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Canadian Press

Wed, Aug 21st, 2019
Solid earnings from major US retailers drive stocks higher

U.S. stocks marched broadly higher in early trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers.

Alex and Ani drops $1.2 billion suit against Bank of America

CRANSTON, R.I. — Jewelry maker Alex and Ani has dropped its $1.2 billion discrimination lawsuit against Bank of America that had alleged "gender bias and greed."

US home sales rose 2.5% in July, aided by low mortgage rates

WASHINGTON — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.

Portugal truckers plan another strike, risking gas supplies

LISBON, Portugal — Portuguese tanker truck drivers have announced a new walkout, just days after returning to work and resuming talks with employers in a pay dispute.

France's Macron seeks to be a mediator in G-7 hard times

PARIS — French President Emmanuel Macron hosts the G-7 summit this weekend fresh off a meeting with Russia's Vladimir Putin, hoping to maintain his image as a global mediator at a time of deep political...

Here's a list annual inflation rates for July in the Canadian provinces

OTTAWA — Canada's national annual inflation rate was two per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets):

Here's a list of July inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was two per cent in July, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely...

NewsAlert: Consumer price index in July up 2.0 per cent from year ago

OTTAWA — Statistics Canada says the consumer price index in July was up 2.0 per cent compared with a year ago.

Merkel hosts UK PM Johnson in Berlin as Brexit drama grows

BERLIN — British Prime Minister Boris Johnson begins his high-stakes European tour Wednesday by travelling to Germany for meetings with Chancellor Angela Merkel as he seeks to persuade the European Union...

Iran moves to strike 4 zeroes from its battered currency

TEHRAN, Iran — Iran's president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic's sanctions-battered currency, the rial, as tensions remain high...

China says it will sanction US firms over Taiwan warplanes

BEIJING — China says it will impose sanctions on U.S. companies involved in plans for an $8 billion sale of F-16 fighters to Taiwan.

Pembina buying Kinder Morgan Canada and U.S. portion of Cochin pipeline

CALGARY — Pembina Pipeline Corp. has signed a deal to buy Kinder Morgan Canada Ltd. and the U.S. portion of the Cochin pipeline system in an agreement it valued at a total of about $4.35 billion.

In his words: Huawei CEO says company will not be crushed

SHENZHEN, China — Huawei founder and CEO Ren Zhengfei said that U.S. restrictions on access to technology would not defeat the Chinese telecom equipment maker and that the United States and Australia...

Target: Fiscal 2Q Earnings Snapshot

MINNEAPOLIS (AP) _ Target Corp. (TGT) on Wednesday reported fiscal second-quarter profit of $938 million.

Royal Bank hikes its dividend as its Q3 net income rises 6% to $3.3B

TORONTO — Royal Bank of Canada increased its dividend as it reported $3.3 billion in net income for its third quarter, up six per cent from $3.1 billion a year ago.

RY.TO : 99.63 (+0.29%)
Lowe's: Fiscal 2Q Earnings Snapshot

MOORESVILLE, N.C. (AP) _ Lowe's Cos. (LOW) on Wednesday reported fiscal second-quarter earnings of $1.68 billion.

Thailand to set up centre to combat 'fake news'

BANGKOK — Thailand's government has announced plans to set up a centre to combat unverified and unauthenticated news on social media platforms.

China appeals to Washington: 'Get along with us'

BEIJING — China is appealing to Washington to "get along with us" after President Donald Trump said "somebody had to take China on" over trade complaints.

Thousands interested in Dutch idea for Brexit beach party

THE HAGUE, Netherlands — As the deadline for Britain to quit the European Union approaches, thousands of people are expressing interest in a Brexit beach party in the Netherlands to say a fond farewell....

China says British consulate staffer detained 15 days

BEIJING — China says a staffer at the British consulate in Hong Kong has been given 15 days of administrative detention in the Chinese city of Shenzhen.

Chart of the Day

Equity Lifestyle Properties (ELS)

The Barchart Chart of the Day belongs to the REIT Equity Lifestyle Properties(ELS). I found the stock by using Barchart's powerful screening tools to find stocks with the highest Weighted Alpha and technical buy signals, then sorted that list by...
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