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INTACT FINANCIAL TO INSURE UBER AS RIDESHARING INSURANCE RECEIVES GREEN LIGHT IN ALBERTA

Intact | June 29, 2016

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Intact Financial Corporation (TSX:IFC) applauds the Superintendent of Insurance ofAlberta's approval of a new ridesharing insurance policy, and will be providing this coverage to Uber, effective July 1, 2016. The insurance policy, designed specifically for this new transportation alternative, will provide protection to Albertans who use ridesharing platforms with coverage that is simple and seamless. Today's announcement makes Alberta the first province to approve a ridesharing insurance policy ...

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TESLA STOCK HITS $500 FOR THE FIRST TIME

Tesla | January 13, 2020

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Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

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COMMODITIES GAINED ON IMPROVED DEMAND EXPECTATIONS

Credit Suisse | January 13, 2020

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The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

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WALL STREET PUSHES HIGHER AMID DEAL FLURRY

Wall Street | January 13, 2020

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U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The S&P 500 index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the NASDAQ Composite up 33 points, or 0.4%. The Dow Jones gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure ...

Read More
news image

INTACT FINANCIAL TO INSURE UBER AS RIDESHARING INSURANCE RECEIVES GREEN LIGHT IN ALBERTA

Intact | June 29, 2016

Intact Financial Corporation (TSX:IFC) applauds the Superintendent of Insurance ofAlberta's approval of a new ridesharing insurance policy, and will be providing this coverage to Uber, effective July 1, 2016. The insurance policy, designed specifically for this new transportation alternative, will provide protection to Albertans who use ridesharing platforms with coverage that is simple and seamless. Today's announcement makes Alberta the first province to approve a ridesharing insurance policy ...

Read More
news image

TESLA STOCK HITS $500 FOR THE FIRST TIME

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

Read More
news image

COMMODITIES GAINED ON IMPROVED DEMAND EXPECTATIONS

Credit Suisse | January 13, 2020

The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

Read More
news image

WALL STREET PUSHES HIGHER AMID DEAL FLURRY

Wall Street | January 13, 2020

U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The S&P 500 index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the NASDAQ Composite up 33 points, or 0.4%. The Dow Jones gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure ...

Read More

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C-Suite On Deck

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

Contact Us