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    • U.S. Stock Futures Fall on Tech Outlook Concerns: Markets Wrap

      October 30, 2020
    • (Bloomberg) -- Fresh concerns about the outlook for technology giants dragged U.S. equity futures lower, while Asian stocks also slipped on Friday. The dollar gave back some of its advance from the prior session.Japanese shares fell over 1%, with declines more modest in Hong Kong and Australia. Contracts on the Nasdaq 100 and S&P 500 sank following a str […]

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    • Kala Pharmaceuticals Got Its FDA Approval: What’s Next for the Stock

      October 30, 2020
    • There’s a new FDA-approved dry eye treatment on the scene. On Tuesday, the U.S. regulators green-lighted Kala Pharmaceuticals' (KALA) EYSUVIS 0.25% for the treatment of signs and symptoms of dry eye disease (DED).The go ahead from the FDA makes EYSUVIS the first and only approved corticosteroid for this indication and comes several days ahead of the sch […]

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    • Jack Ma’s Ant IPO Lures $2.8 Trillion in Growing Investor Frenzy

      October 29, 2020
    • (Bloomberg) -- Chen Wu frantically clicked the order button on his online brokerage account as the clock struck noon.Like thousands of individual investors in Hong Kong and across China, the 35-year-old software developer was desperate for a piece of Ant Group Co.’s initial public offering. His brokerage was allowing a small number of clients to supercharge […]

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    • Apple Shares Fall After IPhone Sales Miss, China Drops 29%

      October 29, 2020
    • (Bloomberg) -- Apple Inc. shares fell 4% after the company reported iPhone sales that missed Wall Street estimates and said revenue in China slumped.The company gave no forecast for the key holiday quarter, disappointing some analysts who were hoping for guidance. However, Chief Executive Officer Tim Cook said the new iPhone 12 line has been well received. S […]

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    • Amazon Q3 Sails Past Expectations, Revenues Jump 37%

      October 29, 2020
    • The pandemic has been better to Amazon than anyone realized, thanks to online shopping surges. […]

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    • Stock market news live updates: Stock futures trade lower, giving back gains after tech earnings

      October 29, 2020
    • Stock futures traded lower Thursday evening to give back some gains after the three major indices rallied during the regular session. […]

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    • Ballard and AUDI Sign Definitive Agreements Regarding Use of Industry-Leading High-Power Density Fuel Cell Stack for Vehicle Propulsion

      October 29, 2020
    • VANCOUVER, BC, Oct.  The FCgen®-HPS fuel cell stack provides propulsion for a range of Light-, Medium- and Heavy-Duty vehicles in an industry-leading volumetric high-power density of 4. […]

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    • Twitter reports Q3 earnings

      October 29, 2020
    • Twitter reported Q3 earnings on Thursday, surpassing analyst expectations, but coming in under in user growth. The Final Round breaks down the numbers. […]

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    • Namaste Technologies Reports Third Quarter 2020 Financial Results

      October 29, 2020
    • ~Company reports a 49% Q3 year-over-year increase in net revenue for 2020 third quarter revenue~TORONTO, Oct. 29, 2020 /CNW/ - Namaste Technologies Inc. […]

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    • Apple Q4 earnings beat expectations but sees decline in sales in China

      October 29, 2020
    • Apple reported fiscal fourth-quarter earnings after market close on Thursday that topped expectations, with sales from the company’s services offerings and Mac computers hitting quarterly records. […]

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  • RSS Financial Post – Trading Desk

    • NAFTA worries won't hurt exports this year, EDC forecasts

      April 12, 2018
    • TORONTO — The value of Canadian exports will grow by 6 per cent this year despite ongoing uncertainty about trade protectionism and the future of the North American Free Trade Agreement, according to a new forecast. In fact, in its twice-yearly outlook, Export Development Canada (EDC) predicts growth will be led by gains in three sectors — all the recent sub […]

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    • Top energy and mining picks to consider amid strong global growth

      January 8, 2018
    • If you’re looking for an easy way to measure the health of the global economy, look no further than the fact that 75 per cent of OECD countries posted accelerating GDP growth in the third quarter. At the same time, no OECD country is experiencing a recession. That’s the second consecutive quarter this feat has been achieved, and the absence of a recession is […]

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    • Buy the Canadian dollar, J.P. Morgan tells clients

      November 6, 2017
    • What will it take for the loonie to make a comeback? The Bank of Canada was the first central bank to turn in a more dovish direction this summer, and it continued to maintain a cautious tone following the year’s second interest rate hike in September. However, impressive employment numbers for the month of October (released on Friday) have helped alter the […]

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    • Donald Trump's tax cut may really mean tomorrow’s tax hike

      November 3, 2017
    • Donald Trump’s promise to “Make America great again” included what he said would be the largest tax cut in U.S. history. Investors will have to wait and see what the Tax Cuts and Jobs Act looks like after it is fine-tuned by the House Ways and Means Committee next week, but the release of details about the reform plan on Thursday nonetheless marks the next s […]

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    • Why analysts don't like Imperial Oil Ltd

      November 2, 2017
    • Imperial Oil Ltd. has an attractive portfolio of exploration and production assets, a strong refining and distribution business, and most importantly, a very healthy balance. So why are analysts negative on the stock? The Calgary-based energy giant hosted its annual investor update via conference call on Wednesday, and the Street found the event both useful […]

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    • Why Apple’s iPhone upgrade ‘supercycle' may become a 'super-long’ cycle

      November 1, 2017
    • The kickoff of pre-orders for Apple Inc.’s new iPhone X not only alleviated worries that a price hike would put a dent in demand, but also suggests the smartphone upgrade “supercycle” may be even more significant that previously thought. Lead times of five to six weeks are consistent across carriers, colours, memory size and geographies, and checks by RBC Ca […]

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    • Does Nike have a problem?

      October 27, 2017
    • Nike Inc. appears to be in investors’ good books again, after lagging both the broader market and primary rival Adidas AG for much of the past two years. But is the Swoosh moving back to the top of the cool rankings among consumers? It might not matter. Nike shares have climbed more than five per cent since Wednesday, when the sportswear giant hosted its fir […]

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    • Steve Eisman of 'The Big Short' is short Wells Fargo, long Citigroup

      October 19, 2017
    • Steve Eisman, who predicted the financial crisis of 2007-2008 and successfully bet against subprime mortgages, is bullish on U.S. financials, but has a short position in Wells Fargo & Co. paired up against a long in Citigroup Inc. Eisman, a portfolio manager at The Eisman Group (part of Neuberger Berman’s private asset management business), was featured […]

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    • Why you should remember Black Monday on its 30th anniversary

      October 18, 2017
    • The 1987 stock market crash marks its 30th anniversary on Thursday, as U.S. equity markets continue to hit new all-time highs nearly every day. Financial markets have remained resilient in the face of concerns related to historically high valuations, uncertainty in Washington D.C., and geopolitical instability, yet many investors seem obsessed with the prosp […]

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    • Why strong Q3 results from Netflix Inc don't have investors buying

      October 17, 2017
    • Netflix Inc. posted very strong third quarter results on Monday, yet the stock failed to move higher as investors may be worried about future gains. After all, its up more than 60 per cent so far in 2017. But more likely, the market is concerned about the company’s massive content spending plans, and how that its hurting free cash flow. Analysts praised Netf […]

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