Stock market
Suncor (TSX:SU) Stocks Recovering From COVID Lows?
February 04, 2021 12:30 PM EST| By Hina ChowdharySummary Suncor saw its funds from operations rise on a quarter-over-quarter basis to C$ 1.2 billion in the fourth quarter of 2020. Its cash flow from operations, on the other hand, was substantially lower year-over-year to C$ 814 million in Q4 .....
BCE (TSX:BCE) Ups Dividend! Is This Income Stock A Buy?
February 04, 2021 11:15 AM EST| By Hina ChowdharySummary Early on Thursday, BCE Inc (TSX: BCE) reported a 28.9 per cent year-over-year (YoY) increase in its net earnings of C$ 932 million for Q4 2020. Its common share dividend is also up 5.1 per cent to C$ 0.875, payable on April 15. BCE&rsq.....
Canada Goose (TSX:GOOS) Nets C$107Mn, Stocks Off To A Flying Start
February 04, 2021 11:12 AM EST| By Kunal SawhneySummary Canada Goose stocks lead trends after positive Q1 earnings report. A significant boost in e-commerce business in Asian markets helps improve performance. Its 2021 Q1 revenue rose nearly five percent to $474 million. Consum.....
Tyme (NASDAQ:TYME) Stocks Soar 94% On Patent For COVID Treatment
February 04, 2021 08:10 AM EST| By Hina ChowdharySummary Stocks of Tyme Technologies (NASDAQ:TYME, TYME:US) skyrocketed by nearly 94 per cent on Wednesday. The biotechnology company announced receiving a patent for a coronavirus treatment using its metabolomic technology platform from the US .....
TIXT Stock: Telus Kicks Off Trading In Largest Ever TSX Tech IPO
February 04, 2021 06:06 AM EST| By Kunal SawhneySummary Telus International (TSX:TIXT) saw its stocks jump about 30 per cent to close at C$ 39.95 on its first day of trading on Wednesday, February 2. The company is a subsidiary of Canadian communication giant TELUS Corporation. The Vancouve.....
Boralex & Innergex: 2 Rising TSX Utility Stocks
February 04, 2021 02:53 AM EST| By Team Kalkine MediaThe Canadian utilities sector is facing radical transformation that was long pending. Fast adoption of digital technologies and changing customer expectations have already made the energy and utility industry more complex and competitive. According...
GameStop (NYSE:GME), AMC (NYSE:AMC) Stocks Crawl Back After Dud Week
February 03, 2021 12:11 PM EST| By Team Kalkine MediaSummary GameStop, AMC limp back after getting crushed earlier this week. Both stocks still down from the past week’s highs. Lawsuit filed on behalf of retail investors against 35 defendants, alleging conspiracy. Stocks of AM.....
Alphabet (GOOG) Stocks Rise As Q4 2020 Revenue Exceed Analyst Forecast
February 03, 2021 12:06 PM EST| By Kunal SawhneySummary Alphabet, the parent company which owns Google and its subsidiaries, posted a 23 per cent year-over-year (YoY) increase in its record revenue of US$ 56.9 billion in the fourth quarter of fiscal 2020. Its full-year revenue for fiscal 202.....
Kia Motors Jump 10% On Rumors Of EV Deal With Apple?
February 03, 2021 12:04 PM EST| By Hina ChowdharySummary Reports claims that Kia Motors Corp is heading for a billion-dollar collaboration deal with Apple Inc to produce electric vehicles. Kia Motors’ stocks are up nearly 10 per cent at KRW 97,700 (C$ 111.97) in the wake of the news. T.....
GlaxoSmithKline & CureVac Collaborate To Develop COVID-19 Vaccines
February 03, 2021 09:27 AM EST| By Kunal SawhneySummary GlaxoSmithKline and CureVac announced their partnership to co-produce mRNA-based COVID-19 vaccine candidates that would combat the new coronavirus mutants. Stocks of both pharma companies started showing movement in pre-market hours. Cu.....
Spotify’s (NYSE:SPOT) Revenues Rise 17 Percent In 4th Quarter As More Users Sign-Up
February 03, 2021 09:24 AM EST| By Kunal SawhneySummary Spotify currently has 345 million active subscribers across different geographies. Subscription revenue rose by 15% to €1.89 billion as new users from India, Russia sign-up. Ad revenue saw consecutive quarterly growth, rising by 2.....
Novavax Agrees To Make COVID Shots In Canada, But It Will Take A While
February 03, 2021 08:01 AM EST| By Kunal SawhneyStepping up Canada’s efforts to produce COVID-19 vaccines at home, Prime Minister Justin Trudeau announced on Tuesday, February 2, that US drugmaker Novavax Inc (NASDAQ:NVAX, NVAX:US) has agreed to a tentative deal. The Maryland, US-based compa...
TIXT Stock: Telus International All Set to Debut on NYSE, TSX Today
February 03, 2021 06:57 AM EST| By Kunal SawhneySummary Telus International to debut on TSX and NYSE from Wednesday. The company will issue an IPO of 37 million subordinate voting shares, each priced at $25. Telus International plans to use the net proceeds to repay its outstanding debts. .....
Why Blackberry (TSX:BB) Stocks Continue To Draw Investors’ Attention?
February 02, 2021 11:16 AM EST| By Hina ChowdharySummary BlackBerry stocks have been on a bull run, seeing high growth in the past one month. In the past month, BlackBerry stock prices surged more than 100 per cent. BlackBerry specializes in software solutions, protecting end-to-end services.....
Groundhog Day 2021: 3 TSX Stocks For The Springtime Ahead
February 02, 2021 10:07 AM EST| By Hina ChowdharyWith February 2 comes yet another Groundhog Day, and according to folklore, it’s time to rely on the little critter for a weather report. Nova Scotia's celebrity groundhog, Shubenacadie Sam, reportedly emerged from his burrow this morning and &...
Why Sensor Technologies (CSE:SENS) Stocks Galloped 200%?
February 02, 2021 07:01 AM EST| By Hina ChowdharySummary Stocks of Sensor Technologies Corp (CSE: SENS) galloped by over 200 per cent on Monday, February 1. The Canadian sensor systems provider said it plans to purchase all securities of lighting manufacturer EmersonGrow Technologies Inc for .....
Sundial (NASDAQ:SNDL) & Nokia: Reddit-Fueled Stocks Continue To Surge
February 02, 2021 04:51 AM EST| By Team Kalkine MediaSummary Sundial's stock price has more than doubled over the span of January, primarily stoked by the 8 million-odd traders communing on Reddit forum WallStreetBets. Interest in this heavily shorted pot stock most likely triggered a short squee.....
WPT Industrial (WIR.U) & RioCan (REI.UN): 2 Dividend-Paying REITs
February 01, 2021 12:14 PM EST| By Kunal SawhneySummary Canada’s real estate price growth outperformed almost every other market in the pandemic-ridden stretch of 2020. WPT Industrial REIT distributes a monthly dividend of US$ 0.063, which currently has an yield of 4.84 per cent, as pe.....
Despite Pandemic, TSX & TSXV Post Growth In 2020
February 01, 2021 12:08 PM EST| By Hina ChowdharySummary The S&P/TSX Venture Composite Index zoomed 52 per cent in 2020. It has gained 5.33 per cent year-to-date (YTD), driven by the junior tech and healthcare stocks’ performance. The S&P/TSX Composite Index added nearly 3 per c.....
First Majestic (TSX:FR) & MAG: Silver Stocks Caught in Reddit Binge?
February 01, 2021 12:02 PM EST| By Kunal SawhneySummary The stock prices of MAG Silver Corp rose by nearly 110 percent in one year. Stock value of First Majestic Silver increased by more than 115 percent. Both companies register impressive silver productions in their mines in Mexico. &.....