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How To File An IPO In Canada?
November 16, 2020 05:07 AM EST| By Team Kalkine MediaSummary The decision to publicly list a company is crucial as it calls for several requirements, structural changes, regulations and, not the least of all, significant costs. While the benefits of going public may seem appealing, it comes with .....
What is the Regional Comprehensive Economic Partnership?
November 16, 2020 02:15 AM EST| By Edita IvancevicAfter eight years of meetings, negotiations and discussions, Australia finally signed the Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, 15 November. RCEP is a big pact for Australia, as most of its imports and exports are conn.....
SpaceX, NASA Make History with First Crew Dragon Launch to Space
November 16, 2020 12:18 AM EST| By Hina ChowdharyAt EST 7:27 PM (Sunday 15 November 2020) the SpaceX Falcon 9 rocket and Crew Dragon spacecraft "Resilience" lifted off four astronauts to the International Space Station, making a historic launch from the Kennedy Space Centre of NASA in Florida. T.....
Everything you need to know about cryptocurrency and related tax regulations
November 16, 2020 03:34 PM AEDT| By Edita IvancevicThe hectic world of cryptocurrency never stops twisting and turning. Cryptocurrencies, primarily bitcoin, have evolved since they appeared for the first time over a decade ago. With significant technological developments and younger generations be.....
InMed Pharmaceuticals (TSX:GUD) Posts Net Loss In Q3 2020
November 15, 2020 06:36 AM EST| By Team Kalkine MediaThe net loss stood at C$2.1 million in Q1 FY21 (ended September 30, 2020) as compared to net loss of C$3.4 million a year ago. The company’s cash and cash equivalents and short-term investments were C$6.1 million by the end of Septem...
Biden Gets Ready for White House Despite Trump’s Refusal to Concede
November 14, 2020 08:52 AM EST| By Team Kalkine MediaThe presidential race to the White House has finally come to an end with Joe Biden elected as the 46th President of the US on Saturday, 7 November 2020. The Democratic presidential candidate won after giving a tough fight to outgoing US President D.....
Onex (TSX:ONEX) Declares Q3 2020 Results
November 14, 2020 06:36 AM EST| By Team Kalkine MediaOnex net earnings stood at C$515 million, which includes C$492 million from investing business and C$23 million from asset and wealth management business. Cash and cash equivalents stood at C$371 million, including C$ 246 from investing un...
Healthcare Pulls Up TSX Composite, Trillium Therapeutics Top Gainer
November 13, 2020 03:59 PM EST| By Team Kalkine MediaS&P/TSX Composite Index, the main index of the Toronto Stock Exchange, rose by approximately 93 points or 0.56% at 16,675.64, driven by solid strength in the Healthcare stocks, followed by Academic and Education Services, Consumer Cyclicals and R...
What does Biden taking the throne mean for US-EU trade relations?
November 13, 2020 12:22 PM EST| By Hina ChowdharyWith Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the previous president Donald Trump with regards to international trade damaged the trade channels sev.....
E-commerce boom: Brazil the next major country to reap the benefits
November 13, 2020 12:17 PM EST| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....
Media Firm BBTV (TSX:BBTV) Revenue Grows On Digital Ads
November 13, 2020 11:13 AM EST| By Team Kalkine MediaThe media company’s quarterly revenues touched C$120.7 Million, up 31% YoY, as advertisers flocked to digital mode. The Vancouver-based company reported an 18% increase in views to 121.2 billion in Q3 2020. Gross profit in latest qu...
PM Trudeau Likely To Announce Funds For Provinces Amid COVID
November 13, 2020 11:13 AM EST| By Team Kalkine MediaThe Canadian Prime Minister is expected to announce funds for hundreds of millions of dollars for skill training to provinces. The federal government had earlier declared funds worth C$3.5 billion earlier. The PM is pushing for strict mea...
Fiera Capital (TSX:FSZ) Revenues Grows by 6.7% YoY
November 13, 2020 11:12 AM EST| By Team Kalkine MediaThe independent asset management firm’s Q3 revenue was C$170.7 million as compared to C$160 million a yea ago. Net earnings in latest quarter stood at C$5.0 million as opposed to net losses of C$4.6 million in Q3 2019. The company a...
Supremex (TSX:SXP) Revenue Up 10.4% In Latest Quarter
November 13, 2020 11:12 AM EST| By Team Kalkine MediaThe packaging manufacturer’s total revenue surged to C$49.9 million from C$45.2 million in Q3 2019. Net earnings grew C$2.7 million in Q3 2020 from C$1.2 million in Q3 2019. Net cash flows from operating activities also increased to...
CCL (TSX:CCL) Q3 2020 Operating Income Up over 17%
November 13, 2020 11:11 AM EST| By Team Kalkine MediaOperating income went up 17.4 per cent year-over-year to C$246.3 million. Sales increased 1.2 per cent YoY to $1,373.4 million. Net earnings were C$153.3 million in Q3 2020 as compared to C$127.7 million same quarter last year. ...
Ford Unveils New All-Electric Commercial Transit Van
November 13, 2020 12:33 AM EST| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....
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S&P/TSX Composite Down 1.14%, Gold Futures Up
November 12, 2020 04:42 PM EST| By Team Kalkine MediaThe S&P/TSX Composite Index doffed 1.14% or 191.96 points to 16,582.18 on Thursday. However, despite the decline, the index still traded above its crucial long-term, short-term as well as immediate support levels of 200-day, 100-day, 50-day, 30-d...
Aimia Inc (TSX:AIM) Reports Q3 2020 Financial Results
November 12, 2020 10:15 AM EST| By Team Kalkine MediaThe company’s net loss in Q3 2020 stood at C$1.1 million, down from a net income of C$30.1 million same quarter last year. However, expenses decreased 16.2 per cent YoY to C$8.8 million. Aimia now has two segments (since Q2 2020): I...
Loblaw (TSX:L) Q3 Revenue Increases By 6.9%
November 12, 2020 10:14 AM EST| By Team Kalkine MediaRevenue surged to C$15.67 billion in third quarter 2020, up by over C$1 billion YoY. Operating income of C$718 million in Q3 2020, up 4.1% YoY. The consumer goods firm announced quarterly dividend of C$0.335. ...
International Energy Agency Slashes Oil Demand Forecasts
November 12, 2020 10:14 AM EST| By Team Kalkine MediaIEA reduced oil-demand projections for current quarter by 1.2 million barrels a day. The Paris-based agency cut down outlook due to new containment measures and unavailability of vaccines immediately. Fossil fuel will not witness any boos...
