Daily News

Source: BNN Bloomberg February 05, 2023

The Week Ahead: Macklem speaks at first event after rate hike; latest jobs data

Monday, February 6 Notable data: Ivey Purchasing Managers Index, U.S. Global Supply Chain Pressure Index Notable earnings: Tyson Foods, Take-Two Interactive Software, TMX Group, Chegg, Coveo Solutions, PrairieSky Royalty, TFI International, Activision...

Source: Financialpost February 05, 2023

Bond correction coming: What an economist and an investor say about inflation

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC FP Video looks at...

Source: Financialpost February 05, 2023

Higher interest rates here to stay until 2024: CIBC

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Watch: 'They have...

Source: Financialpost February 05, 2023

Forget Trump, Democrats Are Preparing Ways to Beat a DeSantis Campaign

Age, experience could be DeSantis strengths with Biden voters (Bloomberg) — Democrats are unfazed, even giddy about a possible 2024 rematch between President Joe Biden and Donald Trump. But the prospect of facing upstart Florida Republican Gove...

Source: BNN Bloomberg February 04, 2023

Opportunities in luxury retail: Three hot picks from John San Marco

One portfolio manager sees opportunities in the luxury retail space as high-income consumers continue to enjoy excess savings.  Speaking with BNN Bloomberg's Amber Kanwar on Friday, John San Marco, a portfolio manager at Neuberger Berman, said that the dat...

Source: BNN Bloomberg February 04, 2023

TSX recap: Index rebounds to close slightly higher

Canada's main stock index managed a slight gain on a day that saw markets swing notably following the release of better-than-expected jobs data in the U.S., which left markets in the U.S. down by day end as investors plan for more rate hikes ahead. The S&P...

Source: BNN Bloomberg February 04, 2023

U.S. stocks post weekly gain with focus on Fed, profits

U.S. stocks halted a three-day advance after a volatile Friday session that saw equities swerve between modest gains and losses as investors contended with data pointing to a robust labor market.  The S&P 500 still notched a weekly gain that took the index...

Market Call Source: BNN Bloomberg February 04, 2023

Jordan Zinberg's Top Picks: February 3, 2023

Jordan Zinberg, president and chief executive officer, Bedford Park Capital FOCUS: Canadian small and mid-cap stocks MARKET OUTLOOK: Equity markets have rallied nicely year to date, with some of the hardest-hit sectors of 2022 outperforming so far in...

Source: Financialpost February 04, 2023

Canada's railways defy critics by pulling off one of the biggest grain hauls on record

But not before slow start to moving the bumper crop prompted calls for industry overhaul Canada’s two major railways appear to have caught up with a bumper grain harvest, but not before a slow start triggered demands for an overhaul of transpor...

Company News Source: BNN Bloomberg February 03, 2023

Meta shares soar most since 2013 on Zuckerberg’s vision

Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive. Zuckerberg, who has spent the past year p...