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Dropping Aaron Judge’s 61st home-run ball might have cost this fan $250,000 or more

A Blue Jays fan who gave his name as Frankie Lasagna felt Aaron Judge's historic 61st home run ball bounce off his glove. He said he was in 'disbelief.'

11:20 a.m. Oct. 3, 2022
Lithium miner Snow Lake Resources stock rockets after withdrawing stock offering

Shares of Snow Lake Resources Ltd. rocketed 43.5% in premarket trading Friday, after closing the previous session at a record low, after the lithium miner withdrew plans to for a relatively large stock offering. After the stock soared 38.3% on Sept. 23, on the back of the company's announcement it would work with South Korea-based LG Energy Solutions Ltd. to build a supply chain for the North America electric vehicle market, Snow Lake disclosed plans for a public offering of 10.0 million shares at a price of $3.00 a share. That would've raised $30 million for the company, which compares with the company's market capitalization of $27.8 million at Thursday's record low closing stock price of $1.56. The stock plunged 50.9% after the offering was announced through Thursday. On Friday, the company filed to withdraw the offering. The stock has tumbled 35.0% over the past three months through Thursday, while the S&P 500 has slipped 3.8%.

9:26 a.m. Sept. 30, 2022
After rail strike averted, chance for ‘freight recession’ should still spook investors, analysts say

Railroad operators CSX Corp. and Norfolk Southern Corp. were hit a downgrade from Susquehanna on Wednesday, with analysts citing bigger profit risk to rails operating in the eastern U.S., lingering potential for a work stoppage and a broader weakening of the economy.

8:36 a.m. Sept. 29, 2022
Brookfield Renewable Partners buys pair of renewable portfolios for up to $2 bln investment

Brookfield Renewable Partners LP said Thursday it will invest up to $2 billion in two renewable energy portfolios in the U.S. Brookfield Renewable will pay $1 billion and invest an additional $270 million to acquire Scout Clean Energy, which owns more than 1,200 MW of operating wind assets and a pipeline of over 22,000 MW of wind, solar and storage projects in 24 states. Brookfield Renewable also announced the acquisition of Standard Solar for $540 million with the potential to invest an additional $140 million to support business' growth initiatives. Standard Solar has about 500 MW of operating and under construction contracted assets and a development pipeline of about 2,000 MW, as well as "significant growth opportunities across several high value solar markets in the U.S., such as New York, Maryland, Minnesota and Maine," the company said. Brookfield Renewable Partners shares are down 10.6% in 2022 compared to a 22% loss by the S&P 500 .

8:27 a.m. Sept. 29, 2022
Worthington Industries to separate into two publicly-traded companies in 2024

Worthington Industries Inc. said Thursday its board approved a plan to separate the company's steel processing business into a new public company, through a distribution of stock in the business. The Columbus, Ohio-based industrial company said the steel processing separation is expected to be tax-free to shareholders when it takes place as expected in early 2024. Worthington's core business will focus on consumer products, building products and sustainable energy solutions. The units generated $1.3 billion in revenue in 2022. Its steel processing business generated $3.9 billion in sales in fiscal 2022. Worthington's Chief Operating Officer Geoff Gilmore will be CEO of Worthington Steel, to be based in Columbus, Ohio. New Worthington will continue to be led by Andy Rose. Shares of Worthington are down 10.2% in 2022, compared to a 22% loss by the S&P 500 .

7:47 a.m. Sept. 29, 2022
10/3/2022 4:00pm
Royal Bank of Canada
/zigman2/quotes/200638870/delayed
125.45
+1.08 +0.87%
10/3/2022 4:15pm
Suncor Energy Inc.
/zigman2/quotes/204570600/delayed
41.76
+2.86 +7.35%
10/3/2022 4:00pm
Barrick Gold Corp.
/zigman2/quotes/209252292/delayed
21.71
+0.30 +1.40%
10/3/2022 4:15pm
Bank of Montreal
/zigman2/quotes/203180563/delayed
123.21
+2.14 +1.77%
10/3/2022 3:46pm
Augusta Gold Corp.
/zigman2/quotes/225792379/delayed
1.49
+0.13 +9.56%
10/3/2022 4:00pm
Canadian Imperial Bank of Commerce
/zigman2/quotes/206423838/delayed
61.56
+1.10 +1.82%
10/3/2022 4:00pm
Bombardier Inc. Cl B
/zigman2/quotes/208994866/delayed
25.97
+1.24 +5.01%

Sectors

S&P 500 energy stocks kick off fourth quarter with best day in nearly two years

Surging oil prices and falling Treasury yields helped the S&P 500 energy sector to kick off the month of October, and the fourth quarter, with its biggest daily gain in nearly two years.

4:58 p.m. Oct. 3, 2022
Silver prices jump over 8% and gold extends gains as Treasury yields pull back

Silver prices climb sharply on Monday to post their strongest daily percentage gain since February 2021, and gold futures rise to their highest finish since mid-September as a disappointing reading on U.S. manufacturing contributes to a decline in U.S. Treasury yields.

3:17 p.m. Oct. 3, 2022
Oil prices settle sharply higher on reports OPEC+ will cut production

Oil prices were sharply higher on Monday, with U.S. benchmark prices settling up more than 5%, following reports that the OPEC+ cartel is considering a production cut of more than 1 million barrels a day.

3:11 p.m. Oct. 3, 2022
Why California is paying nearly 70% more for gasoline at the pump than the rest of the country

California has pretty much always paid much more than the nation for gasoline at the pump, in part due to higher taxes and a more expensive blend of fuel, but an average price that's nearly 70% more than just about everyone else in the U.S. is a bit extreme.

2:08 p.m. Oct. 3, 2022
Europe’s red-hot inflation numbers may be ready to cool off, says Morgan Stanley

Europe's efforts to bring down soaring energy prices could help to cool record high inflation, says Morgan Stanley.

10:40 a.m. Oct. 3, 2022
Global Dow /zigman2/quotes/210599024/realtime 3,265.01 +38.47 +1.19%
Gold /zigman2/quotes/210034565/delayed 1,719.30 +17.30 +1.02%
Brent crude /zigman2/quotes/209704782/delayed 89.38 +0.52 +0.59%
Natural gas /zigman2/quotes/210189548/delayed 6.47 +0.0010 +0.02%

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