All about Canadian investments. Learn the ins and outs and get the latest news.
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A bubble in pot stocks, David Rosenberg's warning to bulls, and why yield chasers need to be wary + MORE Dec 9th
A roundup of investment ideas for active investors
.... More »
Should this DIY investor go all in on this international ETF? May 29th
Ask MoneySense
I am seriously considering investing in ETFs. Is there a penalty or limit into investing solely on an international ETF such as XAW?—Michael
Exchange-traded funds (ETFs) can be a great investment tool, Michael. There are over 900 ETFs listed on the TSX right now, according to th.... More »
Why it’s time to raise the TFSA limit to $8,500 + MORE Feb 25th
If the government won’t increase RRSP contribution room for high earners, a reasonable alternative might be to modestly increase TFSA contribution room for everyone.
Canadians are notoriously nice consensus seekers. The old joke might be that they tend to never cross the road becau.... More »
US stocks and dollar slide after Trump attacks Fed chair Powell - BBC + MORE Apr 22nd
US stocks and dollar slide after Trump attacks Fed chair Powell BBCUS dollar hits three-year low after Trump intensifies attack on Fed chair Powell – business live The GuardianStock markets tumble as investors pull back from American assets CBCTrump warns U.S. econ.... More »
How much is capital gains tax in Canada?—and other questions answered May 6th
The 2024 federal budget proposed changes to how capital gains are taxed for Canadians. Certain taxpayers will now be subject to a two-thirds inclusion rate instead of one-half on part or all of their capital gains.
The capital gains inclusion rate refers to how much of a capital gain is inc.... More »
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,555.41, down 188.84 points):
B2Gold Corp. (TSX:BTO). Miner. Down 27 cents, or 7.85 per cent, to $3.17 on 12.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financial Services. Up 49 cents, or 2.23 per cent, to $22.43 on 11.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up seven cents, or 3.57 per cent, to $2.03 on 10.4 million shares.
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Up 26 cents, or 2.86 per cent, to $9.34 on 9.1 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 41 cents, or 9.15 per cent, to $4.07 on 8.3 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 14 cents, or 10.22 per cent, to $1.23 on 8.3 million shares.
Companies reporting major news:
Hudson’s Bay Company (TSX:HBC). Retailer. Down $1.76, or 10.63 per cent, to $14.80 on 866,338 shares. The company that owns the Bay, Lord & Taylor and Saks Fifth Avenue says sales across most of its retail business have fallen below expectations and it’s revising estimates for the 2016 financial year…
Toronto Stock Exchange (14,555.41, down 188.84 points):
B2Gold Corp. (TSX:BTO). Miner. Down 27 cents, or 7.85 per cent, to $3.17 on 12.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financial Services. Up 49 cents, or 2.23 per cent, to $22.43 on 11.9 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up seven cents, or 3.57 per cent, to $2.03 on 10.4 million shares.
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Up 26 cents, or 2.86 per cent, to $9.34 on 9.1 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 41 cents, or 9.15 per cent, to $4.07 on 8.3 million shares.
Athabasca Oil Corp. (TSX:ATH). Oil and gas. Down 14 cents, or 10.22 per cent, to $1.23 on 8.3 million shares.
Companies reporting major news:
Hudson’s Bay Company (TSX:HBC). Retailer. Down $1.76, or 10.63 per cent, to $14.80 on 866,338 shares. The company that owns the Bay, Lord & Taylor and Saks Fifth Avenue says sales across most of its retail business have fallen below expectations and it’s revising estimates for the 2016 financial year…
Murphy Oil sinks along with crude; Nvidia soars
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Nvidia Corp., up $20.20 to $87.97
The maker of graphics processors reported earnings and revenue that beat analyst’s forecasts.
Michael Kors Holdings Ltd., down $2.06 to $49.70
The luxury retailer issued a disappointing forecast, citing lower mall traffic.
LifeLock Inc., up $1.48 to $19.12
Bloomberg News reported that the company, which provides identity theft protection services, is in talks to be taken private.
Microsemi Corp., up $3.24 to $51.10
The maker of semiconductors for power management reported earnings that beat analysts’ forecasts.
Nordstrom Inc., up $2.69 to $58.72
The department store operator reported earnings that easily beat analysts’ forecasts.
Walt Disney Co., up $2.72 to $97.68
The owner of Marvel, Star Wars and its own Pixar and Disney Studios, is forging ahead with new streaming deals involving Netflix, Hulu and others.
J.C. Penney Co.., up 35 cents to $9.16
The stock rose despite the struggling retailer cutting its sales forecast for the year…
Nvidia Corp., up $20.20 to $87.97
The maker of graphics processors reported earnings and revenue that beat analyst’s forecasts.
Michael Kors Holdings Ltd., down $2.06 to $49.70
The luxury retailer issued a disappointing forecast, citing lower mall traffic.
LifeLock Inc., up $1.48 to $19.12
Bloomberg News reported that the company, which provides identity theft protection services, is in talks to be taken private.
Microsemi Corp., up $3.24 to $51.10
The maker of semiconductors for power management reported earnings that beat analysts’ forecasts.
Nordstrom Inc., up $2.69 to $58.72
The department store operator reported earnings that easily beat analysts’ forecasts.
Walt Disney Co., up $2.72 to $97.68
The owner of Marvel, Star Wars and its own Pixar and Disney Studios, is forging ahead with new streaming deals involving Netflix, Hulu and others.
J.C. Penney Co.., up 35 cents to $9.16
The stock rose despite the struggling retailer cutting its sales forecast for the year…
Election night's pointed investment lesson, a Trump-and-Dump strategy, and why dividend stocks are on sale
– theglobeandmail.com
A roundup of investment ideas for active investors
Meet Pro-Growth Donald Trump
– online.wsj.com
Just pray there’s no financial crisis that causes him to unlimber his anti-trade instincts.Business Highlights
– canadianbusiness.com
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Trump’s path to boosting infrastructure is full of potholes
WASHINGTON (AP) — Donald Trump has vowed to rebuild the nation’s roads, bridges, airports and railways, but the path to delivering on that promise is full of potholes. When President Barack Obama tried to do it, a Republican Congress fought him at almost every turn, and Trump would have to contend with his party’s deep-seated dislike for government spending and higher taxes to meet the $1 trillion tab for his proposals.
But Trump has been vague what about he’d do and what it would cost. During the campaign he said he’d double the $275 billion boost in government infrastructure spending proposed by his Democratic opponent, Hillary Clinton. A recent paper by Trump advisers calls for using federal tax credits to generate $1 trillion in private sector infrastructure investment over a decade. To offset the cost of the credits, U.S. corporations would be encouraged to bring home profits parked overseas to avoid taxes, in exchange for a low tax rate…
Trump’s path to boosting infrastructure is full of potholes
WASHINGTON (AP) — Donald Trump has vowed to rebuild the nation’s roads, bridges, airports and railways, but the path to delivering on that promise is full of potholes. When President Barack Obama tried to do it, a Republican Congress fought him at almost every turn, and Trump would have to contend with his party’s deep-seated dislike for government spending and higher taxes to meet the $1 trillion tab for his proposals.
But Trump has been vague what about he’d do and what it would cost. During the campaign he said he’d double the $275 billion boost in government infrastructure spending proposed by his Democratic opponent, Hillary Clinton. A recent paper by Trump advisers calls for using federal tax credits to generate $1 trillion in private sector infrastructure investment over a decade. To offset the cost of the credits, U.S. corporations would be encouraged to bring home profits parked overseas to avoid taxes, in exchange for a low tax rate…
