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Stocks Give Back Gains at Open
December 07, 2020
Monday, December 7, 2020 10:36 AM EST Stocks Give Back Gains at Open Aurora, OceanaGold in Focus Equities in Canada’s main index gave way on Monday, dragged down by weakness in energy stocks, while...
Pfizer Ekes out on Green Light for Vaccine
December 07, 2020
Monday, December 7, 2020 Pfizer Ekes out on Green Light for Vaccine Pfizer Inc’s (NYSE:PFE) shares moved slightly higher Monday, on word from Fox news its COVID-19 vaccine on Thursday. Pfizer also...
Kodak Shares Soar as Name Cleared
December 07, 2020
Monday, December 7, 2020 Kodak Shares Soar as Name Cleared A federal agency found no wrongdoing concerning the stalled U.S. government loan to Eastman Kodak (NYSE:KODK), The Wall Street Journal...
Stocks in Play: CareRx Corporation
December 07, 2020
Monday, December 7, 2020 09:51 AM EST - CareRx Corporation : Announced that its strategic partner and investee company, AceAge Inc., a Canadian healthcare technology company with its innovative...
BlackRock Ready for Economic Reboot in ’21 and Beyond
December 07, 2020
Monday, December 7, 2020 BlackRock Ready for Economic Reboot in ’21 and Beyond BlackRock (NYSE:BLK) has raised equities to overweight for 2021, based on its view that the restart of the economy will...
Billionaire Investors Are Investing Heavily in the Psychedelics Boom
December 07, 2020
Monday, December 7, 2020 Billionaire Investors Are Investing Heavily in the Psychedelics Boom Billionaires, like Peter Thiel are investing in psychedelic stocks. In fact, he just backed ATAI Life...
The 3 Hottest Electric Car Stocks For 2021
December 07, 2020
Monday, December 7, 2020 The 3 Hottest Electric Car Stocks For 2021 Never before in the history of money-making has wealth accumulation happened as fast as it has with Elon Musk. Tesla (NASDAQ:TSLA)...
Futures Down to Start Week
December 07, 2020
Monday, December 7, 2020 08:26 AM EST Futures Down to Start Week COVID Vaccine Could be on Way to Canada Futures for Canada's main stock index fell on Monday, weighed by lower crude prices and rising...
Airbnb To Raise IPO Price Range To $56-$60 A Share
December 07, 2020
Monday, December 7, 2020 Airbnb To Raise IPO Price Range To $56-$60 A Share Airbnb has raised the target price range for its initial public offering (IPO) to between $56 and $60 per share, underscoring...
Britain And European Union Enter Critical Brexit Negotiations As Deadline Looms
December 07, 2020
Post-Brexit trade talks hang in the balance as Britain and the European Union make a last-ditch effort to reach a deal and avoid a disorderly exit that could take place in less than a month. With...
Walmart Canada To Pay 85,000 Employees A Special Bonus
December 07, 2020
Monday, December 7, 2020 Walmart Canada To Pay 85,000 Employees A Special Bonus Walmart Canada (NYSE:WMT) has announced new cash bonuses for its workers, saying the “appreciation payment” recognizes...
Micron and Semiconductors Break Out
December 07, 2020
Monday, December 7, 2020 Micron and Semiconductors Break Out In the last week, Micron Technology (NASDAQ:MU) rose 14% and closed at a high of $73.34. The memory supplier presented at the Credit Suisse...
Why The World Can’t Quit Fossil Fuels
December 07, 2020
Monday, December 7, 2020 Why The World Can’t Quit Fossil Fuels Have the recent pronouncements of the death of oil and reigning renewables been more rhetoric than reality? Yes and no. It’s true that...
Why Alphabet Stock Is On My Watch List
December 07, 2020
Monday, December 7, 2020 Why Alphabet Stock Is On My Watch List A blue-chip large-cap technology leader, Google parent Alphabet Inc (NASDAQ:GOOG) is a company I’ve had on my watch list for some time,...
Asia Mixed Amid Singapore Bank Troubles
December 07, 2020
Monday, December 7, 2020 Asia Mixed Amid Singapore Bank Troubles Asia-Pacific markets traded mixed on Monday, with shares in Japan, Hong Kong and the Chinese mainland struggling for gains. Investor...
France’s Total Looks To Sell Its Stake In Kurdistan Oilfield
December 07, 2020
Monday, December 7, 2020 France’s Total Looks To Sell Its Stake In Kurdistan Oilfield France’s supermajor Total is in talks to sell its 18-percent stake in an oilfield in Iraq’s semi-autonomous region...
TSX Climbs on Resource Strength
December 07, 2020
Monday, December 7, 2020 16:28 PM EST TSX Climbs on Resource Strength Alamos, Agnico-Eagle Lead Charge Gold mostly powered equities in Toronto higher Monday, overcoming losses in health and energy...
TSX Stays Positive, Hitting February Heights
December 04, 2020
Friday, December 4, 2020 12:07 PM EST TSX Stays Positive, Hitting February Heights Suncor, MEG in Focus Equities in Canada’s largest market rose on Friday to near 10-month highs, boosted by a jump in...
USD/CAD - Canadian Dollar Soaring
December 04, 2020
The Canadian dollar is soaring. USD/CAD traded at $1.3005 on Monday and $1.2850 in early Toronto trading today. It is a "risk-seeking" world, and the Canadian dollar is riding the coat-tails of a...
Stocks Jump on Jobs Figures, Energy Strength
December 04, 2020
Friday, December 4, 2020 10:31 AM EST Stocks Jump on Jobs Figures, Energy Strength Suncor, Seabridge in Focus Canada's main stock index rose on Friday to hover near 10-month highs, boosted by a jump in...
Stocks in Play: Neo Performance Materials Inc.
December 04, 2020
Friday, December 4, 2020 09:58 AM EST - Neo Performance Materials Inc. : Announced that it and funds managed by Oaktree Capital Management, L.P. have entered into an agreement with Paradigm Capital...
ULTA Dives on Upbeat Q3 Numbers
December 04, 2020
Friday, December 4, 2020 ULTA Dives on Upbeat Q3 Numbers Ulta Beauty Inc (NASDAQ:ULTA) reported upbeat earnings for its third quarter, while sales slightly missed views. Ulta Beauty’s comparable sales...
Big Lots Drops on Q3 Figures
December 04, 2020
Friday, December 4, 2020 Big Lots Drops on Q3 Figures Big Lots, Inc. (NYSE:BIG) shares lost much of their mojo Friday, on release of quarterly earnings. The Columbus, Ohio-based company reported net...
DoorDash Upps Price Range for IPO
December 04, 2020
Friday, December 4, 2020 DoorDash Upps Price Range for IPO U.S. food delivery startup DoorDash Inc now expects to raise up to $3.14 billion in its U.S. initial public offering after boosting its price...
Positive Futures as First Week of December Ends
December 04, 2020
Friday, December 4, 2020 08:37 AM EST Positive Futures as First Week of December Ends Dollarama, Mullen Group in Focus Futures for equities in Canada’s largest market rose on Friday as oil prices...
The Mental Health Miracle Taking Wall Street By Storm
December 04, 2020
Friday, December 4, 2020 The Mental Health Miracle Taking Wall Street By Storm Decades ago, Harvard Psychologist Dr. Timothy Leary flaunted the law by openly smoking marijuana -- and was once even...
U.S. Government Working On A Deal With Huawei’s Meng Wanzhou
December 04, 2020
U.S. Government Working On A Deal With Huawei’s Meng Wanzhou The U.S. government is discussing a deal with Huawei’s Chief Finance Officer (CFO) Meng Wanzhou, that would see her sent back to China from...
JPMorgan Forecasts Rally In Emerging Market Stocks
December 04, 2020
Banking giant JPMorgan (NYSE:JPM) forecasts that stocks in emerging markets will rise as much 20% in 2021 after being largely ignored by investors this year. China, India and many other emerging...
Saudi Wealth Fund Looks For $7 Billion Loan For "Opportunistic Investments"
December 04, 2020
Friday, December 4, 2020 Saudi Wealth Fund Looks For $7 Billion Loan For "Opportunistic Investments" The Public Investment Fund, the sovereign wealth fund of the world’s largest oil exporter Saudi...
OPEC+ Finally Reaches Deal On 2021 Oil Output Cuts
December 04, 2020
Friday, December 4, 2020 OPEC+ Finally Reaches Deal On 2021 Oil Output Cuts After much debate, the OPEC+ group has finally reached an agreement on oil production for next year. Or at least for January....
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