Tag: slides

David Olive: Ballard Power Systems surges with Biden election and Dye & Durham software slides. Here are this week’s corporate winners and losers

Winners Ballard Power Systems Inc. (BLDP.TO) Investors in the world’s biggest maker of fuel cells for transforming hydrogen into energy have seen a 60 per cent surge in the value of their shares since the election of U.S. president-elect Joe Biden. Biden’s proposed attack on climate crisis, priced at about $ 3 trillion (U.S.), includes…

Two coal companies bankrupted by COVID-19 as industry slides

Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the COVID-19 pandemic dropped coal prices. Coal companies have struggled amid an increase in natural gas and renewable energy, and U.S. coal production in the…

World stocks slip as growth fears linger; euro slides

NEW YORK (Reuters) – The dollar rose to almost a two-year high against the euro on Thursday on an upbeat U.S. capital goods report, while world equities slid as weak economic data from South Korea and a profit warning from 3M Co renewed concerns about global growth. FILE PHOTO: Traders work on the floor at…