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...
After a rebound in Canadian stocks in 2023, the Canadian stock market expanded its gains in 2024, with the S&P/TSX Composite Index YTD rising by 17.4% as of last weekend. Interest rate cuts in Canada since June have led to a rapid rise in local stocks, with technology stocks leading the way. New rounds of geopolitical conflicts have created uncertainty, particularly boosting mining stocks, especially gold stocks, to continue their ra...
Manulife Financial Q2 2024 earnings conference call is scheduled for August 8 at 8:00 AM ET /August 8 at 8:00 PM SGT /August 8 at 10:00 PM AEST. Subscribe to join the live earnings conference with management NOW! Beat or Miss? What do you expect from Manulife Financial's Q2 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say! Disclaimer: This presentation is for inform...
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...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,339.00, up 0.23% ● Equity sales rebound 98% in Toronto Stock Exchange as copper, gold prices surge ● Manulife's 20% year-to-date stock rise reflects long-term strategy, says CEO ● Tilray Brands lays ground for equity raising to fund acquisitions Market Sna...
I soldoff my$Manulife Financial Corp (MFC.CA)$today for a nice 45% profit. It felt like it went too high too fast, yes metric have improved but not by that much in my opinion. Anyway it met my target. I turned half the amount into EQB. Their financials are impressive and they reiterated their guidance.
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,353.50, up 0.70% ● Swaps data shows chances of a BOC rate cut in June drops below 50%, following employment data ● Bank of Canada signals that bets tied to timing of rate cuts are boosting leverage in some markets ● Enbridge rises on Q1 ea...
Another strong report for$Manulife Financial Corp (MFC.CA)$, but I will be happy to take profits anywhere above $35. Earnings reports in the ag. space were all fairly strong and suggest that the inventory destocking cycle is pretty much over. I will be happy to overweight (parts of) this sector at least through Q4. It is pretty much impossible for me to sell PMs here, but I have trimmed Canadian O&G substantially.
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
Manulife Financial Corp 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...
• Dominance: The Big 5 banks account for 70%+
• Largest Credit Union: Desjardins' 6.2% share rivals BMO's
• HELOCs: Adding HELOCs to the chart puts TD share at 17% and in 2nd place
$Royal Bank of Canada (RY.CA)$ $The Toronto-Dominion Bank (TD.CA)$ $Bank of Montreal (BMO.CA)$ $Manulife Financial Corp (MFC.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$
Beat or Miss?
What do you expect from Manulife Financial's Q2 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presentation is for inform...
● S&P/TSX 60 Index Standard Futures are trading at 1,339.00, up 0.23%
● Equity sales rebound 98% in Toronto Stock Exchange as copper, gold prices surge
● Manulife's 20% year-to-date stock rise reflects long-term strategy, says CEO
● Tilray Brands lays ground for equity raising to fund acquisitions
Market Sna...
● S&P/TSX 60 Index Standard Futures are trading at 1,353.50, up 0.70%
● Swaps data shows chances of a BOC rate cut in June drops below 50%, following employment data
● Bank of Canada signals that bets tied to timing of rate cuts are boosting leverage in some markets
● Enbridge rises on Q1 ea...
Earnings reports in the ag. space were all fairly strong and suggest that the inventory destocking cycle is pretty much over. I will be happy to overweight (parts of) this sector at least through Q4.
It is pretty much impossible for me to sell PMs here, but I have trimmed Canadian O&G substantially.
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