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>>>
Warren Buffett’s big bet on Apple just got a whole lot bigger. But the billionaire investor is out of IBM.
Buffett’s Berkshire Hathaway bought a whopping 75 million more shares of the iPhone maker in the first quarter.
News of Buffett adding to his already sizable stake in Apple was reported by CNBC. The announcement, divulged during a Thursday night interview, cameahead....More>>>
A leading cannabis company in the U.S. is seeking validation through a run on a global exchange.
MedMen Enterprises Inc., which operates retail stores in California, Nevada and New York, began trading Tuesday on the Canadian Securities Exchange under the symbol MMEN. The company is one of the largest cannabis firms trading on a Canadian exchange, according to BNN Bloomberg.
Earlier this week, small capCell MedX Corp (OTCQB: CMXC) announced that it has completed its registration process with the FDA and has initiated an application process to receiveclearance for use of its eBalance device as Class II non-exempt device. Cell MedX Corpsebalance technology is designed to alleviatecomplications associated with certain medical conditions by reinvigorating the electrochemical....More>>>
November 15, 2017: Here are four stocks trading with heavy volume among 179 equities making new 52-week lows in Wednesday’s session. On the NYSE decliners led advancers by about 3 to 2 and on the Nasdaq, decliners led advancers by roughly the same ratio.
Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) dropped more than 17% again Wednesday to post a new 52-week low of $1.68 after closing....More>>>
For centuries, physical gold has served as an effective crisis hedge. When economies take a severe downturn and paper money gets devalued, a stash of gold can save you from losing your shirt.
Our friendly neighbors to the north would do well to remember that wisdom—because they’ve been experiencing the mother of all housing bubbles.
“At this point,” says Jared....More>>>
Investors of Air Canada (AC.TO) (OTCQX:ACDVF) have been rewarded nicely over the last few years (150% return in 2017). I believe there is still significant runway for the largest airline in Canada.
EBITDAR Expected to Improve in 2018
During Q3 2017, passenger revenue grew 9% over same quarter last year, while yield improved 0.4%. The improvement was mostly driven by yield increases....More>>>
Investment company Forte Capital Llc buys Cummins Inc, Canadian National Railway Co, Maxim Integrated Products Inc, iShares Core U.S. Aggregate Bond, Colgate-Palmolive Co, DowDuPont Inc, NVIDIA Corp, Raytheon Co, Facebook Inc, Phillips 66, sells Vanguard Small-Cap, iShares TIPS Bond, iShares Russell 1000 Growth, E.I. du Pont de Nemours, iShares 7-10 Year Treasury Bond ETF during the 3-months ended....More>>>
Much like the Canadian banking sector, Canadian telecoms operate in an oligopoly dominated by a few key players. These companies are Telus (NYSE:TU), Rogers (NYSE:RCI), and Bell (NYSE:BCE).
Telus is my personal favorite among these stocks, and as such I’ve decided to share my investment thesis.
Note: All prices and other information is in Canadian dollars unless otherwise specified.
Irene Rosenfeld, CEO of Oreo and Cadbury maker Mondelez, will step down as head of the snack food giant in November. She is currently just one of 32 women to head up a Fortune 500 firm.
And when she does step down, the ranks of female chiefs will diminish.
Rosenfeld is being succeeded by Dirk Van de Put, the president and CEO of McCain Foods, a Canadian company known mainly for....More>>>