Stock market
Suncor & Cenovus: Why Are Oil & Gas Stocks Trending on The TSX?
November 26, 2020 12:00 AM EST| By Team Kalkine MediaSummary Suncor Energy Inc will be operating the Syncrude Joint Venture next year, the company announced recently. Its stocks gained nearly 53 per cent month-to-date (MTD). Stocks of Cenovus Energy skyrocketed nearly 59 per cent MTD. Cenovus E.....
How Are Consumer Stocks Alimentation Couche-Tard (TSX:ATD) & Loblaw (TSX:L) Faring?
November 26, 2020 12:00 AM EST| By Team Kalkine MediaSummary Alimentation Couche-Tard stocks have been trending on stock markets on the back of its latest quarter results release. The company’s revenue for the first half of fiscal 2021 declined by almost 27 per cent year over year. Loblaw .....
Why Are Clean Energy Stocks Fuel Tech, Ocean Power & Ballard Power Trending?
November 25, 2020 07:51 AM EST| By Kunal SawhneySummary Clean stocks rallied after US president-elect Joe Biden named erstwhile Secretary of State John Kerry as his climate envoy. Fuel Tech stocks have rocketed by 635 per cent in the last three months. Its 10-day average stock trading volume.....
Which Two Midcap Pot Stocks Are On Investors’ Radar?
November 25, 2020 01:49 AM EST| By Team Kalkine MediaAs investors awaited results of US election 2020, cannabis stocks were the clear gainers. The US states of Arizona, Montana, South Dakota, and New Jersey have already legalized the recreational use of cannabis. Pot firms are now celebrating US Pres.....
Black Friday 2020: What Deals To Look Forward In Canada?
November 24, 2020 07:58 AM EST| By Hina Chowdhary@Kalkine Image Black Friday is almost here and so is the smell of fresh, attractive discount offers. One of the biggest sale days of the year, Black Friday is a time when big brands are up for grabs at eye-popping discounts and sellers such...
Why Is Bombardier (TSX:BBD) Among Most Active Stocks On TSX?
November 24, 2020 05:11 AM EST| By Team Kalkine MediaThe COVID-19 pandemic has decimated the market value of Bombardier Inc (TSX: BBD.B). This once-powerful industrial stock has plunged by nearly 79 per cent year-to-date. In contrast, the S&P/TSX Capped Industrials Index has grown abou.....
Bombardier (TSX:BBD) & Air Canada (TSX:AC): 2 Trending Industrial Stocks
November 21, 2020 09:18 AM EST| By Kunal SawhneyValue of industrial stocks Air Canada (TSX: AC) and Bombardier Inc (TSX: BBD.B) spiked following the announcement of successful COVID-19 vaccine trials by Pfizer-BioNTech and Moderna earlier this month. The industrial sector took quite a hit amid th...
Canada September Retail Sales Up: Look At Dollarama (TSX:DOL) & Metro (TSX:MRU) Stocks
November 21, 2020 09:08 AM EST| By Hina ChowdharyCore retail sales in Canada grew by nearly three times at 1.1 per cent in September against 0.4 per cent in August 2020, Statistics Canada reported. The retail figures amounted to C$ 53.9 billion due to higher sales at general merchandise and eatery...
Why Is West Fraser (TSX:WFT) Acquiring Norbord (TSX:OSB)?
November 21, 2020 07:10 AM EST| By Team Kalkine MediaDiversified wood product producer West Fraser Timber Co. Ltd. (TSX: WFT) and leading manufacturer of wood-based panel Norbord Inc. (TSX: OSB, NYSE: OSB) Thursday announced that they have entered into a strategic business agreement. West Fraser will.....
TSXV Rising Star Stocks: GreenPower, Grande West & NanoXplore
November 21, 2020 03:06 AM EST| By Team Kalkine MediaSummary GreenPower stocks have soared over 1125 per cent in value year-to-date (YTD). Stocks of Grande West have swelled by 384 per cent. In the last three months, NanoXplore’s stock has surged by 134 per cent. The Toronto S.....
Suncor (TSX:SU) & Canadian Natural (TSX:CNQ): 2 Rallying Dividend Oil & Gas Stocks
November 21, 2020 12:30 AM EST| By Team Kalkine MediaSummary Oil and gas stocks of Suncor Energy (TSX: SU) and Canadian Natural Resources Ltd (TSX: CNQ) jumped significantly in November following Pfizer and Moderna’s news of successful COVID-19 vaccine trials. The S&P/TSX Capped Energy .....
Why is Buzzfeed Buying Verizon’s HuffPost Amid Traffic & Revenue Slumps?
November 20, 2020 07:50 AM EST| By Hina ChowdharyNew York-based digital media house BuzzFeed Inc has agreed to buy Verizon Media’s HuffPost publication in a stock deal, the two companies announced on Thursday, November 19. Verizon Media, which is a unit of Verizon Communications Inc (NYSE: .....
Beyond Meat (NASDAQ:BYND) & GURU (TSX:GURU): 2 Rising Plant-Based Product Stocks
November 20, 2020 07:14 AM EST| By Kunal SawhneySummary An environmentally conscious world is embracing alternative meats substitutes amid the pandemic. Nearly 56 per cent of the Canadian Gen Z believe that healthy habits are the key to a good life. The increasing popularity of plant-based .....
Why NVIDIA (NASDAQ:NVDA) & CIIG (NASDAQ:CIIC) Stocks Are In Spotlight?
November 20, 2020 06:50 AM EST| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) stocks skyrocketed by 128 per cent year-to-date (YTD) as online gaming business boomed amid the coronavirus pandemic. The company posted a record revenue in the third quarter fiscal 2021, up 57 per cent.....
Why Healthcare Stocks Lexicon, Profound & Mind Medicine Are Booming?
November 19, 2020 07:51 AM EST| By Kunal SawhneySummary Lexicon Pharmaceuticals stock soared over 40 per cent on its successful third phase trial for sotagliflozin on November 17. Stocks of Profound Medical Corp have gained over 155 per cent since the COVID-19 pandemic led market crash on Ma.....
Why Are Energy Stocks Cenovus and Suncor Trending?
November 18, 2020 05:38 AM EST| By Kunal SawhneySummary Stocks of Cenovus Energy have soared by over 40 per cent in the last one month. Cenovus’ 10-day average trading volume is 6.57 million units. Stocks of Suncor have swelled by nearly 25 per cent in the last one month. Suncor&rsqu.....
Why Is Pharmaceutical Industry Offering Canada C$1 Billion?
November 17, 2020 06:58 AM EST| By Kunal SawhneySummary Canada’s drug regulations would curtail drugmakers’ revenue by at least C$ 19.8 billion over the next two decades, according to an estimate by the pharmaceutical industry. Stocks of CloudMD have rocketed over 214 per cent in.....
Why Are Entertainment Stocks Cineplex & Walt Disney Rising?
November 17, 2020 05:32 AM EST| By Hina ChowdharyEntertainment stocks Cineplex Inc (TSX: CGX) and Walt Disney (NYSE: DIS or DIS: US) spiked this month after pharmaceutical companies Moderna and Pfizer along with BioNTech announced that their COVID-19 vaccine candidates have over 90 per ce.....
Stock Markets Rally On Moderna Vaccine Hopes; Tech, Gold & Silver Slump
November 16, 2020 11:56 AM EST| By Hina Chowdhary@Kalkine Image Summary North American stock markets rallied on Monday morning after Moderna claimed its Covid-19 vaccine is 94.5 per cent effective. Moderna claims that its vaccine candidate is stable at 2° to 8°Celcius (36° to 46&...
Bombardier, Manulife & Enbridge: 3 Active TSX Stocks
November 16, 2020 09:27 AM EST| By Kunal SawhneyActive stocks or stocks with high trade volume are a good indicator to understand which way winds is blowing in the markets. These stocks trend irrespective of their fluctuating stock price. Sometimes, active stocks are also identified in t.....