Stock market
Toromont (TSX:TIH) & goeasy (TSX:GSY): Two Stocks In Recovery Mode
November 06, 2020 07:12 AM EST| By Hina ChowdharySummary Shares of Toromont have soared by 32.79 per cent in the last six months. Toromont’s stock has surged 22.20 per cent year-to-date (YTD). goeasy’s stock has swelled over 231 per cent since the pandemic led market crash on Mar.....
Investors Lap Up Gold & Consumer Stocks Amid 2020 US Election Results Uncertainty
November 06, 2020 07:01 AM EST| By Team Kalkine MediaSummary US President Donald Trump has threatened to challenge the election results in the Supreme Court in case of a loss, which would delay the process of having a clear winner. In the past, a dragged-out vote-recounting in US presidential ele.....
In 2000, Delayed Election Results Saw Stock Markets Tank
November 05, 2020 07:50 AM EST| By Kunal Sawhneyto gear up for possible outcomes. Long before the counting of votes for the 2020 US elections even began, President Donald Trump had promised that he would take the matter to the Supreme Court if majority of ballots didn’t lean his way. No...
Cargojet (TSX: CJT) & Algoma Central Corp (TSX: ALC): 2 Transport Stocks Worth Exploring
November 05, 2020 06:21 AM EST| By Team Kalkine MediaSummary Canadian freight carrier Cargojet posted total revenues of C$ 162.3 million for the third quarter of 2020, increased from C$ 117.4 million in Q3 2019. Cargojet scrips have skyrocketed by 131.52 per cent this year. Stocks of Algoma Cent.....
TSX Q3 Earnings: Real Estate Stocks FirstService & Colliers International Report Strong Results
November 05, 2020 06:13 AM EST| By Kunal SawhneySummary FirstService Corp reported an adjusted EBITDA of US$88.7 million for the third quarter of 2020, up 15 per cent YoY. FirstService stocks grew 47.45 per cent this year. Colliers posted an adjusted EBITDA of US$ 92.1 million for Q3 2020, .....
US Elections 2020: How Are Stock Markets in Canada & US Reacting?
November 04, 2020 04:22 PM EST| By Team Kalkine MediaThe counting day for the US presidential elections 2020 is here and so far, the competition between President Donald Trump and Democrat candidate Joe Biden has been red hot. Biden, on whose favor most polls had been, is leading 224 states at the ti.....
Impact of 2020 US Election on Canada’s Aluminum & Energy Sector
November 04, 2020 07:30 AM EST| By Team Kalkine MediaSummary Tensions escalated between the two neighbors after US President Donald Trump imposed 10 per cent tariff on non-alloyed unwrought aluminum imports from Canada. Biden’s push for “Buy American” approach promises to bring .....
Joe Biden vs Donald Trump: What’s At Stake For Canada?
November 04, 2020 06:30 AM EST| By Team Kalkine Medias trade ties China and North American protectionism measures. It is well after midnight, and it is still unclear who will claim the presidential throne in the United States in 2020. At the time of filing this story, Republican presidential nomin...
SpaceX Starlink & Telesat Lead Canada’s Satellite Internet Trend
November 03, 2020 11:52 AM EST| By Kunal SawhneySummary Telesat is reportedly set to launch an initial public offering (IPO) in 2021. The Ottawa-based satellite communications company is also reportedly in advanced discussions with suppliers for its LEO program. SpaceX said that it conducte.....
Q3 2020 Earnings Season: Spotlight on Aecon (TSX:ARE) & First Quantum (TSX:FM)
November 03, 2020 11:42 AM EST| By Kunal SawhneySummary Aecon registered a gross profit of C$ 162.2 million for the third quarter of 2020, up by 34.5 per cent YoY. First Quantum Minerals posted a gross profit of C$ 346 million for Q3 2020 compared to C$ 150 million for Q3 2019. First Quantu.....
Bombardier, Canadian National Railway & Canadian Pacific Railway: 3 Trending Industrial Stocks
November 03, 2020 09:38 AM EST| By Hina ChowdharySummary Bombardier Inc. (TSX: BBD.B) has been on a steady decline since March 19. The stock is down by 84.71 per cent this year. Canadian Pacific Railway (TSX: CP) reports 6 per cent revenue decrease to C$1.86 billion in Q3 2020. In the seven .....
Mission Ready Solutions (TSXV:MRS) & CAE (TSX:CAE): 2 Canadian Defense Stocks
November 03, 2020 09:31 AM EST| By Kunal SawhneySummary A man dressed in medieval clothing armed with a knife, left multiple victims injured and two dead near the parliament area in Quebec City. Mission Ready Solutions Inc has 11 government contracts valued at US$11 billion. The stock gained.....
4 Pot Stocks Under C$5: HEXO, Neptune Wellness, Valens & Delta 9
November 02, 2020 12:26 PM EST| By Hina ChowdharySummary HEXO Corp’s 10-day average volume is 2.2 million units. The stock has been ranked among TMX’s Top Healthcare stocks that are outperforming their peers in the last 30 days. Neptune Wellness Solutions’ stock has recovere.....
4 Consumer Stocks This Halloween: Maple Leaf, Aritzia, Canada Goose & Goodfood
October 31, 2020 10:20 AM EDT| By Team Kalkine MediaIndulging in Halloween treats, candies, and chocolates, to sporting spooky costumes and carving out pumpkins, it is the time for theme parties and light-hearted fun. With celebration vibes in the air, and retail discounts trending, fetching the nex.....
A Look At Agriculture Stocks This Halloween: Nutrien & Village Farms International
October 30, 2020 09:33 AM EDT| By Hina ChowdharySummary The pandemic has inflicted many troubles on the agricultural sector in Canada. The Agriculture and Agri-Food Canada (AAFC) has invested an additional C$ 11.6 million to help farmers and other agricultural businesses gear up for COVID-re.....
Husky (TSX:HSE) & Cenovus (TSX:CVE) Energy Stocks Trend Post Merger & Q3 Results
October 30, 2020 08:21 AM EDT| By Kunal SawhneySummary The S&P/TSX Capped Energy Index is down 56.55 per cent year-to-date. Energy stocks of Husky Energy Inc (TSX: HSE) and Cenovus Energy Ltd (TSX: CVE) are currently trending. Both the companies released their third quarter financial r.....
B2Gold (TSX:BTO) & Barrick (TSX:ABX): Two Gold Stocks On Investors’ Radar
October 30, 2020 08:18 AM EDT| By Team Kalkine MediaSummary B2Gold’s stock is up 58.22 per cent year-to-date (YTD), while Barrick stock reported a 42.22 per cent growth in the same period. Gold’s contribution to the Canadian commodities by value production was almost 20 per cent in 2.....
Halloween Amid Covid: 5 Stay-At-Home TSX Stocks To Explore
October 29, 2020 12:44 PM EDT| By Team Kalkine MediaSummary Shopify’s stock has swelled about 165.3 per cent year-to-date (YTD). Andlauer’s return on equity (RoE) is 40.57 per cent, and its return on assets (RoA) is 13.21 per cent. Metro’s YTD performance of the scrips reporte.....
iShares S&P/TSX 60 (TSX:XIU) & BetaPro Natural Gas (TSX: HNU): 2 Trending ETFs on TSX
October 29, 2020 07:17 AM EDT| By Kunal SawhneySummary The ETFs of iShares S&P/TSX 60 Index (TSX: XIU) and BetaPro Natural Gas Leveraged Daily Bull ETF (TSX: HNU) are currently trending on the TSX. There are over 700 ETFs listed on the TSX. As of June 2020, as many as 79 ETFs debuted on.....
Harley-Davidson (NYSE:HOG) & Magna International (TSX:MG): 2 Vehicle Stocks Worth Exploring
October 29, 2020 02:00 AM EDT| By Team Kalkine MediaSummary Harley-Davidson posted a net income of US$120 million in Q3 FY20, an increase of 39 per cent over prior year-over-year, and highest since 2015. Harley-Davidson and Hero MotoCorp recently announced partnership to develop and sell Harley .....