Morning News Call - Canada, June 10

Reuters

Thu, Jun 10, 2021, 7:41 AM2 min read

To access a PDF version of this newsletter, please click here https://share.refinitiv.com/assets/newsletters/Morning_News_Call/MNCGeneric_CA_06102021.pdf You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage ECONOMIC EVENTS No economic indicators are scheduled for release. COMPANIES REPORTING RESULTS June 10: Alithya Group Inc: Expected Q4 loss of 5 Canadian cents per share Enghouse Systems Ltd: Expected Q2 earnings of 45 Canadian cents per share Transat AT Inc: Expected Q2 loss of C$2.77 per share June 11: Roots Corp: Expected Q1 loss of 16 Canadian cents per share CORPORATE EVENTS 0830 ExactEarth Ltd: Q2 earnings conference call 0830 mdf Commerce Inc: Q4 earnings conference call 0900 Alithya Group Inc: Q4 earnings conference call 1000 Americas Gold and Silver Corporation: Annual Shareholders Meeting 1000 Sagen MI Canada Inc: Annual Shareholders Meeting 1000 Stelco Holdings Inc: Annual Shareholders Meeting 1000 Supreme Cannabis Company Inc: Shareholders Meeting 1000 Transat AT Inc: Q2 earnings conference call 1000 UEX Corp: Annual Shareholders Meeting 1030 Viemed Healthcare Inc: Annual Shareholders Meeting 1100 Karora Resources Inc: Annual Shareholders Meeting 1300 Almonty Industries Inc: Annual Shareholders Meeting 1300 Village Farms International Inc: Annual Shareholders Meeting 1330 Entree Resources Ltd: Annual Shareholders Meeting 1400 Sierra Metals Inc: Annual Shareholders Meeting 1630 Alexco Resource Corp: Annual Shareholders Meeting 1630 Lithium Americas Corp: Annual Shareholders Meeting 1700 Copper Mountain Mining Corp: Annual Shareholders Meeting 1700 Nexgen Energy Ltd: Annual Shareholders Meeting 1800 Eldorado Gold Corp: Annual Shareholders Meeting EX-DIVIDENDS Dye & Durham Ltd: Amount C$0.01 For Morning News Call U.S. -- a preview of market-moving news for the trading day: - type US/MNC in a news browser if you are an Eikon user, or type RT/US/MNC in a news browser if you are a Thomson One user For The Day Ahead -- a recap of the day's events and preview of the next trading day: - type DAY/US in a news browser if you are an Eikon user or type RT/DAY/US in a news browser if you are a Thomson One user For an index of our newsletters click on

$433 Billion Gone! One Stock Loses More Value Than Tesla
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Investor's Business Daily•1d ago
Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Fortune•1d ago
The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade
This growth ETF has nicely outperformed the S&P 500 since its inception.
Motley Fool•2h ago
Billionaire Bill Ackman Has His Sights on Only 1 "Magnificent Seven" Stock, and It's Not Nvidia
You'll only find seven different stocks in this billionaire's portfolio, and only one of them is a "big tech" company.
Motley Fool•3h ago
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American Airlines and Southwest Airlines both lost money in the first quarter, and Southwest said Thursday that it will limit hiring and close operations at four airports. Airlines are dealing with higher labor costs and delays in getting new planes from Boeing, which is limiting their ability to add more flights at a time of high demand for travel. American said it lost $312 million as labor costs rose 18%, or nearly $600 million.
Associated Press Finance•1h ago
China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses
With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of
Benzinga•16h ago
One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock
One of Capitol Hill's most-active stock traders is sending a company with well-defined competitive advantages -- that also happens to be on the verge of its first-ever stock split -- to the chopping block.
Motley Fool•4h ago
Bitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.
Bitcoin block subsidies were recently reduced by half for the fourth time in history, and halving events have always led to significant price appreciation.
Motley Fool•3h ago
3 Absurdly Cheap Stocks to Buy and Hold for Years
These stocks all deserve to be trading at far higher prices, and it may not be too long before they start to rally.
Motley Fool•2h ago
History Says the Nasdaq Will Roar Higher This Year. My Top Growth Stock to Buy Before It Does.
This stock is reasonably priced, even after explosive gains.
Motley Fool•2h ago

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Morning News Call - Canada, June 10

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$433 Billion Gone! One Stock Loses More Value Than Tesla

Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000

The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade

Billionaire Bill Ackman Has His Sights on Only 1 "Magnificent Seven" Stock, and It's Not Nvidia

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses

One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock

Bitcoin Just Did Something It Has Only Done 3 Times Before. The Cryptocurrency Usually Does This Next.

3 Absurdly Cheap Stocks to Buy and Hold for Years

History Says the Nasdaq Will Roar Higher This Year. My Top Growth Stock to Buy Before It Does.