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TSX falls to 2-month low as financials, resource stocks slide

CANADA STOCKS-TSX falls to 2-month low as financials, resource stocks slide TSX ends down 1.2% at 21,698.11 Posts its lowest closing level since April 17 Energy falls 3.1% Financials end 1.2% lower Updates at market close By Fergal Smith June 13 (Reuters) - Canada's main stock index fell to a near two-month low on Thursday, weighed by declines for financial and commodity-linked shares, as investors worried that the Federal Reserve would keep interest rates elevated for longer than previously exp
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Updates headline, recasts first paragraph June 12 (Reuters) - Companies in the U.S. and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly.
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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds FedEx layoffs June 12 (Reuters) - Companies in the United States and Canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit , 5% at audi
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Gamestop down after announcing another share offering ahead of 'Roaring Kitty' livestream

BUZZ-Gamestop down after announcing another share offering ahead of 'Roaring Kitty' livestream Updates ** Shares of videogame retailer Gamestop GME.N plunge 22.6% to $36.10 ** Stock set for its worst day in more than three weeks, if losses hold ** Company will sell an additional up to 75 mln common shares, which can help raise around $2.7 bln based on its current stock price, as per Reuters calculations ** GME also reports Q1 net sales of $881.8 mln, down from $1.24 bln a year ago ** Company's r
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Gamestop reverses course after stock offering; 'Roaring Kitty' to host livestream

BUZZ-Gamestop reverses course after stock offering; 'Roaring Kitty' to host livestream Updates ** Videogame retailer Gamestop's GME.N shares reverse premarket gains, and were last down 9 .6 % premarket ** Company announces an additional offering of 75 mln common shares ** GME reports Q1 net sales of $881.8 mln, down from $1.24 bln a year ago ** Also misses analysts' estimates of $995.3 mln - LSEG data ** Company reported Q1 results ahead of its scheduled release on June 11; says will not hold a
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