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XELB Skyrocket On New Acquisition: Should You Invest In This Penny Stock?
April 06, 2021 08:08 AM EDT| By Team Kalkine MediaSource: Iakov Filimonov, Shutterstock Summary Xcel Brands will acquire Lori Goldstein brands, including LOGO™. Ever since its inception in 2009, LOGO™ has been profitable. This acquisition is expected to bring high-growth opportun...
Kimberly-Clark (KMB) Stocks Rise As Toilet Paper Gets Costlier
April 01, 2021 08:07 AM EDT| By Shreya Biswasannouncement, Kimberly-Clark saw its stock move up by about a per cent on Wednesday. Panic and bulk-buying in the wake of the coronavirus outbreak last year had seen demand for basic necessity products like toilet paper, sanitary napkins, diaper...
With Increase in Sales, Dollarama (TSX:DOL) Sets Target of 2000 stores by 2031
March 31, 2021 11:25 AM EDT| By Team Kalkine MediaSource: on c, Shutterstock Discount retail stores chain Dollarama on Wednesday, March 31, reported sales of C$ 1,103.7 million in the fourth quarter, an increase of 3.6 per cent year-over-year. The sales increased as Canadians focused more on spendi...
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George Weston (TSX:WN): Buy & Hold Loblaw's (TSX:L) Parent Stock
March 31, 2021 11:01 AM EDT| By Team Kalkine MediaSource: PhuShutter, Shutterstock Summary Last week the company announced that it was selling its 139-year-old bakery business. George Weston Limited wants to explore its real estate businesses. The company has a market cap of C$ 17 billion an...
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A TSX Stock That Can Make You Richer In 2021
March 29, 2021 08:53 AM EDT| By Team Kalkine Mediauring the pandemic and will likely maintain its dominance this year as well. The outbreak of the coronavirus pandemic affected many food and retail companies in 2020, Social distancing measures and lockdown restrictions impacted their sales and...
General Motors Could Be The Next Big Company To Accept Bitcoin
March 27, 2021 02:46 PM AEDT| By Team Kalkine MediaSource: radhikarana, Shutterstock Summary General Motors is reportedly seeking feedback on how cryptocurrency could be used for partial or full payments. It seems Tesla's move could've spiked the 113-year-old company's interest in accepting cr...
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GameStop Stock Plunges Over 20% On Poor Earnings
March 24, 2021 12:49 PM EDT| By AnujSource: korobskyph, Shutterstock GameStop Corporation (GME:US or NYSE: GME), a meme stock, plummeted over 20 per cent at 10:59 AM ET on Wednesday, as the company reported weak fourth-quarter results and stated it is planning to raise fund through it...
George Weston (TSX: WN) To Sell Bakery Unit, Focus on Retail & Real Estate
March 23, 2021 01:14 PM EDT| By Team Kalkine MediaSource: blurAZ, Shutterstock George Weston Limited (TSX: WN) announced that it will soon sell its Weston Foods bakery business and focus on retail and real estate businesses. Despite being one of the leading bakeries in North America, it con...
Couche-Tard To Sell 49 Stores, May Put Up 355 More Sites For Sale
March 22, 2021 12:13 PM EDT| By Ipsita SarkarSource: pixfly, Shutterstock Alimentation Couche-Tard Inc. (TSX: ATD.B), one of the largest chains of convenience stores in Canada, has agreed to sell 49 sites to Casey's General Stores Inc. The deal is worth US$ 39 million and the amount will be pa...
Restaurant Brands (TSX:QSR) Stocks Rise On Popeyes’ Expansion Plan
March 19, 2021 12:29 PM EDT| By Shreya BiswasSource: Edvard Nalbantjan, Shutterstock Summary Fast-food chain Popeyes is set to expand its business in Mexico via a partnership with asset management company JK Capital. Owner Restaurant Brands said that it plans to open hundreds of Popeyes...
JFIN Stock Forecast: Chinese FinTech Jiayin May Extend Price Rally
March 19, 2021 05:56 AM EDT| By AnujSource: Joyseulay, Shutterstock Stocks of Jiayin Group Inc. (JFIN:US or NASDAQ: JFIN) skyrocketed 73.61 per cent on Thursday, March 18, after the speculation linked it with the non-fungible token (NFT). The Chinese FinTech firm connects investors a...
On World Sleep Day 2021, A Mattress Stock To Explore (TSX:ZZZ)
March 19, 2021 05:52 AM EDT| By Shreya BiswasSource: Things, Shutterstock Summary On Friday, March 19, the world gets to celebrate a day solely dedicated to sleep. This mattress stock recorded a growth of over 232 per cent in the past one year. Its net income for Q4 2020 was up by 89.4...
Who Is The New ‘TechnoKaiser’? Can He Beat Elon Musk?
March 18, 2021 11:46 AM EDT| By Team Kalkine MediaImage: Pixabay Summary In the last three days, Volkswagen’s stocks grew up by 18 per cent The latest surge brought its year-to-date growth to 54 per cent. Volkswagen is Europe's largest seller of electric vehicles. Tesla (NASDAQ: T...
2 TSX Food Stocks To Stock Up This Spring!
March 18, 2021 09:19 AM EDT| By Team Kalkine MediaSource: Rawpixel.com, Shutterstock Summary As businesses return to normalcy, growth is expected in food and beverages sector. The present market conditions can be used as an entry point by the investors. The food and beverage industry is...
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Takung Art (NYSE:TKAT) Stock Forecast: NFT Craze To Continue?
March 18, 2021 07:57 AM EDT| By AnujSource: solarseven, Shutterstock Stocks of Takung Art Co. Ltd. (TKAT:US or NYSE: TKAT) soared over 277 per cent on Wednesday, March 17, amid the ongoing Non-Fungible Token (NFT) frenzy. The Hong Kong-based company operates through digital platform...
Empire Sets Eye on Longo’s and Grocery Gateway, Signs US$357Mn Deal
March 17, 2021 06:22 AM EDT| By Ipsita SarkarSource: Thaiview, Shutterstock Summary Empire to acquire 51 per cent stake in Longo’s, based on US$700-million valuation. The deal has choices to expand up to 100 per cent ownership of the company over time. Longo’s to use Empire'...
Walmart (NYSE:WMT) Rejigs Canada Plan, To Invest More, Close 6 Stores
March 16, 2021 06:15 AM EDT| By Ipsita SarkarThese actions will create at least 2,000 new Walmart jobs in Canada. Global retail giant Walmart Inc. (NYSE: WMT) is back to its drawing board eight months after it announced a massive US$3.5 billion capital outlay to ramp up its busines.....
JD's Revenue Growth Indicates E-Commerce Boom In China
March 12, 2021 07:49 AM EST| By Team Kalkine MediaSource: Kriang kan, Shutterstock Chinese e-commerce giant JD.com Inc (NASDAQ: JD) reported a 31 per cent growth in its fourth-quarter 2020 sales, indicating a boom in the online retail industry as the country restores normalcy after the COVID-19 pan...
2 Auto Stocks To Buy Before Prices Skyrocket
March 12, 2021 05:45 AM EST| By Ipsita Sarkars sales jumped 12 per cent to C$10.6 billion in Q4 ended December 31, 2020. Canadian automobile equipment makers, Linamar Corp. (TSX: LNR) and Magna International Inc, (TSX: MG) may be the dream stocks you are looking to buy for long-term growth...
Move Over GameStop! Find Value In This Game Stock
March 10, 2021 03:36 PM EST| By Ipsita SarkarSource: TZIDO SUN, Shutterstock Summary DraftKings (NASDAQ:DKNG) scrips returned 265 per cent in the last one year. It has the largest online sports betting presence across the US. The company raised its long-term profit target. St...
