Daily News

Market Call Source: BNN Bloomberg April 29, 2022

Andrew Moffs' Top Picks: April 28, 2022

Andrew Moffs, senior vice president and portfolio manager, Vision Capital FOCUS: Real estate stocks MARKET OUTLOOK: Investor sentiment has been adversely impacted by the war in Ukraine, escalating geopolitical tensions and resulting in the weaponiz...

Source: BNN Bloomberg April 29, 2022

U.S. stocks surge by most in 7 weeks on earnings optimism

U.S. stocks rallied the most in seven weeks on the back of strong earnings, continuing a stretch of volatility that’s gripped markets virtually all year. Tech shares plunged in late trading after Amazon.com Inc.’s results sent its shares down 10 per cent....

Market Call Source: BNN Bloomberg April 29, 2022

West Fraser Q1 profit surges 64% despite significant winter transportation woes

West Fraser Timber Co. Ltd. says its net profit soared 64 per cent from a year ago to US$1.09 billion in its latest quarter on higher revenues despite significant transportation and mill challenges in B.C. The Vancouver-based company, which reports in U.S....

Source: Bankofcanada April 29, 2022

The Bank of Canada Museum is reopening

The Bank of Canada Museum will reopen on May 12, 2022, after being closed for the past two years due to the COVID-19 pandemic.   Offering a free, fun and interactiv...

Source: BNN Bloomberg April 28, 2022

Tech rebounds in late trading on surge in Meta

U.S. equities rebounded from the worst rout since March, though ended well off session highs as a glut of earnings reports whipsawed sentiment. Dip buyers powered the S&P 500 as much as 1.6 per cent higher before a late-session rally left it higher by just...

Market Call Source: BNN Bloomberg April 28, 2022

Michael Sprung's Top Picks: April 27, 2022

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large cap stocks MARKET OUTLOOK: The war in Ukraine has further highlighted the fragility of the global economy. Supply chain disruptions over the past two years were already c...

Source: BNN Bloomberg April 28, 2022

U.S. fund manager 'shocked' cheap Canadian stocks being overlooked

One American fund manager said he’s “shocked” more international investment firms aren’t putting their money to work in Canadian stocks, considering their value relative to U.S. equities. “I'm shocked that hedge funds aren’t crawling across the border and,...

Commodities Source: BNN Bloomberg April 27, 2022

Commodity traders thrust into the spotlight as war exposes risks

The world of commodity traders has long been a secretive one. The merchants who buy and sell the world’s resources have a massive global reach but are mostly privately owned and tend to operate away from public and regulatory view. Suddenly, it seems that...

Commodities Source: BNN Bloomberg April 27, 2022

Commodity prices to stay elevated through 2024, World Bank says

Food and energy price surges worsened by the Ukraine war could last through the end of 2024 due to disruptions in trade and production, the World Bank Group said Tuesday.  Increase in energy prices, which has reached the largest since the 1973 oil crisis,...

Market Call Source: BNN Bloomberg April 27, 2022

John Zechner's Top Picks: April 26, 2022

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large cap stocks MARKET OUTLOOK: No shortage of worries for investors right now with stocks still trading near record valuations, particularly in the high-growth sector...