
Italian copper and copper alloy producer KME said on Tuesday it had signed an equity transaction deal aimed at listing its Cunova unit on the New York Stock Exchange (NYSE).
Investment firm Buxton Helmsley Group said it nominated four candidates to the board of directors of Fossil Group , after the fashion design company’s stock lost three-quarters of its value over the last year.
Discover Financial shares rose 13% before the bell on Tuesday after U.S. lender Capital One’s $35.3 billion deal for the credit card issuer, while top payment processors fell on bets of a shake-up in a sector where they hold big market share.
Canadian pot firm Aurora Cannabis said on Tuesday it has appointed Simona King, a former executive of Bristol Myers-Squibb, as its Chief Financial Officer.
Mining giant Vale is looking at expanding the use of industrial batteries to power ports and mining sites, said the firm’s Energy and Decarbonization director Ludmila Nascimento, in a move that would boost an industry still in early stages in Brazil.
U.S.-based Eli Lilly and Denmark’s Novo Nordisk have struck gold with their weight-loss drugs, sending their shares to stratospheric levels and putting them on par with some high-growth tech stocks.
