Consumer

West Fraser (TSX:WFT) Closes Multi-billion Dollar Acquisition Of Norbord
February 04, 2021 10:10 PM AEDT| By Kunal SawhneySummary West Fraser concluded its acquisition of Norbord and offered 0.675 of West Fraser’s common share in return for every outstanding share of Norbord. Stocks of West Fraser have yielded 58 per cent returns in one year, with a price-ea.....

Sherritt & Lithium Americas (LAC): 2 TSX Battery Stocks Powering Up
February 02, 2021 10:00 PM AEDT| By Team Kalkine MediaSummary Sherritt’s shares are up 33 per cent this year after the company announced higher production guidance for 2021. Stocks of Sherritt have surged by 214 per cent in one year, and the company is set to announce its Q4 results on Febru.....

Ford Lures Chinese with Mach-E, Mustang; Eyes Lucrative EV market
January 31, 2021 04:09 PM AEDT| By Kunal SawhneySummary Ford to launch its electric vehicle Mach-E in China. The company also plans to manufacture its prized Mustang cars locally. Ford China sold 602,627 vehicles last year in the Chinese market. US automaker Ford Motors Corp plans to m.....

Why Naked (NASDAQ:NAKD) Stocks Galloped 252%?
January 28, 2021 09:11 PM AEDT| By Kunal SawhneySummary Naked stocks, which catapulted by over 252 per cent on Wednesday, are currently under the threat of getting delisted from the Nasdaq exchange. Its latest stock price surge came amid the raging chatroom war between bullish investors and .....

Etsy Stocks Climb After Elon Musk Tweets He ‘Kinda’ Loves It
January 28, 2021 12:28 AM AEDT| By Hina ChowdharySummary Tesla and SpaceX founder Elon Musk sent out a tweet on Tuesday saying that he “kinda love(s)” e-commerce platform Etsy Inc. Etsy saw its stocks swing up by about eight per cent to a 52-week high of US$ 226.725 in intraday tr.....

SunOpta (SOY) & Jamieson (JWEL): 2 TSX Consumer Stocks to Explore
January 25, 2021 10:15 PM AEDT| By Hina ChowdharySummary Fast-moving Canadian consumer durables remain unaffected in 2020. SunOpta Inc. (TSX: SOY) has seen over 360 per cent growth. Jamieson Wellness Inc. (TSX: JWEL) witnesses over 33 per cent growth Despite widespread coronavirus disru.....

Vinco Ventures (NASDAQ:BBIG) Stock Pops 196% On Merger With ZASH
January 22, 2021 10:09 PM AEDT| By Kunal SawhneySummary Stocks of Vinco climbed over 196 per cent on Thursday as the M&A firm announced to combine with ZASH Global Media, a digital influencer platform. ZASH holds 2 billion monthly views on its platforms, with a network of over 350 millio.....

How Are Kits Eyecare (TSX:KITS) Stocks Doing After C$55-Mn IPO?
January 22, 2021 08:17 PM AEDT| By Team Kalkine MediaCanadian eyewear company Kits Eyecare Ltd (TSX:KITS) made its presence felt on the Toronto Stock Exchange (TSX) as it debuted on Tuesday, January 19, following a C$ 55 million initial public offering (IPO) earlier this week. Kits Eyecare saw its s.....

Alimentation Couche-Tard (TSX:ATD) Stocks Trend On Carrefour Acquisition Plans
January 13, 2021 08:45 PM AEDT| By Team Kalkine MediaThe Quebec-based convenience-store company, Alimentation Couche-Tard Inc. (TSX: ATD.A, TSX: ATD.B), confirmed that it has initiated a potential acquisition discussion with the Paris-based grocer American depositary receipt (ADR) (CRRFY:US), as per th...

EV Stocks Set To Rise On Baidu-Geely's EV Plans, NIO’s New Launch
January 11, 2021 10:01 PM AEDT| By Team Kalkine MediaChinese search engine service Baidu Inc (NASDAQ: BIDU, BIDU:US) announced on Monday that it will be seeking a partnership for car manufacturer Zhejiang Geely Holding Group for the production of electric vehicles. Baidu’s move comes amid a risin...

The Evolving Auto Industry & Its Way Forward
January 09, 2021 10:34 PM AEDT| By Hina ChowdharyThe auto industry has been undergoing a massive transformation over the last decade. On one hand, new electric vehicle (EV) players disrupted the market, and on the other hand, the auto assembly chain and inventory sector suffered losses due to the C...

Extreme Vehicle Battery (CSE:ACDC) Stocks Soar On Market’s Green Energy & Crypto Rush
January 09, 2021 03:20 AM AEDT| By Hina ChowdharyStocks of Extreme Vehicle Battery Technologies Corp (CSE: ACDC) have popped up over 106 per cent with 57.43 million units changed hands on Friday morning (10:31 am ET), January 8. The technology company deals in electric vehicle (EV) and cryptocurre...

Will EV Stocks Be A Market Topper In 2021?
December 30, 2020 12:42 AM AEDT| By Kunal SawhneySummary The EV industry is still in its formative years, but show signs of heading for a steep rise in the next decade. Elon Musk’s Tesla Inc has been a frontrunner in the race to be the EV industry topper. If all goes well, Apple could .....

XL Fleet Stocks Ride High After SPAC Merger
December 25, 2020 12:47 AM AEDT| By Hina ChowdharySummary XL Fleet Corp (XL) completed its merger with special purpose acquisition company Pivotal Investment Corporation II. Its stocks zoomed over 86 per cent following the development. The combined corporation will now trade on the New York S.....

Canoo (NASDAQ: GOEV) Stocks Plunges On Debut Post Merger With SPAC
December 24, 2020 12:53 AM AEDT| By Team Kalkine MediaSummary Canoo stocks tumbled nearly 4 per cent post its stock market debut on December 22, after completion of its merger with SPAC Hennessy Capital. Canoo has a current market cap of US$ 251 million.Its first day stock trad.....
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Peloton Stocks Jump Over Precor Acquisition
December 23, 2020 03:04 AM AEDT| By Kunal SawhneySummary Peloton Interactive Inc has announced that it will be purchasing fellow exercise equipment company Precor Incorporated, a deal that is likely to be completed early next year. Peloton stocks jumped by over three per cent on Monday, Decem.....

Tesla To Debut On S&P 500 Today, Fifth Largest Constituent On Index
December 21, 2020 11:48 PM AEDT| By Hina ChowdharySummary Tesla Inc is the biggest company ever to be added to the benchmark S&P 500 index. Over 222 million stocks of the EV maker were traded on Friday. Tesla stock has catapulted by over 730 per cent this year. Electric vehicle maker.....

Wake Up & Smell The Coffee Stocks of Starbucks & Luckin Coffee Before Christmas 2020
December 19, 2020 12:20 AM AEDT| By Hina ChowdharySummary Luckin Coffee stocks shot up nearly 96 per cent on Thursday, December 17. Stocks of Starbucks Corporation grew nearly 34 per cent in the last six months and over 17 per cent this year. The US-based coffee chain giant reported its lates.....

Top 10 Consumer Stocks Of 2020
December 14, 2020 11:15 PM AEDT| By Kunal SawhneySummary A consumer-packaged meats company stocks are up 9 per cent in 2020, and it pays a quarterly C$ 0.16 per stock. A premium food producer stock has surged almost 14 per cent up YTD. It delivers earnings per share of C$ 2 per share. The th.....

NIO & XPeng: 2 Trending Chinese EV Stocks Worth Exploring
December 11, 2020 11:55 PM AEDT| By Kunal SawhneySummary Chinese EV maker NIO is set to offer at least 60 million fresh American depositary (ADR) units. The stocks are up nearly 152 per cent in the last three months. XPeng stocks have zoomed over 134 per cent in the last three months. The sto.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2025