Watching the fireworks yesterday, a houseguest commented on why the techno display is bad for the environment (there’s always one in every crowd, isn’t there…!) It’s hard to ignore the majesty of a well produced fireworks display, and I don’t really see too many people hopping on the “let’s clean up the environment by eliminating standard 4th....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.
While Kinder Morgan (NYSE:KMI) is one of the largest energy-infrastructure companies in North America, most of its assets are in the United States. However, an outsized portion of the company’s near-term growth is in Canada due to one major project. Given the size of the project, the company is currently looking at a range of financing options, which could lead it to get creative with its....More>>>
A strong start to Q1 earnings season and optimism that the U.S. and China will avoid a full-blown trade war has helped stocks rebound from early-April volatility over the past week and a half, renewing investor confidence around the world.
Fresh bullishness over the past few trading periods has inspired positive trading in several key global markets. But interestingly enough, a number of....More>>>
Shares of Baytex Energy (NYSE:BTE) slumped more than 10% by 10:15 a.m. EDT on Monday after the company agreed to a strategic combination with Canadian rival Raging River Exploration (TSX:RRX).
Baytex Energy has agreed to merge with Raging River in an all-stock deal. The company will exchange 1.36 of its shares for each share of Raging River, valuing....More>>>
The U.S. dollar edged slightly higher against its main rivals on Wednesday as the British pound fell from a new post-Brexit high on disappointing inflation data, and the Canadian dollar slipped as the Bank of Canada left rates unchanged.
Dont miss: Why currency traders hate their jobs right now
What are currencies doing?
The ICE U.S. Dollar Index
Investors are decamping Canadian banks ahead of earnings season, with six straight weeks of outflows from the largest exchange-traded fund tracking the industry.
The BMO Equal Weight Banks Index ETF saw a record C$263 million ($204 million) leave the fund between April 2 and May 11, according to data compiled by Bloomberg.
General Electric Co. (NYSE: GE) shares dropped 1.8% last week, closing Friday with a gain of less than 0.2% and a 32-cent (0.18%) decline for the week. GE has no real challenger as the worst performing equity on the Dow Jones Industrial Average (DJIA) index. For the year to date, the shares have suffered a loss of more than 44%.
This is the industrial giant’s 23rd consecutive week as....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>>>