Carney Energy Chief Seeks Indigenous Equity in Major Projects
'If we are serious about retooling our economy, then economic reconciliation must be front and center,' said Energy Minister Tim Hodgson in prepared remarks to the Toronto Regional Board of Trade.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Elevance Health Insiders Sold US$6.9m Of Shares Suggesting Hesitancy
Over the past year, many Elevance Health, Inc. (NYSE:ELV) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, if numerous insiders are selling, shareholders should investigate more. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In the last twelve months, the biggest single sale by an insider was when the Executive VP & President of Commercial Health Benefits, Charles Kendrick, sold US$3.2m worth of shares at a price of US$432 per share. That means that an insider was selling shares at around the current price of US$396. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Elevance Health insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for Elevance Health If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar). Over the last three months, we've seen significant insider selling at Elevance Health. Specifically, Executive VP & CFO Mark Kaye ditched US$1.9m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain. For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Elevance Health insiders own 0.1% of the company, currently worth about US$103m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. An insider hasn't bought Elevance Health stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Elevance Health. But note: Elevance Health may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
23 minutes ago
- Yahoo
Graco Inc. Announces Second Quarter 2025 Earnings Conference Call
MINNEAPOLIS, July 02, 2025--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Second Quarter 2025 earnings after the New York Stock Exchange closes on Wednesday, July 23, 2025. A full-text copy of the earnings announcement will be available on the company's website at Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the results at 11 a.m. EDT / 10 a.m. CDT on Thursday, July 24, 2025. A real-time listen-only webcast of the conference call will be broadcast on the company's website and by going here: Listeners should register on the website at least 15 minutes prior to the live conference call. For those unable to listen to the live event, a replay of the webcast will be available on the company's website at ABOUT GRACO Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at View source version on Contacts FOR FURTHER INFORMATION: Investors: David M. Lowe, 612-623-6456Media: Meredith A. Sobieck, 612-623-6427Meredith_A_Sobieck@ Sign in to access your portfolio
Yahoo
44 minutes ago
- Yahoo
Amazon Prime Day change has this analyst making a bold sales prediction
Amazon is doubling down on Prime Day. The retail giant's marquee shopping event kicks off July 8 and will run for 96 hours, twice as long as last year's. The move has Bank of America making a bold sales call: Amazon could rake in more than $21 billion in gross merchandise volume (GMV). "Extending the savings window suggests that Amazon has greater retail logistics capacity to offer promotions, and that inventory availability is not a constraint," Bank of America analysts wrote in a research note. If that prediction pans out, it would mark a nearly 60% jump from last year's Prime Day performance and represent more than 10% of Amazon's projected third quarter GMV. The firm expects sales from Amazon's own inventory, known as first-party, or 1P, to rise 55% year over year to $11.5 billion, while third-party sales, or 3P, could grow 67% to $10 billion. Amazon's stock is flat on the year, lagging the S&P 500's 6% gain. Bank of America has a price target of $248 on the stock, about a 13% upside from current levels. BoA analysts suggest the longer shopping event reflects improvements in Amazon's robotics, AI, and inventory placement efforts. The company has been growing its suite of AI-powered shopping tools, including Alexa+ savings trackers, personalized deal notifications, and virtual assistant Rufus. Despite the positive tone around Prime Day, founder Jeff Bezos raised some eyebrows this week after offloading $737 million worth of stock, according to new SEC filings. That brings his total 2025 share sales to over $8.5 billion. While sizable, Bezos's selling hasn't shaken analysts' faith in the shock. Amazon's advertising and AWS businesses remain key growth drivers, and analysts broadly view Prime Day as a vehicle for attracting new Prime subscribers, boosting ad revenue, and strengthening Amazon's brand competition from Walmart, Target, and Best Buy. Still, there are potential downsides. A longer Prime Day could pressure third quarter margins, particularly if shoppers flock to lower-margin categories or if steep promotions bite into profitability. Tariff concerns also remain a wild card, particularly for consumer electronics and imported goods. Beyond retail, Prime Day is also expected to boost Amazon's advertising business as the company pushes more ad inventory through Prime Video and recently expanded its video ad offerings. Looking ahead, investors will be watching how effectively Amazon translates Prime Day buzz into long-term engagement. Separately, Amazon is investing $4 billion through 2026 to enhance rural delivery services as it looks to reach 4,000 US locations.
