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The Daily

24 10, 2018

The Daily -October 24th, 2018

2018-10-24T09:48:47+00:00

October 24th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks swung through another volatile session amid a morning rout in U.S. stocks spurred by disappointing results from Caterpillar and 3M. Those results added to worries that rising costs will erode profit margins. The Canadian 10-year yield fell to the lowest in nearly a month as bonds rallied. [...]

The Daily -October 24th, 20182018-10-24T09:48:47+00:00
23 10, 2018

The Daily -October 23rd, 2018

2018-10-23T10:01:10+00:00

October 23rd, 2018 Daily Market Commentary Canadian Headlines For the first time in a decade, Canada’s policy makers are worrying the economy is running too hot instead of too cold. The federal government and Bank of Canada are set to release key reports that will paint a picture of an economy running at full steam, with the [...]

The Daily -October 23rd, 20182018-10-23T10:01:10+00:00
22 10, 2018

The Daily -October 22nd, 2018

2018-10-22T08:39:21+00:00

October 22nd, 2018 Daily Market Commentary Canadian Headlines Rotating strikes at Canada’s state-owned mail carrier will start in four cities early Monday unless a last-minute deal over collective agreements is reached, according to the union involved in the negotiations. The strikes will last 24 hours and could delay mail delivery, the Canadian Union of Postal [...]

The Daily -October 22nd, 20182018-10-22T08:39:21+00:00
19 10, 2018

The Daily -October 20th, 2018

2018-10-19T08:58:47+00:00

October 20th, 2018 Daily Market Commentary Canadian Headlines Rogers Communications reported adjusted earnings per share for the third quarter that beat the average analyst estimate. 3Q adjusted EPS C$1.21, estimate C$1.17. A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting firm. Bill [...]

The Daily -October 20th, 20182018-10-19T08:58:47+00:00
18 10, 2018

The Daily -October 18th, 2018

2018-10-18T09:12:31+00:00

October 18th, 2018 Daily Market Commentary Canadian Headlines MEG Energy Corp. said Wednesday it had rejected a C$3 billion ($2.3 billion) hostile takeover by Husky Energy Inc. and plans to launch a strategic review with an eye to finding another buyer. The Calgary-based oil and natural gas company said its board unanimously rejected the unsolicited bid Husky made [...]

The Daily -October 18th, 20182018-10-18T09:12:31+00:00
17 10, 2018

The Daily -October 17th, 2018

2018-10-17T08:26:25+00:00

October 17th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks regained their footing on Tuesday, posting their biggest gain since April 18, amid a rally in technology shares. U.S. equities also gained on positive corporate earnings reports. Canada’s drive to legalize marijuana kicks off early Wednesday with store openings on the Atlantic Coast, giving the [...]

The Daily -October 17th, 20182018-10-17T08:26:25+00:00
16 10, 2018

The Daily -October 16th, 2018

2018-10-16T08:30:37+00:00

October 16th, 2018 Daily Market Commentary Canadian Headlines Justin Trudeau’s government is under increasing attack for its U.S. trade deal, but Canadians still see the prime minister as the best bet for dealing with Donald Trump. In a Nanos Research poll conducted for Bloomberg, 39 percent of Canadians say Trudeau is the best for managing ties [...]

The Daily -October 16th, 20182018-10-16T08:30:37+00:00
15 10, 2018

The Daily -October 15th, 2018

2018-10-15T08:32:01+00:00

October 15th, 2018 Daily Market Commentary Canadian Headlines French utility Engie SA and a Canadian pension fund plan to offer as much as $9 billion (34 billion reals) for Petrobras’s natural gas pipeline network, potentially a $1 billion boost from their initial bid, according to people with knowledge of the matter. Petroleo Brasileiro SA is now finalizing terms [...]

The Daily -October 15th, 20182018-10-15T08:32:01+00:00
12 10, 2018

The Daily -October 12th, 2018

2018-10-12T08:59:50+00:00

October 12th, 2018 Daily Market Commentary Canadian Headlines Canada is applying quotas and a 25 percent tariff on steel imports from China and other countries to avoid becoming a dumping ground for steel in the face of metal levies imposed by U.S. President Donald Trump. Canadian waste management firm Terrapure Environmental Ltd.is exploring an initial public [...]

The Daily -October 12th, 20182018-10-12T08:59:50+00:00
11 10, 2018

The Daily -October 11th, 2018

2018-10-11T08:27:11+00:00

October 11th, 2018 Daily Market Commentary Canadian Headlines Canadian cannabis stocks jumped after spending most of the day (Wednesday) in the red, rising after a report that tobacco company Altria Group Inc. is in talks to acquire a stake in Aphria Inc. Chinese oil buyers are making a beeline for a bargain across the Pacific. With Canadian oil over 60 [...]

The Daily -October 11th, 20182018-10-11T08:27:11+00:00
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