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Adding 2 New Stocks To Stocks I Follow (SNAP, SHOP) + MORE Mar 17th
Today I’m happy to confirm that I’m adding 2 new stocks to the list of stocks that I follow:
Snapchat Inc (SNAP)
Shopify (SHOP)
Shopify (SHOP) is a Canadian based company that has a platform making it very easy for merchants to start selling their stuff online. That means making it eas.... More »
As US housing recovers, low incomes keep Detroit far behind Aug 7th
DETROIT – Ann and Oscar Mack had fallen behind on property taxes and knew they faced foreclosure on their home of 20 years. But they didn’t know their house on Maiden Street, in a blighted east side Detroit neighbourhood, was already listed for auction.
No one “let us know we were .... More »
Fraying Lululemon margins disappoint, hurting share price + MORE Sep 10th
Canadian yogawear retailer Lululemon Athletica Inc reported higher-than-expected quarterly profit and revenue, helped by strong store and online sales, and the company raised its full-year revenue and earnings forecast..... More »
How to read your investment statements Oct 16th
Failing to read your investment statements that arrive each month creates unnecessary risk and missed opportunities to catch errors, track progress, and stay aligned with your financial goals. Learning how to read your investment statement takes only a few minutes each month and provides important o.... More »
Canada’s Bankers Petroleum agrees to takeover by Chinese firm + MORE Mar 20th
Deal is worth nearly double Friday’s closing stock price
.... More »
The Financial Post’s Kristine Owram looks at some of the day’s top business and financial stories.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,859.12, down 5.95 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 3.20 per cent, to $1.29 on 14.6 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 50 cents, or 5.36 per cent, to $9.83 on 8.6 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up 45 cents, or 1.22 per cent, to $37.26 on 6.3 million shares.
Crescent Point Energy (TSX:CPG). Oil and gas. Up $1.55, or 10.11 per cent, to $16.88 on 6.2 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Down 19 cents, or 2.70 per cent, to $6.86 on 5.7 million shares.
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Up 39 cents, or 5.34 per cent, to $7.70 on 5.7 million shares.
Companies reporting major news:
Barrick Gold Corp. (TSX:ABX). Miner. Down 29 cents, or 3.07 per cent, to $9.15 on 4.7 million shares. Barrick Gold Corp. has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group…
Toronto Stock Exchange (13,859.12, down 5.95 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 3.20 per cent, to $1.29 on 14.6 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Up 50 cents, or 5.36 per cent, to $9.83 on 8.6 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up 45 cents, or 1.22 per cent, to $37.26 on 6.3 million shares.
Crescent Point Energy (TSX:CPG). Oil and gas. Up $1.55, or 10.11 per cent, to $16.88 on 6.2 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Down 19 cents, or 2.70 per cent, to $6.86 on 5.7 million shares.
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Up 39 cents, or 5.34 per cent, to $7.70 on 5.7 million shares.
Companies reporting major news:
Barrick Gold Corp. (TSX:ABX). Miner. Down 29 cents, or 3.07 per cent, to $9.15 on 4.7 million shares. Barrick Gold Corp. has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group…
Alberta deficit forecast at $5.9B as province feels impact of low oil prices – CBC.ca
– news.google.ca
CBC.caAlberta deficit forecast at $5.9B as province feels impact of low oil pricesCBC.caThe effect of low oil prices is starting to make an impact on Alberta finances, according to the province's first-quarter update released Monday, and it could get worse. A steep drop in the price of West Texas Intermediate crude in August is prompting …Alberta economy will be in recession, Notley government confirmsThe Globe and MailCanada's Oil-Dependent Alberta Province Projects Record DeficitWall Street JournalProjected deficit takes giant bite out of Alberta's financial cushionCalgary HeraldEdmonton Journal -Reuters Canada -Financial Postall 63 news articles »
Your essential reads on Canada’s economy
– macleans.ca
NEW YORK, NY – APRIL 29: Traders work on the floor of the New York Stock Exchange (NYSE) on April 29, 2015 in New York City. U.S. stocks closed down over 70 points on Wednesday as investors remained on cautious amid mixed earnings reports. (Photo by Spencer Platt/Getty Images)Amid so much talk of the “r-word” (recession, for those not afraid to say it aloud), as party leaders each position themselves as the saviours of Canada’s economy, Maclean’s offers a comprehensive reading list that gets you in the know on the challenges facing the country’s bottom line—and how politicians hope to fix all the uncertainty. We get you started with excerpts, but follow the links for the rest of each story.
How Canada’s economy went from boom to recession so fast
An in-depth look at the perfect storm that pushed Canada into recession
While Canadian consumers have so far helped offset the damage by their seemingly unending willingness to borrow and spend, the resulting debt that households have piled on now represents an economic risk in its own right—particularly if job and wage growth weaken…
CP Rail increases potential size of share buyback to 11.9M shares or 8% of float
– canadianbusiness.com
CALGARY – Canadian Pacific Railway Ltd. (TSX:CP) is increasing the maximum number of shares it my purchase for cancellation to more than 11.9 million or eight per cent of its public float.
Under the original normal course issuer bid approved by the Toronto Stock Exchange and announced in March, the railway planned to repurchase up to 9.14 million shares or six per cent of its float.
So far under the bid, which began March 18 and ends March 17, 2016, the company has repurchased almost 8.9 million common shares or about 5.9 per cent of the float.
The post CP Rail increases potential size of share buyback to 11.9M shares or 8% of float appeared first on Canadian Business – Your Source For Business News.
Under the original normal course issuer bid approved by the Toronto Stock Exchange and announced in March, the railway planned to repurchase up to 9.14 million shares or six per cent of its float.
So far under the bid, which began March 18 and ends March 17, 2016, the company has repurchased almost 8.9 million common shares or about 5.9 per cent of the float.
The post CP Rail increases potential size of share buyback to 11.9M shares or 8% of float appeared first on Canadian Business – Your Source For Business News.
