Daily News

Chris Blumas, portfolio manager, Raymond James Investment Counsel FOCUS: North American large caps MARKET OUTLOOK: It’s been a roller coaster ride for investors so far this year. Equity markets sold off to start the year then rebounded somewhat and...

Jamie Golombek: The CRA can deny expenses if taxpayer doesn't appear to be running a business with a view to profit Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from...

Exxon Mobil Corp. is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide pipeline network in the U.S., according to people familiar with the matter. Exxon has expressed preliminary interest in the Plano, Texas-ba...

Goldman Sachs Group Inc. analysts say it’s “too early” to price in a dovish turn in Federal Reserve policy as the economic outlook isn’t bad enough yet, and rates markets remain too volatile.  Wide fluctuations in rates have meant that expectations for hig...

The Bank of England is expanding the scope of its bond purchases to include inflation-linked debt in an effort to avert what it called a “fire sale” that threatens financial stability. It’s the second time this week the central bank has added to its arsena...

A string of warnings on semiconductor demand from the likes of Micron Technology Inc. and Samsung Electronics Co. is forcing analysts to slash earnings forecasts at the fastest pace since 2008. Having gone from boom to bust in less than a year, the semicon...

A Piper Sandler & Co. analyst upgraded lululemon athletica Inc. stock, citing opportunity for “outperformance in outerwear this Fall/Winter, and stable promotional intensity.” In a note released Tuesday, Abbie Zvejnieks, research analyst at Piper Sandler,...

Andrew Pyle, investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities MARKET OUTLOOK: After the worst September in 20 years, October isn’t exactly starting on the right foot. Even though volatility has not returned t...

  U.S. stocks turned sharply lower in late trading after comments by the Bank of England chief on removing market support rattled investor sentiment. Benchmark Treasury yields rose and the dollar gained. The S&P 500 slid amid renewed selling in tech sha...

An analyst at Scotiabank has cut price targets for almost every transportation and aviation stock on his coverage list, citing concerns around how a potential recession could impact these sectors. Konark Gupta, analyst at Scotia Capital, cut the price targ...