Daily News

Source: BNN Bloomberg January 30, 2024

Three Canadian industrial stocks to consider: ATB analyst

An analyst is highlighting buying opportunities in Canada’s industrial sector. Chris Murray, managing director of institutional research at ATB Capital Markets, told BNN Bloomberg that the sector is being supported by a wide breadth of demand, from governm...

Market Call Source: BNN Bloomberg January 30, 2024

David Burrows' Top Picks: January 29, 2024

David Burrows, president and chief investment strategist of Barometer Capital Management FOCUS: North American large caps MARKET OUTLOOK: After digesting the November-December overbought condition, the Nasdaq and the SPX have now made six new all-t...

Source: BNN Bloomberg January 30, 2024

Hedge fund Anson gains 18% as activist stock wins outpace crypto losses

Anson Funds Management returned 18.2 per cent in its main strategy last year, boosted by gains on investments in which the Canadian hedge fund manager took an activist role.  It marked the sixth straight year of positive returns for the Anson Investments M...

Source: BNN Bloomberg January 30, 2024

TSX recap: Index edges higher on tech strength

Canada's main stock index rose Monday as technology stocks helped lead broad-based gains despite weakness in energy, while U.S. markets also rose.  Markets picked up steam in the afternoon as Treasury yields fell. The S&P/TSX Composite Index closed up 7...

Source: Financialpost January 30, 2024

Canadian oil weakens as Trans Mountain pipeline expansion is delayed

Line was expected to be filled with oil starting in FebruaryCanadian heavy crude weakened as the Trans Mountain pipeline expansion faces yet another delay due to “technical issues” that emerged during construction. We apologize, but this video has fai...

Source: Financialpost January 30, 2024

A new way to use the old retirement laddering strategy to manage risk

Martin Pelletier: GIC strategy not that appealing for majority of income-seeking investorsIn the good old days, people retiring would implement a simple ladder strategy using guaranteed investment certificates that would provide some liquidity and more than...

Source: Financialpost January 30, 2024

Posthaste: Why the housing market rally might not be all that it seems

Real estate not out of the woods yet, warn economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why the housing market rally might not be all that it seems...

Source: Financialpost January 30, 2024

Leon's Furniture plans to unlock 'massive' real estate value by building 4,000 homes in Toronto

Residential, commercial and retail development aims to ease city's housing shortage, says CEOLeon’s Furniture Ltd. announced on Monday that it is closer to developing a master-planned community that includes 4,000 residential units in Toronto. We apol...

Source: Financialpost January 30, 2024

Top headlines: Flair Airlines owes $67 million in unpaid taxes, prompting federal seizure order

The latest business news as it happensToday’s headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Flair Airlines owes $67 million in unpaid taxes, prom...

Source: Financialpost January 30, 2024

Walmart store managers could soon be making more than $400,000 a year

New stock grants, wage hikes and bonuses part of retailer's efforts to attract and retain staffWalmart Inc. is offering annual stock grants as a new incentive for store managers, bringing potential pay for the most successful ones to more than US$400,000....