Daily News

Source: Financialpost February 05, 2024

4 Canadian sectors investors should watch

Watch: Brian Belski, chief investment strategist at BMO Capital Markets, walks investors through some of the bank's betsBrian Belski, chief investment strategist at BMO Capital Markets, talks with Financial Post’s Larysa Harapyn about the four Canadian secto...

Source: Financialpost February 05, 2024

Airline fares set to soar in summer

Watch: Aviation expert John Gradek explains what will drive up the cost of flyingJohn Gradek, a faculty lecturer in supply networks at Montreal’s McGill University, talks with Financial Post’s Larysa Harapyn about why airline fares are expected to soar this...

Source: Financialpost February 05, 2024

Canadians should book their flights now as airline fares set to soar this summer, says expert

Customers are currently enjoying the benefits of a domestic price war among airlinesNow may be the best time for Canadians to buy airline tickets because fares are set to soar this summer, according to an industry expert. We apologize, but this video...

Company News Source: BNN Bloomberg February 03, 2024

Apple's China slump deepens even as total sales grow again

Apple Inc. reported a deepening slump in China during the holiday quarter, even as total iPhone sales were stronger than expected and the company returned to revenue growth.  Sales in China dropped 13 per cent to US$20.8 billion in the fiscal first quarter...

Market Call Source: BNN Bloomberg February 03, 2024

Cole Smead's Top Picks: February 2, 2024

Cole Smead, president and portfolio manager, Smead Capital Management FOCUS: Energy stocks  MARKET OUTLOOK: Expect poor returns for the S&P 500. Non-U.S. markets will do better. Canada is our biggest single-country exposure in our non-U.S. portfoli...

Source: BNN Bloomberg February 03, 2024

Small-cap innovation stocks with upside: ATB analyst

Canadian small-cap innovation stocks are an area often overlooked by investors, but an analyst says the sector is primed for growth this year. Martin Toner, director of institutional research, growth and innovation at ATB Capital Markets, told BNN Bloomber...

Source: BNN Bloomberg February 03, 2024

Markets today: U.S. stock bull run powers ahead as U.S. economy roars

The stock market extended this week’s gains as big tech rallied and a solid jobs report bolstered the outlook for corporate profits. Equities hit all-time highs, with the S&P 500 approaching 5,000 and the Nasdaq 100 up about 2 per cent on bullish outlooks...

Source: BNN Bloomberg February 03, 2024

The Week Ahead: Toronto housing numbers; BoC Governor speech

Monday Feb. 5 Notable data: Bank of Canada fourth quarter Market Participants Survey Earnings: Tyson Foods, McDonalds, Caterpillar, Simon Property Group, Palantir, TMX Group Tuesday Feb. 6 Notable data: Toronto housing numbers from TRREB, S...

Source: Financialpost February 03, 2024

Clock is ticking for Justin Trudeau to unload Trans Mountain expansion

Pipeline scheduled to start pumping oil in the second quarter, but its sale faces many challenges including a looming electionJustin Trudeau has promised one of the largest government-led asset sales in Canadian history by divesting the Trans Mountain pipeli...

Source: Financialpost February 03, 2024

Rate-cut rumblings could spur sweeter mortgage deals

Robert McLister: If you shop around, you can now land variables as low as 6.55% if uninsured, and 5.90% if insuredCanada’s mortgage rate market got good news out of Washington Jan. 31 as the United States Federal Reserve confirmed the likelihood of interest...