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Loblaw Enters Automatic Share Purchase Plan Of 16.06 Mln Shares
(RTTNews) - Loblaw Companies Ltd. (L.TO) announced Friday that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Loblaw's common shares under its previously announced normal course issuer bid.
Loblaw previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing May 5, 2023 and terminating May 4, 2024, purchase up to 16.06 million Common Shares, representing approximately 5% of is issued and outstanding as of April 21, 2023.
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DoorDash Partners Loblaw To Provide Grocery Delivery Service To Customers In Canada
DoorDash, Inc. (DASH) and Loblaw Cos. Ltd. (L.TO) announced Wednesday a collaboration that will bring a new and innovative grocery delivery service to customers in Canada.
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Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
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Canadian Dollar Extends Gain Against Majors
The Canadian dollar extended gains against its major counterparts in the New York session on Wednesday.
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Pound Falls Against Most Majors
The pound weakened against its most major counterparts in the New York session on Wednesday.
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Swiss Market Ends On Positive Note
The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
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5घंटे 25 मिनट पहले
Major European Markets Close Higher As Investors React To Earnings, Economic Data
The major European markets closed higher on Wednesday amid easing trade tensions, and on largely encouraging quarterly results from several big name companies.
Investors also digested a slew of regional economic data, and U.S. GDP report.
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TSX Down Nearly 1% Despite Coming Off Early Lows
Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure.
Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
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6घंटे 38 मिनट पहले
German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months
Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
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