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News
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.....
How is the US Election Race Faring? Does it impact your portfolio?
September 05, 2020 12:00 AM AEST| By Team Kalkine MediaThe US Presidential election is just two months away from now and all eyes are set on its outcome, which will have an impact all around the world. Just as the race between the Democratic nominee, Joe Biden and Republican nominee, President Donald T.....
COVID-triggered ‘She-cession’ Causes Hard Financial Times For Canadian Women
September 04, 2020 08:10 PM AEST| By Team Kalkine MediaThe COVID-19 pandemic has hit one and all in some way or another. However, statistics from various surveys show that women have been more exposed to the social and financial hurdles brought on by the pandemic than men. From loss of employment, unpa.....
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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 ...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024