AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
News
_(1).jpg)
Tech Tumble Sends Wall Street, Toronto Stock Exchange Into Reverse
September 04, 2020 01:11 PM AEST| By Team Kalkine MediaThe Canadian broader equity gauge, S&P/TSX Composite Index, ended its two-day winning streak on Thursday and plummeted 249.07 points or 1.49% to 16,448.90. Every constituent sector of the TSX Composite Index settled in red, with heavy technology...
What is Stock Split? Are Shopify, Alphabet & Amazon Heading Towards It?
September 04, 2020 01:11 PM AEST| By Team Kalkine MediaShopify, Alphabet and Amazon stock splits on the horizon? (Feature Image Source: Shopify) Summary Stocks of Silicon Valley giants -- Apple and Tesla – surged after their stock splits came into effect in August. Their success has prompted...
United Airlines to furlough 16,370 workers from Oct 1
September 04, 2020 05:46 AM AEST| By Team Kalkine MediaAs many as 6,920 flight attendants from the Chicago-based airline will be laid off Staff union said 14000 workers will get no pay in October unless government extends aid. United Airlines had over 90,000 employees before March. ...
Altice USA & Rogers Communications team up to takeover telecom company Cogeco
September 04, 2020 05:46 AM AEST| By Team Kalkine MediaCable company Altice and Rogers jointly bid $10.3 billion for Cogeco Inc. and Cogeco Communications Inc Altice would get the US assets and Rogers will acquire Canadian assets if the deal comes through. Stiff opposition Gestion Audem, whic...
Vancouver housing market’s pandemic-recovery continues in August
September 04, 2020 05:45 AM AEST| By Team Kalkine MediaThe metro’s home prices rose in August at a benchmark price of C$ 1.04 million, said The Real Estate Board of Greater Vancouver. Home sales touched 3047 – nearly 20 % higher than the 10-year average for August. The sales were...
Airbnb turns down Bill Ackman's merger offer
September 04, 2020 05:45 AM AEST| By Team Kalkine MediaBill Ackman's special purpose acquisition company - Pershing Square Tontine Holdings Ltd - had sought to merge with home-rental site Airbnb. Airbnb turned down the offer and said it prefers an initial public offering. The blank-check comp...
TSX slides 21.95 points in early Thursday trade
September 04, 2020 04:00 AM AEST| By Team Kalkine MediaToronto Stock Exchange reported marginal fall of 21.95 points, hitting 16,676.02 at 9.42 am EDT. Financials and energy indices were up 1.58% and 0.98%, respectively, while health care was up by 0.87%. Industrials and communication service...
TSX gains 28.20 points in early Wednesday trade
September 03, 2020 06:19 PM AEST| By Team Kalkine MediaToronto Stock Exchange reported marginal gains of 28.20 points, hitting 16,673 at 9.47 am EDT. Metals & mining and energy indices fell 1.0952% and 1.6047%, respectively, while Financials fell 0.6817%. Telecom and utilities showed impr...
Communication and Utility Stocks Edge Higher on TSX
September 03, 2020 01:00 PM AEST| By Team Kalkine MediaCanadian benchmark index S&P/TSX Composite extended gains for the second straight day and added approximately 52.98 points or 0.32% to 16,697.97. Communication stocks were leading the market and S&P/TSX Capped Communication Index increased by...
Why Are These 2 Retail Stocks Trending? - Dollarama & Walmart Canada
September 03, 2020 06:20 AM AEST| By Team Kalkine MediaDollarama (TSX: DOL) and Walmart Canada (WMT: US) are two retail stocks that has captured investor’s attention this week. The two retail giants have managed to hush critics with their better than expected earnings and soaring sales in their l.....
Wilks Brothers Prep for Calfrac Hostile Takeover
September 03, 2020 06:09 AM AEST| By Team Kalkine MediaCanadian oilfield company Calfrac Well Services said its investors Wilks Brothers are planning a hostile C$26.13 million takeover bid. At a hearing in the Court of Appeal of Alberta, Calfrac said Wilks Brothers plan to make an unsolicited...
Alimentation Couche-Tard Reports 44% Surge in Q1 Net Profit
September 03, 2020 06:06 AM AEST| By Team Kalkine MediaAlimentation Couche-Tard has reported a 44 per cent surge in their net earnings in the first quarter of 2021. The retail chain said its total revenue saw a 7 per cent hike, amounting to US$ 3.9 billion. The company admitted to profit from...
Rogers Communications Expands 5G Network to 50 New Locations
September 03, 2020 06:03 AM AEST| By Team Kalkine MediaThe company introduced 5G mobile network in Canada in January this year It now plans to expand to more than 60 new localities further by the year end, says a report on their website ...
Nuvei Files for IPO in Canada to raise $500-600
September 03, 2020 06:00 AM AEST| By Team Kalkine MediaThe company, which was valued at $2 billion in December 2019, is yet to reveal the IPO price. Nuvei reportedly plans to get listed on the Toronto Stock Exchange as ‘NVUI’ ...
Suncor Energy & TELUS: 2 Dividend-Paying Bluechip Stocks On TSX
September 03, 2020 05:00 AM AEST| By Team Kalkine MediaStocks of Suncor Energy Inc. (TSX: SU) and TELUS Corporation (TSX: T) are on a tear these days. Investors have turned bullish on these two dividend-paying large cap companies, resulting in heavy trading volumes in the month of August. Ther.....
COVID causes Canada's economy to contract by 38.7% in Q2, worst since 1961
September 03, 2020 04:26 AM AEST| By Team Kalkine MediaBeaten by the loss of business due to COVID-19, Canada’s real gross domestic product (GDP) saw a record dip at an annualized rate of 38.7 per cent in the second quarter of 2020. This is the sharpest dip the Canadian economy has witnessed sinc.....
Market Update: TSX Index Moves Back to Green Zone
September 02, 2020 01:11 PM AEST| By Team Kalkine MediaS&P/TSX Composite Index, the leading equity gauge of the Toronto Stock Exchange, traded in the green zone on Tuesday. It added 130.55 points or 0.79% after three consecutive days of losses and closed the session at 16,644.99. Technology and...
Amazon’s ‘Prime Air’ Gets Approval For Drone Fleet to Deliver Packages
September 02, 2020 10:55 AM AEST| By Team Kalkine MediaUS’ Federal Aviation Administration approved the Amazon’s drone fleet to deliver packages in US. The e-commerce giant has testing sites in US, Canada, UK, Australia and other nations. Alphabet’s Wing and United Parcel Se...
Canada To Buy 100 Million COVID-19 Vaccine Doses From Novavax And J&J
September 02, 2020 10:54 AM AEST| By Team Kalkine MediaSeventy-six million doses of NVX-CoV2373 will be brought from Novavax and 38 million doses of Ad26.COV2.S from Johnson & Johnson, said Prime Minister Justin Trudeau. Canada also has Covid-19 vaccine procurement deals with Pfizer Inc an...
Warren Buffett's Berkshire Hathaway Bets Big in Japan
September 02, 2020 10:54 AM AEST| By Team Kalkine MediaBerkshire Hathaway said it has acquired 5% stakes in five Japanese trading houses – Mitsubishi Corp., Itochu Corp., Marubeni Corp, Mitsui & Co. and Sumitomo Corp. The group called it a long-term investment and added that it may i...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024