Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Trueblue Inc (NYSE:TBI) by 18.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,550 shares of the business services provider’s stock after purchasing an additional 4,700 shares during the period. Connor Clark....More>>>
Pembina Pipeline Corp. (NYSE:PBA) isn’t a name that most investors are probably familiar with since it’s a Canadian company. Not only that, but it’s much smaller than its more well-known national rivals Enbridge (NYSE:ENB) and TransCanada (NYSE:TRP), which have made their share of headlines in the U.S. due to some controversial pipeline projects.
Because Pembina Pipeline....More>>>
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
On this day 20 years ago, 3,400 members of the United Auto Workers union walk out of their jobs at the General Motors Company (NYSE: GM) Flint, Michigan plant.
Where The Market Was
The Dow closed at 9,037.71. The S&P 500 traded at around 1,113.86.....More>>>
Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.
New Gold (NYSEMKT:NGD) is a mid-tier gold producer, poised to become one of the gold majors. The Canadian company operates four gold mines located in safe jurisdictions (Canada, USA, Australia, Mexico) and it develops two new major gold mines. The Rainy River mine is under construction and it should be completed in summer of 2017. The Blackwater mine is in the permitting process, with the start....More>>>
The big day is now less than four weeks away. On June 7, Canada’s Senate will vote on bill C-45, which is better known as the Cannabis Act. This bill aims to make recreational marijuana legal for purchase by adults 18 years of age and over. If approved by the Senate, the Cannabis Act likely will move swiftly through Canada’s federal government, allowing it to become the first developed....More>>>
In this segment of Motley Fool Money, host Chris Hill asks analysts Jason Moser, David Kretzmann, and Ron Gross to share which companies they have their eyes on, and why. Their picks are Southwest Airlines (NYSE:LUV), niche healthcare play iRhythm Technologies (NASDAQ:IRTC), and Canadian cannabis company Canopy Growth (NYSE:CGC). But let’s be clear — not all of these are buy recommendations.
Canadian Natural Resource Ltd (TSE:CNQ) (NYSE:CNQ) declared a quarterly dividend on Thursday, August 2nd, RTT News reports. Investors of record on Friday, September 14th will be paid a dividend of 0.335 per share on Monday, October 1st. This represents a $1.34 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Thursday, September 13th.
I like to allocate anywhere between 5-15% of my portfolio to lottery stocks. Usually they are cyclical or have a lot of leverage. And most of the time there is some sort of catalyst that will unlock value on the horizon. I would not advice large positions in any of these stocks. It is also best not to spend large amounts of time analyzing them as they will be small positions and are depending on....More>>>
This recession call is coming from inside the house.
The Bank of Canada has highlighted elevated household debt and imbalances within the nation’s real estate market as the two chief vulnerabilities to the financial system in the event of a recession.
But what could trigger such a downturn? Macquarie Capital Markets offers one simple answer: the housing market itself —....More>>>
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>>>
Michael A. Robinson
Editor’s Note: Michael pushed this out to his free Strategic Tech Investor readers last night. Now that they’ve had the chance to get ready, we want to make sure everyone has a chance to cash in here. To get Michael’s free tech- and pot stock-investing research for yourself each week, just click here. Here he is…
I knew legal cannabis began....More>>>
As expected, the first day of the Farnborough Airshow was a busy one for the two major commercial jet makers. Boeing Co. (NYSE: BA) announced orders for some 59 new passenger jets, while European rival Airbus said it took orders for 100 new planes. Not all these orders are new or firm.
Before turning to the scoreboard, one item of special interest is an order from United Airlines for 25 Embraer....More>>>
Canada Goose Holdings’ (NYSE:GOOS) fiscal fourth-quarter 2018 earnings, released on June 15, have propelled the company’s already impressive stock chart into, well, a goose-neck pattern:
GOOS data by YCharts.
The company surprised investors with results that surpassed expectations on multiple fronts. Revenue soared 41% year over year to $403.8 million (Canadian dollars),....More>>>
Canada’s purchase of Kinder Morgan Inc.’s embattled pipeline is good news for the oil patch, so long as it doesn’t become the norm.
While the $3.5 billion Trans Mountain takeover keeps alive a project seen as critical to expanding markets for Canada’s crude and improving the price oil-sands producers get paid, it also reveals how key infrastructure projects can....More>>>