As food prices continue to break records, the year has been particularly profitable for Metro management. The company’s top five executives shared $15.5 million in 2023, a compensation increase of more than 20% from the previous year. • Also read: Food spending: Canadians ready to make sacrifices in 2024 • Also read: The inflation rate … [Read more…]
Regardless of our income, we all have the concrete impression that we have become poorer in recent years due to runaway inflation. I remind you that inflation in Quebec increased by 3.8% in 2021, 6.7% in 2022 and about 4.0% in 2023. Warning: As Captain Bonhomme said, skeptics will be confused. But have Quebec households … [Read more…]
There is a real race against time in Quebec to fill 14,000 paid jobs in the mining sector by 2028. “We have to eat crusts. We have work to do. It will depend on the shops opening.” • Also read: Strong criticism of our shift towards the electric battery sector The coordinator of the National … [Read more…]
The holiday season is a time for family gatherings where discussions focus on a range of topics including memories, current concerns and upcoming projects. During one of these conversations, it is not uncommon to hear: “What if we invested together?” Great project! Unfortunately, such relationships sometimes end in endless arguments and even the breakup of … [Read more…]
Image courtesy of Costco Wholesale One of the largest retailers just shared some great news. A special dividend of $15 will be paid to shareholders. This is certainly a welcome turn for Costco wholesale (NASDAQ: COST) investors, which equates to a dividend yield of approximately 2% at the current share price. But what should investors … [Read more…]
As Portal reported, a Tesla owner received a $14,000 repair bill for a first-day problem with his Model Y. He said the Model Y’s suspension broke when it only had 115 miles on the clock. Portal found that Tesla faced thousands of complaints about suspension and steering problems. Shreyansh Jain, a former Tesla owner, was … [Read more…]
(Bloomberg) — The dollar slipped and U.S. stocks were expected to recover from Wednesday’s decline as attention returned to possible interest rate cuts by the Federal Reserve and other central banks. Most read by Bloomberg While Europe’s Stoxx 600 index fell, following Wall Street’s weak close, futures for the S&P 500 and Nasdaq 100 rose … [Read more…]
(Bloomberg) — This year’s hottest derivatives trade, and perhaps the most controversial, drew attention one last time for 2023 as market watchers called zero-day options the villains behind Wednesday’s plunge in U.S. stocks that hit the Rally ended. Most read by Bloomberg With the S&P 500 index in overbought territory and turnover limited by looming … [Read more…]
The oil market remains relatively cool as Houthi ballistic missiles and drones fly over the Red Sea, confusing some experts who had expected a larger rise in energy prices. According to the US, Yemen’s Houthis have launched more than 100 drone and missile attacks on 10 merchant ships in the Red Sea. Attacks have intensified … [Read more…]
Total sales: $175 million, with growth in both the IoT and cybersecurity segments. Non-GAAP earnings per share: $0.01, exceeds expectations. Gross margin: Increased to 73%, reflecting improved profitability. Cybersecurity revenue: $114 million, representing a significant sequential and annual increase. IoT revenue: $55 million, showing continued momentum in the automotive sector. Financial situation: Total cash, cash … [Read more…]