News

Jul 07
Refiner Valero’s board OKs $2.5 billion share buyback

Valero Energy Corp. said late Thursday its board has approved a new share buyback authorization of up to $2.5 billion, which replaces a previous authorization announced in January 2018. The refiner said it has bought about 45.4 million shares of its stock since that year. Valero shares rose 0.7% in the extended session Thursday after […]

Jul 07
Forex Technical Analysis & Forecast 07.07.2022

EURUSD, “Euro vs US Dollar” After breaking the consolidation range downwards and completing the descending wave at 1.0161, EURUSD is expected to correct up to 1.0270. Later, the market may start a new decline with the short-term target at 1.0100. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the descending waver at 1.1875, GBPUSD […]

Jul 07
U.S. oil prices settle back above $100 a barrel; natural-gas futures rise over 14%

Oil futures settled higher on Thursday, marking a partial rebound from two consecutive sessions of declines, with U.S. prices climbing back above $100 a barrel. The climb in oil came on the back of a nearly 6% rise in gasoline futures. The Energy Information Administration data showed a healthy rebound in gasoline demand, “easing some […]

Jul 07
Grove Collaborative shares soar after expanded distribution to three retailers including Kohl’s

Grove Collaborative Holdings Inc. GROV, +82.50% announced expanded store distribution at three retailers, Kohl’s KSS, +3.29%, Giant Eagle and Meijer, sending shares soaring 52% in Thursday trading. Grove Collaborative is a sustainable consumer products brand that is committed to being 100% plastic-free by 2025. Launched in 2016, the company began trading on the New York […]

Jul 07
Caution: Bitex.com

The Financial and Consumer Services Commission (FCNB) has become aware that Bitex.com, which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. Bitex.com appears to be operating out of India.  New Brunswickers are urged to exercise caution when […]

Jul 07
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]