It’s another up-and-down day as investors try to weigh what seems to be a strong U.S. economy and weakening global economy. This of course, makes it tough to bid up stocks to new highs, but at the same time, it’s hard to sell U.S. equities when it’s the best house in the neighb
In 4QFY18, Bharat Forge (BHFC) reported its fourth successive quarter of 30%+ YoY growth in standalone revenue, driven by robust CV sales in India and the US. Domestic business is likely to witness continued momentum going forward, driven by up-swing in CV cycle, while the domestic industrials segment will remain on a healthy footing.
Western Forest Products (OTCPK:WFSTF) is a timber company with a $740 million market cap whose operations are concentrated in British Columbia on Vancouver Island and on the coastal mainland. Timber is a decidedly out-of-favour sector right now, and Western tends to move with, or underperform, its Canadian peers such as Canfor (OTCPK:CFPZF), Interfor (OTC:IFSPF), West Fraser (OTCPK:WFTBF), Domtar....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.
More cash in the hands of rural Indians along with their willingness to spend spells good news for Mahindra & Mahindra Financial Services Ltd., a non-bank lender for purchasers of tractors and vehicles, by helping it rebound from shrinking profits and increasing bad loans.
“After two years of struggle, we’re seeing that rural sentiment has definitely turned positive and....More>>>
Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus rating of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings....More>>>
Investment company Jentner Corp buys Vanguard Growth, Schwab U.S. Small-Cap, Johnson & Johnson, sells PowerShares Optimum Yield Diversified Commodity St, SPDR S&P Global Natural Resources during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, Jentner Corp. As of 2017-12-31, Jentner Corp owns 26 stocks with a total value of $112 million. These....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>>>
The countdown is underway. In less than four months — Oct. 17, 2018, to be precise — it will officially be legal for adults in Canada to purchase marijuana. In becoming the first developed country in the world to give the green light to recreational weed, Canada has opened the door to an industry that could now see a $5 billion annual windfall of sales.
In April last year, Delta Air Lines Co. (NYSE: DAL) placed an order with Canada’s Bombardier for 75 of the company’s CS100 passenger jets and an option on an additional 50. The Canadian firm beat out Boeing Co. (NYSE: BA) for the order and Boeing fought back by making a case to the U.S. International Trade Commission (ITC) that Bombardier’s pricing was “absurdly low”....More>>>
Equities analysts expect Canadian Natural Resource Ltd (NYSE:CNQ) (TSE:CNQ) to post $0.74 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Canadian Natural Resource’s earnings, with the lowest EPS estimate coming in at $0.64 and the highest estimate coming in at $0.89. Canadian Natural Resource posted earnings of $0.15 per share....More>>>
Thursday was a blockbuster day for the stock market at large, with major benchmarks soaring to new records. The Dow Jones Industrial Average set its first all-time high since January, rising about 250 points as investors felt more confident about a potential positive resolution to the trade tensions between the U.S. and several key trading partners. Looking more closely at certain sectors of the....More>>>
In early July, Brookfield Infrastructure Partners (NYSE:BIP) and Enbridge (NYSE:ENB) teamed up on a win-win deal for both companies. Brookfield Infrastructure is acquiring a business that will help plug a hole left after the company sold its electricity transmission business in Chile. Meanwhile, Enbridge will bring in some much-needed cash to reduce debt.
The U.S. population grew by just 0.6 percent from 2017 to 2018, the lowest annual growth rate in 80 years. While population growth is slowing at an alarming rate nationwide, some U.S. cities are bucking the trend, reporting booming population growth in recent years.