Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles through hydrometallurgical processes. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Post by CommonCents123on Jun 29, 2023 8:58am
60 Views
Post# 35520144

CNBC MORNING SQUAWK

CNBC MORNING SQUAWK1. Powell looms
Stocks were mixed Wednesday after Federal Reserve Chairman Jerome Powell again warned that tighter monetary policy was on the way. That may include rate hikes at consecutive Fed policy-setting meetings after the central bank hit pause in June. Still, equities are on track to finish the first half of the year on a high note. The broad S&P 500 is up more than 6% this quarter, which would be its third straight positive period. Meanwhile, investors will keep their eye on weekly jobless claims data Thursday morning. Follow live market updates.

3. Passing grades
The 23 biggest banks passed the Federal Reserve’s annual stress test, although results varied across the board. This year, the banks faced a “severe global recession” scenario that included a jump to 10% unemployment and a 38% decline in housing prices. The stress test came as the banking sector contends with the fallout from March’s regional bank failures, including the potential for tighter regulation. “We should remain humble about how risks can arise and continue our work to ensure that banks are resilient to a range of economic scenarios, market shocks, and other stresses,” said Michael Barr, the Fed’s vice chair for supervision.

Although banter over the pass by analysts indicates that yes the big banks passed (expected) but the regionals (like the ones that failed) were not tested and may not have faired as well with the test.  More turbulence is on the horizon.  Rate hikes, household debt, inflation etc. IMPO of course.
<< Previous
Bullboard Posts
Next >>