'The macro environment is increasingly less supportive of hydrogen adoption, and the upcoming U.S. election adds an additional level of uncertainty.'
Ballard Power Systems CEO Randy MacEwen has outlined risks related to the upcoming U.S. presidential election , as well as policy uncertainty in Europe and China. Toronto-listed shares gained 6.58 per cent to $2.67 as at 2:33 p.m. ET. The stock lost nearly six per cent in Monday's trading session.
“While we believe the company is operating well and is achieving key product milestones, the macro environment is increasingly less supportive of hydrogen adoption, and the upcoming U.S. election adds an additional level of uncertainty,” she wrote in a note to clients. Examining Parker-Hannifin Corporation : Is It Among the Top Dividend Aristocrats According to Wall Street Analysts?
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons WARSAW, Poland — Kylian Mbappé appears ready to make his debut for Real Madrid in the UEFA Super Cup against Atalanta on Wednesday.John Honey’s sentencing was delayed on Tuesday after claims he asked a prison probation officer ‘if he wanted his autograph’
Presidential Election CIBC Capital Markets Policy Uncertainty Foreseeable Future
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ballard Power Systems stock hit with downgrade as CIBC cuts price target in half'The macro environment is increasingly less supportive of hydrogen adoption, and the upcoming U.S. election adds an additional level of uncertainty.'
Read more »
Ballard Power stock falls; CEO expects lumpy sales 'for foreseeable future'The company posted a US$31.5 million loss for the three months ended June 30, deeper than the US$28.2 million it lost in the same quarter a year ago.
Read more »
CIBC Private Wealth - Sault Ste. Marie NewsIf you want to work with one of the leading wealth management teams in Sault Ste Marie we would be happy to hear from you. We are looking for dynamic, motivated individuals who want to work in a high level capacity. We are seeking associates for administrative and financial level positions.
Read more »
CIBC analyst recommends defensive portfolio positioning using these ETFs and stocksDaily roundup of research and analysis from Scott Barlow
Read more »
TC Energy CEO François Poirier to join CIBC board of directorsTORONTO — CIBC is adding TC Energy Corp. chief executive François Poirier to its board of directors.
Read more »
CIBC plans more hiring in artificial intelligence, data jobsCanadian Imperial Bank of Commerce plans to hire more than 200 employees in data and artificial intelligence over the next year as it expands its use of generative AI.
Read more »