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NDP's Singh promises an ‘emergency price cap' on grocery essentials [BNN Bloomberg (Canada)]

Costco Wholesale Corporation (COST)  More Company Research Source: BNN Bloomberg
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Speaking at the Parkdale Food Centre in the Ottawa neighbourhood of Hintonburg, Singh announced that if the NDP were to form government, the party would introduce an “emergency price cap” on basic food items. Among the products the NDP would seek to cap the prices of are pasta, frozen vegetables and infant formula. Singh is framing this as his way to “tariff-proof” Canadian food. The NDP has also committed to: Enforce a mandatory “Grocery Code of Conduct” in an effort to regulate pricing practices and prevent wage cuts; Provide the Competition Bureau powers to act as “a grocery price watchdog” to get tougher on price fixing; Tax the windfall profits of major grocery retailers such as Loblaws, Walmart and Costco; and Reform the federal Nutrition North program, “so the subsidy goes directly to northerners—not to corporate chains.” Singh is spending the morning in the nation's capital, but will then be wheels-up to the West Coast this afternoon. This is a developing st [Read more]

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Stockreport

NDP's Singh promises an ‘emergency price cap' on grocery essentials [BNN Bloomberg (Canada)]

Costco Wholesale Corporation  (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Speaking at the Parkdale Food Centre in the Ottawa neighbourhood of Hintonburg, Singh announced that if the NDP were to form government, the party would introduce an “emergency price cap” on basic food items. Among the products the NDP would seek to cap the prices of are pasta, frozen vegetables and infant formula. Singh is framing this as his way to “tariff-proof” Canadian food. The NDP has also committed to: Enforce a mandatory “Grocery Code of Conduct” in an effort to regulate pricing practices and prevent wage cuts; Provide the Competition Bureau powers to act as “a grocery price watchdog” to get tougher on price fixing; Tax the windfall profits of major grocery retailers such as Loblaws, Walmart and Costco; and Reform the federal Nutrition North program, “so the subsidy goes directly to northerners—not to corporate chains.” Singh is spending the morning in the nation's capital, but will then be wheels-up to the West Coast this afternoon. This is a developing st [Read more]

IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS