The Daily Chase: June rate cut came too late for May housing numbers [BNN Bloomberg (Canada)]
Primo Water Corporation (PRMW)
Last primo water corporation earnings: 11/5 04:05 pm
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Source: BNN Bloomberg
Canadian Real Estate Association released figures for the month of May. It's typically a busy month for the housing market, but the current era of high interest rates have thrown normal seasonal trends out the window for a while now. Sales inched lower and new listings inched higher, the realtor group said, describing the market as “sleepy.” While it isn't included in May's numbers, the biggest catalyst for the housing market likely came last week, when the Bank of Canada cut interest rates for the first time in more than four years. “The question now turns to further rate cuts – specifically, how fast, and how far,” CREA's chief economist Shaun Cathcart said in a release. As of the end of May, there were 175,000 properties listed for sale on MLS. That's up by 28 per cent from a year ago but still below historical averages. On the price side, the average resale price of a home dipped below $700,000, coming in at $699,117 during the month. That's a decline of four per cent from May 202
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News
- Is Now An Opportune Moment To Examine Primo Water Corporation (TSE:PRMW)? [Yahoo! Finance]Yahoo! Finance
- Primo Water, BlueTriton receive all regulatory approvals for all-stock merger [Seeking Alpha]Seeking Alpha
- Primo Water and Bluetriton Brands Announce Receipt of All Regulatory Approvals In Connection With Their All-Stock Combination [Yahoo! Finance]Yahoo! Finance
- Primo Water and Bluetriton Brands Announce Receipt of All Regulatory Approvals In Connection With Their All-Stock CombinationPR Newswire
- Primo Water Co. (NYSE: PRMW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
PRMW
Earnings
- 8/8/24 - Beat
PRMW
Sec Filings
- 9/27/24 - Form DEFA14A
- 9/10/24 - Form SC
- 9/5/24 - Form DEFA14A
- PRMW's page on the SEC website