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News
TSX index doffs 146 points in early trade
September 09, 2020 06:06 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index dropped by 0.90% on September 8, 2020 at 10:20 am EDT. Energy and finance indices down by 6.74% and 1.23%, respectively. Consumer staples index added 2.41 points, up0.38% ...
Artis REIT to Spin-off its Retail Holding, Implements Debt Reduction Initiative
September 09, 2020 06:02 AM AEST| By Team Kalkine MediaThe retail Artis Retail Real Estate Investment Trust (Artis Retail REIT) will focus on defensive, needs-based retail assets. It will include 42 open-air, service-based properties in Western Canada, totaling 2.9 million square feet of gross...
General Motors takes 11% stake in Nikola, teams up for electric truck Badger
September 09, 2020 06:00 AM AEST| By Team Kalkine MediaGeneral Motors will receive $2 billion equity stake (11 percent) in electric vehicle company Nikola and right to nominate one director. In exchange, Nikola will gain access to General Motors’ Ultium battery system and Hydrotec fuel c...
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What is Ethereum?
September 08, 2020 08:43 PM AEST| By Edita IvancevicTo comprehend what Ethereum really is, it is essential to comprehend Internet first. Internet history, passwords, bank details and our personal information are stored online, available for anyone who is good enough at hacking into personal compute.....
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Can Bitcoin be converted to real currency?
September 07, 2020 08:14 PM AEST| By Edita IvancevicSummary As monetary policies keep progressing, currency in Bitcoin seems to have a bright future. With many efficient advantages, it is no wonder why investors find Bitcoin investment-worthy, mostly because all transactions can be made anywhere.....
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What is a cryptocurrency and how to use it?
September 07, 2020 05:18 PM AEST| By Edita IvancevicCryptocurrency, also known as a digital currency, is a virtual money exchange made and managed by private consumers and organisations. Most cryptocurrencies are not legally controlled. Hence, cryptocurrency is, in theory, invulnerable to any sorts .....
What to Expect in Reimagined Office Space Post-COVID
September 06, 2020 11:00 AM AEST| By Team Kalkine MediaOne of the most radical changes brought forth by COVID-19 has been the way office spaces function. When the virus hit a pandemic level in March, leading governments across the globe to enforce shutdowns, offices were forced to switch to a r.....
Why Are Canadian Tech Stocks Soaring Despite Weak Market Conditions?
September 06, 2020 06:10 AM AEST| By Team Kalkine MediaCanada’s economy has primarily been fueled by its abundant natural resources – a fact highlighted by materials index’s bull run on the Toronto Stock Exchange (TSX) during the pandemic. But the country is changing, and a new post-C.....
Laurentian Bank Reports C$36.2 million Profit in Q3
September 06, 2020 03:11 AM AEST| By Team Kalkine MediaMontreal-based Laurentian Bank of Canada’s (TSX: LB) third quarter results posted revenue of C$248.6 million, up 2 per cent from the C$244.7 million revenue in third quarter 2019. Its provision for credit losses were at C$22.3 millio...
Great Canadian Gaming to Reopen Casinos in Ontario and New Brunswick on Sept 28
September 06, 2020 03:08 AM AEST| By Team Kalkine MediaGreat Canadian Gaming Corp (TXS: GC) has announced that it will reopen 11 of its outlets in Ontario and the Casino New Brunswick property on September 28. The gaming and hospitality company will allow up to 50 guests inside at a given poin...
Walk Through Three Legendary US Businesses- Coca-Cola, Dow Inc, IBM
September 06, 2020 02:43 AM AEST| By Team Kalkine MediaIn a dismal year of businesses, a handful of US companies have truly outshone, rising to the challenge imposed by the coronavirus pandemic. Contemporary American businesses have demonstrated exceptional ways to address humanitarian and business nee.....
Employment Rises by 1.4% in August, Says Latest Labour Force Survey
September 06, 2020 02:00 AM AEST| By Team Kalkine MediaThe latest Statistics Canada report shows 246,000 jobs were added in August, as compared to 419,000 in July. The rate of employment has risen faster among women (at 1.8 per cent with 150,000 positions) as compared to that among men (at 1 p...
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Bitcoin Tumbles as South Korean Police Raids Bithumb
September 05, 2020 01:15 PM AEST| By Team Kalkine MediaBitcoin prices have reacted sharply to the emerging news of South Korean police raiding a crypto exchange – Bithumb over fraud allegations. South Korean police raided Bithumb – one of the country’s largest cryptocurrency exchange.....
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Market Extended Loss on Friday
September 05, 2020 01:00 PM AEST| By Team Kalkine MediaS&P/TSX Composite Index, leading Canadian benchmark index extended its loss on Friday and declined 1.4% or 230.88 points. The index closed the day at 16,218.01 on September 4, 2020. Investors continued to dump the tech stocks on Friday followed b...
Home Sales Hit Record High in Greater Toronto Area for August, Up 40%
September 05, 2020 10:08 AM AEST| By Team Kalkine MediaThe Toronto Regional Real Estate Board (TRREB) said the price of the houses are higher than compared to last year. It reported a sale of 10,775 houses in August 2020, up from 7,682 in August 2019. The average price of a house was C$951,40...
TSX Trading Volumes Up in August 2020
September 05, 2020 10:06 AM AEST| By Team Kalkine MediaThe volume of shares traded at all TMX equities marketplaces in August 2020 reached 13.8 billion, up from 11 billion in August 2019 by 25 per cent. At the Toronto Stock Exchange, the volume of shares traded in August 2020 was at 7.5 billio...
Stock Markets Plunge after Selloff in Tech Sector
September 05, 2020 10:06 AM AEST| By Team Kalkine MediaWhile six Canadian tech stocks, including those of BlackBerry and Shopify, dipped over 5 per cent on Thursday, 16 more were in the negative. Stocks of Apple, Facebook, Google and Netflix lost between 3.5 and 7.9 per cent in the US. The S&...
Bombardier, BlackBerry and Hexo: 3 trending stocks under C$8
September 05, 2020 07:30 AM AEST| By Team Kalkine MediaSummary Potential to return good yields in the long run continues to keep discounted shares in demand among investors. We look into three companies — Bombardier, BlackBerry and Hexo — that are currently trading under C$8. While Bla.....
TSX slides 31.24 points on Friday morning
September 05, 2020 06:00 AM AEST| By Team Kalkine MediaToronto Stock Exchange reported marginal fall of 31.24 points, hitting 16,417.65 at 9.42 am EDT. Health care and energy indices were down 0.2612% and 0.01276%, respectively, while financial was up by 1.0823%. Industrials and communication...
Swedish model during the coronavirus pandemic
September 05, 2020 12:10 AM AEST| By Edita IvancevicThe pandemic in Europe took a much bigger toll than in Australia. Most countries in the European Union (including the UK) had taken precautions and put countries in quarantine before it was too late. Also Read: When Will A Covid-19 Vaccine Be Avai.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024