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Cargojet (TSX: CJT) Revenue Rises 34%: A Stock To Buy & Hold In 2021
March 01, 2021 10:42 AM EST| By AnujSource: mariakray, Shutterstock Cargojet Inc. (TSX: CJT) posted a strong top line for the fourth quarter of 2020 on the back of unprecedented delivery volume last year. The company registered C$ 187.1-million revenues for the last quarter of 2020,...
Cielo Waste (CSE:CMC) Up 1000% In A Year: A Penny Stock To Buy!
March 01, 2021 07:26 AM EST| By Ipsita SarkarSource: Belish, Shutterstock Summary Scrip price of Cielo Waste Management Corp. witnessed an exponential growth of 81 per cent on Friday The surge came after the company announced a major sale deal of more than 900,000 liters. Cielo reported...
Workhorse (WKHS) Stocks Sink 48% As Rival Oshkosh Bags US Postal Contract
February 24, 2021 05:06 AM EST| By Shreya BiswasSource: Shutterstock Stocks of utility vehicles manufacturer Workhorse Group Inc (NASDAQ:WKHS, WKHS:US) sank by nearly 48 per cent on Tuesday, February 23, after rival Oshkosh Corporation (NYSE:OSK, OSK:US) beat it to a vital US Postal Service contr...
Air Canada (TSX:AC) Stocks Limp Back As COVID Cloud Clears
February 23, 2021 04:27 PM EST| By Ipsita SarkarSource: Shutterstock Summary Air Canada scrips (TSX: AC) gained more than 40 per cent in the last six months. Ease of COVID restrictions to help make a strong comeback in 2021. Its purchase of the country’s third-largest tour operator A...
Cargojet (TSX:CJT) & Boeing (NYSE:BA): 2 Aviation Stocks To Explore
February 22, 2021 07:01 AM EST| By AnujSource: Shutterstock Worldwide aviation industry has been going tumultuous times due to the COVID-related restrictions. However, the downfall of The Boeing Company (BA:US or NYSE: BA) didn’t arrive with the pandemic. Its reputation was already...
Air Canada’s Transat Takeover Deadline Expires, What’s Next?
February 18, 2021 03:58 AM EST| By Ipsita SarkarSummary Deadline for Air Canada’s takeover of Canadian tour operator Transat A.T. Inc. expires. Both parties are still in talks over some amendments to the original deal. Air Canada may walk out of the agreement given the deteriorating b.....
EHang Holdings (NASDAQ:EH) Stock’s Drastic Plunge Rattles Investors
February 17, 2021 09:42 AM EST| By Ipsita SarkarSummary Stocks of Chinese drone maker EHang Holdings (NASDAQ:EH) dropped by 62.69 per cent to US$46.30. The plunge came on the heels of short-seller Wolfpack Research’s report that questioned the claims of the Chinese manufacturer. The r.....
Buy Alert! CAE (TSX:CAE) Revenue Up 18%
February 12, 2021 12:51 PM EST| By Team Kalkine MediaSummary The defense and aerospace company reported revenue of C$ 832.4 million in Q3 FY 2020, an 18 per cent jump quarter-over-quarter (QoQ). CAE stocks have swelled over 12 per cent on a month-to-date basis, with a return on equity of 2.56 per.....
Air Canada (TSX:AC) & Transat AT (TSX:TRZ): Stocks To Watch Today
February 12, 2021 07:14 AM EST| By Kunal SawhneySummary Air Canada’s (TSX:AC) bid for Transat AT (TSX:TRZ) has been okayed by the Canadian government. The airline released its full-year 2020 revenues that shows a plunge of 73 per cent year-over-year (YoY) due to COVID-led travel restri.....
Bombardier (TSX:BBD.B) Stocks Dip 8% On 1.6K Job Cuts
February 11, 2021 09:48 AM EST| By Kunal SawhneySummary Bombardier Inc (TSX:BBD.B) has announced that it will be downsizing by 1,600 jobs in an effort to raise yearly cost savings by 2023. It will also be wrapping up the production of its luxury business aircraft, Learjet, later this year. .....
Air Canada (AC) Stocks Dip As It Announces 1.5K Layoffs, 17 Route Cuts
February 10, 2021 06:44 AM EST| By Hina ChowdharySummary Air Canada has said that it plans to temporarily lay off about 1,500 of its unionized workers and an undisclosed number of management-level employees. Along with the downsizing, the air carrier will be temporarily suspending service on .....
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SNC-Lavalin (TSX:SNC) Soars 11%: Time to Buy This Industrial Stock?
February 10, 2021 04:45 AM EST| By Ipsita SarkarSummary SNC-Lavalin to sell its oil and gas exploration business. Company’s risk reduction plan triggers buying frenzy for the (TSX: SNC) stock. The stock has returned over 17 per cent in last three months. Stocks of Canadian constr.....
How Bombardier (TSX:BBD.B) Stock Is Faring After Rail Unit Sale?
February 08, 2021 10:47 AM EST| By Kunal SawhneyThe year 2020 witnessed unprecedented economic crisis caused by COVID-19 pandemic that compelled governments to put an indefinite ban on travel, be it domestic or international. As per national data agency Statistics Canada, the country&rs.....
Air Canada (TSX:AC) Stocks Still A Discounted Buy?
February 05, 2021 11:03 AM EST| By Kunal SawhneySummary The airline stock has partially rebounded from its 52-week low, with an increase of 135 per cent. The air company’s stock could rise after the federal government revokes travel restrictions. Air Canada held unrestricted cash and .....
Exro Technologies (TSXV:EXRO): Emerging Green Motor Stock Up 16%
February 05, 2021 08:14 AM EST| By Team Kalkine MediaExro Technologies Inc. (TSXV: EXRO), a clean tech firm, entered an agreement with an e-motorcycle company, LAND Electric Motorcycles, to manufacture approximately 2000 coil drivers in 2021. On the back of this deal, Exro stock rose as much as 16.40.....
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American Airlines Stocks Surge Despite 2020 Loss Amid Reddit Shoutout
January 29, 2021 04:45 AM EST| By Team Kalkine MediaSummary Stocks of American Airlines Group Inc surged by more than nine per cent despite reporting record annual losses in its latest financial results on Thursday. The spike came after day traders’ forum on Reddit, WallStreetBets, mention.....
Canadian National Railway (TSX:CNR) Stocks Buzz With Q4 Revenue Rise
January 28, 2021 06:52 AM EST| By Kunal SawhneySummary Canadian National Railway reported a two per cent year-over-year (YoY) rise in its revenue for the fourth quarter ending December 31,. It also posted a seven per cent drop in its full-year revenue for 2020. The logistics company hiked .....
Bombardier’s (TSX:BBD) Heavy Intraday Trading Continues, Up 44% MTD
January 28, 2021 06:27 AM EST| By Kunal SawhneySummary Bombardier’s scrips are trading with an average volume of 8.4 million in the past 50 days. The stock has climbed nearly 44 per cent in January 2021, led by US$ 2.3-billion funding by the UK government. The company reported that i.....
TFI International (TSX:TFII) Stocks Soar 29% On UPS Freight Acquisition
January 25, 2021 11:47 AM EST| By Team Kalkine MediaSummary Stocks of the TFI International soared north over its announcement to acquire UPS Freight. TFI expects to complete its transaction with UPS in the next quarter. It is paying US$ 800 million for the acquisition. The Toronto-based compan.....
Extreme Vehicle & Electrovaya: 2 Battery Stocks Powering Up
January 19, 2021 10:14 AM EST| By Kunal SawhneyThe lithium-ion battery stocks are on the rise amid the ongoing clean vehicle rally. The US president-elect Joe Biden has already promised to infuse US$ 2 trillion into green vehicle industry and other clean energy projects. The Canadian federa...
