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S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG - Vimarsana News

S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG

With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for 4.7% growth, according to LSEG data on Friday. "A lot of the surprises were in the earnings," rather than in revenues, said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. So far for the fourth quarter of 2023, 63.6% of reports are beating analyst revenue expectations, compared with an average of 66% over the past four reporting periods, based on LSEG data.

Source: yahoo.com
Canada's housing bulls risk upending Macklem's inflation battle plans - Vimarsana News

Canada's housing bulls risk upending Macklem's inflation battle plans

After a year-long slump, Canada's housing market is showing early signs of recovery, and realtors say pent-up demand, chronic shortage of homes, a spike in rents and hopes of an interest rate cut...

Exclusive-Shale producer Devon Energy in bid to acquire Enerplus -sources - Vimarsana News

Exclusive-Shale producer Devon Energy in bid to acquire Enerplus -sources

-U.S. oil and gas producer Devon Energy has approached Enerplus, a peer with a market value of C$4 billion , with an acquisition offer, people familiar with the matter said on Thursday....

Canada Nickel plans to raise $1 billion for nickel-processing plant - Vimarsana News

Canada Nickel plans to raise $1 billion for nickel-processing plant

Canada Nickel Co on Thursday said it is looking to raise $1 billion to build a nickel-processing plant, as it seeks to position itself as an alternative supplier of the metal used in car and...

Trump's media deal partner nears $50 million financing -sources - Vimarsana News

Trump's media deal partner nears $50 million financing -sources

Digital World Acquisition Corp , the blank-check acquisition company that has agreed to take former U.S. President Donald Trump's social media platform public, is nearing a $50 million financing deal,...