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Constellation Software Inc. (OTCMKTS:CNSWF – Get Free Report) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 27,100 shares, an increase of 10.6% from the December 31st total of 24,500 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio […]
The Canadian market ended notably lower on Wednesday after the Federal Reserve said it does not expect it will be appropriate to lower rates until it has gained greater confidence that inflation is moving sustainably toward 2%.
The Canadian market is down marginally in late morning trades on Wednesday with investors digesting the preliminary reading on Canadian GDP for the month of December, and looking ahead to the Federal Reserve's monetary policy announcement due later in the day.
The Canadian market shrugged off an early setback and moved higher in cautious trade to scale a new 52-week intraday and closing high. Technology, real estate and consumer discretionary stocks were among the prominent gainers.
In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish.