John Shmuel on Muck Rack

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Toronto, Ontario
Reporter, Financial Post — National Post
As seen in:  National Post, Vancouver Sun

Reporter for the @financialpost, business section of the @nationalpost. Write about investing and economics. Based in Toronto.

FP Watchlist: Cenovus, Agnico Eagle and Buffett buys more Suncor — Cenovus Energy announces $1.5-billion bought deal, Warren Buffett boosts his stake in Suncor Energy, and Agnico Eagle Mines gets an upgrade

Oil spikes in ‘super volatile’ market amid supply gain — Oil traded at the greatest volatility since April 2009 after U.S. crude supplies rose from the highest level in more than three decades. West Texas Intermediate gained as much as 7.5%, erasing an earlier 2.3% decline. Prices have moved an average of US$1.74 a day this year, up from 92 cents during the first 24 days of 2014.

Bank of Canada rate cut good news for REITs and utility stocks — Real estate investment trusts and utility stocks could continue to be winners this year as the Bank of Canada eyes further interest rate cuts. Both spaces are already outperforming the S&P/TSX composite index for the year as lower bond yields have driven more investors to the typically defensive sectors.

BCE Inc to hike dividend by 5.3% following big increase in profit — To encourage more investment we need to respond to the lack of transparency in the markets today Canada finds itself at the forefront of a new wave of stock exchanges and a push for increased focus on fairness and transparency for investors

General Motors Co to raise quarterly dividend by 20% after big earnings beat — DETROIT - General Motors Co said Wednesday it intends to raise its quarterly dividend by 20% amid fourth-quarter earnings that far exceeded analysts' expectations even as recall costs hit North American profit margins. The largest U.S. automaker said it will boost its payout to 36 cents a share.

Investor enthusiasm for emerging markets wanes — Debt worries and instability has meant a bad start to the year for emerging markets, which are increasingly being passed over by investors. Data from Thomson Reuters shows that hard currency debt sales in emerging markets dropped by a third last month, even though January has historically been a strong month for new issues.

Door slammed on major Eldorado mining project in Greece: ‘We are absolutely against it’ — ATHENS - Greece's new left-wing government will cancel plans to sell the state natural gas utility and is firmly opposed to a Canadian gold mine that is among the biggest foreign investment projects in the country, the energy minister told Reuters on Friday.

Blackstone ‘scrambling’ to invest more than US$10B in oil and gas firms — Blackstone Group LP, the biggest alternative-asset manager, is "scrambling" to invest more than US$10 billion in energy companies after the price of oil plunged, the firm's president said. "Our people are scrambling and trying to come up for air," Tony James said on a call with reporters today discussing Blackstone's fourth-quarter earnings.

Caterpillar Inc’s brutal quarter: Profit drops 25% from year earlier as depressed commodity prices bite — CHICAGO - Caterpillar Inc on Tuesday reported lower quarterly net profit that missed expectations as lower prices for copper, coal and iron ore hurt mining equipment orders, and warned the recent fall in oil prices would make for a difficult year in 2015. The report sent the company's shares down nearly 6% in premarket trading.

Russia’s credit rating cut to below investment grade by S&P — MOSCOW - Ratings agency S&P said on Monday it had cut Russia's sovereign credit rating to BB+ or below investment grade. S&P warned in late December that it could deprive Russia of its investment-grade credit rating as soon as mid-January, following a rapid deterioration of the country's monetary flexibility and a weakening economy.
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Feb 10, 2015

RT @RyersonJourn: Join us for Oil Sands Narratives Feb 12 @ 6 pm w @climatekeith John Daly & @jshmuel. Register http…

Feb 06, 2015

RT @WSJ: Breaking: U.S. adds 257,000 jobs in January; jobless rate ticks up to 5.7%

Jan 30, 2015

Canada's economy unexpectedly shrinks 0.2% in November. Factory output sees biggest decline in six years.…

Jan 21, 2015

Poloz denies rate cut is part of policy to weaken loonie, says it is about "protecting our inflation target."

Jan 21, 2015

Poloz presser: We concluded that benefits of acting now outweighed any market shocks from surprise rate cut.

Jan 21, 2015

Stephen Poloz says without rate cut, Bank of Canada projected economy would not return to full capacity until late 2017.

Jan 21, 2015

Bank of America, National Bank Financial both bring up possibility of further rate cuts this year if oil stays below BoC's $60 assumption.

Jan 21, 2015

BoC mentions threat to banks in rate cut. "Oil price shock increases both downside risks to inflation profile and financial stability risks"

Jan 21, 2015

CIBC on the surprise Bank of Canada rate cut to 0.75%: "Very dovish overall, a substantial negative for the Canadian dollar."

Jan 08, 2015

RT @sabewCDA: REMINDER: Come out for drinks and chat with the Globe's @jacquiemcnish during SABEW Canada's post-New Year's party!…

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