Stocks to Watch: Analysts Issue Forecasts for Kennametal Inc.’s Q3 2019 Earnings (KMT)

Kennametal Inc. (NYSE:KMT) – Equities research analysts at Jefferies Financial Group cut their Q3 2019 earnings per share estimates for shares of Kennametal in a report released on Tuesday, February 5th. Jefferies Financial Group analyst S. Volkmann now anticipates that the industrial products company will earn $0.80 per share for the quarter, down from their prior […]

U.S. PhRMA’s fight to prevent lower Canadian drug prices

Drug industry turns up heat against Canada’s drug price reforms Offers of voluntary price freezes, backroom meetings with the powerful U.S. drug lobby, and rising industry rhetoric — those are some of the glimpses that emerged this week into the pharmaceutical industry’s fight against Canada’s plan to lower drug prices. “This show of muscle is […]

U.S. steel tariff ‘boondoggle’ offers more exclusions to China than Canada

40 per cent of Chinese steel imports – and just 2 per cent of Canadian imports – excluded from U.S. tariff If the Trump administration’s tariff policy is meant to target unfair Chinese trade, it sure has a funny way of going about it. So far, the U.S. Department of Commerce has excluded about 40 per […]

U.S. ambassador to Canada calls on China to release Canadians from ‘unlawful’ detention

Arrests of Michael Kovrig and Michael Spavor ‘unacceptable,’ says Kelly Craft The U.S. ambassador to Canada said Saturday her country is “deeply concerned” about China’s “unlawful” detention of two Canadians. Ambassador Kelly Craft said in a statement to The Associated Press the arrests of ex-diplomat Michael Kovrig and entrepreneur Michael Spavor are “unacceptable” and urged […]

Tens of thousands still without power as wind batters B.C.’s South Coast

BC Ferries service has resumed, Environment Canada forecasts snow Tens of thousands of people remain without power after winds battered B.C.’s South Coast on Friday and Saturday. According to BC Hydro, more than 35,000 customers were affected as of Saturday afternoon by outages in the Lower Mainland, on the Sunshine Coast and on Vancouver Island. […]

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