&l;p&g;With all the excitement around legalization of marijuana for recreational purposes in Canada, pot stocks in the country are having a gala time. Investors are rushing to buy these stocks to generate early returns from the newly opened recreational marijuana market, causing these stocks to witness a surge in their market value. However, it is becoming increasingly difficult to choose which....More>>>
Vail Resorts’ shares (MTN) have advanced substantially over the last five years as a result of acquisitions and steady business development. Even though the company operates in a seasonal business environment, its fundamentals are stable throughout the years and valuation techniques suggest the company’s shares offer an attractive entry point in sight of the following....More>>>
Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) reached a new 52-week high during trading on Thursday after CIBC raised their price target on the stock from C$280.00 to C$300.00. The company traded as high as C$278.80 and last traded at C$276.45, with a volume of 185556 shares changing hands. The stock had previously closed at C$274.90.
A number of other equities research analysts have....More>>>
Two outlets of Swedish retailer Hennes & Mauritz AB in South Africa were trashed in an anti-racism protest by the opposition Economic Freedom Fighters party on Saturday, broadcaster eNCA reported.
The targeted stores are in shopping malls in Johannesburg’s financial district, Sandton, and the capital, Pretoria, eNCA reported on its website, showing pictures of mannequins and....More>>>
India and Canada are linking up to promote the technology behind bitcoin and other cryptocurrencies.
Canadian government-backed researchers are joining forces with India’s vast tech industry to explore the use of blockchain in government and academic institutions, as well as businesses.
India’s tech industry association Nasscom and Canada’s Blockchain Research....More>>>
USD/CAD is trading at 1.2882, down 0.0027.
The pair continues to trade just above the lows of the session.
Statistics Canada reported that May manufacturing sales fell 1.0 percent versus rise of 1.0 percent in April.
Market chatter about global headline news and U.S. economic is making the rounds.
Posted-In: Canadian dollar USD/CADFutures Forex Markets
Michael A. Robinson
My team just got back to the States from the land of unlimited pot stock potential: Canada.
Organizers estimated some 15,000 growers, researchers, retailers, policymakers, industry insiders, and enthusiasts attended a “double-header” – a business conference and cannabis expo that proved to be the biggest single-day weed-centric event....More>>>
Kinder Morgan Inc. (NYSE: KMI) and its Canadian subsidiary Kinder Morgan Canada Ltd. already deliver 300,000 barrels a day of oil from the oil sands of Alberta to the coast of British Columbia. In late 2016, the company received approval from the Prime Minister Justin Trudeau and the federal government to proceed with a plan to expand the Trans Mountain pipeline to transport nearly 900,000 barrels....More>>>
Bank of Canada will hold its policy meeting on Wednesday and is widely anticipated to raise interest rates for the first time in seven years, with the move expected to drive interest rates and the Canadian dollar higher.
If the central bank does lift benchmark interest rates, it will become only the second major central bank after the Federal Reserve to tighten the monetary policy.
BidaskClub cut shares of Weyco Group (NASDAQ:WEYS) from a strong-buy rating to a buy rating in a report issued on Friday morning.
Separately, ValuEngine raised Weyco Group from a hold rating to a buy rating in a research note on Monday, April 2nd.
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Shares of Weyco Group stock opened at $31.04 on Friday. Weyco Group has a 52 week low....More>>>