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Automation Tooling Systems (TSX:ATA) Q2 FY21 Revenues Down By 2%
November 04, 2020 01:08 PM EST| 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 04, 2020 01:07 PM EST| 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 04, 2020 01:06 PM EST| 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 04, 2020 01:04 PM EST| 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...
Impact of 2020 US Election on Canada’s Aluminum & Energy Sector
November 04, 2020 07:30 AM EST| By Team Kalkine MediaSummary Tensions escalated between the two neighbors after US President Donald Trump imposed 10 per cent tariff on non-alloyed unwrought aluminum imports from Canada. Biden’s push for “Buy American” approach promises to bring .....
Joe Biden vs Donald Trump: What’s At Stake For Canada?
November 04, 2020 06:30 AM EST| 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 03:01 AM EST| 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 01:50 AM EST| 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 12:51 AM EST| 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 03, 2020 10:50 PM EST| 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 03, 2020 04:15 PM EST| 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...
Genworth MI (TSX:MIC) Q3 Net Income Up 12% YoY
November 03, 2020 01:08 PM EST| By Team Kalkine MediaThe residential mortgage insurer’s net income for its latest quarter is C$124 million and net operating income is C$119 million. The loss ratio was 13%, down 5 points year-over-year. It announced quarterly dividend of C$0.54 per com...
Hyundai Canada Posts Best Ever October Sales On Record
November 03, 2020 01:07 PM EST| By Team Kalkine MediaThe carmaker touched a new high, selling 12,239 units in October 2020, up 5% YoY. This is the third consecutive months of record sales. The automobile firm recently launched Elantra 2021 edition and the enhanced Santa Fe, which is set to...
Bausch Health Companies’ (TSX:BHC) Q3 2020 Revenues Climb 28% QoQ
November 03, 2020 01:06 PM EST| By Team Kalkine MediaIn the third quarter of 2020, Bausch Health’s revenue surged 28 per cent quarter-over-quarter. However, the company registered revenues of C$2.138 billion for Q3 2020, a drop of three per cent YoY. As per Bausch’s outlook for...
Cargojet (TSX:CJT) Reports Revenues For Q3 2020
November 03, 2020 01:06 PM EST| By Team Kalkine MediaCanadian freight carrier Cargojet reported total revenues of C$162.3 million for Q3 2020, up from C$117.4 million in Q3 2019. The company registered an adjusted EBITDA of C$78.1 million for Q3 2020, as compared to C$39.1 million in Q3 2019...
Thomson Reuters (TSX:TRI) Records 21% YoY Rise In Operating Profit
November 03, 2020 01:05 PM EST| By Team Kalkine MediaThomson Reuters’ IFRS revenues and organic revenues climbed 2 per cent year-over-year (YoY) in the third quarter of 2020. The company’s operating profitincreased 21 per cent year-over principally due to lower expenses and highe...
SpaceX Starlink & Telesat Lead Canada’s Satellite Internet Trend
November 03, 2020 11:52 AM EST| By Kunal SawhneySummary Telesat is reportedly set to launch an initial public offering (IPO) in 2021. The Ottawa-based satellite communications company is also reportedly in advanced discussions with suppliers for its LEO program. SpaceX said that it conducte.....
Q3 2020 Earnings Season: Spotlight on Aecon (TSX:ARE) & First Quantum (TSX:FM)
November 03, 2020 11:42 AM EST| By Kunal SawhneySummary Aecon registered a gross profit of C$ 162.2 million for the third quarter of 2020, up by 34.5 per cent YoY. First Quantum Minerals posted a gross profit of C$ 346 million for Q3 2020 compared to C$ 150 million for Q3 2019. First Quantu.....
Bombardier, Canadian National Railway & Canadian Pacific Railway: 3 Trending Industrial Stocks
November 03, 2020 09:38 AM EST| By Hina ChowdharySummary Bombardier Inc. (TSX: BBD.B) has been on a steady decline since March 19. The stock is down by 84.71 per cent this year. Canadian Pacific Railway (TSX: CP) reports 6 per cent revenue decrease to C$1.86 billion in Q3 2020. In the seven .....
Mission Ready Solutions (TSXV:MRS) & CAE (TSX:CAE): 2 Canadian Defense Stocks
November 03, 2020 09:31 AM EST| By Kunal SawhneySummary A man dressed in medieval clothing armed with a knife, left multiple victims injured and two dead near the parliament area in Quebec City. Mission Ready Solutions Inc has 11 government contracts valued at US$11 billion. The stock gained.....
