TORONTO, September 12, 2022--(BUSINESS WIRE)--Chemtrade Logistics Income Fund (TSX: CHE.UN) warned a possible labour strike at major U.S. freight railroads, including the preparations for such strike, could have a material negative impact on Chemtrade’s business results. Chemtrade, its suppliers, and customers rely on rail service for the movement of raw materials and finished goods. In preparation for the strike, many of the U.S. railroads have already started pre-emptively curtailing the shipment of certain goods, which will impact Chemtrade’s ability to ship chlorine, sulfur dioxide and hydrogen sulfide to customers starting this week. Further, these restrictions may impact Chemtrade’s ability to receive raw materials and ship finished goods across all business lines. If the rail workers go on strike, the exact impact on Chemtrade’s business will depend on the duration of the strike and the length of time for rail service to normalize. Due to the complexity of the rail network and the uncertainty of the duration of the strike, it is not possible to estimate the impact to Chemtrade’s business results at this time.

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulphite and phosphorus pentasulphide. Chemtrade is also the largest supplier of high purity sulphuric acid for the semiconductor industry in North America. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

Certain statements contained in this news release constitute forward-looking information within the meaning of applicable securities laws, including the Securities Act (Ontario). Forward-looking information can be generally identified by the use of words such as "anticipate", "continue", "estimate", "expect", "expected", "intend", "may", "will", "project", "plan", "should", "believe" and similar expressions. Specifically, forward-looking information in this news release include statements respecting certain future expectations about: whether a rail strike will occur and the scope, scale and duration of the impact of such a strike on Chemtrade’s business and financial results. Forward-looking statements in this news release describe the expectations of the Fund and its subsidiaries as of the date hereof.

These statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements for a variety of reasons. Although the Fund believes the expectations reflected in these forward-looking statements and the assumptions upon which they are based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking statements, and they should not be unduly relied upon.

Actual events and results can be substantially different from what is expected or implied by the forward-looking information as a result of risks, uncertainties and other factors, including without limitation, the factors detailed under the "Risk Factors" section of the Fund’s latest Annual Information Form and the "Risks and Uncertainties" sections of the Fund’s most recent Management’s Discussion and Analysis.

All forward-looking information in this release speaks as of the date of this press release. Except as required by law, the Fund does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement.

Further information can be found in the disclosure documents filed by the Fund with the securities regulatory authorities, available at www.sedar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220912005334/en/

Rohit Bhardwaj Chief Financial Officer Tel: (416) 496-4177

Ryan Paull Business Development Manager Tel: (973) 515-1831

Nvidia Corp. faces a very different environment versus two years ago when it last launched a new chip architecture, one where demand is falling and its stock price has been more than halved over the year.

Stocks have been under a lot of pressure this year, weighed down by rising interest rates to combat inflation. If there's a silver lining to the sell-off, dividend yields move inversely to stock prices. Because of that, many dividend yields are much higher right now.

We’re getting toward the tail end of the year, and it’s time to start deciding just how to allocate the portfolio for a solid year-end return. In a recent note from JPMorgan, focused on the energy sector, 5-star analyst Arun Jayaram recommended oil and gas producers as likely to beat the overall markets going forward. Getting quickly to the bottom line, Jayaram states, "We remain fans of the longer-term story for natural gas driven by a growing global demand for low cost U.S. gas exports." With

You can't guess the bottom. But a bargain is a bargain.

NIO Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NIO performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.

Essentially, it's having a killer business model that doesn't need to change much to stay profitable, relevant, and rewarding for shareholders as the years roll by. With that thought in mind, let's examine a trio of stocks worth buying and holding forever -- and you've probably already heard of all three. Abbott Laboratories (NYSE: ABT) is a no-brainer stock for indefinite holding because it's always growing its dividend and making share repurchases to boost returns.

Struggling Bed Bath & Beyond Inc. releases a list of dozens of stores it aims to close. Most of the stores on this list will close by the end of the month.

In this article, we will take a look at the 10 Blue Chip Stocks to Buy Now According to Billionaire Ray Dalio. To skip our analysis of Ray Dalio’s profile, investment strategy, and 13F holdings, you can go directly to see the 5 Blue Chip Stocks to Buy Now According to Billionaire Ray Dalio. With […]

After three months of highly volatile trading, which have seen the S&P 500 drop down toward 3,600, rally up to 4,300, and fall back down to 3,900, investors can be forgiven for feeling some whiplash. The question that needs answering, however, is where will the markets go from here? Morgan Stanley strategist Andrew Slimmon believes that investors shouldn’t worry too much about the bear case. Worse-than-expected inflation numbers for August may have pushed the markets into a tumble this week, but

For four days running, shares of industrial giant General Electric (NYSE: GE) have gone nowhere but down, including a 3.7% decline on Friday. Partially, that downward pressure has come from inflation and rising interest rates, and partially from the possibility that its labor costs will rise. Its really big problem is in the supply chain.

Annaly Capital Management (NLY) closed at $6.04 in the latest trading session, marking a -1.63% move from the prior day.

If just two themes have defined the stock market in 2022, those themes would be stock splits and the bear market. Both have disproportionately affected the technology sector, with some of the largest tech companies in the U.S. opting for stock splits to reduce their high share prices, and the Nasdaq-100 tech index bearing the brunt of the broader market losses. Palo Alto Networks (NASDAQ: PANW), Shopify (NYSE: SHOP), and Tesla (NASDAQ: TSLA) have all conducted stock splits this year, and each stock has touched its 52-week low within the last four months.

Alibaba Group Holding Limited stock is trending on the Yahoo Finance Platform. Here is a visualization of $BABA performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.

There was a sell-off in cardboard packaging stocks this morning, with shares of International Paper (NYSE: IP) down 9.4% at 10:30 a.m. ET on Friday, Packaging Corporation of America (NYSE: PKG) shares down 9.7%, and the stock of WestRock (NYSE: WRK) down 9.8%. Shares of FedEx (NYSE: FDX) plunged more than 22% this morning after the company issued an earnings warning predicated on softening global volume. The volume FedEx referred to was the number of packages wrapped in cardboard and shipped to customers.

It's been a rough year in the stock market, especially for fintech investors. High inflation and rising interest rates put investors on edge, ramping up market volatility. One company feeling the pain is SoFi Technologies (NASDAQ: SOFI), the fintech that was a hot stock when it first went public in 2020.

It's no secret that investors are worried about runaway inflation. Cathie Wood and Elon Musk see deflation as the bigger threat.

One area we believe will perform well even in an economic downturn is the food industry, which is full of blue chip stocks that have performed well in several recessions, thanks to their strong business models that have allowed for decades of dividend growth. In business since the late 1800s, Hormel has always focused on pork products, which separated it from its peers. For example, Hormel produced the world's first canned ham in 1926.

Corporate landlords still like the space. Take advantage.

If you are looking to pass your savings on to your children, this trio of high-yield stocks could help with that goal.

E-commerce company Shopify (NYSE: SHOP) was a big winner during COVID-19, but the stock has fallen from grace, down a whopping 80% from its peak. Investors may uncover more questions than answers as they dig into Shopify. Here is what's going on and why investors shouldn't assume that Shopify is cheap just because the stock's fallen so far.