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Mexico Moves A Step Closer To Create World’s Largest Legal Cannabis Market
January 17, 2021 12:27 AM EST| By Kunal SawhneyWe are on the verge of witnessing one more high tide in the ongoing green wave. Mexico is set to become the second Latin American country to decriminalize marijuana after Uruguay. Mexico’s health regulator has released the much-anticipated m...
Cogeco (TSX:CGO) Stock Rides On Soaring Q1 Profits
January 15, 2021 01:17 PM EST| By Kunal SawhneySummary Cogeco’s revenue and profit increased for the first quarter of financial year 2021. Its adjusted EBITDA soared over 10 per cent year-over-year. Stocks of the company popped up over 5 per cent durin.....
This TSX Food Stock Skyrocketed By 300% In One Year!
January 15, 2021 10:13 AM EST| By Team Kalkine MediaMany food and retail companies, which depend heavily on consumers and sales from brick-and-mortar stores, have been hit hard due to COVID-19 pandemic. Despite the rapid influx of online revenues and store reopening spree, sales remained muted during...
Profound (TSX:PRN) & Bausch (TSX:BHC): 2 Healthcare Stocks On The Move
January 15, 2021 09:18 AM EST| By Team Kalkine MediaSummary Stocks of Profound and Bausch have outperformed the S&P/TSX Capped Health Care Index in terms of returns in the last one month. Bausch anticipated generating a revenue of more than C$ 2.2 billion in the fourth quarter of 2020. Prof.....
BlackBerry (TSX:BB) & OpenText: 2 Cybersecurity Stocks To Explore
January 15, 2021 07:45 AM EST| By Hina ChowdharyThere’s an increased scrutiny on digital security as more people work from home or go online for shopping and financial transactions. The new normal is making us gung-ho on cybersecurity. As a result, business entities are exploring m.....
Westport Fuel (TSX:WPRT) & AltaGas (TSX:ALA): 2 Midcap Stocks To Explore
January 15, 2021 02:04 AM EST| By Team Kalkine MediaMid-cap stocks are typically positioned in the perfect sweet spots on the exchanges. They tend to deliver greater yield than large-cap stocks and have lower instability or risks than small-cap stocks. We analyze two TSX-listed mid-cap stocks’ t...
Aphria (TSX:APHA) Reports 99% YoY Net Cannabis Revenue Growth, Stocks Surge
January 14, 2021 10:15 AM EST| By Hina ChowdharySummary Aphria’s net cannabis revenue ballooned by 99 per cent YoY to C$ 67.9 million in Q2 2021, as per the latest quarter reports released on Thursday. Gross revenue for the company’s adult-use cannabis products soared by a record.....
Dollarama (TSX:DOL) & Metro (TSX:MRU): 2 Dividend-paying Retail Stocks
January 14, 2021 10:13 AM EST| By Kunal SawhneySummary Dollarama has been distributing a quarterly dividend of C$ 0.047. Metro Inc pays a consistent quarterly dividend of C$ 0.225 per unit, with a current dividend yield of 1.562 per cent. Both retailers saw a jump in their sales in the las.....
GameStop (NYSE: GME) Stocks Hit Record High Following Board Shake-up
January 14, 2021 10:06 AM EST| By Kunal SawhneySummary GameStop stocks shot up by over 57 per cent on Wednesday, reaching their highest level in over four years. The surge comes after GameStop added Chewy Inc founder Ryan Cohen to its board of directors. The company announced last Monday t.....
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......
First Quantum (TSX:FM) & Barrick Gold (TSX:ABX): 2 Trending Gold Stocks
January 14, 2021 04:53 AM EST| By Team Kalkine MediaWith cryptocurrency Bitcoin registering high demand at the moment, some experts have commented that gold may soon lose its glitter in comparison. Others, however, argue that the precious metal will continue to have its own value as a safe haven asset...
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...
FirstService (TSX:FSV) & Colliers (TSX:CIGI): 2 Real Estate Stocks To Explore
January 13, 2021 08:55 AM EST| By Kunal SawhneyCanada’s home sales rose to record levels through the coronavirus pandemic last year. The Canadian Real Estate Association (CREA) reported that in the first 11 months of 2020, the country’s saw 511,449 home sales over the Canadian MLS®...
Facedrive (TSXV:FD) & Drone Delivery (TSXV:FLT): 2 Rising Tech Stocks
January 13, 2021 06:51 AM EST| By Kunal SawhneyWith the information technology sector on a bull run, many junior tech companies are returning good yields. Software stocks have rebounded well since the COVID-19 pandemic caused market meltdown in March 2020. The work-from-home trend is here to s.....
Alimentation Couche-Tard (TSX:ATD) Stocks Trend On Carrefour Acquisition Plans
January 13, 2021 04:45 AM EST| By Team Kalkine MediaThe Quebec-based convenience-store company, Alimentation Couche-Tard Inc. (TSX: ATD.A, TSX: ATD.B), confirmed that it has initiated a potential acquisition discussion with the Paris-based grocer American depositary receipt (ADR) (CRRFY:US), as per th...
Square & PayPal: 2 FinTech Stocks On Investors’ Radar
January 12, 2021 12:11 PM EST| By Team Kalkine MediaSummary Stocks of the two giant online payment companies plummeted on Monday, led by bitcoin’s volatile trends. Stocks of Square Inc. has yielded over 231 per cent in one year, with a present ROE of 18.72 per cent. PayPal’s stock h.....
Score Media (TSX:SCR) & GameStop: Why Are Game Stocks Rising?
January 12, 2021 09:40 AM EST| By Hina ChowdharySummary Score Media stocks catapulted by nearly 11 per cent during intraday trading on Monday, a day before it was set to release its financial results for the first quarter of fiscal 2021. GameStop stocks also zoomed by almost 13 per cent on M.....
Toronto-Dominion (TSX:TD) & Scotiabank (TSX:BNS): 2 Bluechip Bank Stocks
January 12, 2021 03:56 AM EST| By Team Kalkine MediaInvestors' optimism in the midst of pandemic has improved among those who consulted financial advisors, according to a new survey by Scotia Global Asset Management Investor Sentiment. The sentiment index jumped to 117 in November 2020 against 100 in...
Pfizer & BioNTech Stocks Gain On Higher COVID Vaccine Target
January 11, 2021 11:47 AM EST| By Kunal SawhneyPfizer Inc. and BioNTech SE increased their COVID-19 vaccine manufacturing target for the current year to 2 billion doses in the wake of higher global demands. Stocks of BioNTech (BNTX:US or NASDAQ: BNTX) and Pfizer Inc. (PFE:US or NYSE: PFE) soared...
BBTV Stocks Rise On New Offers For Influencers on Instagram, TikTok
January 11, 2021 11:42 AM EST| By Kunal SawhneyCanadian media and tech company BBTV Holdings Inc (TSX: BBTV) announced on Monday, January 11, that it will be offering new services to content creators across all social media platforms of Instagram and TikTok. This expansion of services will be tak...
