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Bombardier (TSX:BBD) & TFI International (TSX:TFII): 2 Industrial Stocks Gaining Traction
October 14, 2020 07:36 AM EDT| By Team Kalkine MediaSummary Bombardier’s revenues saw a sharp fall in the second quarter of 2020 to C$2.7 billion from C$4.3 billion in Q2 2019. Logistics company TFI International’s stock has gained 53 per cent year-to-date. Both these industrial sto.....
Trump was gung-ho on Eli Lilly Drug; Company hits pause button for COVID-19 antibody treatment
October 14, 2020 07:33 AM EDT| By Team Kalkine MediaThe clinical trial of pharmaceutical company Eli Lilly and Company’s antibody COVID-19 treatment was paused because of some potential safety concerns. Eli Lilly announced trial halt just a day after Johnson & Johnson disclosed the pause o.....
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Apple unveils HomePod Mini and a range of iPhones; accessibility remains the key theme
October 14, 2020 07:00 AM EDT| By Team Kalkine MediaApple finally unveiled its new range of 5G network-enabled iPhone 12 smartphones along with HomePod Mini speaker in its virtual presentation. When everyone thought Apple would launch a new iPhone, it came up with four and launched a wide range of o.....
TSX Composite Down 0.31%; BlackBerry and Aphria top gainers
October 13, 2020 10:42 PM EDT| By Team Kalkine MediaThe broader index of Canada, TSX Composite, declined approximately 52 points or 0.31% to 16,510.83 on Wednesday. The index settled lower after three consecutive days of winning streak. However, it traded above its crucial long-term as well as short-t...
Amazon (NASDAQ:AMZN) Stock Surges Amid Prime Day Event
October 13, 2020 01:27 PM EDT| By Team Kalkine MediaSummary Stocks of Amazon Inc (NASDAQ: AMZN) jumped nearly five per cent on Monday ahead of its Prime Day event. Delayed from its usual slot in July, the two-day Prime Day sale is now set to run on October 13 and 14. Amazon workers in Germany h.....
Who is Amy Coney Barrett, Trump’s Supreme Court nominee?
October 13, 2020 11:09 AM EDT| By Edita IvancevicAfter the tragic death of Ruth Bader Ginsburg, the Supreme Court Judge nominated by the former US President Bill Clinton, Judge Amy Coney Barrett is set to take over Ms Ginsburg’s place in the highest court in the world. Ms Barrett’s f.....
CRA opens application window for Canada Recovery Benefit
October 13, 2020 08:14 AM EDT| By Team Kalkine MediaAfter the initial technical glitch, Canada Revenue Agency’s website is now up and running. Canadians can apply for Canada Recovery Benefit (CRB) program by applying on the official website. The CRB will pay C$ 500/week for up to 26...
Kirkland Lake (TSX:KL) reports Q3 2020 production results, announces dividend
October 13, 2020 08:13 AM EDT| By Team Kalkine MediaThe latest quarter (ending September 30, 2020) production was 339,584 ounces, up 37 per cent year-over-year. Kirkland also announced quarterly dividend of US$ 0.1875 per share. The company closed the quarter with US$848 million cash and n...
OceanaGold (TSX:OGC) lays off 496 employees, warns of more job cuts
October 13, 2020 08:13 AM EDT| By Team Kalkine MediaThe layoffs were implemented at the Didipio mines in Philippines, said the gold mining company in a statement. Nearly 400 contract workers have been impacted. The gold miner warned of a second round of layoffs in mid-November. The job cu...
International Energy Agency calls for aggressive carbon emission cuts
October 13, 2020 08:12 AM EDT| By Team Kalkine MediaThe IEA, world’s top body for energy supply and sustainable future, claimed that the world is heading towards global warming at an accelerated pace. In its 2020 World Energy Outlook, the organization projected a ‘Delayed Recove...
Air Canada (TSX:AC) revises Transat AT’s (TSX:TRZ) acquisition deal
October 13, 2020 08:12 AM EDT| By Team Kalkine MediaCash-strapped Air Canada has lowered its acquisition offer price for tour operator Transat AT Inc. The airline slashed its purchase price to C$5 a share from the previous C$18, said Air Canada in a statement. This values Transat at about...
How is EV battle going; Is Volkswagen catching up with Tesla (NASDAQ:TSLA)?
October 13, 2020 05:34 AM EDT| By Team Kalkine MediaTo save itself from extinction and recover its damaged image from the Dieselgate scandal, Volkswagen (VW) perhaps has the only option but to come out stronger as a greener automaker and reinvent its brand position in the market. Notably, Volkswagen.....
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Is This the Consolidation Phase for Gold and Silver? Are There any Surprises?
October 13, 2020 12:47 AM EDT| By Team Kalkine MediaGold Spot Multi-Contributor (XAU/USD) on Technical Chart Gold Spot Multi-Contributor (XAU) Monthly Chart (Source: Refinitiv Eikon Thomson Reuters) Gold prices were on an upswing on 09 October 2020, and closed at USD 1929.43, up by 1.87%. Gold i.....
Billionaire Trend On The Rise During COVID-19
October 13, 2020 12:37 AM EDT| By Edita IvancevicMany people who had full-time and secured jobs before the pandemic have either lost them or experienced underemployment since the virus struck humanity in January earlier this year. At the same time, a report has highlighted that the richest humans.....
How is Facebook behaving during this US Elections?
October 12, 2020 09:10 AM EDT| By Hina ChowdharyThe social media world, like so many other spheres, features a stark divergence in its way of functioning before, during and after the elections. In the 2016 US election, Donald Trump’s surprising win forced researchers to reinterpret the nar.....
Bitcoin Finds Acceptance Among Corporates; Square Invests USD 50 Million
October 13, 2020 12:05 AM AEDT| By Team Kalkine MediaThe disruptive year 2020 has altered the world at different levels. At a time when sectors like aviation, hospitality, and tourism experienced their worst crisis in history, technology has been advancing at a fast pace to meet the.....
Stock Market gains make the World’s Richest grow Richer handsomely
October 12, 2020 04:33 AM EDT| By Team Kalkine MediaOne secret behind the “Super Wealth” of the “super-wealthy” people can be summed up in two words “Stock market”. This is one vehicle which has been an essential part of wealth creation for all of the wealthy peop.....
Do Google, Facebook, Amazon, Google, and Apple allow fair competition?
October 12, 2020 03:31 AM EDT| By Edita IvancevicWe all have heard of massive tech players Facebook, Amazon, Google, or Apple. As these companies have been in a dominating position for many years, American authorities wanted to find out if they became too powerful and established a monopolised do.....
Air Canada, Delta Air Lines and United Airlines: Why Are These Airline Stocks Trending?
October 12, 2020 12:21 AM EDT| By Kunal SawhneySummary Many airline companies have recently urged governments to ease the COVID-related travel restrictions. Stocks of US airline companies like United Airlines and Delta Air Lines rose recently after President Donald Trump announced plans to .....
8 Stocks to Explore on Canadian Thanksgiving 2020
October 12, 2020 12:14 AM EDT| By Team Kalkine MediaSummary Grocery retailers Metro Inc (TSX: MRU), Goodfood Market Corp (TSX: FOOD) and Loblaw Companies (TSX: L) are currently trending on the TSX ahead of Thanksgiving. Shares of liquor companies Rocky Mountain Liquor Inc (TSX: RUM) and Alcanna .....
