Canadian National Railway (NYSE:CNI) (TSE:CNR) – Equities research analysts at Desjardins boosted their Q3 2018 earnings per share estimates for shares of Canadian National Railway in a research note issued on Monday, October 8th. Desjardins analyst B. Poirier now anticipates that the transportation company will earn $1.09 per share for the quarter, up from their previous forecast of $1.09.....More>>>
&l;p&g;The U.S. has been engaged in a trade war with China for the last two months. But now the trade war has gone global. From tomorrow, June 1st, Canada, Mexico and the EU will face 25% tariffs on steel exports to the U.S. and 10% tariffs on aluminium.
The move caused further turmoil on markets already unsettled by Italy&a;rsquo;s political crisis. The Dow Jones industrial average dropped....More>>>
Big things are happening in the Canadian legal weed industry. With the passage of the Cannabis Act on June 19, and Prime Minister Justin Trudeau setting an official legalization date of Oct. 17, the Canadian weed industry sits less than four months away from a green rush. When adult-use marijuana becomes legal, we could be looking at the addition of $5 billion in annual sales. Rocketing from a few....More>>>
U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Wednesday, October 3rd, NASDAQ reports. Investors of record on Monday, October 15th will be given a dividend of 0.002 per share by the asset manager on Monday, October 29th. This represents a $0.02 annualized dividend and a yield of 1.58%. The ex-dividend date is Friday, October 12th.
U.S. Global Investors has decreased....More>>>
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After more than a year of trying to make nice, Justin Trudeau finally looks fed up with Donald Trump.
Canada had pushed for an exemption from Trump’s tariffs — thinking, now naively, there’d be a perk to being a neighbor, ally and largest buyer of U.S. goods. Trudeau had bitten his tongue through skirmishes over airplanes, lumber and North American Free Trade Agreement....More>>>
Leidos Holdings Inc (NYSE:LDOS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Leidos Holdings Inc is engaged in providing scientific, engineering, system integration, technical services, and solutions to various government entities, including the U.S. Department of Defense and the Department of Homeland Security. Leidos Holdings Inc has a market cap of $9.96 billion;....More>>>
New York State Common Retirement Fund reduced its stake in shares of Canadian Pacific Railway (NYSE:CP) (TSE:CP) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,700 shares of the transportation company’s stock after selling 4,500 shares during the quarter. New York....More>>>
Shares of Cronos Group Inc. (NASDAQ:CRON) were 8.7% lower as of 3:10 p.m. EDT on Friday after falling nearly 11% earlier in the day. Cronos didn’t report any new developments that would cause the pullback, but its stock appeared to be weighed down by a sell-off in another Canadian marijuana stock, Tilray. Shares of Tilray were down as much as 31% during earlier trading....More>>>
This has been a year of big changes for the marijuana industry. Namely, our neighbor to the north passed bill C-45 on June 19, which also is known as the Cannabis Act. It will allow Canada to become the first industrialized nation in the world and second, overall, to legalize recreational marijuana for adults.
As you may have guessed, the possibility of adding $5 billion in annual sales has....More>>>