News
Suncor Energy (TSX:SU) Q3 2020 earnings declared
October 29, 2020 11:23 AM EDT | By Team Kalkine Media The company’s operating loss stood at C$302 million as compared to operating earnings of C$1.114 billion same quarter last year. Net...

Bank of Canada Maintains Policy Rate to Achieve 2% Inflation Target
October 29, 2020 11:16 AM EDT | By Team Kalkine Media The Bank of Canada announced that it will keep its overnight rate steady at 0.25 per cent until the inflation target of 2 per cent is achieved...

iShares S&P/TSX 60 (TSX:XIU) & BetaPro Natural Gas (TSX: HNU): 2 Tre...
October 29, 2020 07:17 AM EDT | By Kunal SawhneySummary The ETFs of iShares S&P/TSX 60 Index (TSX: XIU) and BetaPro Natural Gas Leveraged Daily Bull ETF (TSX: HNU) are currently trending on t...

S&P/TSX Down 2.71%; Husky & Cenovus Volume Leaders
October 28, 2020 10:19 PM EDT | By Team Kalkine MediaSpike in COVID-19 cases across Canada sent stocks tumbling on the Toronto Stok Exchange, making it the worst day since early July. Benchmark S&P/T...
Maple Leaf Foods Inc. (TSX: MFI) Q3 Sales Growth Up By 6.2% YoY
October 28, 2020 01:45 PM EDT | By Team Kalkine Media Maple Leaf Foods Inc. (TSX:MFI) announced sales growth of 6.2 per cent in its third quarter earnings FY20 ended on September 30, 2020. The...
Teck Resources (TSX:TECK) Q3 Revenue Plunges Almost One-Fourth YoY
October 28, 2020 01:44 PM EDT | By Team Kalkine Media Teck Resources Limited (TSX:TECK) posted EBITDA of C$519 million in its third-quarter 2020 earnings, a 49.9 per cent decline compared to C$...
Cogeco Communications (TSX:CCA) Revenues Up 3.7% in Q4 2020
October 28, 2020 01:43 PM EDT | By Team Kalkine Media The company’s revenue increased 3.7 per cent to touch C$605.2 million in Q4 2020. Adjusted EBITDA increased by 6.9 per cent ...
Neptune Wellness (TSX:NEPT) Inks Supply Deal With Ontario Cannabis S...
October 28, 2020 01:43 PM EDT | By Team Kalkine Media This agreement will enable sales and supply of Neptune’s recreational cannabis product line Mood Ring. Mood Ring...
Cenovus Energy (TSX:CVE) To Slash 25% Of Its Workforce
October 28, 2020 01:42 PM EDT | By Team Kalkine Media Cenovus Energy will be slashing 20 to 25 per cent of its workforce. Most reductions will be based in Calgary. Post the Husky...

IPO Buzz: Ant Group, DoorDash, Bumble, Canoo Prep for Public Debuts
October 28, 2020 01:37 PM EDT | By Kunal SawhneySummary There has been a 14 per cent growth in the number of IPOs filed globally this year, as per a 2020 study conducted by Ernst and Young. Chin...

3 Candy Stocks & An ETF For Halloween 2020
October 28, 2020 01:30 PM EDT | By Team Kalkine MediaThough the year 2020 has been quite choked with horror overall, thanks to the COVID-19 pandemic, people are still looking forward to celebrating the s...

Microsoft & Netflix trading flat despite robust results, Here’s Why
October 28, 2020 03:18 AM EDT | By Team Kalkine Mediaul> NASDAQ-listed Microsoft Corporation slipped lower on Tuesday post releasing its FY2021 Q1 earnings results as the tech giant fell short of anal...

Bears Haunt TSX Ahead Of Halloween, Index Drops 58.61 points
October 27, 2020 10:14 PM EDT | By Team Kalkine MediaGlobal equity markets tumbled on Tuesday amid fears of Lockdown 2.0 after coronavirus cases surged at a rapid pace in some parts of the world. Canadia...
Restaurant Brands International (TSX:QSR) Q3 Revenue Declines 8% YoY
October 27, 2020 10:53 AM EDT | By Team Kalkine Media In the third quarter of FY20, Restaurant Brands International Inc. reported a total revenue of US$ 1337 million, a fall of nearly 8.3 per ce...
Spin Master Corp (TSX:TOY) To Buy Parent Firm Of Iconic Rubik's Cube...
October 27, 2020 10:52 AM EDT | By Team Kalkine Media The leading international kid’s entertainment company, Spin Master, is set to acquire Rubik's Cube® parent company Rubik’s B...
West Fraser Timber (TSX:WFT) Profits Jumps Up to C$350mn
October 27, 2020 10:51 AM EDT | By Team Kalkine Media Sales increased by 32 per cent to C$1,690 million in the third quarter and higher timber prices contributed to the rise in earnings. The lu...
Western Energy Services Corp (TSX:WRG) Revenue Drops 71% in Q3
October 27, 2020 10:50 AM EDT | By Team Kalkine Media The revenue decreased by C$33.7 million in Q3 2020, from C$47.1 million in Q3 2019. Revenue from contract drilling segment dropped by 83 pe...
HSBC Bank Canada Profits Decline in Q3
October 27, 2020 10:47 AM EDT | By Team Kalkine Media Operating income for the quarter declined to C$472 million while net interest income dropped to C$244 million. Net fee income for the quart...

Bombardier (TSX:BBD) & Genworth MI Canada (TSX:MIC): Two Trending TS...
October 27, 2020 07:38 AM EDT | By Team Kalkine MediaSummary Bombardier is selling off its aerostructures business to Spirit AeroSystems Holding for a cash consideration of US$275 million under revise...

PayPal Goes Active on Crypto Space, Slew of News
October 27, 2020 05:04 AM EDT | By Team Kalkine MediaPayPal Introduces New Service Enabling Users to Transact Cryptocurrency: On 21 October 2020, PayPal announced the release of a new service that would...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024