Industrial
Air Canada (TSX:AC) Stock Opens In Green After Raising C$912-Ml
January 18, 2021 11:27 AM EST| By Team Kalkine MediaAir Canada (TSX:AC) stocks opened in the green on Monday, January 18, after raising approximately C$912 million gross proceeds from over-allotment option. In an official statement, the national air carrier announced that it has concluded its addition...
Air Canada To Slash 1,700 Jobs, Reduce Operations By 25% Due To COVID
January 14, 2021 07:43 AM EST| By Hina ChowdharySummary Canadian national airline Air Canada is set to lay off 1,700 employees on the back of the latest stringent travel restrictions. Stocks of Air Canada are down by 56 per cent in the last one year, with a present debt-to-equity ratio of 7......
Transat Reconfirms Acquisition By Air Canada, Explains Péladeau's Proposal
January 13, 2021 12:04 PM EST| By Kunal SawhneyTravel and leisure firm Transat AT (TSX:TRZ) has reaffirmed its support for its planned acquisition by Air Canada (TSX:AC) in its exchange filing. The company clarified that reports may deceive investors into considering that there is an offer from t...
This TSX Airline Stock Has Better ROE Than Air Canada (TSX:AC)
January 11, 2021 08:17 AM EST| By Hina ChowdharyStocks of Air Canada (TSX: AC) have been trading actively throughout the COVID-19 led lockdowns. But there is one small cap aviation company that has outperformed Air Canada with its market fundamentals. Canadian holding company Chorus Aviation Inc....
Stocks of Gunmakers Smith & Wesson, Sturm Ruger, Vista Outdoor Jump Amid Capitol Hill Chaos
January 07, 2021 11:18 AM EST| By Kunal SawhneyStocks of several US-based gunmakers spiked on Wednesday and then again in the premarket hours of Thursday morning. The rise came close on the heels of US Congress’ official declaration of Joe Biden’s Presidential win and Donald Trump beg...
Air Canada (TSX:AC) & WestJet Stocks Fall As Canada Tightens Travel Rules
January 07, 2021 06:07 AM EST| By Team Kalkine MediaSummary Stocks of Canadian airlines traded in the red on Wednesday on the back of new travel restrictions. WestJet airline is set to sell four cargo flights this year. Its parent company’s stocks have decreased by 15 per cent in one year......
2 Stocks Yielding 2000+% Returns This Decade
December 31, 2020 02:31 PM EST| By Kunal SawhneySummary A freight airline stock has maintained a decade-long winning spree and reaped 2254 per cent gains. The cargo firm has also paid a steady dividend to its unitholders throughout the decade. Stocks of an e-commerce company have returned 41.....
Are Bombardier’s (TSX:BBD.B) Bad Days Behind It?
December 31, 2020 03:31 AM EST| By Kunal SawhneyBombardier Inc (TSX: BBD.B) has sustained an almost continuous trending status on the Toronto Stock Exchange (TSX) this year through the staggering coronavirus pandemic. The high-volume trading activities went on while Bombardier’s business, .....
6 Industrial Stocks That Beat The Pandemic Blues In 2020
December 31, 2020 01:32 AM EST| By Team Kalkine MediaSummary A freight airline has yielded over 109 per cent returns and paid steady quarterly dividend of C$ 0.234 per unit this year. A power firm’s stock has also gained 212 per cent in 2020 and made it to TSX30 Stocks of 2020. Two railway.....
ACY Stock's 'Unusual Activity' Holds Markets' Attention
December 29, 2020 12:28 PM EST| By Team Kalkine MediaSummary Stocks of AeroCentury Corp (NYSE: ACY, ACY:US) skyrocketed by about 415 per cent on Monday, following which they dropped by over 36 per cent on Tuesday. The massive jump in its stock price on Monday led to the New York Stock Exchange ha.....
Air Canada (TSX:AC) & Canadian National Railway: 2 Volume Active Industrial Stocks
December 23, 2020 04:50 AM EST| By Kunal SawhneySummary Air Canada scrips are up 31 per cent in the last six months. Its 10-day average volume stands at 7.5 million units. The CN Rail stock has surged nearly 20 per cent in the last six months. It offers a positive return on equity of 17.37 p.....
MingZhu Logistics & Cargojet: 2 Trending Transport Stocks
December 18, 2020 07:30 AM EST| By Team Kalkine MediaSummary China-based MingZhu Logistics stock went up with an eye-popping 333 per cent on December 17. MingZhu stocks have added over 363 per cent growth in the last one month. Its stock offers a return on equity of 17.73. Canadian freight carri.....
Transport Canada Approves Boeing 737 MAX’s Design Changes
December 17, 2020 10:10 AM EST| By Hina ChowdharySummary Transport Canada announced on Thursday that it has signed off on the changes implemented to Boeing 737 MAX aircraft. The jets were taken off airspace in Canada in March 2019 following two fatal crashes that killed a total of 346 people .....
Air Canada (TSX:AC) & Bombardier (TSX:BBD): Active Industrial Stocks
December 15, 2020 10:01 AM EST| By Kunal SawhneyIndustrial stocks Air Canada (TSX: AC) and Bombardier Inc. (TSX: BBD) have been among the most active stocks on the Toronto Stock Exchange (TSX) throughout 2020, mostly because of their discounted prices. Yesterday’s large-cap stocks .....
Why Are Industrials Stocks Air Canada (TSX:AC) & Bombardier (TSX:BBD.B) Trending?
December 08, 2020 11:47 AM EST| By Kunal SawhneyAfter a dreary few months of pandemic-riddled losses, things are beginning to look up for Canadian companies Air Canada (TSX: AC) and Bombardier Inc (TSX: BBD.B), thanks to the progress towards working COVID-19 vaccines. The anticipation of a poten.....
Why Air Canada & Bombardier are among most active stocks on the TSX?
December 04, 2020 09:33 AM EST| By Kunal SawhneyStocks of Canadian airline Air Canada (TSX: AC) and transportation equipment maker Bombardier Inc (TSX: BBD.B) have been sailing among shares with high trading volume on the TSX for a while now. The value of these once-mighty stocks depreci.....
Boeing, Canadian Pacific Railway & Canadian National Railway: 3 Dividend-Paying Industrial Stocks
December 03, 2020 08:40 AM EST| By Kunal SawhneySummary Boeing’s Max 737 flight to resume its operations by the end of December 2020. Boeing pays a quarterly cash dividend of US$ 2.055 per stock. CP railway stocks are up 25 per cent year-to-date (YTD). It pays a quarterly cash dividen.....
Why Are Industrial Stocks Bombardier & Canadian National Railway Trending?
November 30, 2020 10:01 AM EST| By Team Kalkine MediaIndustrial stocks suffered quite a setback this year due to the pandemic as investors turned to safe assets amid the crisis. However, stocks of Bombardier Inc (TSX: BBD.B) and Canadian National Railway (TSX: CNR) are currently trending high on the .....
How Are Air Canada (TSX:AC) & Cargojet (TSX:CJT) Stocks Trading Amid Lockdown?
November 30, 2020 09:15 AM EST| By Hina ChowdharySummary Air Canada stocks swelled nearly 56 per cent in the last six months. The Air Canada Pilots Association (ACPA) has agreed to the amendments made to their contract that will allow the airline to enhance its cargo business. Stocks of frei.....
Why Are DPW (NYSE:DPW) & Exchange Income (TSX:EIF) Industrial Stocks Trending?
November 25, 2020 12:00 AM EST| By Team Kalkine MediaSummary DPW stocks have zoomed over 1032 per cent since the coronavirus-led market meltdown. It generated a gross profit of US$ 1.9 million, up 94.7 per cent YoY. DPW stock’s 10-day average trading volume is 32.85 million units. Exchange.....