Canada's budget deficit widened in December, driven by increased spending on government initiatives and public-debt charges, surpassing revenue gains by a significant margin. Fiscal Monitor Report The Department of Finance's monthly fiscal monitor publication revealed that the budget shortfall in December amounted to 4.47 billion Canadian dollars, equivalent to $3.32 billion. … [Read more...] about Canada’s December Budget Deficit Update
Forex News
JPMorgan CEO Stock Sale
JPMorgan Chase & Co. CEO Jamie Dimon made his first-ever stock sale on Thursday, unloading $150 million in company shares according to a recent filing. Prior to this sale, Dimon had expressed his intention to divest stock. Sale Details Dimon sold 821,800 shares of JPMorgan at an average price of approximately $182.73. The sales were conducted through a Rule 10b5-1 trading … [Read more...] about JPMorgan CEO Stock Sale
Energy Fuels Uranium Price Surge
Energy Fuels has observed a substantial increase in uranium prices and is gearing up to produce up to half a million pounds of the concentrate utilized in nuclear fuel this year. Strong Sales Performance "In 2023, we managed to sell 560,000 pounds of uranium at an average price of $60 per pound, resulting in total gross profits of $17.96 million with an impressive 54% gross … [Read more...] about Energy Fuels Uranium Price Surge
Krystal Biotech’s Surprise Profit
Shares of Krystal Biotech saw a sharp increase when the company reported an unexpected profit in the fourth quarter. The stock surged by 13% to reach $126, following a 10% decline year-to-date prior to the latest market close. Impressive Financial Performance Krystal Biotech, a commercial-stage biotechnology company, announced a profit of $8.7 million or 30 cents per share in … [Read more...] about Krystal Biotech’s Surprise Profit
Itron Stock Surges
Shares of Itron are soaring to a two-year high following the company's impressive fourth-quarter performance and optimistic first-quarter guidance that exceeded analyst expectations. Stock Performance The stock surged by 25% to $93.32 in premarket trading, marking a significant increase after remaining relatively flat year-to-date up until last week's market … [Read more...] about Itron Stock Surges
