Daily News

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 Marc Desormeaux,...

The central bank is expected to raise the policy rate by 50 or 75 basis points as part of the Bank's strategy of front-loading rate hikes Canada’s top economists are expecting the Bank of Canada to deliver another outsized rate hike on Wednesda...

Wall Street saw another day of big reversals, with stocks notching their best week since June after a Treasury rout sputtered. The yen jumped as Japan intervened again to prop up the currency. At a time when traders have been obsessed about the outlook for...

Earnings season has put a spotlight on some of the key challenges corporations are facing which include weakened consumer demand and a pull back in advertising dollars.  Here's a look at what analysts had to say about Interfor Corporation, Corus Entertainm...

Bruce Campbell, president and portfolio manager, StoneCastle Investment Management FOCUS: Canadian stocks MARKET OUTLOOK: Markets continue to be volatile with choppy trading on a daily basis. Multiple cross currents including inflation, central ban...

Canadian companies are barreling toward even more pain amid an earnings season threatened by market volatility and a recession. Companies listed on the S&P TSX Composite Index are headed for their first sequential decline in a year, according to analysts a...

Monday, October 24 Notable earnings: PrairieSky Royalty, Celestica Tuesday, October 25 Notable data: S&P CoreLogic Case-Shiller Home Price Index, U.S. Conference Board Consumer Confidence Index (Oct) Notable earnings: Neighbourly Pharmacy,...

The world's biggest banks have already had to use about US$30 billion of their own cash this year to fund loans for acquisitions and buyouts that they weren't able to offload to investors. The lenders have been forced to fund at least 15 deals in the U.S....

Canada's main stock index ended down almost a hundred points after rising by more than a hundred points in the late morning, while U.S. markets saw a similar reversal.  The S&P/TSX Composite Index was down 95.11 points, or 0.51 per cent, at 18,579.29....

It was another down day for stocks, with Treasury yields climbing amid hawkish remarks from Federal Reserve officials and swaps pricing in a 5 per cent peak policy rate in 2023. The pound wavered after Liz Truss resigned as U.K. prime minister. The warines...