AC - Associated Capital Group, Inc.

Air Canada removes 737 Max planes from its schedule until Feb. 14

Air Canada said Wednesday it has removed Boeing Co.'s 737 Max aircraft from its flight schedules until Feb. 14, 2020. The air carrier had previously said the planes, which have been grounded by regulators since March for safety concerns, following two deadly crashes, would be grounded until at least January. "We are taking this prudent step as a result of the ongoing regulatory uncertainty about the timing of the aircraft returning to service," said Chief Commercial Officer Lucie Guillemette. "The extension will give us scheduling predictability through the implementation of the first phase of our new reservation system and the required stability as we prepare the second phase of the system roll-out, introducing it into the airport environment." Last week, American Airlines Group Inc. said the 737 Max planes would remain out of service until mid-January, while United Airlines Holdings Inc. has previously said it the planes were on its schedule from December. Air Canada's stock shed 0.7% in afternoon trading, while Boeing's stock rose 0.3%, the NYSE Arca Airline Index inched up less than 0.1% and the Dow Jones Industrial Average has slipped 15 points, or 0.1%.

CANADA STOCKS-TSX propped up by gains in energy shares

CANADA STOCKS-TSX flat as investors focus on G20 summit

Canada's main stock index treaded water on Friday, as investors awaited progress on talks between the United States and China on the sidelines of a G20 meeting to resolve their protracted trade dispute. * U.S. President Donald Trump said on Friday he hoped for productive talks with Chinese President Xi Jinping on a trade war that has cast a shadow on global growth, but said he had not made any promises about a reprieve from escalating tariffs. * The uncertainty over trade has affected sentiment this week, and has set Canada's main index on pace to post its first weekly loss this month.

PRESS DIGEST- British Business - June 25

CANADA STOCKS-TSX edges higher as financial shares rise

June 17 (Reuters) - Canada's main stock index edged higher on Monday, as shares of financial companies gained ahead of a key U.S. Federal Reserve policy meeting that could determine the path of future interest rate cuts. * The U.S. central bank is expected to leave borrowing costs unchanged at the end of the meeting, but analysts expect data to show that a growing number of policymakers are open to cutting rates in the coming months. * Interest-rate sensitive financial companies rose 0.5%. * At 9:53 a.m. ET (13:53 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 22.2 points, or 0.14%, at 16,324.11. * The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.3%. * Only the energy sector was trading 0.1% lower as U.S. crude prices were down 0.9% a barrel, while Brent crude lost 0.5%. * Healthcare sector, which was up 0.9%, led gains on the main index as shares of cannabis producers rose. Canopy Growth Corp and Aurora Cannabis Inc supported the sector. * On the TSX, 144 issues were higher, while 89 issues declined for a 1.62-to-1 ratio favouring gainers, with 20.94 million shares traded. * The largest percentage gainer on the TSX was Alacer Gold Corp, with an 8% rise, which was followed by a 4.1% gain for Bombardier Inc. * Fortuna Silver Mines fell 3.9%, the most on the TSX, and the second biggest decliner was Uni-Select Inc , down 3.8%. * The most heavily traded shares by volume were Bombardier, Argex Titanium Inc and Royal Nickel. * The TSX posted 15 new 52-week highs and seven new lows. * Across all Canadian issues, there were 56 new 52-week highs and 19 new lows, with total volume touching 37.15 million shares.

CANADA STOCKS-TSX drops as weak gold prices weigh on materials sector

Canada's main stock index edged lower on Monday, as the shares of material companies fell due to a drop in gold prices. * At 9:36 a.m. ET (1336 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was down 13.31 points, or 0.08%, at 16,217.65. * Gold prices retreated from a 14-month peak hit in the previous session after a deal between the United States and Mexico to avert a tariff war led investors to ditch the safe-haven metal for riskier assets.

See what the IHS Markit Score report has to say about Associated Capital Group Inc.

Associated Capital Group Inc NYSE:ACView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for AC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AC are favorable, with net inflows of $597 million. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

CANADA STOCKS-TSX rises as jobless rate hits all-time low

Canada's main stock index edged higher on Friday, after data showed a higher-than-expected addition of jobs in May and a dip in unemployment rate to a record low of 5.4%. * At 9:40 a.m. ET (13:40 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 26.1 points, or 0.16%, at 16,253.9. * According to Statistics Canada, the economy added 27,700 net new jobs in May after a Reuters poll predicted a gain of 8,000 positions from April and a jobless rate of 5.7%.

CANADA STOCKS-TSX edges higher as rising gold prices boost materials

Canada's main stock index ticked higher on Monday, as investors fled to the safety of gold which boosted the materials sector, but worries of a global economic slowdown kept a lid on further gains. * At 10:11 a.m. ET (14:11 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 29.21 points, or 0.18%, at 16,066.7. * The materials sector, which includes precious and base metals miners, gained 1.4% as gold prices rose to their highest in more than two months.

Norway's sovereign fund will no longer own stakes in cannabis firms

The $1 trillion sovereign fund, the world's largest with holdings in more than 9,000 companies, is subject to a range of limitations set by parliament, including a ban on tobacco investments, but not on cannabis. "It was made following a comprehensive assessment, but due to market sensitivity we will not give details," NBIM spokesman Thomas Sevang said. According to Norwegian business daily Dagens Naeringsliv, which first reported the news, NBIM held stakes in at least five cannabis-related firms at the end of 2018, including Canopy Growth, Aphria, Scotts Miracle-Gro, Aurora Cannabis and INSYS Therapeutics.

CANADA STOCKS-TSX lower as weak gold prices hit mining stocks

Precious metal miners led the declines on Canada's main stock index on Tuesday, as gold prices dropped to a more than two-week low. * At 9:37 a.m. ET , the Toronto Stock Exchange's S&P/TSX composite index ...

CANADA STOCKS-TSX dragged lower by U.S.-China trade tensions

Canada's main stock index fell on Friday, as Chinese media took a tough stance on the trade war between the United States and China, reviving fears of a global economic slowdown. * At 9:42 a.m. ET (1342 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was down 36.94 points, or 0.22%, at 16,406.92. * The trade war with the United States will only make China stronger and will never bring the country to its knees, the Communist Party's People's Daily wrote in a front page commentary.

CANADA STOCKS-TSX falls as deepening U.S.-China trade war stokes growth fears

Canada's main stock index fell for the third straight day on Monday, as an escalating trade row between the United States and China had investors worrying about the damage it could cause to global economic growth. * At 9:38 a.m. ET (1338 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 130.59 points, or 0.8%, at 16,166.96. * The latest salvo in the months-long trade spat between the world's two largest economies came with China announcing its plans to set tariffs ranging from 5% to 25% on a revised target list of $60 billion worth of U.S. imports.