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>>>
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>>>
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>>>
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>>>
Ready or not, the Canadian cannabis industry is about to flower before our eyes. Over the next couple of weeks, it’s highly expected that Canada will officially legalize recreational marijuana, becoming the first developed country in the world to do so. By September or October, adults should be able to purchase marijuana legally in Canada.
What does the legal weed industry mean for....More>>>
Canadian Prime Minister Justin Trudeau has renewed his threat to scrap a potential deal to buy fighter jets from Boeing.
Trudeau called the U.S. plane manufacturer’s trade action against Canadian company Bombardier “unwarranted” and added that if Boeing (BA)continues the dispute, Canada won’t be buying Boeing’s F/A-18 Super Hornet fighter jets. The deal could....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>>>
The US just lost a trade battle with Mexico. It’s the first loss of the Trump era.
Mexico and the US have fought for years over tuna. The US insists that any Mexican tuna sold in the US must be “dolphin safe,” meaning dolphins weren’t killed by tuna fisherman, which was once common. Mexico says its fisherman play by the rules. The US government disagrees.
Freeport-McMoRan (FCX) tumbled to the bottom of the S&P 500 today as the dollar rose and copper prices fell.
Agence France-Presse/Getty Images
Freeport-McMoRandropped 4.9% to $13.31 today, while the S&P 500 fell 0.6% to 2,381.92. The ICE U.S. Dollar Index rose 0.4% today, and
Front Month Comex Copper for March delivery declined 1.7% to $2.6795 today.
The S&P 500 is up nearly 7% year-to-date, but the average stock in the index is up just 5.70%. This means the largest stocks in the cap-weighted index are outperforming the smallest names. Even still, two-thirds of the stocks in the S&P are up year-to-date, while 35% of stocks are up more than 10%. Seventy stocks are up more than 20%, while just 25 are up more than 30%.
Below is a....More>>>