Tuesday was quiet on Wall Street, and major stock indexes edged lower without straying too far from where they started the session. Market participants seemed content to wait for more definitive news on key issues, including global trade, economic growth, and the U.S. debt ceiling. However, analysts spoke up about some promising stocks, sending their share prices higher. Aurora Cannabis (NYSE:ACB),....More>>>
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>>>
Thursday was a largely down day for the stock market, with the Dow Jones Industrial Average taking the biggest hit of the major benchmarks. The global turmoil over trade got a lot closer to home as the U.S. imposed new restrictions that led the Canadian government to issue retaliatory tariffs in response. Yet many broader-based measures of the market fell only slightly, showing that much of what....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.
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>>>
Shares of the Canadian pot grower Tilray (NASDAQ:TLRY) gained as much as 13% on heavy volume Friday.
Given the lack of a discernible news event, Tilray’s shares appear to be simply resuming their monstrous uptrend that’s been ongoing pretty much ever since the company went public last July. Following this latest positive double-digit move, the company’s....More>>>
&l;p&g;&l;img class=&q;dam-image ap size-large wp-image-2681cb0b667e453fb48bb2076227284e&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/2681cb0b667e453fb48bb2076227284e/960×0.jpg?fit=scale&q; data-height=&q;810&q; data-width=&q;960&q;&g; (AP Photo/Bebeto Matthews)
As most market observers have noted, Canadian cannabis producer, Tilray, is in the midst of a wild ride.....More>>>
The newspaper industry has been fighting tariffs on Canadian newsprint for months, claiming that they will devastate an already troubled business. A vote this week could decide whether those tariffs are here to stay.
The US International Trade Commission is expected to decide Wednesday whether imports of a type of Canadian paper are hurting American producers.
The commission could....More>>>
Oceaneering International (NYSE:OII) was the recipient of some unusual options trading activity on Monday. Stock traders purchased 833 put options on the stock. This is an increase of approximately 1,415% compared to the average daily volume of 55 put options.
Shares of NYSE OII opened at $23.30 on Tuesday. Oceaneering International has a twelve month low of $23.17 and a twelve month high....More>>>
Reinsurance Group of America (NYSE:RGA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Wednesday.
According to Zacks, “Shares of Reinsurance Group have outperformed the industry in a year's time. Consistently benefits from a mix of organic and transactional opportunities. Its niche position....More>>>
Crude oil prices have nearly reached $70 a barrel this year, and tensions in the Middle East coupled with a resurgence of U.S. and Canadian shale production could move that price to $80 soon. Many consumers may have trouble with the rise in gasoline and heating oil costs that come with such a high price. So will companies that rely on oil, gas and oil by-products.
Oil prices have not been....More>>>
Rockville, MD, based Investment company Burt Wealth Advisors buys International Business Machines, Canadian National Railway Co, Microsoft, Amgen, SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidC, West Pharmaceutical Services, Charter Communications, Qiagen NV, IQ Hedge MultiIQ Hedge Multi-Strategy Tracker, iShares Morningstar Large-Cap, sells PIMCO Enhanced Short Maturity Active Exchange-Trad,....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>>>
Monday June 19: Five things the markets are talking about
Last week saw a plethora of bad economic news stateside, starting with continued weakness in inflation, consumer confidence, housing and manufacturing. The Fed followed their script and removed the expected amount of stimulus on the assumption that inflation and the U.S economy will improve.
This week should be much quieter....More>>>
I have sold my shares in my business as part of my plan to retire at 55. I now have to rely on investments alone for income. Selling a business generates money upfront, but then what? I had taken over my own investments from mutual funds in 2009, and I guess that made me lucky rather than good. Since the crash of oil, investing has been a lot less fun and a lot less profitable.