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TSX Ends Slightly Down; Technology Stocks Lose Ground

The Canadian market ended flat on Tuesday after stocks turned in a mixed performance as investors awaited the Canadian central bank\'s monetary policy announcement. Technology and communications stocks fell, while energy stocks found support despite weak crude oil prices. The benchmark S&P/TSX Composite Index, which opened slightly down but climbed to 21,622.99 subsequently, dropped to...

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Dollar Loses Ground On Weak Economic Data

The U.S. dollar struggled to find support on Tuesday as weaker than expected economic data, including a reading on the nation\'s services sector activity, raised the possibility of a rate cut in June. Traders also looked ahead to Federal Reserve Chair Jerome Powell\'s testimony before the House Financial Services Committee on Wednesday and the Senate...

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Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q4 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to rise 0.3 percent on quarter and 1.5 percent on year after adding 0.2 percent on quarter and 2.1 percent on year n the previous three months. Australia also will see January numbers...

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Australia GDP Improves 0.2% On Quarter In Q4

Australia\'s gross domestic product expanded a seasonally adjusted 0.2% on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations and unchanged from the three months prior. On an annualized basis, GDP advanced 1.5 percent - exceeding expectations for 1.4 percent but slowing from...

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NAPCO sets price for 2 million share secondary offering

AMITYVILLE, N.Y. - NAPCO Security Technologies, Inc. (NASDAQ: NSSC), a company specialized in electronic security devices and school safety solutions, announced the pricing of its secondary public offering of 2 million shares at $40.75 each. The shares are being offered by Richard L. Soloway, the company\'s Chairman and CEO. The transaction also includes an option...

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