Sunil Sahil
President of the Atlanta Federal Reserve Bank Raphael Bostic stated on Tuesday that even though the Fed has raised interest rates thus far, which have slowed the economy and reduced inflation, the U.S. central bank does not need to raise borrowing costs any more and does not anticipate a recession. To cheers from the American … Read more
The Federal Reserve’s dovish remarks continued to weigh on the dollar on Wednesday, as traders anticipated the central bank’s policy meeting minutes, which were scheduled for later in the day, in hopes of learning more about its forecast for interest rates. In recent days, a number of Fed officials have hinted that the US central … Read more
is happy to announce that, on a bought deal basis, it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets as the sole bookrunner, under which the underwriters have agreed to purchase 10,205,000 common shares (the “Common Shares”) at a price of U.S. $2.94 (the current approximate equivalent of … Read more
Tuesday saw a little increase in Wall Street stocks as investors continued to exercise caution as the Middle East war intensified, despite mounting optimism that the Federal Reserve would soon stop raising interest rates. Approximately 0.4% of the Dow Jones Industrial Average (\DJI) and 0.5% of the S&P 500 (\GSPC) had closing gains. The tech-heavy … Read more
It is simple to ignore Ashland (NYSE:ASH), given that its stock price has down 8.6% during the last three months. The long-term financial performance of a corporation, which in this case appear to be respectable, is typically what determines stock prices. In this essay, we chose to focus specifically on Ashland’s ROE. Return on equity, … Read more
