Stocks
TSX:BEPC: A Major Draw for Institutional Investors with 86% Ownership
July 26, 2024 02:00 PM AEST| By Team Kalkine MediaBrookfield Renewable Corporation (TSX:BEPC) presents an interesting case in terms of its shareholder composition, which significantly influences its stock dynamics. Institutional ownership plays a pivotal role in the company's market behavior, highli...
What AltaGas Ltd.'s P/E Ratio Might Be Missing
July 26, 2024 02:00 PM AEST| By Team Kalkine MediaAltaGas Ltd.'s (TSX:ALA) current price-to-earnings (P/E) ratio of 16x stands slightly above the Canadian median of approximately 14x. While this may not initially seem noteworthy, examining the P/E ratio in the context of AltaGas' performance reveals...
Bitfarms Ltd.'s Shareholder Rights Plan Review Deferred by TSX
July 26, 2024 02:00 PM AEST| By Team Kalkine MediaBitfarms Ltd. (Nasdaq/TSX:BITF), a globally integrated Bitcoin mining company, has announced that the Toronto Stock Exchange (TSX) will defer its review of the company’s shareholder rights plan (the "Rights Plan"), initially announced on July 24, 202...
Celestica (TSX:CLS) Marks 23% Jump in Revenue Reports in Q2 2024, Updates Annual Outlook
July 25, 2024 05:35 PM AEST| By Team Kalkine MediaCelestica Inc. (,TSX:CLS,) (NYSE:CLS), a leading provider of design, manufacturing, hardware platform, and supply chain solutions, has announced its financial results for the second quarter of 2024 (Q2 2024). The company reported robust growth and si...
Bausch Health (TSX:BHC) Refutes Bankruptcy Rumors Following Reorg® Article
July 25, 2024 05:33 PM AEST| By Team Kalkine MediaBausch Health Companies Inc. (NYSE/,TSX:BHC,) has issued a statement to address and refute recent rumors circulating in a news article published by Reorg®. The article, which cited unnamed sources, suggested that the company might be considering a ba...
SLB (NYSE:SLB) Announces Voluntary Delisting from Euronext Paris to Focus on NYSE
July 25, 2024 05:30 PM AEST| By Team Kalkine MediaSLB (,NYSE:SLB,) has announced its decision to voluntarily delist its shares from Euronext Paris, citing low trading volumes and the increasing costs and administrative requirements of maintaining a dual listing. This decision follows the company's p...
2 Top Canadian Penny Stocks to Watch in July 2024
July 25, 2024 05:06 PM AEST| By Team Kalkine MediaHeadlines:,Exro,Technologies and Arizona Metals: Promising Penny Stocks for Potential Growth,Top,Penny Stocks to Watch:,Exro,Technologies and Arizona Metals,High-Potential Canadian Penny Stocks:,Exro,Technologies and Arizona Metals,These two penny st...
2 Exceptional Ultra-High-Yield TSX Dividend Stocks in July
July 25, 2024 04:41 PM AEST| By Team Kalkine MediaHeadlines:,BCE Stock,:,BCE (,TSX,:BCE,),offers an 8.8%,dividend yield,with growth potential through its digital media and operational efficiency focus.,Superior Plus Stock,:,Superior Plus (,TSX,:SPB,),provides an 8.8% dividend yield, driven by strong...
Three TSX Growth Stocks Boasting at Least 14% Insider Ownership
July 25, 2024 04:14 PM AEST| By Team Kalkine MediaHeadlines:,Colliers,International Seeks Expansion Amid Insider Ownership and Governance Concerns,goeasy,Faces Debt Challenges Despite Strong Insider Confidence and Revenue Growth,Vitalhub's,High Insider Ownership Signals Potential Amid Rapid Expansio...
Aduro Clean Technologies (FSE:9D50) Files for U.S. IPO and Applies for NYSE Listing
July 24, 2024 04:24 PM AEST| By Team Kalkine MediaAduro Clean Technologies Inc. (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian technology company specializing in transforming lower-value feedstocks into valuable resources, has announced the public filing of a registration statement on Form F-1 wi...
CSA banned 64 individuals and 39 companies from capital markets in 2023-2024
July 24, 2024 04:10 PM AEST| By Team Kalkine MediaThe Canadian Securities Administrators (CSA) have published their annual Year in Review, detailing the progress made from July 1, 2023, to June 30, 2024. The report outlines the CSA's advancements toward the strategic goals set out in their 2022-2025...
Mutual fund asset increases by 0.7% in June 2024: IFIC Reports
July 24, 2024 04:06 PM AEST| By Team Kalkine MediaThe Investment Funds Institute of Canada (IFIC) has released its investment fund net sales and net assets data for June 2024. At the end of the month, mutual fund assets reached $2.073 trillion, representing an increase of $14.2 billion or 0.7% from...
Browse these Top 5 Canadian Stocks for July 2024
July 24, 2024 02:00 PM AEST| By Team Kalkine MediaPrem Watsa’s Fairfax Financial Holdings (TSX:FFH) has been on a remarkable upward trajectory in recent years, driven by improved underwriting performance, solid returns from fixed-income securities, and astute investments. Currently trading comfortab...
AMC stock drops as Q2 forecast predicts $32.8M loss
July 24, 2024 02:00 PM AEST| By Team Kalkine MediaThis morning, AMC Entertainment (NYSE:AMC) announced preliminary results for the second quarter, projecting a loss of $32.8 million compared to a profit of $8.6 million reported a year ago. Adjusted earnings came in at $29.4 million, significantly do...
Bank of Canada slashes rate to 4.5%, flags downside risks ahead
July 24, 2024 02:00 PM AEST| By Team Kalkine MediaThe Bank of Canada (TSX:NA) cut interest rates by a quarter percentage point for a second consecutive meeting and signaled further easing ahead as inflation concerns abate.,Led by Governor Tiff Macklem, policymakers reduced the benchmark overnight ra...
WestJet partners with Telus to offer free satellite internet to rewards members
July 24, 2024 02:00 PM AEST| By Team Kalkine MediaHighlights,WestJet Rewards members will enjoy free internet onboard using Starlink from December.,Starlink's technology ensures high-speed, low-latency internet for seamless streaming and gaming.,By end of 2025, all of WestJet's narrow-body fleet wil...
Tech Woes Trigger Market Slump Amid Global Earnings Disappointments
July 24, 2024 02:00 PM AEST| By Team Kalkine MediaSummary:,- Big Tech's underperformance affects markets, with declines in Tesla, Alphabet, and the Nasdaq Composite.,- Europe's luxury stocks and Deutsche Bank shares fall after disappointing results.,- IBM, Chipotle, and Ford's results are anticipate...
Golden Opportunities: Leading TSX Gold Stocks to Watch in July 2024
July 24, 2024 12:22 AM AEST| By Team Kalkine MediaAfter years of underperformance, gold has finally surged and is reasserting its role as a stable metal.,The S&P/TSX Global Gold Index has outperformed the TSX Index in 3 of the last 4 years. This trend has been driven by the global pandemic followed...
This Dividend Stock is Offering 4.1% Dividend Yield
July 23, 2024 10:32 PM AEST| By Team Kalkine MediaCanadian Natural Resources (TSX:CNQ) appears to be a compelling investment opportunity for investors seeking recurring passive income through quality dividend growth stocks. Here’s a detailed analysis of why CNQ stands out:,Overview of Canadian Natur...
Canfor Corporation (TSX: CFP) Announces Retirement of CEO Don Kayne, Appoint New Successor
July 23, 2024 03:59 PM AEST| By Team Kalkine MediaJohn Baird, Chairman of the Canfor Corporation (,TSX: CFP,) Board of Directors, has announced that Don Kayne, the company's President and Chief Executive Officer, plans to retire at the end of the year. This leadership change comes after a remarkable...