Did you know that Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) went skidding into the end of 2017? Some investors may not have noticed the underperformance in Google stock, as it stumbled up to and through the holiday trading periods. On Dec. 18, Alphabet stock leaped to new all-time highs, before d
Related Banking Problems In The Cannabis Industry Are 'Somewhat Overblown In The Press' IAnthus CEO Talks About Raising Capital For U.S. Cannabis Companies In Canadian Markets And Marijuana Stocks To Watch
Earlier this month, cannabis-focused financing and advisory firm....More>>>
Stocks squeaked out a gain today to end their three-day losing streak in the wimpiest way possible.
The S&P 500 gained 1.89 points, or 0.08%, to 2,364.87 today, while the Dow Jones Industrial Average ticked up 2.46 points, or 0.01%, to 20,858.19. The Nasdaq Composite advanced 1.25 points, or 0.02%, to 5,838.81.
Back on March 1st, I wrote that Royal Bank of Canada (NYSE:RY) was “a great value” with shares down at $51. Today, US shares of Royal sit at $61, a significant appreciation in value over the last six months. Overall, that would be a gain of about 19%. Not bad at all.
Courtesy of Google Finance.
Shares are significantly higher today. In addition, Royal Bank of Canada....More>>>
Related GIS Watch These 5 Huge Put Purchases In Friday Trade Wall Street's M&A Chatter From May 4: General Mills, Brookdale Senior Living, Allergan-Paratek 5-Week Company Lows (GuruFocus) Related Watch These 8 Huge Call Purchases In Friday Trade Turning Your Vacation Into A Stock Portfolio....More>>>
Please note that due to the higher liquidity of Tio Networks on the TSX exchange via the ticker TNC.V, all amounts in this article are in Canadian dollars. This is consistent with its reporting currency.
In the course of my investing career, I have learned it is worthwhile to go back and revisit the thesis on an investment to ensure it remains valid, whether or not its share value is up or....More>>>
Energy Storage Agreements (ESAs) will upend the coal generating business. I have been traditionally skeptical of the concept pushed by greenies that wind and solar will replace coal and nuclear fuel, and that all we need are windmills and solar panels for as far as the eye can see. Their biggest challenge is the intermittent nature of their generating footprint vs. the grid’s base load requirements....More>>>
The Athabasca Basin is a region covering around 100,000 square kilometers in the Canadian Shield of northern Saskatchewan and a small portion of Alberta in Canada that suppliesas much as20% of the world’s uranium. Its also the world’s leading source of high-grade uraniumas10 of the 15 highest grade uranium deposits in the world are found in the region.
When Canada’s Public Sector Pension Investment Board tried to redeem $500 million from Boaz Weinstein’s Saba Capital in 2015, the $116 billion pension fund for the Royal Canadian Mounted Police came to believe it was shortchanged during the process. In the fall of 2015, PSP sued Saba Capital, accusing the highly followed hedge fund of “self-dealing” and mis-marking illiquid....More>>>
Many have worried about the prospects of the Trans Mountain Expansion Project of Kinder Morgan (KMI) for longer than the project is worth. The odd logic about worrying about the project (in context of an IPO) is now Mr. Market may be more worried about the potential sale of a portion of the Canadian division. Either the potential sale is an advantage or the full ownership of the division executing....More>>>
Prime Minister Justin Trudeau promised marijuana legalization in his 2015 campaign, and he’s making good on that promise. By July 2018, our neighbors to the North are expected to legalize recreational cannabis throughout the country.
Trudeau made the promise because it had broad support from the people. According to a 2016 survey conducted by Nanos Research/CTV News, 66% of Canadian....More>>>
Looking at the diary, today is the most important day of the week. The Bank of England and the Swiss National Bank meet. The UK reports retail sales. EMU reports CPI figures. The US reports retail sales, industrial output, and two September Fed surveys. Yet the economic updates are unlikely change sentiment ahead of next week FOMC and BOJ meetings.
The euro has been confined to a $1.1200-$1.1285....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.