onurdongel *All financial data in this article is expressed in Canadian dollars. Enerflex Ltd. (NYSE:EFXT) is a global energy infrastructure supplier who operates out of Canada and sells their products globally. Over the past couple of years, the company has been working on implementing cost synergy strategies related to its merger with Exterran Corporation. After…
JasonDoiy/iStock via Getty Images By Arthur Jones, Senior Director, Global Research and Strategy The U.S. multifamily housing sector faces challenges from both overdevelopment and capital market pressures, with ongoing issues anticipated through 2025. However, solid macroeconomic fundamentals and sustained demand, particularly from younger generations favoring rentals, offer potential opportunities in the medium term for well-capitalized…
Charday Penn/iStock via Getty Images Lancaster Colony Corporation (NASDAQ:LANC) produces and sells food products. The company divides its sales into retail and foodservice sales channels, both of which contribute almost equally to revenues. The retail sales are further divided into segments – Shelf-Stable Dressings, Sauces & Croutons with 44% of retail revenues, Frozen Breads with…
Andrew Breslin clarified that the idea was more about the numbers than the big-name firms that it appears Infura had targetted. Infura, the Web3 infrastructure firm from Consensys, has just entered into multiple partnerships with Microsoft and Tencent. The move, which appears to be in line with its vision of achieving progressive decentralization, also saw…
Coinspeaker Backpack Exchange: Ex-Employees of FTX Create New Entity Former colleagues of Sam Bankman-Fried (SBF) may already be preparing for life after his recent conviction. This follows after the Wall Street Journal (WSJ) recently named employees of the defunct FTX exchange and its research arm Alameda Research in a report. Per the report, two individuals…
JHVEPhoto Investors should buy shares of American International Group, Inc. (NYSE:AIG). Government bailouts tend to not sit well with people, and AIG’s debacles during the 2008 Global Financial Crisis are an excellent example of this. The firm has not regained its trading highs of 2006-2007 but has still rebounded nicely from its darkest days. AIG’s…
matdesign24 Transcript Ken – Let’s talk about the yield environment. Government bonds as well as spread asset classes continue to have elevated levels of yield. At the same time, we have Fed officials talking about a higher rate environment for longer. What does that mean for the bond market as we move forward? Marc Seidner:…
In the face of the AI hype that has swept across the world in recent months, Amazon has refrained from launching its own AI-powered chatbot, opting instead to apply the technology to its businesses. Amazon is rolling out a generative artificial intelligence (AI) tool to help sellers on its platform write copy for their product…
Surendra Sharma/iStock via Getty Images I can’t complain too much about the performance of Alnylam Pharmaceuticals (NASDAQ:ALNY) operationally or in stock market terms since my last update on this biotech. The company has continued to deliver positive data from significant clinical programs as well as basically on-target commercial performance. With that, the shares have outperformed…
designer491/iStock via Getty Images Thesis Summary Sea Limited (NYSE:SE) has seen its stock tumble 25% following earnings. Not only was growth lacklustre, but the lack of guidance was disappointing. Sea faces stiff competition in the eCommerce segment, and growth in its financial arm has fallen off a cliff. The company has greatly improved its cash…
While the primary focus is on cryptocurrencies, the RCMP acknowledges the importance of including NFTs in its approach. In Canada, the Royal Canadian Mounted Police (RCMP) and Shared Services Canada (SSC) are collaborating to develop a groundbreaking digital asset solution aimed at streamlining the seizure and storage of crypto and Non-Fungible Tokens (NFTs) from multiple…