Canada Markets open in 6 mins

  • S&P/TSX

    20,197.61
    +15.69 (+0.08%)
     

  • S&P 500

    3,901.36
    +0.57 (+0.01%)
     

  • DOW

    31,261.90
    +8.77 (+0.03%)
     

  • CAD/USD

    0.7790
    -0.0009 (-0.1207%)
     

  • CRUDE OIL

    110.35
    +0.46 (+0.42%)
     

  • BTC-CAD

    37,455.15
    -1,737.43 (-4.43%)
     

  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     

  • GOLD FUTURES

    1,845.10
    +3.90 (+0.21%)
     

  • RUSSELL 2000

    1,773.27
    -2.96 (-0.17%)
     

  • 10-Yr Bond

    2.7870
    -0.0680 (-2.38%)
     

  • NASDAQ futures

    11,838.00
    -40.25 (-0.34%)
     

  • VOLATILITY

    29.43
    +0.08 (+0.27%)
     

  • FTSE

    7,389.98
    +87.24 (+1.19%)
     

  • NIKKEI 225

    26,739.03
    +336.19 (+1.27%)
     

  • CAD/EUR

    0.7372
    +0.0007 (+0.10%)
     
MARKETS LIVE BLOG:

STOCK FUTURES SIGNAL MORE LOSSES AMID RENEWED PRESSURE ON TECH NAMES

Snap shares plunge 30% in pre-market trading after company slashes forecast on broad range of challenges

Stocks in play: Fairfax Financial Holdings Limited

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Baystreet.ca
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • FAXRF
  • FAXXF
  • FFHPF
  • FRFFF
  • FRFGF
  • FRFHF
  • FRFXF
  • FRFZF
  • FXFLF

Has declared a dividend of $10.00 U.S. per share on its outstanding multiple voting and subordinate voting shares, payable on January 27, to shareholders of record on January 20. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada. Fairfax Financial Holdings Limited shares T.FFH are trading up $2.60 at $625.81.

Read:

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest Stories

  • KEENON Robotics Showcases Its Advanced Service Robots at NRA show 2022

    KEENON Robotics participates in The National Restaurant Association Restaurant (NRA Show 2022), the largest annual gathering of foodservice professionals in the Western Hemisphere. With over 1,300 exhibitors, the Show is the ultimate destination to source inspiration and innovations in over 900 product categories, from food, beverage, equipment, technology, tableware, sanitation, and everything in between. The show attracts leading restaurant chains such as McDonald's, Starbucks and Dunkin'; ind

  • JPMorgan rallies 6% on interest outlook, despite cost questions

    (Reuters) -JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target at its investor conference on Monday, sending its stock 6% higher despite persistent questions about how much more it will spend on its businesses. The country's largest lender said it expects net interest income (NII), excluding markets, of $56 billion in 2022. Investors are keeping a close eye on the prospects for banks to earn more from net interest income, the difference between income from loans and interest paid on deposits and other funds, as they benefit from higher interest rates.

  • Snap Inc's profit warning sends ripples through social media stocks

    The owner of Snapchat was on course erase about $10 billion from its market value, while larger players Meta Platforms and Google-parent Alphabet Inc were both down more than 4%. Snap said on Monday it expected to miss quarterly revenue and profits targets that it set just a month earlier, citing a faster-than-expected downturn in the economy. Like companies across sectors, Snap faces pressure from inflation, labor shortages and rising interest rates that have raised fears of a global economic slowdown.

  • Marketmind: I know what you'll do this summer

    European Central Bank President Christine Lagarde openly admitted for the first time what investors had already been betting on for a while: negative interest rates, a eurozone feature for eight years, will most likely be gone by the end of summer. With inflation running at a record 7.4% in the euro zone and money markets pricing over 100 basis points of hikes by end-2022, the candid tone of Lagarde's announcement was perhaps the most surprising news for investors. Government bond yields firmed, the euro rose and Lagarde will have a chance to give more details when she speaks at Davos after a fresh batch of indicators on European business activity.

  • 2 of the Best Canadian Midstream Energy Stocks to Buy Now

    If you're looking to buy high-quality energy stocks that are reliable and that you can hold for years, here are two of the best to consider. The post 2 of the Best Canadian Midstream Energy Stocks to Buy Now appeared first on The Motley Fool Canada.

  • TFSA Passive Income: 2 Top TSX Stocks for Canadian Retirees

    The market pullback is giving retirees a chance to buy top high-yield dividend stocks at cheap prices for a TFSA focused on passive income. The post TFSA Passive Income: 2 Top TSX Stocks for Canadian Retirees appeared first on The Motley Fool Canada.

  • Lone survivor of 2009 plane crash testifies in Paris court

    PARIS (AP) — The lone survivor of a 2009 plane crash in the Indian Ocean took the stand Monday in a Paris courtroom, recounting her ordeal as a 12-year-old girl hearing screams, clinging to floating debris and desperately hoping that her mother was still alive. Bahia Bakari's mother was among 152 people who died on the flight operated by Yemen Airways, which is now known as Yemenia. Composed throughout her testimony, Bakari cried as she mourned her mother's loss. Others in the courtroom broke do

  • Galaxy Digital to Participate in a Series of Investor Conferences in June

    Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced its investor conference participation schedule for June. Mike Novogratz, Founder & CEO, will be speaking broadly to the latest trends emerging within, and shaping the maturation of, the digital assets sector at the following events.

  • JPMorgan rallies 6% on interest outlook, despite cost questions

    (Reuters) -JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target at its investor conference on Monday, sending its stock 6% higher despite persistent questions about how much more it will spend on its businesses. The country's largest lender said it expects net interest income (NII), excluding markets, of $56 billion in 2022. Investors are keeping a close eye on the prospects for banks to earn more from net interest income, the difference between income from loans and interest paid on deposits and other funds, as they benefit from higher interest rates.

  • How to Turn a $50 TFSA Into $10,000

    Start saving and investing regularly in your TFSA to grow your savings more quickly to $10,000 and beyond! The post How to Turn a $50 TFSA Into $10,000 appeared first on The Motley Fool Canada.

  • Proxy advisor urges Exxon shareholders to oust Woods as chairman

    HOUSTON (Reuters) -British proxy adviser PIRC on Monday urged Exxon Mobil Corp shareholders to vote against the re-election of five directors, including Chairman Darren Woods, at an annual general meeting on Wednesday. PIRC, or Pensions & Investment Research Consultants, is the latest proxy firm to urge investors to oppose proposals by the oil major's board. PIRC said Woods, which also serves as chief executive officer, should be held accountable as chairman for assuring the company's strategy to meet Paris-aligned goals to reduce carbon emissions.

  • U.S. business borrowing for equipment rises 7% in April- ELFA

    The companies signed up for $10.5 billion in new loans, leases and lines of credit, compared with $9.3 billion a year earlier. "Soaring energy prices and inflation are headwinds confronting the industry as we move into the summer months," said Ralph Petta, ELFA's chief executive officer, in a statement. ELFA, which reports economic activity for the nearly $1-trillion equipment finance sector, said credit approvals totaled 77.4%, down from 78.3% in March.

  • General Atlantic plans $2 billion investment in India, Southeast Asia

    DAVOS, Switzerland (Reuters) -Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region's startups more attractive, a senior executive told Reuters. General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview.

  • Powell sworn in to second four-year term as U.S. Fed chief

    Also sworn in on Monday were Lael Brainard as the Fed's new vice chair, and the two newest members of the Fed's Board of Governors, Philip Jefferson and Lisa Cook, who are both Black economists, the Fed said in a statement. Powell was nominated for his first term as Fed chief by former President Donald Trump, then was chosen by President Joe Biden last November to serve another four years.

  • Panoro Minerals Announces Appointment of Michael Malana as Chief Financial Officer

    Panoro Minerals Ltd. ("Panoro" or the "Company") (TSXV: PML) (Lima: PML) (Frankfurt: PZM) (OTCQB: POROF) is pleased to announce the appointment of Michael Malana as Chief Financial Officer effective June 1, 2022.

  • Drugmakers propose swift pandemic response benefiting poorer countries

    Global drugmakers are lobbying for wealthy nations to fund a supply mechanism that would secure vaccines for low-income countries without delay in case of a new pandemic, but said the proposal was contingent on free cross-border trade. The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) said in a statement on Monday that global pandemic vaccine distribution needs to be put on a new footing because the world’s poorest countries were forced to wait for shots during the current pandemic. "The industry is willing to reserve an allocation of real-time production for distribution to priority populations in lower income countries, as determined by health authorities during pandemics," said IFPMA director general Thomas Cueni.

  • More turn to UK food banks as food and fuel bills soar

    LONDON (AP) — For many struggling families, older people and the homeless, Michelle Dornelly’s food hub in east London has been a lifeline. Since the COVID-19 pandemic hit Britain, she has been collecting surplus groceries from supermarkets and distributing them to people who can't afford to buy food. While the virus threat has faded, the need for food banks in Britain has soared. Skyrocketing energy and food bills are pushing millions deeper into financial hardship, and food banks and community

  • Bombardier launches latest ultra-long range business jet Global 8000

    The Montreal-based planemaker said the Global 8000 will become the world's fastest business jet with an ultra-long range of 8,000 nautical miles (9,206 miles) and a top speed of Mach 0.94 (721 miles per hour). The plane will enter service in 2025 and compete with high-end models offered by rivals General Dynamics and France's Dassault Aviation - the Gulfstream G700 and Falcon 10X, respectively. Bombardier said the Global 8000 will have a list price of $78 million, slightly higher than the $75 million which its predecessor and the company's flagship Global 7500 lists for.

  • Boohoo agrees final settlement of U.S. class action lawsuit

    LONDON (Reuters) -Boohoo has reached a final settlement over a U.S. class action claim alleging the British online fashion retailer's promotions in California misled shoppers, it said on Tuesday. Boohoo said the settlement is without admission of liability and within its existing legal provisions, which stood at 17.8 million pounds ($22.4 million) as of Feb. 28. The settlement remains subject to review and approval by the United States District Court for the Central District of California.

  • Albanese sworn in as PM in Australia ahead of Tokyo summit

    CANBERRA, Australia (AP) — Australia’s new prime minister was sworn in Monday and flew to Tokyo for a summit with President Joe Biden while vote counting continued to determine whether he will control a majority in a Parliament that is demanding tougher action on climate change. Prime Minister Anthony Albanese’s center-left Labor Party ousted predecessor Scott Morrison ’s conservative coalition at Saturday’s election. The coalition had been in power under three prime ministers for nine years. “I