This strategic partnership will explore joint development of future cloud solutions in Microsoft Azure to support their respective game and content-streaming services.
“Sony has always been a leader in both entertainment and technology, and the collaboration we announced today builds on this history of innovation,” said Satya Nadella, CEO of Microsoft. “Our partnership brings the power of Azure and Azure AI to Sony to deliver new gaming and entertainment experiences for customers.” CLICK for complete article
It has become a cacophony across earnings reports by trucking companies and railroads: Shipment volumes are declining, and revenues are propped up by higher freight rates, but now freight rates are coming under pressure too, as companies are getting more aggressive to pick up shipments. The latest two to report were YRC Worldwide, one of the largest truckers in the US, and BNSF Railway. Before them, it was J.B. Hunt and others….CLICK for complete article
No dividend portfolio is complete without at least a couple of Canadian banks and top-tier utilities stocks. Today, we will take a look at one of each of these kinds of blue-chip investments and see which one is the best value with the best outlook, as well as the yield and overall health of each investment. Suncor Energy (TSX:SU)(NYSE:SU) If you could only invest in one stock on the TSX index, would it be Suncor Energy or one of the Big Six bankers? Before we take a look at one of the best picks from the latter breed of stocks,…CLICK for complete article
Before we get to looking at those three charts, let’s talk about the trade war. On Friday the Trump administration made good on its threat to raise tariffs on as much as $200 billion worth of Chinese imports to 25 percent from the previous 10 percent. The president also said that a decision could be made soon on whether to impose the same 25 percent rate on an additional $325 billion of Chinese goods, which, all told, would cover approximately the total amount of goods the U.S. imported from China in 2018….CLICK for complete article
When Atlas Engineered Products (AEP:TSX-V) acquired the Pacer Tandelle facility outside London in 2018 it was based on in-depth due diligence, and the numbers reported by the nearby city of London validate that purchase. 2018 was another record-breaking construction year in London. For the third year in a row, the value of building permits issued by the city exceeded $1-billion.
The numbers mean the city’s economy is healthy, said Peter Kokkoros, London’s deputy chief building official.
“In 2016, when we surpassed $1-billion, I thought it was a one-time phenomenon and things would taper off. In 2017, we went over $1-billion, and I thought that would never happen again. Well guess what, we’re just over $1 billion again for 2018,” Kokkoros said.
Building permits are issued for all kinds of construction in the city, from relatively minor renovation jobs to large-scale industrial, residential and commercial projects.
“Construction is cyclical,” Kokkoros said. “Certainly if we look at the last three to four years, the construction activity in the city is very healthy. We’ve seen an increase in residential construction and institutional, commercial and industrial construction seems to be stable or dropping off a bit.”
As rates rise and vacancies fall, London is challenged to deliver affordable housing. The number of single, detached homes was also down slightly in 2018 from 2017, which was a record-breaking year for that kind of construction. However, the number of building permits for apartment units increased in 2018.
“It terms of apartment building construction, 2019 will be another healthy year,” Kokkoros said.