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Financial
Is Dominion Lending (DLCG) a new TSX financial stock to buy?
March 29, 2022 03:24 AM AEDT| By Kajal JainHighlights Dominion Lending Centres Inc (TSX: DLCG) is a British Columbia-based mortgage firm that recently graduated to the Toronto Stock Exchange (TSX) and commenced trading its Class A shares on February 3. Founded in 2006, the financial ser.....
HUT & HIVE: 2 Canadian crypto stocks to watch as Bitcoin tops $42,000
March 10, 2022 02:25 AM AEDT| By Kajal JainBitcoin, Ethereum and other major digital tokens rallied in the early hours of Wednesday, March 9, amid reports that US President Joe Biden is set to ink an executive order on cryptocurrencies later in the day. The executive order is said to aim a.....
BNS, CM & RBA: Celebrate Women’s Day 2022 with these TSX stocks
March 09, 2022 03:45 AM AEDT| By Kajal JainEvery year, people worldwide celebrate International Women’s Day on March 8 to honour the contribution made by women and girls in bettering their lives and those around them. This year, the theme for International Women’s Day is .....
Why CloudMD (TSXV: DOC) stock swelled 19% in a day and began trending?
March 05, 2022 02:15 AM AEDT| By Kajal JainCloudMD Software & Services (TSXV: DOC) has been turning heads on the markets after its stock swelled by over 19 per cent on Thursday, March 3. This sharp increase in its stock prices came after the healthcare technology provider announced a n.....
RY & Scotiabank (BNS) raise prime rate after BoC's move: Buy alert?
March 05, 2022 12:57 AM AEDT| By Kajal JainHighlights Royal Bank of Canada (TSX: RY) and Bank of Nova Scotia (TSX: BNS), on the heels of the BoC announcement, also raised their prime lending rate, effective from March 3. Some market analysts believe that benchmark interest rates can fur.....
Grab (GRAB) vs Rocket (RKT): Which is a better financial stock?
March 04, 2022 10:39 PM AEDT| By Raza NaqviStocks of Grab Holdings Limited (NASDAQ:GRAB) declined 37.3 per cent during the trading session on Thursday, March 3, as investors were left disappointed due to its financial results for the fourth quarter and fiscal 2021. Grab Holdings develops d.....
Is TD Bank (TSX: TD) worth a buy as its profit surges 14% YoY in Q1?
March 04, 2022 12:29 AM AEDT| By Kajal JainToronto-Dominion Bank (TSX: TD) began trending on the stock markets as it released its Q1 FY2021 results on Wednesday, March 3, wrapping up the first earnings season of fiscal 2022 for the big six banks in Canada. After the Bank of Canada rate hik.....
Is BMO stock a buy as Bank of Montreal’s profit swells 45% YoY in Q1?
March 02, 2022 02:10 AM AEDT| By Kajal JainBank of Montreal (TSX: BMO) is turning heads on the stock markets after reporting its quarterly results for Q1 FY2022 on Tuesday, March 1. The Toronto-headquartered banking company said that it recovered C$ 99 million in provision for credit losse.....
Scotiabank (TSX: BNS) sees profit rise to $2.7B in Q1. Buy alert?
March 02, 2022 01:03 AM AEDT| By Kajal JainBank of Nova Scotia (TSX: BNS), alternatively known as Scotiabank, is trending on the stock markets in the light of its latest quarter earnings results released on Tuesday, March 1. Scotiabank noted a return on equity (ROE) of 15.8 per cent in the.....
Toronto-Dominion (TD) to buy First Horizon (FHN). Bank stocks to bag?
March 01, 2022 03:18 AM AEDT| By Kajal JainFirst Horizon Corporation (NYSE: FNH, FNH: US) and Toronto-Dominion Bank (TSX: TD) made headlines on Monday morning, February 28, after the two shared their plans of a merger. While this acquisition plan is being dubbed as TD’s biggest deal .....
National Bank (TSX: NA) sees Q1 profit rise 23%. A bank stock to bag?
February 26, 2022 03:12 AM AEDT| By Kajal JainNational Bank of Canada (TSX: NA), on Friday morning, February 25, reported its first-quarter results for fiscal 2022 ending January 31 this year. Having closed at C$ 100.83 on Thursday, NA stocks were trading about one per cent higher at C$ 102.2.....
Is CIBC (TSX: CM) a bank stock to buy as its profit soars 15% YoY?
February 26, 2022 02:58 AM AEDT| By Kajal JainCanadian Imperial Bank of Commerce, popularly termed CIBC, is drawing investors' attention after releasing its first-quarter results on Friday morning, February 25. CIBC said that, on a quarter-over-quarter (QoQ) basis, its net income increased by.....
Royal Bank (RY) & CIBC (CM): 2 TSX financial stocks to keep an eye on
February 24, 2022 02:25 AM AEDT| By Kajal JainHighlights Statistics Canada recently reported that inflation climbed by about 5.1 per cent year-over-year (YoY) in January 2022, with shelter and grocery prices increasing faster than other major components. As a result, the Bank of Cana.....
HIVE & Hut 8 (HUT): 2 Canadian crypto stocks to bag in 2022
February 23, 2022 01:57 AM AEDT| By Kajal JainThe invocation of the Emergency Act in Canada, in the wake of the truckers protest, has brought various extended powers to the financial institutions in the country. It has also impacted all crypto fundings directed to the ongoing protests. Some m.....
Scotiabank (BNS) and Royal Bank (RY): 2 top TSX bank stocks to buy now
February 17, 2022 01:03 AM AEDT| By Kajal JainHighlights Stocks of Scotiabank (TSX: BNS) and Royal Bank of Canada (TSX: RY) are gaining attention in the Canadian markets amid the trucker protests, especially following the invocation of the Emergency Act on Monday, February 14. The fe.....
Inspirato going public or is it a publicly traded company?
February 15, 2022 06:24 PM AEDT| By Raza NaqviInspirato LLC, the innovative luxury travel subscription brand, went public in the US equities market on Monday, February 14, after completing its merger with a blank-check company. The Denver-based company had said on February 11 that it complete.....
Why is Fairfax (TSX: FFH) trending and is it a dividend stock to buy?
February 12, 2022 02:51 AM AEDT| By Kajal JainFairfax Financial Holdings (TSX: FFH) is turning heads on the stock markets after announcing its Q4 FY2021 results on Thursday, February 10. With Prem Wasta as its chairperson and CEO, the Toronto-headquartered financial company provides property .....
BIGG stock flew 65% in a day! Why is the Canadian crypto firm trending?
February 08, 2022 11:51 PM AEDT| By Shreya BiswasBIGG Digital Assets Inc (CSE: BIGG), a Canadian crypto company, saw its stocks surge by more than 65 per cent on Monday, February 7. The Vancouver-based company is known to engage in cryptocurrency-oriented products and businesses. Its stocks are .....
Should you explore Hut 8 (TSX:HUT) stock as crypto market rises?
February 08, 2022 02:28 AM AEDT| By Raza NaqviStocks of Hut 8 Mining Corp. (TSX:HUT) climbed about 13 per cent on Friday, February 4, and closed at US$ 8.26 per share. It appears that the stock could get the attention of the investors due to some recent announcements made by the company. Addi.....
Can you buy GoFundMe stock?
February 07, 2022 07:07 PM AEDT| By Raza NaqviGoFundMe, the California-based crowdfunding platform, has caught the attention of both investors and protesters after it blocked donations received by Freedom Convoy 2022 protesters. As the protest against vaccine mandates intensifies in Canada, t.....
