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Cenovus (TSX:CVE) & Husky (TSX:HSE) All-Stock Merger To Create C$23.6-billion Energy Giant
October 26, 2020 09:34 AM EDT| By Kunal SawhneyCenovus's Foster Creek project in northern Alberta Summary Cenovus Energy Inc. (TSX: CVE) and Husky Energy Inc. (TSX: HSE) merger will create one of the largest refining companies in the country worth C$23.6 billion. Canadian oil-sands produce...
4 COVID Penny Stocks: Hamilton Thorne, Protech, Akumin & Immunoprecise
October 26, 2020 08:49 AM EDT| By Team Kalkine MediaPenny stocks are the smallest stocks on the capital markets. These are priced C$5 or less and are microcap firms with a capitalization of C$ 300 million or below. These stocks are usually volatile and highly unpredictable in nature. Though .....
PayPal, Nuvei Corp, GoldMoney: 3 FinTech Stocks On The Move
October 25, 2020 12:10 AM EDT| By Team Kalkine MediaSummary PayPal’s stock has bounced back by an astonishing 150 per cent increase since the pandemic-led crash on March 24. PayPal added 21.3 million new accounts in Q2 FY20, a 137 per cent YoY growth. Nuvei’s stock has swelled nearl.....
Intel Stocks (NASDAQ:INTC) Drop Post Q3 Report Release, AMD Gains
October 24, 2020 03:38 AM EDT| By Kunal SawhneySummary Stocks of Intel Corporation (NASDAQ: INTC) slumped after it posted its third quarter results on Friday, October 23, reflecting a lowered revenue and operating income. Following the news, AMD shares climbed over three per cent on Fri.....
5G Roll Out Propels Rogers Communications (TSX:RCI) & BCE Stocks
October 24, 2020 03:36 AM EDT| By Team Kalkine MediaSummary Rogers Infinite™ unlimited data plans have reached nearly 2.2 million total customers, up almost 60 per cent YTD. Rogers Communications declared a quarterly dividend of C$ 0.50 per share. BCE Inc. has rebounded nearly 21 per cent.....
Scotiabank (TSX:BNS) & Manulife Financial (TSX:MFC): Trending Financial Stocks
October 23, 2020 01:54 PM EDT| By Team Kalkine MediaSummary The TSX financial index is down over 15 per cent year-to-date (YTD) while the TSX Venture financial index is down by over 16 per cent YTD. Manulife Financials stock declined by 28.75 per cent this year due to the impact of Covid-19 on .....
Air Canada (TSX:AC), WestJet & Other Airlines Find Hope In Government Bailout Plan
October 23, 2020 11:49 AM EDT| By Kunal SawhneySummary The Canadian government has said it will be “exploring all possible options” to support airlines drowning in pandemic-related troubles. Reports indicate that the government is mulling a bailout package release for the indust.....
This Sky Warrior Defied Pandemic To Fly To Record Highs
October 23, 2020 11:45 AM EDT| By Team Kalkine MediaThe aviation industry, one of the hardest-hit sectors due to the coronavirus outbreak, has been scrambling to get back on its feet. Several airlines are struggling to stay afloat as governments limit international and domestic flights to contain the...
CloudMD (TSXV:DOC) & Jack Nathan Medical (TSXV:JNH): 2 Emerging Health Stocks On TXSV
October 23, 2020 10:04 AM EDT| By Team Kalkine MediaStocks of health and medical care companies such as CloudMD Software & Services Inc (TSXV: DOC) and Jack Nathan Medical Corp (TSXV:JNH) have been on the rise in the wake of the coronavirus pandemic. Both these emerging health care providers are.....
Nevada (TSX:NCU) & Marimaca (TSX:MARI): Copper Stocks In Focus As Prices Hit New High
October 22, 2020 12:52 PM EDT| By Team Kalkine MediaCopper stocks rallied in the Canadian equity markets after the industrial metal touched its highest price since June 2018 on Thursday. The metal crossed US$7,000 per ton-mark on the London Metal Exchange’s three-month copper futures d.....
Topaz (TSX:TPZ) & Suncor (TSX:SU): 2 Trending Energy Stocks
October 22, 2020 06:10 AM EDT| By Hina ChowdharySummary With reduced mobility, the oil demand has plummeted, leading to a decline in the profits of oil and gas company. Topaz Energy, the largest Canadian energy IPOs since 2017, debuted on the TSX this Monday. Suncor Energy stocks are down .....
First Quantum Minerals (TSX:FM) & New Gold (TSX:NGD): Trending Metals & Mining Stocks
October 22, 2020 05:20 AM EDT| By Kunal SawhneySummary In 2018, the metal sectors’ overall contribution to Canada’s total nominal GDP was 5% or C$ 97 billion. Quantum First Minerals’ stock has rebounded by almost 161 per cent since the pandemic-led crash on March 24. New .....
Dividend Stocks Royal Bank Of Canada (TSX:RY) & Enbridge (TSX:ENB) Gain Steam
October 22, 2020 03:28 AM EDT| By Team Kalkine MediaSummary The S&P/TSX Canadian Dividend Aristocrats Index is down 14.4 per cent YTD. Royal Bank of Canada (TSX:RY) and Enbridge Inc (TSX:ENB) are trending on the TSX among stocks with the highest dividend yield. Stocks of Royal Bank of Canad.....
Netflix Stock Tumbles As Net Paid Additions Decline 67% YoY
October 21, 2020 04:38 PM EDT| By Team Kalkine MediaAs the coronavirus pandemic forces people to stay indoors, the consumption of content on digital platforms has surged. Online streaming platforms such as Netflix (NASDAQ:NFLX or NFLX:US) and Amazon Prime (NASDAQ:AMZN AMZN:US) are seeing a r.....
Kaixin and NIO Stocks Gain Amid Electric Vehicle Popularity
October 21, 2020 04:37 PM EDT| By Team Kalkine MediaThe hype around electric vehicles has been growing around the world for a while now. Even during the coronavirus pandemic, when most oil and gas-run car companies suffered major setbacks, electric automakers saw a rising demand. This rise also refl.....
General Motors (NYSE:GM) & Magna International (TSX:MG): 2 Green Auto Stocks to Watch
October 21, 2020 04:34 PM EDT| By Team Kalkine MediaThe world is moving towards clean, green, and lean technologies. Need for cleaner energy sources, green technology and lean manufacturing processes is the calling for a sustainable future. Every industry is working towards making a novel co.....
Jack Nathan, WELL Health & Fennec Pharmaceuticals: 3 Growing Healthcare Stocks
October 21, 2020 04:33 PM EDT| By Team Kalkine MediaCanadian investors have been trading cautiously amid the uncertainties surrounding the US fiscal stimulus and recent country-wide resurgence of coronavirus cases. However, healthcare stocks such as Jack Nathan Medical Corp (TSXV:JNH), Fenne.....
Canopy Growth (TSX:WEED) and Aurora Cannabis (TSX:ACB): 2 Trending Pot Stocks
October 20, 2020 12:23 PM EDT| By Team Kalkine MediaSummary Several pot producers and distributors have pinned hopes on the upcoming US elections, anticipating it will play a critical role in the marijuana legalization movement across the world. Canopy Growth stocks has gained over 20 per cent i.....
BlackBerry (TSX:BB) & Cloudflare (NYSE:NET): Cybersecurity Stocks in Focus
October 20, 2020 03:46 AM EDT| By Team Kalkine MediaSummary Cybersecurity stocks like BlackBerry Limited (TSX: BB) and Cloudflare Inc (NYSE: NET) gained traction in Canada since the CRA website cyberattacks in July and August. BlackBerry shares jumped in October after announcing its partnership .....
TELUS, BCE & Cogeco: TSX Telecom Stocks Show Signs of Recovery
October 19, 2020 12:15 PM EDT| By Team Kalkine MediaSummary The TSX telecommunication index is down about 11 per cent year-to-date. Top Canadian telecom giants have launched 5G networks in select Canadian locations amid the Covid-19 outbreak. These include BCE Inc (TSX:BCE), Cogeco Communicatio.....
