Primo Water stock was rising sharply Monday after the beverage manufacturer announced an agreement to merge with BlueTriton, the parent company of Poland Spring. Primo Water said in a press release that following the closure of the all-stock transaction the combined companies would generate $6.5 billion in annual revenue. Primo Water reported revenue of $1.77 billion in its fiscal year ended Dec. 30, 2023.
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HANOI, Vietnam (AP) — Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It just can’t sell enough cars.
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Prices for services pushed the annual rate of inflation up to 2.9 per cent in May, according to Statistics Canada.
With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.
Guggenheim analyst Ronald Jewsikow started coverage of shares of electric-vehicle maker Rivian with a Buy rating and $18 price target.
(Bloomberg) -- Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assang
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Trump Media & Technology Group shares rallied after a weekslong decline cut the stock price in half and knocked investors for a loop.
An Ontario Conservative MP's use of ChatGPT to share incorrect information online about Canada's capital gains tax rate offers a cautionary tale to politicians looking to use AI to generate messages, one expert says.MP Ryan Williams posted last week on X (formerly known as Twitter) an AI-generated ranking of G7 countries and their capital gains tax rates.The list appeared to have been generated by ChatGPT — an artificial intelligence-based virtual assistant — and falsely listed Canada's capital
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LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.
The Bank of Canada will be scrutinizing May inflation figures this week, as it gauges whether it can deliver back-to-back interest rate cuts. Anne Gaviola has this story and more in Business Matters for Monday, June 24, 2024.
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Canadian investors can consider gaining exposure to quality mining stocks such as Wheaton Precious Metals in June 2024. The post 1 Canadian Mining Stock to Buy and Hold Forever appeared first on The Motley Fool Canada.
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