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News
Cargojet (TSX: CJT) and Bombardier (TSX: BBD): 2 Trending Stocks on TSX This Week
September 16, 2020 06:55 AM AEST| By Team Kalkine MediaThe stock market will continue to be susceptible to the COVID-19 pandemic in days to come. With that in mind, some investors are seeking to invest in shares that have fared well in these tumultuous times, like freight .....
Cineplex (TSX: CGX) & Disney: Future of 2 Entertainment Stocks
September 16, 2020 06:40 AM AEST| By Team Kalkine MediaStocks of media and entertainment companies like Walt Disney (NYSE: DIS or DIS: US) and Cineplex (TSX: CGX) saw a sharp dip in value this year after lockdown restrictions forced cinema theatres and productions firms to shut d...
Kirkland and Wallbridge form joint venture on Detour East gold property
September 16, 2020 06:04 AM AEST| By Team Kalkine MediaKirkland Lake Gold Ltd (TSX:KL) will earn 75 per cent interest in Detour East by making expenditures totaling $35 million on the gold property. The expenditures will be spread across the next five years. Wallbridge Mining Company Limited...
Bank of Montreal Investments introduces ESG portfolios
September 16, 2020 06:02 AM AEST| By Team Kalkine MediaBMO Investments Inc. (BMOII) launched four new BMO Sustainable Portfolios. The products combine equity and fixed income ETFs, representing companies with high ESG ratings. The portfolios are - BMO Sustainable Balanced Portfolio, B...
Starcore revenue surges in latest quarter
September 16, 2020 06:00 AM AEST| By Team Kalkine MediaStarcore International Mines Ltd (TSX: SAM) posted a net income of C$ 1.7 million for the three-month period ended July 31, 2020. Cash and short-term investments on hand at the end of the quarter is C$ 1.3 million. Revenue surged to C$ 8...
Emerging Trends in Health and Fitness Industry While Economy Reopens
September 15, 2020 11:11 PM AEST| By Team Kalkine MediaLast week when Australian Prime Minister Scott Morrison discussed ending border closure, he also spoke on complete economic reopening soon for the nation to come together at Christmas. However, Victorian Premier Daniel Andrews announced a roadmap o.....
Robinhood the new wall-street piped piper drawing retail investors in hoards, What is driving this trend?
September 15, 2020 11:00 PM AEST| By Team Kalkine MediaStock trading has always been deemed risky. Still, for many long-haul investors, stock trading has been a passion. In contrast, few enter to make quick bucks. With the pandemic making stock markets volatile globally, a new set of retail invest.....
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US-China Ongoing Spat: A Glance at Recent Developments
September 15, 2020 08:41 PM AEST| By Team Kalkine MediaBy now, most people are familiar with the trade war between the US and China. The trade war started way back in 2018, where the two were seen imposing heavy taxes on import of the goods of one another. The US President blamed China for exercising u.....
How has COVID-19 affected bitcoin price?
September 15, 2020 06:36 PM AEST| By Edita IvancevicCOVID-19 has brought many fiat currencies into trouble, resulting in disturbed financial markets. For this reason, investors find cryptocurrencies more attractive during unprecedent times, as cryptos do not behave as fiat currencies in the market. .....
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Why are AstraZeneca and Pfizer Share Price Under Investors’ Radar?
September 15, 2020 05:28 PM AEST| By Team Kalkine MediaThe COVID-19 storm that has created havoc in the world, is not showing any signs of abating with the world witnessing an ongoing increase in the number of new cases daily. According to the WHO (World Health Organization), globally, there have been .....
TikTok’s US operations to go Oracle way as Microsoft bid fails
September 15, 2020 02:18 PM AEST| By Team Kalkine MediaThe week commenced on a good note for Oracle Corporation, ahead of the 20 September 2020 deadline for the deal to be closed by ByteDance. The Trump administration had threatened to ban TikTok by 20 September 2020 following the issuance of the exec.....
Industrials rally as TSX Extends Gain on Monday
September 15, 2020 01:11 PM AEST| By Team Kalkine MediaBuoyed by the news of COVID vaccines and multimillion-dollar deals, the S&P/TSX Composite Index Monday added 137.68 points or 0.85% and closed at 16,360.14. Industrials stocks were the biggest gainers. The key Canadian index traded above its imm...
Major milestone: C$ 32 billion inflow into Canadian ETF industry
September 15, 2020 10:05 AM AEST| By Team Kalkine MediaOver C$ 32 billion flowed in the first eight months of 2020. The figure is higher than the historic annual inflow of C$ 28B in 2019. More than 700 ETFs are listed on the Toronto Stock Exchange. ...
Canada touches zero COVID death, markets upbeat
September 15, 2020 10:05 AM AEST| By Team Kalkine MediaFor the first time in six months, no new COVID-related death was reported in the country, said the health ministry. Markets are expected to react positively to this news. The country is slowly easing COVID-related restrictions. Total dea...
Amazon Set To Hire 100,000 Employees Across Canada and US
September 15, 2020 07:58 AM AEST| By Team Kalkine MediaAmazon has announced that this will be an addition to the 33,000 tech and corporate employees it already has. The tech giant said in a statement that it has plans of opening 100 new operations buildings in September. Amazon has been recru...
Canada Unlikely to Compensate Telecoms For Removing Huawei From 5G Network
September 15, 2020 07:54 AM AEST| By Team Kalkine MediaCanada has been mulling over allowing smartphone maker Huawei into its 5G network, as per media reports. Telecom operators in the country are said to have demanded a compensation from the government if they are forced to remove Huawei gear...
Canada to Impose ‘Dollar-for-Dollar’ Retaliatory Tariffs on US Products
September 15, 2020 07:50 AM AEST| By Team Kalkine MediaThe Canadian government plans to announce a series of counter-tariffs on US aluminum imports next week. This step comes in retaliation of US President Donald Trump levying a 10 per cent tariff on Canada's aluminum exports to the US. Earli...
Suncor, Air Canada and Aurora Cannabis: 3 Hot Trending Stocks Under C$ 20
September 15, 2020 07:20 AM AEST| By Team Kalkine MediaSummary Suncor Energy, Air Canada and Aurora Cannabis are three of the top trending stocks on the Toronto Stock Exchange this week. While Suncor saw a bump in its demand after Warren Buffet’s investment in August, Air Canada’s st...
SoftBank sheds assets, is it getting ready to go private?
September 14, 2020 08:44 PM AEST| By Team Kalkine MediaSoftBank Group Corp. (TYO:9984) share price surged 8.96% to settle the day at $6,385 on 14 September after the Company announced that it entered into an agreement to sell British chip designer Arm Holdings to Nvidia Corporation, ending SoftBank&rsq.....
China’s Exports Show Striking Growth Momentum While Imports Topple Amid Escalated Tensions
September 14, 2020 02:34 PM AEST| By Team Kalkine MediaChina’s hegemonic appetite serving as a major factor seems to have exacerbated the bitterness of its relationship with several nations. Despite its growing tensions with several economies, China’s trade scenario seems to ride out the st.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024