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Source: Financialpost February 02, 2023

John Turley-Ewart: Scotiabank bucks a trend again

Scotiabank is again Bay Street’s odd man out as Scott Thomson, an experienced businessman but not an experienced banker, takes the helm As of Feb. 1, Scotiabank is again Bay Street’s odd man out as Scott Thomson, an experienced businessman but...

Source: Financialpost February 02, 2023

Loblaw fights back after removal of price freeze draws criticism on Twitter

'We may be the face of food inflation but we are not the cause' Loblaw Cos. Ltd. is using Twitter for “damage control” as it attempts to mitigate public backlash over lifting a price freeze on some grocery products, according to a marketing exp...

Source: BNN Bloomberg February 01, 2023

Nasdaq 100 notches its best month since July

U.S. stocks ended January with a gain, as investors cheered signs of labor costs easing and inflation cooling as they gear up for Wednesday’s Federal Reserve decision.  With volumes relatively light on Tuesday, the stock gains could have been spurred by sh...

Source: BNN Bloomberg February 01, 2023

Canada's US$181B pension fund pauses private China deals

Ontario Teachers’ Pension Plan, a Canadian fund that manages $242.5 billion (US$181 billion) of assets, has paused direct investing in private assets in China, according to people familiar with the matter.  Geopolitical risk is among the reasons behind the...

Source: BNN Bloomberg February 01, 2023

Opportunities in restaurant stocks: Three hot picks from Nick Setyan

The fast food industry has struggled with higher inflation over the past few years, but one analyst is not letting that deter him.   Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Nick Setyan, equity analyst at Wedbush Securities Inc., said a turnaro...

Market Call Source: BNN Bloomberg February 01, 2023

Stephen Takacsy's Top Picks: January 31, 2023

Stephen Takacsy, president, chief executive officer and chief investment officer, Lester Asset Management FOCUS: Canadian stocks   MARKET OUTLOOK: Stock and bond markets rebounded strongly in January after one of the worst years for both equities a...

Source: BNN Bloomberg February 01, 2023

TSX recap: Index finishes nearly 1% higher amid broad-based gains

Canada's main stock index gained almost 200 points Tuesday with broad-based strength across sectors while U.S. markets also rose, erasing Monday's losses.  The S&P/TSX Composite Index was up 195.27 points, or 0.95 per cent, at 20,767.38. In New York, th...

Company News Source: BNN Bloomberg February 01, 2023

Yamana Gold's US$4.8B takeover wins backing from investors

The biggest gold acquisition in nearly a year is a step closer to reality after investors backed the US$4.8 billion takeover of Yamana Gold Inc. Shareholders of both Yamana and Pan American Silver Corp. voted in favor of the cash-and-stock deal at separate...

Source: Financialpost February 01, 2023

GM to make 'largest' investment in Canadian miner ever to build lithium mine in Nevada

Mary Barra says the deal would help secure the North American supply chain for EVs General Motors Co. will invest US$650 million in Vancouver-based Lithium Americas Corp. to help develop the miner’s Thacker Pass project in Nevada, which hosts t...

Source: Financialpost February 01, 2023

Digital problem solving has gained complexity: Are your IT teams working in unity?

This article is Sponsored This story was created by Content Works, Postmedia’s commercial content division, on behalf of a client. by Cisco AppDynamics Cisco AppDynamics Worldwide, companies are implementing cloud native o...