Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced that it has priced the previously announced remarketing of $37.5 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2020R-1 issued on September 2, 2020.
BMO has reiterated its Outperform rating and $148 price target on National Bank after it reported a third-quarter cash operating EPS of $2.68 that beat BMO's $2.63 forecast; but missed consensus of $2.71. The beat relative to BMO was primarily in the Personal & Commercial Banking and Other segment, notes analyst Sohrab Movahedi.
Financial stocks edged higher in Thursday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each up 0.1%. The Philadelphia Housing Index fell 0.5%, and the Real Estate Select Sector SPDR Fund dropped 0.6%. Bitcoin gained 1.1% to $112,516, and the yield for 10-year US Treasuries was dropping 3 basis points to 4.21%. In economic news, gross domestic produc...
BMO has reiterated its Outperform rating and $148 price target on National Bank after it reported a second-quarter cash operating EPS of $2.68 that beat BMO's $2.63 forecast; but missed consensus of $2.71. The beat relative to BMO was primarily in the Personal & Commercial Banking and Other segment, notes analyst Sohrab Movahedi.
The US economy expanded in the second quarter at the fastest pace in nearly two years amid stronger consumer spending and business investment than previously expected, according to the Bureau of Economic Analysis' second estimate released Thursday.
US equity indexes were mixed after midday Thursday as investors weighed a stronger-than-expected increase in an economic growth estimate alongside Nvidia's (NVDA) earnings and a lawsuit to prevent the ouster of Federal Reserve Governor Lisa Cook.
Shares of Opendoor Technologies Inc (OPEN) are trading higher Thursday afternoon, mounting a recovery after a sharp mid-week sell-off. What To Know: The stock is once again testing a critical technical barrier that has halted prior rallies. The volatile week began with a surge for Opendoor (OPEN), fueled by growing investor optimism that the Federal Reserve is poised to cut interest rates.
Financial stocks edged higher in Thursday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund each up 0.1%. The Philadelphia Housing Index fell 0.7%, and the Real Estate Select Sector SPDR Fund dropped 0.6%. Bitcoin gained 1.1% to $112,516, and the yield for 10-year US Treasuries was dropping 3 basis points to 4.21%. In corporate news, Gryphon Digital Minin...
The August vintage of the sentiment indicators continues to signal a quarterly German gross domestic product growth rate of a "good" 0.2% quarter over quarter for Q3, which is above the consensus expectation of 0.1% and slightly below Deutsche Bank's forecast of 0.3%. Compared with the Composite PMI, the Ifo Business Climate Index might currently be overstating the economic performance in Q3, w...
The European stock markets closed mixed in Thursday trading as the Stoxx Europe 600 declined 0.16%, Germany's DAX was off 0.01%, the FTSE 100 fell 0.42%, France's CAC gained 0.24%, and the Swiss Market Index was up 0.10%. The European Commission's Economic Sentiment Indicator for the EU declined 0.3 points in August to 94.9 from July, while the euro area gauge was down 0.5 points to 95.2 from t...
Egypt's central bank on Thursday said its Monetary Policy Committee decided to cut the overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 22.00%, 23.00% and 22.50%, respectively.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.56%. ?Mortgage rates are at a 10-month low,? said Sam Khater, Freddie Mac?s Chief Economist. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
The Kansas City Fed monthly manufacturing index was unchanged in August from a reading of 1 in July, as expected in a survey compiled by Bloomberg as of 7:30 am ET. The index indicates expansion, which is in line with the New York Fed and the S&P Global flash indexes but in contrast with the Philadelphia Fed, Dallas Fed and the Richmond Fed readings that suggested contraction.
Bitcoin and Ethereum's surge highlights how tightly crypto markets have become bound to global liquidity cycles, with central bank signals now moving prices as sharply as on-chain developments.
Canada's current account deficit widened to a record $21.2 billion, or $84.6 billion a.r., in Q2, following a revised $1.3 billion shortfall, or $5.3 billion a.r., in Q1, said Bank of Montreal after Thursday's data. That is estimated at 2.7% of gross domestic product, with the latter figure to be published on Friday, noted the bank.
A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.
Canada's current account deficit widened sharply in Q2, although that wasn't a surprise given the imposition of United States tariffs during the quarter and the front-running activity that had bolstered exports in Q1, said CIBC after Thursday's data.
US economic growth, measured by gross domestic product, was revised up to a 3.3% increase in Q2 from a 3.0% gain in the advance estimate, above a 3.1% increase expected in a survey compiled by Bloomberg as of 7:30 am ET. GDP fell by 0.5% in Q1. Personal consumer expenditures were revised up to a 1.6% gain from the 1.4% increase in the advance estimate and were above a 0.5% increase in Q1.
US initial jobless claims fell to a level of 229,000 in the week ended Aug. 23 from a downwardly revised 234,000 level in the previous week, compared with expectations for a decrease to 230,000 in survey of analysts compiled by Bloomberg as of 7:30 am ET. The four-week moving average rose by 2,500 to 228,500 compared with a downwardly revised level of 226,000 in the previous week.
Canada's current account deficit, on a seasonally adjusted basis, widened by $19.8 billion in the second quarter to reach an unprecedented $21.2 billion, Statistics Canada said Thursday. According to StatsCan, the increase in the current account deficit in the second quarter of 2025 reflected the rapid widening of the trade in goods deficit and was largely due to weaker exports.
- Treasury Yield Strategy: Targets up to $500M. - Asset Tokenization creates opportunities to reward shareholders and subscribers, boost engagement while strengthening the balance sheet. LiveOne (LVO) doubled its Bitcoin treasury holdings to over $4 million.
The US dollar fell against its major trading partners early Thursday ahead of the release of weekly jobless claims and the second estimate of Q2 gross domestic product growth, both at 8:30 am ET, and pending home sales data for July at 10:00 am ET.
CIBC Capital Markets raised its price target on Royal Bank of Canada (RY) to $208 from $195. Analyst Paul Holden maintained an Outperformer rating on shares of the Canadian bank following its quarterly results on Wednesday. The stock rose $9.68, or 5%, to $200.07 on the Toronto Stock Exchange.
Canada will release current account figures for Q2 at 8:30 a.m. ET on Thursday, said Bank of Montreal. The current account deficit is expected to balloon to over $18 billion, or $73 billion annualized and 2.3% of gross domestic product, in Q2 from $2.1 billion in Q1, the largest in nine years, due to plunging exports of tariffed steel, aluminum and autos, noted the bank.
RBC Capital Markets lowered its price target on National Bank of Canada (NTIOF) to $148 from $152. Analyst Darko Mihelic maintained a Sector Perform rating on shares of the Montreal-based bank following its quarterly results before market open on Wednesday. The stock declined $5.70, or 3.8%, to $144.71 on the Toronto Stock Exchange.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. We increase our 12-month target price by CAD14 to CAD184, 15.3x our FY 26 EPS view, a premium to its five-year forward P/E of 10.5x given expected efficiency gains and improving revenue diversity. MT Newswires does not provide investment advice.
Financial stocks advanced in late Wednesday afternoon trading, with the NYSE Financial Index up 0.3% and the Financial Select Sector SPDR Fund rising 0.4%. The Philadelphia Housing Index declined 0.1%, and the Real Estate Select Sector SPDR Fund added 0.6%. Bitcoin rose 1.1% to $112,194, and the yield for 10-year US Treasuries declined 1.6 basis points to 4.24%. In economic news, mortgage appli...
Financial stocks advanced in late Wednesday afternoon trading with the NYSE Financial Index gaining 0.3% and the Financial Select Sector SPDR Fund rising 0.4%. The Philadelphia Housing Index declined 0.1%, and the Real Estate Select Sector SPDR Fund added 0.5%. Bitcoin rose 0.1% to $111,956, and the yield for 10-year US Treasuries declined 2 basis points to 4.24%. In economic news, mortgage app...
New York Fed President John Williams, in an interview with CNBC, highlighted the need for central bank independence to maintain low inflation and economic stability.
Gold moved higher midafternoon on Wednesday as the dollar gave up early gains amid concerns over U.S. President Donald Trump's move to take control of the Federal Reserve board, which continues to prompt safe-haven buying.
Financial stocks advanced in Wednesday afternoon trading, with the NYSE Financial Index rising 0.3% and the Financial Select Sector SPDR Fund climbing 0.4%. The Philadelphia Housing Index declined 0.1%, and the Real Estate Select Sector SPDR Fund gained 0.4%. Bitcoin rose 0.2% to $112,013, and the yield for 10-year US Treasuries was little changed at 4.25%. In economic news, mortgage applicatio...
US equity indexes rose in midday trading on Wednesday ahead of Nvidia's Q2 results, and longer-term government bond yields climbed after Treasury Secretary Scott Bessent talked about trust issues with the Federal Reserve.
The Southeast Pennsylvania Transportation Authority implemented drastic cuts and warned that more cuts and fare hikes are on the way without state funding.
Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 0.2% and the Financial Select Sector SPDR Fund climbing 0.3%. The Philadelphia Housing Index fell 0.2%, and the Real Estate Select Sector SPDR Fund gained 0.4%. Bitcoin rose 0.2% to $112,013, and the yield for 10-year US Treasuries was little changed at 4.25%. In corporate news, Aspen Insurance (AHL) agreed ...
Big changes made by the House to a high-priority bill targeting cities and counties were rejected by the Senate, sending the measure to a conference committee.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. After reviewing Jul-Q earnings, we increase our 12-month target price by CAD32 to CAD250, 16.6x our FY 26 EPS view of CAD15.03, a wider risk premium than the peer average of 12.0x given its scale and superior earnings profile. MT Newswires does not provide investment advice.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. We increase our 12-month target price by USD22 to USD180, 16.6x our FY 26 EPS view of CAD15.03, a wider risk premium than the peer average of 12.0x given its scale and superior earnings profile. MT Newswires does not provide investment advice.
Treasury Secretary Scott Bessent told Fox Business News Wednesday that the Federal Reserve needs to be subject to internal review, using the recent allegations against Fed Governor Lisa Cook as evidence that there are trust issues with the Fed.
Today the Federal Home Loan Bank of Indianapolis announced Bonnie Arnold, director of community funding development at Martinsville-based Home Bank, was awarded the 2025 Community Spirit Award honoring exceptional contributions to affordable housing and community development in Indiana.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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