Finance News – Canada
What is your interest today?
Concerns over U.S.-EU trade deal weigh on European stocks
Uncertainty surrounding the transatlantic trade negotiations has contributed to a decline in European equity markets, while American shares have gained momentum, shifting the recen...
Read Full Article →Emerging market revival could be threatened by dollar difficulties
The recent improvement in emerging economies may face challenges due to complications involving the US dollar, potentially impacting investor confidence and economic growth in thes...
Read Full Article →What makes a meme stock? Online enthusiasm for a beaten down company with doubtful prospects
Stocks that attract significant online attention despite facing uncertain futures can experience unusual trading volumes and price fluctuations, impacting investors and market dyna...
Read Full Article →Market Factors: My two biggest investing mistakes ever
Recent unexpected trading dynamics have driven stock prices upward, highlighting the importance of understanding market conditions to avoid costly errors and improve investment out...
Read Full Article →Wells Fargo joins Wall Street chorus in lifting S&P 500’s annual target
Wells Fargo raised its forecast for the S&P 500, highlighting the impact of postponed tariffs and robust company profits on market expectations for the year ahead.
Read Full Article →Algoma Steel suspends dividend after posting second-quarter loss
Algoma Steel has halted its dividend payments following a quarterly loss to maintain liquidity and adapt to challenging economic conditions affecting the steel industry.
Read Full Article →Short sales on the TSX: What bearish investors are betting against
Increased short selling activity on the TSX indicates growing investor interest and potential market volatility, reflecting a shift in trading strategies amid emerging trends in Ca...
Read Full Article →Bank of Canada holds interest rates: Read the official statement
The Bank of Canada’s decision to maintain the policy rate at 2.75% reflects its ongoing approach to managing inflation and supporting economic stability amidst current market condi...
Read Full Article →Bank of Canada holds rate at 2.75%, but leaves door open for further rate relief
The central bank maintained the interest rate at 2.75%, signaling cautious optimism amid economic strength and inflation concerns, while remaining prepared to adjust policy if trad...
Read Full Article →BMO analyst see big upside in these two utilities stocks
According to a recent assessment by a financial expert, two utility companies are expected to experience considerable growth potential, making them noteworthy options for investors...
Read Full Article →Small caps to watch: Dye & Durham seeks potential sale, Algoma suspends dividend, Sherritt cuts jobs...
Several small-cap companies are undergoing strategic changes, including potential ownership transitions, dividend suspensions, and workforce reductions, which may impact their fina...
Read Full Article →Posthaste: Canadian businesses cautiously optimistic as they absorb tariff challenges
Approximately 70 percent of Canadian companies have fully borne additional import expenses, resulting in an average financial impact of about $9,000 per business, reflecting their...
Read Full Article →White House set to unveil closely watched crypto policy report
The upcoming government document is expected to outline various regulatory and legislative measures that could influence the financial landscape and operational standards within th...
Read Full Article →Prepare to pay more for your morning coffee, mocha or matcha latte
Increased expenses for ingredients and transportation, influenced by adverse weather, changing buyer preferences, and additional tariffs, are causing higher prices for popular café...
Read Full Article →Wednesday’s analyst upgrades and downgrades
Several changes in analyst ratings on Wednesday influenced investor sentiment and trading activity, reflecting updated assessments of various companies' financial health and future...
Read Full Article →Starbucks shares turn lower as CEO Niccol’s turnaround plans gain traction
The recent shift in Starbucks’ stock value reflects investor reactions to new leadership strategies aimed at reversing declining revenue trends over the past few quarters.
Read Full Article →Bank of Canada holds interest rate at 2.75% as economy shows resilience in the face of tariffs
The Bank of Canada’s decision to maintain the interest rate at 2.75% reflects confidence in economic stability amid challenges posed by international trade tensions.
Read Full Article →Before the Bell: What every Canadian investor needs to know today
Wednesday morning’s market developments offer important insights into current economic trends that could influence investment decisions for Canadians across various sectors.
Read Full Article →TSX struggles for direction as investors await Fed decision
The financial market experienced uncertainty with mixed movements as investors anticipate the Federal Reserve's policy announcement following the Bank of Canada's recent update.
Read Full Article →Stellantis vows to reconnect with customers as it flags $2.4B Cdn tariff hit for 2025
Stellantis faces a substantial $2.4 billion Canadian tariff impact next year, prompting leadership to focus on improving customer relationships and revitalizing its performance in...
Read Full Article →Algoma Steel reports net loss of $110.6-million as tariffs weigh on bottom line
Algoma Steel experienced a substantial financial setback in the second quarter, largely influenced by $64.1 million in tariffs, which were absent in the previous year's correspondi...
Read Full Article →Bullish on Canadian Tire Corp. Ltd.
Investors are showing increased interest in Canadian Tire Corp. Ltd. due to recent market trends and indicators suggesting potential growth opportunities in the company’s stock per...
Read Full Article →Spotify forecasts profit below estimate as higher payroll taxes outweigh streaming demand
Despite increased revenue from recent subscription price increases and cost reductions, elevated payroll taxes are expected to limit overall earnings, prompting investors to closel...
Read Full Article →Visa’s third-quarter profit rises as consumers continue to use card payments for essentials
Visa’s net profit increased to $5.3 billion in the third quarter, reflecting sustained consumer spending on essential goods through card transactions compared to $4.9 billion durin...
Read Full Article →Starbucks beats third-quarter revenue estimates on China strength, turnaround strategy
The company’s stronger-than-expected quarterly results, driven by growth in the Chinese market and strategic improvements, led to a notable increase in its stock price during after...
Read Full Article →The end of extreme couponing as we know it may come with a trade-off
The changing practices among dedicated coupon users could lead to increased collaboration, potentially resulting in higher overall discounts but requiring adjustments in how saving...
Read Full Article →Canadian Tire reducing corporate roles, but declines to detail cuts
The company’s decision to decrease administrative positions is expected to impact operating expenses and reflect its efforts to improve efficiency amid evolving industry demands.
Read Full Article →Whirlpool shares hit their lowest level in more than six weeks as tariff pressure builds
The company's stock declined significantly due to increasing concerns over trade tariffs, reflecting investor apprehension about potential impacts on its profitability and overall...
Read Full Article →Canada's counter tariffs could cost Canadians $9 billion this year — or $550 per household, warns th...
A recent analysis highlights that the additional duties imposed by Canada may lead to increased expenses totaling billions, potentially impacting the average household budget by se...
Read Full Article →Retail replaces ‘smart money’ as Wall Street rocket fuel
The growing involvement of individual investors is increasingly influencing stock market trends, contributing significantly to market momentum and affecting the allocation of capit...
Read Full Article →