Financial
Will Big Six Canadian Banks Hike Dividends In Next Quarter?
March 26, 2021 08:20 AM EDT| By AnujSource: Freedomz, Shutterstock Canada’s federal financial regulator set restrictions on share buy backs and dividend payout last year due to the rising financial risk amid the COVID-19 outbreak. But now, the economy is in on the recovery...
Should You Buy Mogo (TSX:MOGO) Stock?
March 24, 2021 09:48 AM EDT| By AnujSource: Joyseulay, Shutterstock FinTech firm Mogo Inc. (TSX: MOGO) is acquiring 100 per cent stake in Moka Financial Technologies Inc., a Canada-based saving and investing digital platform. Following the announcement on Tuesday March 23, the stock r...
Toronto-Dominion (TSX:TD): A Bluechip Bank Stock To Hold!
March 23, 2021 10:50 AM EDT| By AnujSource: JHVEPhoto, Shutterstock The Toronto-Dominion Bank (TSX: TD) announced on Tuesday, March 23, that it is acquiring Headlands Tech Global Markets, LLC, a US-based electronic fixed income trading firm. The deal is still subject to concluding obl...
Upstart Stocks Up 89% On Auto Retail Software Acquisition Plans
March 19, 2021 08:49 AM EDT| By AnujSource: Piyawat Nandeenopparit, Shutterstock Stocks of Upstart Holdings (UPST:US or NASDAQ: UPST) zoomed over 89 per cent on Thursday, March 18, on the back of its announcement of acquiring a digital automotive lending platform. The consumer lending...
2 Dividend-Paying Canadian Bank Stocks To Buy
March 18, 2021 09:26 AM EDT| By Team Kalkine MediaSource: teh_z1b, Shutterstock Summary Economic recovery will likely boost the prospects of bank stocks Bank stocks will likely deliver stellar returns in 2021 Canadian banks have managed to regain shareholder confidence The ongoing COVID...
Galaxy Digital (TSX:GLXY), A Rising Canadian Crypto Stock
March 18, 2021 05:12 AM EDT| By AnujSource: Joyseulay, Shutterstock Leading US bank Morgan Stanley is set to provide bitcoin exposure to its asset management clients. Galaxy Digital Holdings Ltd. (TSX: GLXY) is one of these wealth funds that will get access to this exclusive offer. S...
How To Buy Lion Electric Stock?
March 16, 2021 04:24 PM EDT| By AnujSource: MinskDesign ,Shutterstock There’s a high search volume on information around Lion Electric stock, which announced yesterday that it will establish a battery facility in Quebec. How to buy Lion Electric stock? What is Lion Electri...
5 Stocks To Watch As Rising Bitcoin Price Impact Canadian Markets
March 15, 2021 09:04 AM EDT| By AnujSource: Bingo TB, Shutterstock Bitcoin’s evolution is impacting the stock market globally, both directly and indirectly. FinTech companies and e-commerce players, leveraging blockchain technology, plan to allow payments via cryptocurrency on t...
iMining Blockchain: A Crypto Mining Stock With 1900% Returns!
March 12, 2021 06:21 AM EST| By AnujSource: everything possible, Shutterstock Summary iMining Blockchain stock resumed trading on the TSXV on Thursday after more than a month’s halt The stock surged by 263 per cent are trading resumes. The company has already completed it...
5 Canadian Blockchain Stocks To Buy In 2021
March 11, 2021 04:03 AM EST| By AnujSource: Sodel Vladyslav, Shutterstock Blockchain demand has been gaining traction among financial companies as it paves the way for safe and faster transactions and mining cryptocurrencies. This market is projected to be nearly US$ 40 billion by 202...
4 Dividend-Paying Bank Stocks To Buy & Hold In 2021
March 09, 2021 06:19 AM EST| By AnujSource: Vadi Fuoco, Shutterstock Bank stocks have been back on track in the wake of global economic revival. Most financial stocks have surpassed their pre-Covid levels. In this article, we will focus on the Toronto Stock Exchange-listed dividend-pa...
Banxa (BNXA) & CryptoStar (CSTR): Ride Crypto Wave With 2 TSXV Stocks
March 08, 2021 05:40 AM EST| By AnujSource: Freedomz, Shutterstock Last week was one of the better weeks for cryptocurrencies. Bitcoin reclaimed the US$ 50,000-mark while other digital tokens and coins traded actively. This has put the spotlight back on Toronto Stock Exchange Venture...
Why Ovid (NASDAQ:OVID) & Cohen (NYSE:RFI) Stocks Are Trending Today?
March 03, 2021 04:01 PM EST| By Ipsita SarkarSource:Phongphan,Shutterstock Summary Ovid stocks surged 38.5 per cent to C$4.10 per share in the early session on Wednesday. It is set to receive $856 million from Takeda (NYSE:TAK) in licensing agreement. Cohen Inc. recently announced its m...
UWMC Stock: Why Is United Wholesale Mortgage Rising?
March 03, 2021 12:15 PM EST| By Shreya BiswasSource: Johnstocker Production, Shutterstock Summary Stocks of United Wholesale Mortgage (NYSE:UWMC, UWMC:US) swelled by nearly 20 per cent on Tuesday, March 2. On Wednesday morning, the mortgage firm’s stocks were up by 23 per cent in t...
Buy Alert! Laurentian Bank (TSX: LB) Stock Soars On Profit Reports
March 03, 2021 11:23 AM EST| By AnujSource: Freedomz, Shutterstock Summary Stocks of Laurentian Bank are flying today after the group reported an attractive profit of 39 per cent year-over-year. The financial stock is up 23 per cent this year, surpassing the sector that has rise...
CCIV Stock: Is The Falling Churchill Capital Worth A Buy?
March 03, 2021 06:17 AM EST| By Shreya BiswasSource: Atstock Productions, Shutterstock Blank check company Churchill Capital Corp IV (NASDAQ:CCIV, CCIV:US) has seen its stocks plummet since last week when Lucid Motors confirmed rumors surrounding their merger. After the electric vehicle (EV) m...
Buffett’s Berkshire (BRK.A) Bought Back US$25 Bn Of Own Stock in 2020
March 01, 2021 07:20 AM EST| By Shreya BiswasSource: Worawee Meepian, Shutterstock Summary Berkshire Hathaway Inc (NYSE:BRK.A, BRK.A:US) purchased a record US$ 24.7 billion of its own stock in 2020, owner Warren Buffett recently announced in a letter to investors. The 90-year-old entrepr...
Big 6 Banks Book Profit: Was BoC Right About Economy Surviving COVID?
February 25, 2021 04:48 PM EST| By Shreya BiswasSource: soul_studio, Shutterstock The top banks of Canada, often referred in unison as the ‘Big Six’, released their latest financials this week, and all of them posted a significant increase in their net incomes. Reports noted that each...
CIBC Stock Hits 52-Week High After Quarterly Profit Zooms 34% YoY
February 25, 2021 04:29 PM EST| By AnujSource: ShutterstockProfessional , Shutterstock Summary Like the big six banks, Canadian Imperial Bank of Commerce also posted higher profits for the first fiscal quarter of 2020. The stock hit a new 52-week high during Thursday’s i...
TD Bank (TSX:TD) Books Q1 FY21 Profit On Lower Loan Loss Provisions
February 25, 2021 09:55 AM EST| By Shreya BiswasSource: only_kim, Shutterstock Summary Toronto-Dominion Bank (TSX:TD) beat profit estimates projected by market analysts to secure a 10 per cent year-over-year (YoY) increase in its net income for the latest fiscal quarter. Ahead of its financ...