Earnings Preview Markets will be closed on Monday for Presidents' Day. Despite the shortened trading week, investors can expect a busy schedule of earnings reports. Notable companies announcing their results include Chinese tech giants$Baidu (BIDU.US)$and$Alibaba (BABA.US)$, as well as retail powerhouse$Walmart (WMT.US)$. In the energy sector,$Occidental Petroleum (OXY.US)$is expected to d...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,534.80, down 0.33% from previous close ● Canadian premiers consider retaliation in response to potential Trump tariffs ● Agnico Eagle to acquire O3 Mining in a $204 million cash deal ● Empire Co. Ltd. reports a $173.4 million profit in Q2, with a slight increase in sales...
U.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows across the Pacific. California and Washington are set to import about 150,000 barrels a day of Canadian crude by tanker in June — a seven-fold increase from average volumes, according to preliminary Vortexa data. Refiners in the US ...
Statistics Canada released the inflation report for May on Wednesday, showing a surprising uptick in the country's yearly inflation rate to 2.9% for the month, exceeding the forecasted figure of 2.7%. This development might shake the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market conse...
From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, oil and gas is an important natural resource sector. As Canada is named as a major oil and gas producing company by our PM (video), the bullish side of the oil and gas sector is further enhanced by the recent completion of trans-moutain pipeline expansion project and the major progress of the LNG Can...
Canadian stocks fell as lower oil prices dragged down the shares of producers of the commodity amid concerns supply could outpace demand. The$S&P/TSX Composite Index (.SPTSX.CA)$fell 0.3% to 22,313.93 at 2:08 p.m. in Toronto. The blue chip$S&P/TSX 60 Index (.TX60.CA)$slid 0.3% to 1336.39. Decliners outnumbered gainers 796-671, according to data compiled by moomoo. Oil & Gas sector slipped 0.8%, weighing down the index. Sof...
Earnings Preivew Next week's earnings reports from major technology companies might provide a boost to a weakening market, or at the very least, offer investors insight into future stock trends. $特斯拉(TSLA.US)$is set to release its earnings on Tuesday, followed by $Meta Platforms(META.US)$ on Wednesday. The week continues with a significant day on Thursday, as $谷歌-C(GOOG.US)$, the parent company of Google, and $微软(MSFT.US)$both a...
Dividend growth stocks are a time-honored tool for building wealth. With the right approach, these investments can offer a dual benefit of regular income and the potential for capital appreciation. The foundation of a sound dividend growth strategy rests on identifying companies that are not only well-managed but also boast solid financials and a track record of steadily climbing earnings. A recent Nuveen report highlights...
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Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility. Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility.
Cenovus Energy Inc Stock Forum
Markets will be closed on Monday for Presidents' Day. Despite the shortened trading week, investors can expect a busy schedule of earnings reports. Notable companies announcing their results include Chinese tech giants $Baidu (BIDU.US)$ and $Alibaba (BABA.US)$, as well as retail powerhouse $Walmart (WMT.US)$. In the energy sector, $Occidental Petroleum (OXY.US)$ is expected to d...
U.S. natural gas prices, which saw a significant increase last year, had risen an additional 11.86% since the beginning of this year as of January 16. International crude oil prices had also climbed by 9.41% this year, marking their highest increa...
● S&P/TSX 60 Index Standard Futures are trading at 1,534.80, down 0.33% from previous close
● Canadian premiers consider retaliation in response to potential Trump tariffs
● Agnico Eagle to acquire O3 Mining in a $204 million cash deal
● Empire Co. Ltd. reports a $173.4 million profit in Q2, with a slight increase in sales...
California and Washington are set to import about 150,000 barrels a day of Canadian crude by tanker in June — a seven-fold increase from average volumes, according to preliminary Vortexa data.
Refiners in the US ...
As Canada is named as a major oil and gas producing company by our PM (video), the bullish side of the oil and gas sector is further enhanced by the recent completion of trans-moutain pipeline expansion project and the major progress of the LNG Can...
The $S&P/TSX Composite Index (.SPTSX.CA)$ fell 0.3% to 22,313.93 at 2:08 p.m. in Toronto. The blue chip $S&P/TSX 60 Index (.TX60.CA)$ slid 0.3% to 1336.39.
Decliners outnumbered gainers 796-671, according to data compiled by moomoo. Oil & Gas sector slipped 0.8%, weighing down the index. Sof...
The $S&P/TSX Composite Index (.SPTSX.CA)$ gained 0.3% to close at 21,871.96, while the blue-chip $S&P/TSX 60 Index (.TX60.CA)$ rose 0.45% to 1,313.41.
About 724 stocks advanced, while 1,39 declined, data tracked by moomoo showed. $Suncor Energy Inc (SU.CA)$ and $Cenovus Energy Inc (CVE.CA)$ were among the biggest gainers in t...
Next week's earnings reports from major technology companies might provide a boost to a weakening market, or at the very least, offer investors insight into future stock trends. $特斯拉(TSLA.US)$is set to release its earnings on Tuesday, followed by $Meta Platforms(META.US)$ on Wednesday. The week continues with a significant day on Thursday, as $谷歌-C(GOOG.US)$, the parent company of Google, and $微软(MSFT.US)$both a...
A recent Nuveen report highlights...
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