AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
News
Biden Gets Ready for White House Despite Trump’s Refusal to Concede
November 15, 2020 12:52 AM AEDT| By Team Kalkine MediaThe presidential race to the White House has finally come to an end with Joe Biden elected as the 46th President of the US on Saturday, 7 November 2020. The Democratic presidential candidate won after giving a tough fight to outgoing US President D.....
Onex (TSX:ONEX) Declares Q3 2020 Results
November 14, 2020 10:36 PM AEDT| By Team Kalkine MediaOnex net earnings stood at C$515 million, which includes C$492 million from investing business and C$23 million from asset and wealth management business. Cash and cash equivalents stood at C$371 million, including C$ 246 from investing un...
Healthcare Pulls Up TSX Composite, Trillium Therapeutics Top Gainer
November 14, 2020 07:59 AM AEDT| By Team Kalkine MediaS&P/TSX Composite Index, the main index of the Toronto Stock Exchange, rose by approximately 93 points or 0.56% at 16,675.64, driven by solid strength in the Healthcare stocks, followed by Academic and Education Services, Consumer Cyclicals and R...
What does Biden taking the throne mean for US-EU trade relations?
November 14, 2020 04:22 AM AEDT| By Hina ChowdharyWith Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the previous president Donald Trump with regards to international trade damaged the trade channels sev.....
E-commerce boom: Brazil the next major country to reap the benefits
November 14, 2020 04:17 AM AEDT| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....
Media Firm BBTV (TSX:BBTV) Revenue Grows On Digital Ads
November 14, 2020 03:13 AM AEDT| By Team Kalkine MediaThe media company’s quarterly revenues touched C$120.7 Million, up 31% YoY, as advertisers flocked to digital mode. The Vancouver-based company reported an 18% increase in views to 121.2 billion in Q3 2020. Gross profit in latest qu...
PM Trudeau Likely To Announce Funds For Provinces Amid COVID
November 14, 2020 03:13 AM AEDT| By Team Kalkine MediaThe Canadian Prime Minister is expected to announce funds for hundreds of millions of dollars for skill training to provinces. The federal government had earlier declared funds worth C$3.5 billion earlier. The PM is pushing for strict mea...
Fiera Capital (TSX:FSZ) Revenues Grows by 6.7% YoY
November 14, 2020 03:12 AM AEDT| By Team Kalkine MediaThe independent asset management firm’s Q3 revenue was C$170.7 million as compared to C$160 million a yea ago. Net earnings in latest quarter stood at C$5.0 million as opposed to net losses of C$4.6 million in Q3 2019. The company a...
Supremex (TSX:SXP) Revenue Up 10.4% In Latest Quarter
November 14, 2020 03:12 AM AEDT| By Team Kalkine MediaThe packaging manufacturer’s total revenue surged to C$49.9 million from C$45.2 million in Q3 2019. Net earnings grew C$2.7 million in Q3 2020 from C$1.2 million in Q3 2019. Net cash flows from operating activities also increased to...
CCL (TSX:CCL) Q3 2020 Operating Income Up over 17%
November 14, 2020 03:11 AM AEDT| By Team Kalkine MediaOperating income went up 17.4 per cent year-over-year to C$246.3 million. Sales increased 1.2 per cent YoY to $1,373.4 million. Net earnings were C$153.3 million in Q3 2020 as compared to C$127.7 million same quarter last year. ...
Ford Unveils New All-Electric Commercial Transit Van
November 13, 2020 04:33 PM AEDT| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....
.jpg)
S&P/TSX Composite Down 1.14%, Gold Futures Up
November 13, 2020 08:42 AM AEDT| By Team Kalkine MediaThe S&P/TSX Composite Index doffed 1.14% or 191.96 points to 16,582.18 on Thursday. However, despite the decline, the index still traded above its crucial long-term, short-term as well as immediate support levels of 200-day, 100-day, 50-day, 30-d...
Aimia Inc (TSX:AIM) Reports Q3 2020 Financial Results
November 13, 2020 02:15 AM AEDT| By Team Kalkine MediaThe company’s net loss in Q3 2020 stood at C$1.1 million, down from a net income of C$30.1 million same quarter last year. However, expenses decreased 16.2 per cent YoY to C$8.8 million. Aimia now has two segments (since Q2 2020): I...
Loblaw (TSX:L) Q3 Revenue Increases By 6.9%
November 13, 2020 02:14 AM AEDT| By Team Kalkine MediaRevenue surged to C$15.67 billion in third quarter 2020, up by over C$1 billion YoY. Operating income of C$718 million in Q3 2020, up 4.1% YoY. The consumer goods firm announced quarterly dividend of C$0.335. ...
International Energy Agency Slashes Oil Demand Forecasts
November 13, 2020 02:14 AM AEDT| By Team Kalkine MediaIEA reduced oil-demand projections for current quarter by 1.2 million barrels a day. The Paris-based agency cut down outlook due to new containment measures and unavailability of vaccines immediately. Fossil fuel will not witness any boos...
Power Corporation of Canada (TSX: POW) Reports Q3 Results
November 13, 2020 02:13 AM AEDT| By Team Kalkine MediaIn the third quarter of 2020, Power Corporation reported net earnings of C$505 million, up from C$359 million in 2019. Net asset value per share of C$34.94 in Q3, an increase of 6 per cent as compared to C$32.96 a quarter ago. Great-West...
Cascades Inc’s (TSX: CAS) Sales Marginally Up In Q3 2020
November 13, 2020 02:13 AM AEDT| By Team Kalkine MediaThe company registered sales of C$1,275 million in the third quarter of 2020, marginally up as compared with C$1,264 million a year ago. The company reported an operating income of C$73 million in Q3 2020, down 22 per cent year-over-year....
Sony launches PlayStation 5 amid COVID-19 gaming boom
November 12, 2020 07:58 PM AEDT| By Kunal SawhneyOn 12 November, Sony Corp (TYP:6758) PlayStation 5 console went on sale following the launch of newest Xbox by the rival Microsoft competing for the holiday season ahead. Market leader Sony depends on big-ticket exclusive games such as Spider-Man: .....
COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off
November 12, 2020 06:13 PM AEDT| By Kunal SawhneyThe US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate, BNT162b2 is 90% effective in preventing.....
How will Biden victory affect health insurance in the US?
November 12, 2020 05:06 PM AEDT| By Edita IvancevicAfter the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with a smile on their face. Fireworks, beeping cards, and singing pop classics could be both seen and .....
Canadian AI All-Stars: Unveiling the Top Stocks for 2025