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News
Joe Biden Vs. Donald Trump: Who Is Winning US Election 2020?
November 06, 2020 12:30 AM AEDT| By Team Kalkine MediaDemocratic party candidate and former vice president Joe Biden is taking on Republican party’s nominee and current President Donald Trump locked in a tight race in the ongoing US Presidential election 2020. Biden is supported by California Se.....
In 2000, Delayed Election Results Saw Stock Markets Tank
November 05, 2020 11:50 PM AEDT| By Kunal Sawhneyto gear up for possible outcomes. Long before the counting of votes for the 2020 US elections even began, President Donald Trump had promised that he would take the matter to the Supreme Court if majority of ballots didn’t lean his way. No...
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Bitcoin Again Making News, More Steam left in the recent rally?
November 05, 2020 04:51 PM AEDT| By Hina ChowdharyBitcoin :(BTC) Back in the News: Will it be able to sustain the recent rally? Chart Source: Thomson Reuters Refinitiv On technical charts, Bitcoin broke the symmetric triangle pattern in the month of October. Prices are currently facing s.....
ASX market rises, following Wall Street’s rally before the US elections result
November 05, 2020 02:27 PM AEDT| By Kunal SawhneyFinally, the world is closer than ever to witness, probably the most important event for the world nowadays, i.e. outcome of the 59th quadrennial US presidential elections. With the current count of 264 electoral votes in favour of Joe Biden, the m.....
Crude Oil rallies over 4% in three days, what is keeping the bulls busy?
November 05, 2020 01:17 PM AEDT| By Hina ChowdharyThe Crude oil prices jumped early on 03 November 2020, with Brent benchmark crude prices back above the $40 per barrel, fresh rally in the financial markets and a weaker U.S. dollar on Election Day are considered the main reason for the recent jump.....
S&P/TSX Composite Up for Third Straight Day, Technology and Real Estate Lead
November 05, 2020 08:28 AM AEDT| By Team Kalkine MediaThe main index of the Toronto Stock Exchange, TSX Composite, went up for the third consecutive day and added 59.59 points or 0.37% to 15,998.74 on Wednesday. At the closing, S&P/TSX Composite Index featured a dividend yield of 3.65% and traded at...
US Elections 2020: How Are Stock Markets in Canada & US Reacting?
November 05, 2020 08:22 AM AEDT| By Team Kalkine MediaThe counting day for the US presidential elections 2020 is here and so far, the competition between President Donald Trump and Democrat candidate Joe Biden has been red hot. Biden, on whose favor most polls had been, is leading 224 states at the ti.....
AU & US Earnings beat expectations but future still looks gloomy
November 05, 2020 06:00 AM AEDT| By Team Kalkine MediaThe coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in the earnings, the recovery has been quite fast across sectors. Looking at the third quarter perfor.....
Dollarama (TSX:DOL) Appoints New CFO
November 05, 2020 05:09 AM AEDT| By Team Kalkine MediaMichael Ross will be stepping down from his role as a chief financial officer after over a decade with Dollarama. He will continue to stay on in an advisory capacity until retirement to ensure a seamless transition. Jean-Philippe (J.P.) Towner wil.....
Indigo (TSX:IDG) Reports Revenue Increase of C$205.3 million in Q2 2021
November 05, 2020 05:08 AM AEDT| By Team Kalkine MediaIn the second quarter of fiscal 2021, the company’s revenues increased by C$1.9 million, from C$203.4 million in the same period last year The company’s online channel delivered double growth of 113.6 per cent, further compleme...
Automation Tooling Systems (TSX:ATA) Q2 FY21 Revenues Down By 2%
November 05, 2020 05:08 AM AEDT| By Team Kalkine MediaATS reported revenues of C$ 335.5 million in the second quarter of FY21, down 2 per cent YoY. The company posted an EBITDA of C$ 41.5 million in Q2 FY21, compared to C$ 49.8million in Q2 FY20. The automation company registered earnings pe...
B2Gold (TSX:BTO) Q3 2020 Gold Revenue Surges By 57% YoY
November 05, 2020 05:07 AM AEDT| By Team Kalkine MediaB2Gold reported consolidated gold production of 263,813 ounces in the third quarter of 2020. B2Gold posted a quarterly consolidated gold revenue of C$ 487 million, a growth of 57 per cent compared to Q3 2019 (excluding discounted operation...
Canopy Growth Corp (TSX:WEED) To Shift NYSE Listing To NASDAQ
November 05, 2020 05:06 AM AEDT| By Team Kalkine MediaCanopy Growth Corp announced that it will be shifting its U.S. stock exchange listing from the NYSE to the Nasdaq Global Select Market. The stock will be trading for the last time on NYSE on November 13, 2020. Canopy’s stock...
Opening Bell: Canadian Markets Rise Amid US Election Result Ambiguity
November 05, 2020 05:04 AM AEDT| By Team Kalkine MediaCanadian equity markets traded in green on Wednesday morning as a nail-biting electoral contest unfolded across the border. No clear picture emerged in the US election results 2020 with Republican Donald Trump and Democrat Joe Biden locked in a tight...
Joe Biden vs Donald Trump: What’s At Stake For Canada?
November 04, 2020 10:30 PM AEDT| By Team Kalkine Medias trade ties China and North American protectionism measures. It is well after midnight, and it is still unclear who will claim the presidential throne in the United States in 2020. At the time of filing this story, Republican presidential nomin...
Ant Group’s Race to world’s biggest IPO Abruptly Derailed, Regulator Raises Red Flag
November 04, 2020 07:01 PM AEDT| By Team Kalkine MediaWhat was supposed to be the world’s biggest Initial Public Offering (IPO) by financial technology company Ant Group, came to an abrupt halt in Shanghai and Hong Kong when Chinese regulators waved a red flag, derailing a record USD 34.5 billio.....
US Election 2020: Trump or Biden? Trudeau Says Canada is Prepared
November 04, 2020 05:50 PM AEDT| By Kunal SawhneyWatching the US election 2020 unfold, Canadian Prime Minister Justin Trudeau says Canada is prepared for potential outcomes and is hoping for a smooth transition during the US election 2020. Current president Donald Trump, who’s been question.....
How Would The US Election 2020 Results Impact Canada's COVID Recovery?
November 04, 2020 04:51 PM AEDT| By Team Kalkine MediaLate Canadian Prime Minister Pierre Trudeau had once famously likened having a neighbor like the United States to "sleeping with an elephant”, in the sense that its movements had a cascading impact on Canada. With the US presidential election.....
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Volatility In Gold And Crude Surges On The Heels Of US Presidential Elections 2020
November 04, 2020 02:50 PM AEDT| By Team Kalkine MediaGold prices are back in focus as the U.S. 2020 presidential election reaches the crescendo. The gold spot market has demonstrated an upper bounce during the trading session on 4 November 2020 with gold spot surging from the recent low of USD 1,859......
TSX Composite Index Extends Gains, Education Services & Financials Lead
November 04, 2020 08:15 AM AEDT| By Team Kalkine MediaMain Canadian index, the S&P/TSX Composite Index, extended gains for the second consecutive day and bagged approximately 242 points or 1.54% to 15,939.15 on Tuesday. The index traded above its long-term support level of 200-day simple moving aver...
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