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News
Is iPhone maker Apple Inc. going to launch new audio tech?
October 12, 2020 12:24 AM AEDT| By Edita IvancevicAs part of its regular retail set-up, tech giant Apple Inc. (NASDAQ:AAPL) is selling third-party products that should, according to the Cupertino-based Company, enhance all features that iPhones offer to the users. That said, it comes as a surpris.....
Trump boasts of pushing FDA to deliver, Claims Vaccine to Come out Shortly
October 12, 2020 12:20 AM AEDT| By Team Kalkine MediaOn 7 October 2020, President Trump stated that new rules given by the Food and Drug Administration (FDA) make it more challenging for them to fast-track development of COVID-19 vaccines for approval before Election Day. He also stated it just anoth.....
Cargojet (TSX:CJT) and Kinaxis (TSX:KXS): 2 Logistic Stocks to Explore
October 11, 2020 11:19 PM AEDT| By Kunal SawhneySummary Companies are using traditional logistic channels and have embraced technology like never before to ensure their delivery targets are met in these challenging times Cargojet (TSX:CJT) and Kinaxis (TSX:KXS) are two trending logistic stoc.....
Legendary Tech Player IBM Prepares for Mitosis Moment, Focus Shifts on to Cloud
October 11, 2020 01:30 AM AEDT| By Kunal SawhneyAfter 109 years of history in IT infrastructure services, IBM is now spinning off onto a new cloud. International Business Machines Corp (IBM) is splitting itself into two public companies. One which focuses on hybrid cloud platforms and artificial.....
The World of Cinema is History? Cineworld bids adieu, albeit temporarily
October 11, 2020 01:00 AM AEDT| By Kunal SawhneyWith the new James Bond film ‘No Time To Die’ getting shelved until 2021, the regressing question mark in front of the global film industry is bolstered. The bleak truth surrounding the cinema theatres forced S&P Global Ratings to s.....
Radient Technologies (TSXV:RTI) announces private placement for up to C$4 million
October 11, 2020 12:06 AM AEDT| By Team Kalkine MediaThe cannabinoid firm announce offered 40 million shares, each priced at C$ 0.10. Gross proceeds raised will be used for general corporate purposes. The offering close date is October 16, 2020. ...
Walmart Canada to hire 10000 people
October 10, 2020 11:47 PM AEDT| By Team Kalkine MediaWalmart has announced C$3.5-billion investment in Canada in July. Hiring will be conducted for e-commerce, merchandising, fresh food, customer experience, warehouse and drivers. Retail giant Lowe's Canada is also hiring over 625 positions...
Ontario shuts restaurants, gyms, cinemas amid COVID cases resurgence
October 10, 2020 11:45 PM AEDT| By Team Kalkine MediaIndoor businesses will stay closed for 28 days from Saturday onwards in Ontario (including Toronto, Ottawa and Peel). Premier Doug Ford said the province will set aside C$ 300 million to help affected companies. The announcements come ahe...
TSX Extends Gains, TD Bank & Aurora Cannabis Most Active Stocks
October 10, 2020 01:01 PM AEDT| By Team Kalkine MediaCanada’s broad benchmark index, the S&P/TSX Composite, extended gains for the third straight day and added ~28 points or 0.17% to 16,562.81 on Friday. Basic materials, technology and industrials pushed the index higher. However, energy, fin...
Innergex & TransAlta: 2 CleanTech Stocks as Canada Moves to Ban Single-Use Plastic
October 10, 2020 11:32 AM AEDT| By Team Kalkine MediaSummary Only 9 per cent of the 3 million tons of plastic waste is recycled in Canada, shows government data. It is estimated that approximately C$11 billion worth of plastic materials will be disposed each year by 2030, if no steps are taken. .....
Mountain Equipment Co-op to lay off fewer employees than planned
October 10, 2020 06:01 AM AEDT| By Team Kalkine MediaThe Vancouver-based company is being acquired by US-based Kingswood Capital Management Ltd. MEC said 85 per cent of its workforce will remain employed, as against the previous figure of 75 per cent ...
Canadian Cannabis Retailers acquires CannSell education program
October 10, 2020 06:01 AM AEDT| By Team Kalkine MediaCannSell, developed by Lift & Co and Mothers Against Drunk Driving Canada, offers cannabis retail education program in Ontario. The program was acquired from Gotham Green Partners, the security interest holder of Lift & Co.’s...
MTY Food (TSX:MTY) reports Q3 2020 earnings
October 10, 2020 06:00 AM AEDT| By Team Kalkine MediaMTY Food Group Inc posted 16 per cent YoY dip in revenues to C$ 135.4 million in third quarter ending 31 August 2020. System-wide sales dropped by 17 per cent YoY to C$ 897.5 million in Q3. The restaurant brand ended the quarter with C$...
Canada adds 378,000 jobs in September
October 10, 2020 06:00 AM AEDT| By Team Kalkine MediaThe employment in September rose by 2.1 per cent month-on-month. Employment is now within 720,000 (-3.7%) from pre-COVID levels in February. This is the fifth straight month of job gains, indicating a rebound in the labor market that lost...
TSX index up 59.4 points in early trade
October 10, 2020 05:59 AM AEDT| By Team Kalkine MediaThe S&P/TSX composite index gained 59.4 points or 0.36% to touch 16,593.94 at 9:30 am ET, Friday. The surge was led by encouraging employment figures revealed by Statistics Canada. Tech index was up 0.68%, while industrials in...
4 Buzzing Game Stocks: Microsoft Xbox, Sony PS5, GameStop & Enthusiast
October 10, 2020 05:56 AM AEDT| By Team Kalkine MediaAs the Covid-19 pandemic forces us to stay indoors, consumption of content on digital platforms has soared. Not just over-the-top (OTT) platforms, but e-sports and e-gaming segments are also witnessing a rush of users and hence, jump in revenues. A.....
Bank of Canada Chief Warns of Future Financial Vulnerabilities: What to Expect
October 10, 2020 05:53 AM AEDT| By Team Kalkine MediaBank of Canada governor Tiff Macklem; Source: Bank of Canada Summary Bank of Canada governor Tiff Macklem, in his speech on Thursday, warned Canadians about being “dangerously over-leveraged”. He assured that the central bank...
Bidenomics plus Democrat Majority could supercharge the Economy as per one Street voice
October 10, 2020 04:55 AM AEDT| By Team Kalkine MediaOn 29 September 2020, the world witnessed the very first edition of the US Presidential debate between Donald Trump and Joe Biden and Trump’s showcase of shout fest and lines of mistaken assertions, gave Democrat opponent Biden the much neede.....
TSX Composite Gains 106.24 points; Canopy, Bausch & Aphria top gainers
October 09, 2020 01:57 PM AEDT| By Team Kalkine MediaThe TSX Composite Index closed at a higher note for the second consecutive day, up 0.65% or 106.24 to 16,534.54. During the day trading hours, the index tested a high of 16,539.13 and a low of 16,481.57. It traded at a Price-to-Earnings (PE) multiple...
Electronic Major Samsung third quarter profit likely Surged by 58%
October 09, 2020 01:40 PM AEDT| By Team Kalkine MediaThe recent economic history has it that during the slowdown induced by Covid-19 pandemic, numerous companies including many consumer electronics companies suffering huge losses. But the slowdown and the lockdowns were unable to hamper the growth of.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2025