Stocks to Watch: SAP (NYSE:SAP) Shares Down 1.2%

SAP SE (NYSE:SAP)’s share price fell 1.2% during mid-day trading on Friday after Barclays lowered their price target on the stock from $143.00 to $140.00. Barclays currently has an overweight rating on the stock. SAP traded as low as $125.61 and last traded at $125.88, 49,832 shares changed hands during mid-day trading. A decline of […]

When you can’t escape the heat, you’re in a ‘heat dome’

As global temperatures rise, heat waves and ‘heat domes’ will be hotter and longer During a heat wave, it can feel like being trapped by rising temperatures on all sides — and that’s basically what’s happening to the air in an event that has become known as a “heat dome.” The term is used to […]

200 jobs on the chopping block at Ford’s Oakville plant, starting in September

Province says it’s ‘disappointed’ with decision; union says further layoffs possible in January 2020 Ford Motor Company’s Oakville plant is set to shed about 200 jobs beginning in September, the company says. In a statement, the company says the changes are the result of a “long-standing practice of matching production with consumer demand.” “We are […]

Sharing almost $5.3M, these are B.C.’s highest-paid public executives

Powerex, UBC and BC Hydro bosses lead top-tier earners for 2018-2019 The B.C. government has released its annual list of the province’s highest paid public-sector employees, with executives from Powerex, UBC and BC Hydro holding the top three spots. The Ministry of Finance said it discloses executive compensation to give the public “a clear, concise […]

After wave of cuts, worst is over, says major B.C. forest company

Cuts continue in B.C., but will slow at West Fraser Timber Co. Ltd. Mill cutbacks in British Columbia are still happening, but West Fraser Timber Co. Ltd.. said Friday that the worst of the pullback is behind it. The company, like many in B.C.’s lumber industry, has cut back and closed mills in recent months […]

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