AUS
NZ
UK
CA
USA
IND
News
Pembina Pipeline (TSX: PPL) Q3 Earnings Down 14% to C$318 million
November 08, 2020 05:11 AM EST| By Team Kalkine MediaThe Calgary-based company’s earnings were impacted due to higher gross profit in pipeline and facilities and weakened energy demand resulting from ongoing Covid-19 pandemic. The net revenues increased from C$751 million in Q3 2019 to C$849 m.....
Hive Blockchain, The Westaim & Founders Advantage: 3 TSXV Financial Stocks To Explore
November 08, 2020 04:19 AM EST| By Hina ChowdharySummary The scrips of HIVE Blockchain Technologies Ltd gained 450+ per cent YTD. The Westaim Corporation has stakes in investment firms Arena and HIIG group. Founders Advantage Capital Corp generated revenue of C$15 million in Q2 2020. &nbs.....
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 07, 2020 08:14 AM EST| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....
Why did the streaming video service Quibi fall?
November 07, 2020 08:10 AM EST| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....
BCE (TSX:BCE) Net Earnings Down 19.7% YoY In Q3 2020
November 07, 2020 05:10 AM EST| By Team Kalkine MediaNet earnings surged to C$5.7 billion in Q3 2020, from C$5.9 billion a year ago. The operating revenue slumped by 2.6% YoY to C$740 million in the latest quarter. Free cash flow at the end of Q3 2020 is C$1.03 billion, down from ~C$1.17 bi...
Canadian Merchandise Exports Up 1.5% In September
November 07, 2020 05:09 AM EST| By Team Kalkine MediaThe Canada's merchandise exports rose to C$45.5 billion on the back of higher lumber and aircraft trade. Canadian merchandise imports also up 1.5% to C$48.8 billion. On quarterly scale, exports increased by 26.8% in the third quarter whil...
Ethereum 2.0 Set to Go Live On 1 December, May Outperform Bitcoins
November 07, 2020 04:00 AM EST| By Kunal SawhneyThe next-generation version of the Ethereum blockchain, which has been in the works for many years, is set to go live on 1 December 2020. The newly launched Ethereum 2.0, which was originally slated to go live on 3 January 2021, will see the block.....
TSX Index Weighed Down by Energy Sector
November 06, 2020 03:41 PM EST| By Team Kalkine MediaThe benchmark S&P/TSX Composite Index traded slightly lower at 16,282.82, down 15 points or 0.09% on Friday. At the close, the index was featuring a dividend yield of 3.62% and traded at a Price-to-Earnings (PE) multiple of 19.73x. Overall inves...
Stock Markets On The Rise Despite No Clear US Presidential Winner
November 06, 2020 01:49 PM EST| By Team Kalkine MediaSummary Democratic presidential candidate Joe Biden is closer to the winning mark of 270 seats while current President Donald Trump is trailing. Investors are hoping for the ballot counting to quickly result in a clear winner as past experience.....
Enbridge Inc (TSX:ENB) Q3 GAAP Earnings Up 4% YoY
November 06, 2020 01:49 PM EST| By Team Kalkine MediaEnbridge Inc reported GAAP earnings of C$990 million in the third quarter of 2020, an increase of nearly four per cent year-over-year from C$949 million in Q3 2019. The Canadian energy company’s cash from operating activities amounte...
Magna International (TSX:MG) Sales Down By 2% YoY in Q3
November 06, 2020 01:48 PM EST| By Team Kalkine MediaMagna International Inc recorded sales of US$ 9.1 billion in the third quarter ending 30 September 2020. The automotive company’s adjusted EBIT stood at US$ 778 million in Q3 2020, up from US$ 558 million in Q3 2019. Magna International gen.....
Canada’s Employment Rebound Slowed Down In October Amid COVID Second Wave
November 06, 2020 01:48 PM EST| By Team Kalkine MediaAfter 378,000 jobs in September, the Canadian economy reportedly saw job additions decelerate to about 83,600 jobs in October, as per Statistics Canada. The fall in numbers brought Canada’s unemployment rate down from nine per cent i...
Software Company Ceridian HCM Holding (TSX:CDAY) Q3 Financial Results Out
November 06, 2020 01:47 PM EST| By Team Kalkine MediaSoftware service provider Ceridian HCM Holding’s posted a total revenue of US$ 204.4 million in its third quarter of 2020, marginally up one per cent year-over-year. It incurred a net loss of US$ 0.8 million in Q3 2020, as compared t...
OpenText (TSX:OTEX) Revenues Climb 15.4% In Latest Quarter
November 06, 2020 01:46 PM EST| By Team Kalkine MediaThe total revenue climbed stood at US$804 million. The cloud services and subscription revenues increased by 43.7 per cent year-over-year to US$341 million. Its net income increased to US$103.4 million in Q1 FY2021, up from US$74.4 millio...
A Walk Through European EV market: How Government Subsidies & Cost-Effective Models Pushing Demand?
November 06, 2020 12:09 PM EST| By Hina ChowdharyThe mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dismal trends of COVID-19. Significantly, the rise of EV vehicles promises a new dimension worldwide, .....
5 emerging Tech trends to rock the world after coronavirus
November 06, 2020 11:59 AM EST| By Kunal SawhneyThe value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19. With work from home becoming the new normal, technology is playing a significant role in supportin.....
Pot Stocks Rally As Cannabis Producers Set Sights on Green Wave in US
November 06, 2020 08:40 AM EST| By Team Kalkine MediaSummary New York State’s governor Andrew Cuomo expressed probability of legalizing recreational pot next year. Canadian pot producers have their sights set on entering the lucrative US cannabis market, and once the recreational pot gets l.....
Lightspeed POS (TSX:LSPD) Stocks Rally After 62% YoY Revenue Growth & Asset Purchase
November 06, 2020 07:21 AM EST| By Kunal SawhneySummary Lightspeed POS (TSX: LSPD) shares are currently trending on the TSX, having jumped 24 per cent so far in November. It also recently hit headlines with its second quarter 2021 financial results, in which it posted a revenue growth of 62 .....
Toromont (TSX:TIH) & goeasy (TSX:GSY): Two Stocks In Recovery Mode
November 06, 2020 07:12 AM EST| By Hina ChowdharySummary Shares of Toromont have soared by 32.79 per cent in the last six months. Toromont’s stock has surged 22.20 per cent year-to-date (YTD). goeasy’s stock has swelled over 231 per cent since the pandemic led market crash on Mar.....
Investors Lap Up Gold & Consumer Stocks Amid 2020 US Election Results Uncertainty
November 06, 2020 07:01 AM EST| By Team Kalkine MediaSummary US President Donald Trump has threatened to challenge the election results in the Supreme Court in case of a loss, which would delay the process of having a clear winner. In the past, a dragged-out vote-recounting in US presidential ele.....
