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Canada Goose (TSX:GOOS) Nets C$107Mn, Stocks Off To A Flying Start
February 04, 2021 11:12 AM EST| By Kunal SawhneySummary Canada Goose stocks lead trends after positive Q1 earnings report. A significant boost in e-commerce business in Asian markets helps improve performance. Its 2021 Q1 revenue rose nearly five percent to $474 million. Consum.....
West Fraser (TSX:WFT) Closes Multi-billion Dollar Acquisition Of Norbord
February 04, 2021 06:10 AM EST| By Kunal SawhneySummary West Fraser concluded its acquisition of Norbord and offered 0.675 of West Fraser’s common share in return for every outstanding share of Norbord. Stocks of West Fraser have yielded 58 per cent returns in one year, with a price-ea.....
Kia Motors Jump 10% On Rumors Of EV Deal With Apple?
February 03, 2021 12:04 PM EST| By Hina ChowdharySummary Reports claims that Kia Motors Corp is heading for a billion-dollar collaboration deal with Apple Inc to produce electric vehicles. Kia Motors’ stocks are up nearly 10 per cent at KRW 97,700 (C$ 111.97) in the wake of the news. T.....
Sherritt & Lithium Americas (LAC): 2 TSX Battery Stocks Powering Up
February 02, 2021 06:00 AM EST| By Team Kalkine MediaSummary Sherritt’s shares are up 33 per cent this year after the company announced higher production guidance for 2021. Stocks of Sherritt have surged by 214 per cent in one year, and the company is set to announce its Q4 results on Febru.....
Is Canada’s EV Market Heading For A Boom?
February 01, 2021 11:22 AM EST| By Hina ChowdharySummary With more American EV companies investing in Canada-based facilities, the country could be closer to its goal to be a global leader in the EV movement than ever before. In the last six months, two major US-based automakers have announce.....
Ford Lures Chinese with Mach-E, Mustang; Eyes Lucrative EV market
January 31, 2021 12:09 AM EST| By Kunal SawhneySummary Ford to launch its electric vehicle Mach-E in China. The company also plans to manufacture its prized Mustang cars locally. Ford China sold 602,627 vehicles last year in the Chinese market. US automaker Ford Motors Corp plans to m.....
Why Naked (NASDAQ:NAKD) Stocks Galloped 252%?
January 28, 2021 05:11 AM EST| By Kunal SawhneySummary Naked stocks, which catapulted by over 252 per cent on Wednesday, are currently under the threat of getting delisted from the Nasdaq exchange. Its latest stock price surge came amid the raging chatroom war between bullish investors and .....
Etsy Stocks Climb After Elon Musk Tweets He ‘Kinda’ Loves It
January 27, 2021 08:28 AM EST| By Hina ChowdharySummary Tesla and SpaceX founder Elon Musk sent out a tweet on Tuesday saying that he “kinda love(s)” e-commerce platform Etsy Inc. Etsy saw its stocks swing up by about eight per cent to a 52-week high of US$ 226.725 in intraday tr.....
SunOpta (SOY) & Jamieson (JWEL): 2 TSX Consumer Stocks to Explore
January 25, 2021 06:15 AM EST| By Hina ChowdharySummary Fast-moving Canadian consumer durables remain unaffected in 2020. SunOpta Inc. (TSX: SOY) has seen over 360 per cent growth. Jamieson Wellness Inc. (TSX: JWEL) witnesses over 33 per cent growth Despite widespread coronavirus disru.....
Vinco Ventures (NASDAQ:BBIG) Stock Pops 196% On Merger With ZASH
January 22, 2021 06:09 AM EST| By Kunal SawhneySummary Stocks of Vinco climbed over 196 per cent on Thursday as the M&A firm announced to combine with ZASH Global Media, a digital influencer platform. ZASH holds 2 billion monthly views on its platforms, with a network of over 350 millio.....
How Are Kits Eyecare (TSX:KITS) Stocks Doing After C$55-Mn IPO?
January 22, 2021 04:17 AM EST| By Team Kalkine MediaCanadian eyewear company Kits Eyecare Ltd (TSX:KITS) made its presence felt on the Toronto Stock Exchange (TSX) as it debuted on Tuesday, January 19, following a C$ 55 million initial public offering (IPO) earlier this week. Kits Eyecare saw its s.....
Canadian Tire (TSX:CTC) Hits 52-Week-High; Stock Zooms 80% in 9 Mos.
January 18, 2021 04:58 AM EST| By Team Kalkine MediaCanada-based consumer giant Canadian Tire (TSX: CTC) (TSX: CTC.A) touched its 52-week-high of C$ 181.75 on Thursday, January 14, 2021. The stock has gained over 8.5 per cent in the last one month, indicating a renewed interest from investors. Canadi...
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...
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...
EV Stocks Set To Rise On Baidu-Geely's EV Plans, NIO’s New Launch
January 11, 2021 06:01 AM EST| By Team Kalkine MediaChinese search engine service Baidu Inc (NASDAQ: BIDU, BIDU:US) announced on Monday that it will be seeking a partnership for car manufacturer Zhejiang Geely Holding Group for the production of electric vehicles. Baidu’s move comes amid a risin...
PSAC Stocks Rise On Merger Plans With EV Startup Faraday Future
January 11, 2021 04:44 AM EST| By Team Kalkine MediaSummary Electric vehicle startup Faraday & Future Inc announced plans to go public via a merger with SPAC Property Solutions Acquisition Corp. Stocks of the blank check company have been trending high on the markets since the announcement. .....
The Evolving Auto Industry & Its Way Forward
January 09, 2021 06:34 AM EST| By Hina ChowdharyThe auto industry has been undergoing a massive transformation over the last decade. On one hand, new electric vehicle (EV) players disrupted the market, and on the other hand, the auto assembly chain and inventory sector suffered losses due to the C...
Extreme Vehicle Battery (CSE:ACDC) Stocks Soar On Market’s Green Energy & Crypto Rush
January 08, 2021 11:20 AM EST| By Hina ChowdharyStocks of Extreme Vehicle Battery Technologies Corp (CSE: ACDC) have popped up over 106 per cent with 57.43 million units changed hands on Friday morning (10:31 am ET), January 8. The technology company deals in electric vehicle (EV) and cryptocurre...
Linamar (TSX:LNR) & Maple Leaf (TSX:MFI): 2 Dividend-Paying Consumer Stocks
December 30, 2020 04:04 AM EST| By Kunal SawhneySummary Linamar is offering a quarterly dividend of C$ 0.12 per stock. Its stock has a present return on equity (ROE) of 5.07 per cent. Maple Leaf delivered a constant quarterly cash dividend of C$ 0.16 per unit this year. Its stock offers an R.....
Will EV Stocks Be A Market Topper In 2021?
December 29, 2020 08:42 AM EST| By Kunal SawhneySummary The EV industry is still in its formative years, but show signs of heading for a steep rise in the next decade. Elon Musk’s Tesla Inc has been a frontrunner in the race to be the EV industry topper. If all goes well, Apple could .....
