The right outcome for Income? Not a merger with Allianz
TORONTO - Broad-based gains led Canada’s main stock index to close higher in the shortened Christmas Eve trading session, while U.S. stock markets also rose. The S&P/TSX composite index ended up 97.84 points at 24,846.82, as most sectors rose other than telecoms and health care. In New York, the Dow Jones industrial average was up 390.08 points at 43,297.03. The S&P 500 index was up 65.97 points at 6,040.04, while the Nasdaq composite was up 266.24 points at 20,031.13. The gains added to increases in recent days to help offset the drop in markets last week after the U.S. Federal Reserve released its latest outlook. The climb however was more likely related to year-end balancing than any change in sentiment, said Dustin Reid, chief fixed income strategist at Mackenzie Investments. “I think it’s mostly just year-end flows that are driving it. I don’t think there’s anything that’s particularly reversed in terms of sentiments since the Fed meeting,” said Reid. There’s reallocation by geography, moving asset classes and other adjustments to align portfolios that is likely affecting markets, he said. “I find that price action around month end, quarter end, and year-end, you shouldn’t try and ascribe a ton of fundamental cause as to why things are moving, because there’s a lot of flows happening below the surface that are probably driving the price action that are not necessarily fundamentally based.” The U.S. Fed guided for only two rate cuts in 2025 at its Dec. 18 meeting, which pushed down markets for the day. But Reid said the guidance was largely in line with expectations, and the strong U.S. economy has likely since helped boost markets. The Canadian market, meanwhile, might be benefiting a little from the expectations of even more rate cuts needed here than expected as the economy is showing softness. On Monday, Statistics Canada said its early estimate for November suggests real GDP for the month edged 0.1 per cent lower for the first drop this year. “The negative flash print for November really suggests that the bank is going to have a fair bit more work to do,” said Reid. “I think that the market is not pricing in enough easing for calendar ‘25 for the Bank of Canada.” There was no economic data releases Tuesday to sway markets, he said. The Canadian dollar traded for 69.51 cents US compared with 69.47 cents US on Monday. The February crude oil contract was up 86 cents at US$70.10 per barrel and the February natural gas contract was up 16 cents at US$3.50 per mmBTU. The February gold contract ended up US$7.30 at US$2,635.50 an ounce and the March copper contract was up two cents at US$4.11 a pound. This report by The Canadian Press was first published Dec. 24, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)( MENAFN - GlobeNewsWire - Nasdaq) Discover hidden connections between stocks, cryptocurrencies, and global events-VAIX now available on ProBit Exchange. SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Vectorspace AI X (VAIX) , a trailblazer in AI-driven datasets and graph-based models, is proud to announce its innovative technology that uncovers hidden relationships between stocks, cryptocurrencies, and global events. VAIX empowers investors and researchers with actionable insights, enabling more informed decisions in today's fast-paced financial markets. To access the full potential of VAIX, users can now trade the token on ProBit Exchange , a global platform catering to millions of cryptocurrency enthusiasts. Here's a step-by-step guide to get started with VAIX and unlock its potential for smarter investments. 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Through its utility token, SBIO , VSB facilitates collaborations across its subsidiaries, driving innovation for the benefit of all mankind. For more information about Vectorspace AI X (VAIX) and its parent company, visit: Vectorspace Biosciences Technology Join the conversation on Telegram: Vectorspace AI X Telegram Group About Vectorspace AI X (VAIX) Vectorspace AI X specializes in AI-driven datasets and graph-based models that unveil hidden connections in financial markets and beyond. With its cutting-edge tools, VAIX is empowering investors, researchers, and organizations to navigate complex data landscapes with confidence and precision. For further details about VAIX, please visit: Vectorspace AI X . Contact: Scott Brady ...nce Disclaimer: This content is provided by Vectorspace. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk. Photos accompanying this announcement are available at: MENAFN24122024004107003653ID1109028416 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Kyle Moody Elected as Board Member of TRIAD Real Estate Investors Association
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The first person to ever perform for ChildAid was Nathan Hartono. In 2005, Hartono was 14 years old and dreaming of becoming a jazz singer. Eager to perform on just about any legitimate platform that would have him, he agreed to sing at a small inaugural charity concert organised by The Straits Times to raise funds for socially disadvantaged children. He sang Pure Imagination, a song from a children’s movie about how the power of creativity can transform reality into something extraordinary. Little did he – or anyone else involved in the concert – realise how very apt that choice of song was. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to youThomas uses big drives and putts to hold lead in Bahamas
BILLERICA, Mass.--(BUSINESS WIRE)--Nov 22, 2024-- Quanterix Corporation (NASDAQ: QTRX) today announced that it received a notice (the “Notice”) on November 21, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “Form 10-Q"), it is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company’s common stock on Nasdaq. Under Nasdaq rules, the Company has 60 calendar days from receipt of the Notice, or until January 20, 2025, to submit a plan to regain compliance with the Rule. On November 12, 2024, the Company previously announced that it would be delayed in filing the Form 10-Q due to the need to restate the Company’s audited consolidated financial statements as of December 31, 2023 and 2022 and for each of the three years in the period ended December 31, 2023, and its unaudited consolidated financial statements for the quarterly and year-to-date (as applicable) periods ended March 31, 2022, June 30, 2022, September 30, 2022, March 31, 2023, June 30, 2023, September 30, 2023, March 31, 2024 and June 30, 2024. The Notice from Nasdaq is standard practice in the event of a delayed periodic financial report filing and was anticipated. The Company is continuing to work expeditiously to complete the filing of the Form 10-Q and remains on track to complete the restatement and all required filings by the end of 2024. This announcement is made in compliance with Nasdaq Listing Rule 5250(b)(2). About Quanterix From discovery to diagnostics, Quanterix’s ultrasensitive biomarker detection is fueling breakthroughs only made possible through its unparalleled sensitivity and flexibility. The Company’s Simoa ® technology has delivered the gold standard for earlier biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Level of Quantification (LoQ). Its industry-leading precision instruments, digital immunoassay technology and CLIA-certified Accelerator laboratory have supported research that advances disease understanding and management in neurology, oncology, immunology, cardiology and infectious disease. Quanterix has been a trusted partner of the scientific community for nearly two decades, powering research published in more than 3,100 peer-reviewed journals. Find additional information about the Billerica, Massachusetts-based company at https://www.quanterix.com or follow us on Twitter and LinkedIn . Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Forward-looking statements in this press release are based on Quanterix’s expectations and assumptions as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Factors that may cause Quanterix’s actual results to differ from those expressed or implied in the forward-looking statements in this press release include, but are not limited to, that the Company may have underestimated the scope and impact of the restatement of certain of its financial statement and the risk that the Company’s restated financial statements may take longer to complete than expected, as well as those described in our periodic reports filed with the U.S. Securities and Exchange Commission, including the “Risk Factors” sections contained therein. Except as required by law, Quanterix assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available. View source version on businesswire.com : https://www.businesswire.com/news/home/20241122959546/en/ CONTACT: Media: media@quanterix.comInvestor Relations: Amy Achorn (978) 488-1854 ir@quanterix.com KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BIOTECHNOLOGY HEALTH TECHNOLOGY HEALTH MEDICAL DEVICES SOURCE: Quanterix Corporation Copyright Business Wire 2024. PUB: 11/22/2024 05:00 PM/DISC: 11/22/2024 05:02 PM http://www.businesswire.com/news/home/20241122959546/enOnyiah 5-13 3-4 13, Suarez 4-12 3-4 14, Krimili 4-14 5-6 15, Twidale 8-13 1-2 20, Williams 0-1 3-4 3, Ackerman 0-2 1-2 1, Abigor 2-3 0-2 4, Donez 1-1 0-0 2, Maul 0-0 0-0 0, Totals 24-59 16-24 72 Tate 2-4 0-0 5, VanSlooten 3-12 7-14 13, Ayrault 7-20 6-8 22, Hallock 5-15 3-4 15, Shumate 1-4 0-0 3, Sotelo 1-1 1-2 3, Blair 0-0 0-0 0, Hampton 4-4 0-0 10, Kimball 0-1 0-0 0, Simmons 2-9 3-5 7, Totals 25-70 20-33 78 3-Point Goals_California 8-22 (Suarez 3-7, Krimili 2-7, Twidale 3-8), Michigan St. 8-20 (Tate 1-2, Ayrault 2-6, Hallock 2-4, Shumate 1-4, Hampton 2-2, Kimball 0-1, Simmons 0-1). Assists_California 14 (Krimili 5), Michigan St. 13 (Simmons 3). Fouled Out_California Onyiah, Suarez, Michigan St. Tate. Rebounds_California 46 (Suarez 11), Michigan St. 42 (Ayrault 9). Total Fouls_California 24, Michigan St. 18. Technical Fouls_California Krimili 1, Michigan St. Tate 1, Team 1. 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NASSAU, Bahamas — Justin Thomas was long off the tee and made a few long putts on the back nine to overtake Scottie Scheffler with a 6-under 66 and build a one-shot lead Saturday over golf's best player going into the final round of the Hero World Challenge. Thomas is trying out a 46-inch driver — a little more than an inch longer than normal — that he previously used for practice at home to gain speed and length. He blasted a 361-yard drive to 8 feet on the par-4 seventh hole and led the field in driving distance. But it was a few long putts that put him ahead of Scheffler, who had a 69. Thomas was on the verge of falling two shots behind when he made an 18-foot par putt on the par-3 12th hole. On the reachable par-4 14th, he was in a nasty spot in a sandy area and could only splash it out to nearly 50 feet. He made that one for a most unlikely birdie, while behind him Scheffler muffed a chip on the 13th hole and made his lone bogey of a windy day. People are also reading... Scheffler never caught up to him, missing birdie chances on the reachable 14th and the par-5 15th. Thomas hit his approach to 3 feet for birdie on the 16th after a 343-yard drive. Scheffler made an 18-foot birdie putt on the 16th to close within one. Scheffler missed birdie chances on the last two holes from the 10-foot and 15-foot range, while Thomas missed an 8-foot birdie attempt at the last. "I had a stretch at 13, 14, 15 where I felt like I lost a shot or two there, but outside of that I did a lot of really good things today," Scheffler said. Thomas hasn't won since the 2022 PGA Championship at Southern Hills, and a victory at Albany Golf Club wouldn't count as an official win. But the two-time major champion has made steady progress toward getting his game back in order. "I'm driving it great. I've had a lot of confidence with it," Thomas said of his longer driver. "I feel like I've been able to put myself in some pretty good spots going into the green. I'm still not taking advantage of some of them as much as I would like, but that's golf and we're always going to say that." Thomas was at 17-under 199 and will be in the final group Sunday with Scheffler, who is trying to end his spectacular season with a ninth title. Tom Kim put himself in the mix, which he might not have imagined Thursday when he was 3 over through six holes of the holiday tournament. Kim got back in the game with a 65 on Friday, and then followed with 12 birdies for a 62. He had a shot at the course record — Rickie Fowler shot 61 in the final round when he won at Albany in 2017 — until Kim found a bunker and took two shots to reach the green in making a double bogey on the par-3 17th. Even so, he was only two shots behind. Ryder Cup captain Keegan Bradley (68) was four back. "Feel like I've been seeing signs of improvement, which is what you want and that's all I can do," Thomas said. "I can't control everybody else or what's going on, I've just got to keep playing as good as I possibly can and hope that it's enough come Sunday." Be the first to know
Canadian dollar up as stock markets rally ahead Christmas