Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Market news: Russia may use new medium-range ballistic missiles to Ukraine.
Yibin Paper: The asset-liability ratio of the acetate fiber company to be acquired is 88.31%. Yibin Paper announced the change, and the company plans to acquire 67% equity of Sichuan Pushi Cellulose Acetate Co., Ltd. held by the related party Yibin Pushi Group Co., Ltd.. As of July 31, 2024, according to the audited financial data, the total liabilities of Acetic Fiber Company were 971,116,800 yuan, and the asset-liability ratio was 88.31%. It is expected that there will be related capital outflows in the future. The transaction has yet to be reviewed and approved by the company's shareholders' meeting and procedures such as handling industrial and commercial change registration, and subsequent implementation is uncertain. Investors are requested to invest rationally and pay attention to risks.Russian President Vladimir Putin: His AI technology is crucial to Russia's sovereignty.If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."
U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.COMEX silver futures rose 1.0% in the day to $33.09 per ounce.The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).
Strategy guide
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13