TSX futures rise ahead of domestic economic data; stocks eye weekly gain [Reuters]
Algonquin Power & Utilities Corp. Common Shares (AQN)
Last algonquin power & utilities corp. common shares earnings: 2/27 07:54 pm
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Source: Reuters
previous session, while investors await for more economic data to gauge the health of the Canadian economy. March futures on the S&P/TSX index were up 0.3% at 6:27 a.m. ET (10:27 GMT). The benchmark index logged record highs on Thursday, helped by gains from heavily weighted financial shares, as investors cheered recent signs that inflation is cooling and the economy is avoiding a recession. Materials stocks, which include Canada's base and precious metal miners, continue to be in focus after prices of most nonferrous metals fell and were on track for a weekly decline, as a stronger dollar made greenback-priced metals more expensive to holders of other currencies. Gold prices also slipped due to a stronger dollar, but were set for a weekly gain as the U.S Federal Reserve's decision to retain its interest rate-cut projection for 2024 bolstered bullion's appeal. In economic data, retail sales for January at 0830 ET will be on investors' radar. Across the border, Wall Street
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- Algonquin Power & Utilities Corp. (NYSE: AQN) had its price target lowered by analysts at Scotiabank from $7.50 to $6.50. They now have a "sector perform" rating on the stock.MarketBeat
- Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of Directors [Yahoo! Finance]Yahoo! Finance
- Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of DirectorsPR Newswire
- Algonquin Power & Utilities Corp. (NYSE: AQN) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Algonquin Power & Utilities Corp. Announces Date for First Quarter 2024 Financial Results and Conference CallPR Newswire