CANADA STOCKS-TSX gains as energy, materials stocks rise [Reuters]
Suncor Energy Inc. (SU)
Last suncor energy inc. earnings: 2/5 07:15 pm
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Source: Reuters
CANADA STOCKS-TSX gains as energy, materials stocks rise | Reuters Reuters Staff 3 Min Read May 2 (Reuters) - Canada’s main index rose on Wednesday, with gains in Suncor Energy shares boosting the energy sector and higher gold prices supporting materials stocks. * At 9:50 a.m. ET (1350 GMT), the Toronto Stock Exchange’s S&P/TSX Composite Index rose 30.81 points, or 0.2 percent, to 15,649.74. * Also helping the main index was a 4.3 percent rise in software company CGI Group, which reported second-quarter revenue above estimates. * Shares of Suncor Energy gained 0.8 percent, after the second-largest Canadian energy producer posted a quarterly profit that beat analysts’ expectations. * The materials group rose 0.7 percent as gold prices steadied due to a pause in the dollar’s rise. * Also helping the sentiment was Bank of Canada Governor Stephen Poloz saying the outlook for the domestic economy is good despite the overhang of high household debt. * Seven of the 10 main index sectors were
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SU
News
- Canada unions brace for 2025 labor crunch in oil sands maintenance season [Reuters]Reuters
- Suncor Energy Inc. (NYSE: SU) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Higher oil doesn't shake industry talk on spending discipline at CAPP conference [BNN Bloomberg (Canada)]BNN Bloomberg
- Higher oil doesn't shake industry talk on spending discipline at CAPP conference [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Tuesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
SU
Earnings
- 2/21/24 - Beat
SU
Sec Filings
- 3/27/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/22/24 - Form 40-F
- SU's page on the SEC website