Financial markets will “take off” once investors are confident the Federal Reserve has completed raising interest rates, outgoing Morgan Stanley CEO James Gorman predicted, offering an optimistic outlook for his successor. In a wide-ranging interview with the Financial Times a few days before handing over the CEO job to Morgan Stanley co-president Ted Pick, Gorman … [Read more…]
After more than 30 years in Saint-Hyacinthe, the Olymel company announced on Wednesday the regrouping of all its administrative and sales activities in Boucherville, where it will establish its headquarters in the coming months. • Also read: Last difficult day for Olymel employees • Also read: Closing of Olymel in Princeville: “Complete surprise” for employees … [Read more…]
Check out the companies making headlines in midday trading. Groupon – Shares plunged 39.5%, a day after the online marketplace company reported third-quarter revenue and global gross billings that fell short of expectations. In addition, the company approved a fully underwritten rights offering to shareholders of $80 million. Wynn Resorts – The resort and casino … [Read more…]