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: […]
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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 […]
Before the Bell: April 27
Before the Bell: April 27EquitiesWall Street futures bounced higher early Wednesday after the previous session’s sell off with earnings remaining in focus. Major European markets were mixed after a weaker […]
Air Canada Reports First Quarter 2022 Financial Results
Air Canada Reports First Quarter 2022 Financial ResultsNEWS PROVIDED BYAir Canada Apr 26, 2022, 06:00 ETFirst quarter operating revenues of $2.573 billion, or about three-and-a-half times first quarter 2021 operating revenuesFirst quarter […]
Microsoft earnings beat across the board, stock up on outlook
Microsoft earnings beat across the board, stock up on outlookMicrosoft beat expectations on the top and bottom lines.Fourth-quarter revenue guidance for each of the company’s three business segments surpassed the […]