Can Air Canada (TSX:AC) Stock Rise Over C$40 After Fed Deal?

• April 06, 2021 06:56 AM EDT
• Anuj

Source: muratart, Shutterstock Air Canada (TSX: AC) and Transat A.T. Inc. (TSX: TRZ) mutually terminated their agreement on Friday, April 2. Air Canada was supposed to acquire the leisure and travel company in a C$ 190-million deal. The national air...

• March 30, 2021 05:31 AM EDT
• Team Kalkine

Source: aapsky, Shutterstock The aviation industry was hit badly due to the outbreak of the coronavirus pandemic last year. This year too, things have further deteriorated as new strains of the lethal virus and slow rollout of vaccines are not allow...

• March 29, 2021 06:13 AM EDT
• Anuj

Source: tong patong, Shutterstock Stocks of Braille Energy Systems Inc. (TSXV: BES) stock zoomed over 41 per cent on Friday, March 26, as investors heavily bought shares of the EV battery maker. Over four million shares of the company were traded on...

• March 25, 2021 05:57 AM EDT
• Shreya Biswas

Source: frank_peters, Shutterstock Summary Most airlines companies around the world continue to bear the brunt of the COVID-19 pandemic. With the vaccination campaign picking up pace, however, some airlines are hopeful for a change of scene in...

• March 23, 2021 10:47 AM EDT
• Anuj

Source: BlueBarronPhoto, Shutterstock Stocks of Bombardier Inc. (TSX: BBD.B) surged over 10.66 per cent on Monday, March 22, and it was also the most active stock on the Toronto Stock Exchange with a one-day volume of 16.51 million. The aircraft ma...

• March 22, 2021 06:02 AM EDT
• Anuj

Source: Denis Belitsky, Shutterstock Canadian Pacific Railway Ltd. (TSX: CP) announced yesterday that it is acquiring Kansas City Southern (KSU:US or NYSE: KSU) for US$ 29 billion, including US$ 3.8 million in debt. After this transaction, CP Rail w...

• March 21, 2021 12:24 AM EDT
• Shreya Biswas

Source: JomNicha, Shutterstock Despite the COVID-led operational hiccups, the TSX Industrial index advanced over 13 per cent in 2020. The sector has maintained the momentum in 2021, with the index adding 6.40 per cent year-to-date. Two companies &n...

• March 19, 2021 09:00 AM EDT
• Team Kalkine

Source: whiteMocca, Shutterstock Summary Due to forced restrictions and lockdowns, industrial operations got hit in 2020. With economic regrowth in sight, chances are that the industrial stocks may perform well this year. We look at two indu...

• March 16, 2021 07:52 AM EDT
• Anuj

Source: momente, Shutterstock Air Canada (TSX: AC) stock has ignited its recovery path since last month, led by the gradual resumption of global travel. Aviation sector analysts are calling the aviation scrips undervalued and expect a recovery post ...

• March 10, 2021 07:57 AM EST
• Anuj

Source: Natee Meepian, Shutterstock Summary Secure Energy stock jumped to a 52-week high on March 9, following a merger announcement with Tervita. Shares of Tervita also improved by 9.72 per cent on the same development yesterday. Both small-c...