Daily News

For housing market to normalize, home prices would need to correct by nearly 30%, David Rosenberg says Ottawa’s lofty immigration targets are exacerbating Canada’s housing affordability crisis that could create an “unstable situation” while pos...

Just a day after Wall Street breathed a sigh of relief with the rescue of First Republic Bank, a selloff in U.S. regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of t...

The recent panic within the U.S. financial sector amid an uncertain global economic outlook has brought the price of bank stocks to attractive levels, one investment expert says. In this uncertain environment, both U.S. and Canadian bank stocks are being u...

Some Canadian equities are being undervalued by investors, and one investment professional has zeroed in on which stocks might have the most upside potential. Speaking with BNN Bloomberg’s Amber Kanwar on Tuesday, David Sekera, chief U.S. market strategist...

Canada's main stock index lost more than 200 points in a broad-based decline led by energy, while U.S. stock markets also fell. The S&P/TSX Composite Index closed down 207.54 points, or 1.01 per cent, at 20,407.56. In New York, the Dow Jones Industrial...

Starbucks Corp. posted sales that beat estimates as U.S. and China transactions increased. But that wasn’t enough to satisfy investors following a 15 per cent run-up in the stock price this year. Shares further slid after Chief Executive Officer Laxman Nar...

Ford Motor Co., beat first-quarter profit estimates, posting a surprisingly strong gain on higher vehicle pricing and increased sales volumes. It left its full-year outlook unchanged. The automaker Tuesday posted adjusted earnings per share of 63 cents, fa...

A consortium backed by buyout firm Apax Partners is considering a potential bid to take U.S.-listed technology consultancy Thoughtworks Holding Inc. private, people familiar with the matter said. Apax has teamed up with Canada Pension Plan Investment Board...

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large-cap stocks  MARKET OUTLOOK: Inflation and rising interest rates continue to be a major preoccupation for everyone. In this setting, capital markets are volatile as invest...

Aritzia Inc. says its net income for the fourth quarter was $37.3 million, up 9.1 per cent from $34.2 million a year earlier. The Vancouver-based clothing retailer saw its net revenue climb 43.5 per cent in the quarter ended Feb. 26 to $637.6 million. R...