07:43 AM EDT, 09/05/2024 (MT Newswires) -- There was big news in Canada on Wednesday and the Bank of Canada (BoC) decision too, noted Bank of Montreal (BMO). The left-leaning NDP gave word that it won't continue with its agreement to support the minority Liberal government, opening up the possibility of an early federal parliamentary election, said the bank. The...

07:43 AM EDT, 09/05/2024 (MT Newswires) -- G-III Apparel Group ( GIII ) reported fiscal Q2 non-GAAP net income Thursday of $0.52 per diluted share, up from $0.40 a year earlier. Analysts polled by Capital IQ expected $0.27. Net sales for the quarter ended July 31 were $644.8 million, down from $659.8 million a year earlier. Four analysts surveyed by...

SYDNEY/HONG KONG (Reuters) -Chinese home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, said two sources, in the city's largest deal in more than a year. Midea is listed in Shenzhen and the discount offered to investors to buy its Hong Kong shares has not...

07:50 AM EDT, 09/05/2024 (MT Newswires) -- First Majestic Silver ( AG ) said on Thursday that it will acquire Gatos Silver ( GATO ) for US$970 million. The companies said the transaction would consolidate the Cerro Los Gatos, San Dimas and Santa Elena silver mining operations in Mexico under one company. Following the news, First Majestic's share price fell...