The Daily Chase: Oil extends rally; BCE boosts dividend and spending plans VIDEO SIGN OUT
West Texas Intermediate is inching ever closer to US$60 per barrel as oil extends a rally thatâs seen the price nearly double since late April. OPEC+ injected some additional optimism into the market yesterday, with its claim of 101 per cent compliance with production quotas. Weâll continue gathering market intel on crudeâs rally juxtaposed against the still-daunting threat of COVID-19 and the gradual transition to renewable energy.
SUNCOR NAVIGATES COVID IMPACT
Lots to sift through at Suncor Energy: it swung to a fourth-quarter operating loss and funds from operations were halved amid pandemic fallout. Both metrics, however, improved sequentially. And there are several notable one-time items: in addition to the previously-announced impairment on West White Rose, Suncor booked a $142-million provision tied to Keystone XL. And, subsequent to quarter-end, Suncor says i
On Tuesday, the
Amazon.com (NASDAQ:AMZN) founder and CEO Jeff Bezos announced that he will be stepping down as the company’s CEO later this year. But he’s not yet retiring from work. Bezos will continue to serve Amazon as its executive chair of the Amazon board. In January, he slipped to the world’s second-richest-person spot.
Tesla CEO Elon Musk raced ahead of him to become the world’s richest person last month.
Is Jeff Bezos retiring from Amazon?
In 2018, Bezos became the world’s first centibillionaire a person with over US$100 billion of wealth. Before founding Amazon in July 1994 with the name Cadabra Inc., Bezos remained unknown to the world. A few years later, his consistent efforts for Amazon’s expansion made his online venture a full-fledged e-commerce portal.
Home / Top News / Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2021
Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2021
HOUSTON, Feb. 01, 2021 (GLOBE NEWSWIRE) Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2021.
As of January 31, 2021, the Fund’s net assets were $366 million and its net asset value per share was $7.74. As of January 31, 2021, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 469% and the Fund’s asset coverage rat
Expected returns for income stocks in the S&P/TSX composite index theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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After starting the year off with a strong first week in 2021, Canadian stocks began running out of steam in the last week of January.
Investors are continuing to see high-growth tech stocks drive both the Canadian and U.S. stock markets. Growth investors are enjoying the gains, but they need to be wary of the stretched valuations.
The recent cool-off in the market could be the start of a larger much-needed pull back. If we do see a market correction within the month, I’ll be looking to add to some of my top growth positions if they go on sale. But in the meantime, I’ve got my eye on two more reasonably priced companies.