The recent stock-market recovery is likely just a bear market rally, and 'significant risks' lie ahead says Morgan Stanley exec

view original post

GlobeNewswire

Teck Reports Unaudited Second Quarter Results for 2022

Fourth consecutive record quarterVANCOUVER, British Columbia, July 26, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced its unaudited second quarter results for 2022. “This marks Teck’s fourth consecutive quarter of record-setting EBITDA and profitability, driven by strong commodity prices in the quarter, which enabled us to complete $572 million in share buybacks and pay down a further US$650 million in outstanding debt,” said Don Lin