Canadian electric bus maker NFI slashes profit outlook because of ‘critical’ supply shortageElectric bus maker NFI Group Inc. slashed its profit outlook Friday, warning that a shortage of “critical” microprocessors […]
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Canada’s economy poised to grow in the first quarter, dodging America’s fate
Canada’s economy poised to grow in the first quarter, dodging America’s fateCanada will face growing economic headwinds with considerable momentum.Statistics Canada on April 29 reported that gross domestic product grew 1.1 […]
Calendar: What investors need to know for the week ahead
Economic Calendar: May 2 – May 6, 2022 Monday May 2China PMIJapan manufacturing PMIEuro zone manufacturing PMI and economic and consumer confidenceGermany retail sales(9:30 a.m. ET) S&P Global Manufacturing PMI […]
Tempted by Canadian bank stocks during the sell-off?
Tempted by Canadian bank stocks during the sell-off? Recession clouds are moving in and Canadian bank stocks are down, but the case for buying the dip has a serious flaw: […]
Bay Street Seen Opening On Mixed Note (Apr 29)
Bay Street Seen Opening On Mixed NoteCanadian shares are likely open on a mixed note Friday morning, tracking firm commodity prices and downbeat earnings updates from a few top U.S. […]
U.S. economy contracts in first quarter; trade and inventories mask underlying strength
U.S. economy contracts in first quarter; trade and inventories mask underlying strengthThe U.S. economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in pandemic […]
Who is Elliott, the contentious investment firm trying to shake up Suncor?
Who is Elliott, the contentious investment firm trying to shake up Suncor?Activist investors rarely scare chief executives the way they used to. A decade ago, the sector was a magnet […]
Apple shares dip after company warns of a possible $8 billion hit from supply constraints
Apple shares dip after company warns of a possible $8 billion hit from supply constraintsApple’s revenue grew nearly 9% year over year during the quarter ended in March.But shares fell […]
Canadian banks stocks even more attractive after U.S. bank earnings reports: Scotiabank
Canadian banks stocks even more attractive after U.S. bank earnings reports: ScotiabankCIBC materials analyst Jacob Bout is concerned about a global food crisis,“The World Bank calculates there could be another […]