An analyst downgraded Square to sell with a price target of 30, bringing shares down 5% to 46.34 in early trading.
COLOMBO, Sri Lanka (AP) — Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted as a result of the Indian Ocean nation's economic collapse. The plan comes as Washington and its allies aim to cut off energy imports from Russia in line with sanctions over its war against Ukraine. Since its invasion in late February, global oil prices have skyrocketed, prompting a number of countries to seek out Russian crude, which is being offered
Top TSX dividend stocks are now on sale for RRSP investors seeking attractive total returns. The post RRSP Investors: 2 Undervalued TSX Stocks to Buy Now for Total Returns appeared first on The Motley Fool Canada.
Investors may want to pursue a passive-income strategy in this bear market by snagging dividend stocks like Freehold Royalties Ltd. (TSX:FRU). The post Passive-Income Power: How to Make $105/Week TAX FREE in a Bear Market appeared first on The Motley Fool Canada.
TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets Stock markets have been on a wild ride in recent weeks as they have come off their highs of earlier this year amid higher interest rates, growing inflation and fears of a possible recession. Investors will be watching to see what this week will bring as markets head into what is traditionally the slower summer months. Kinross update Kinross Gold Corp. is expected to hold a virtual review session Tuesday
GARMISCH-PARTENKIRCHEN, Germany (AP) — Leaders of the world’s biggest developed economies are weighing a cap on the price of Russian oil meant to strike at the main pillar of the Kremlin's finances following its invasion of Ukraine — and to limit the havoc that high energy prices are wreaking worldwide. Details haven't been agreed at the Group of Seven summit in Elmau, Germany, but the basic idea would be to tie the price cap to the services that make trading oil possible. For instance, insurers
These top TSX dividend stocks look undervalued today and should be good to buy for a self-directed TFSA or RRSP. The post Market Correction: 2 Oversold Dividend Stocks for TFSA and RRSP Investors appeared first on The Motley Fool Canada.
Prices for spot crude in much of the world are rising on strong demand and a supply crunch, but in the oil futures market, worries of a recession have kept a lid on values. Oil futures could be oversold and ripe for a reversal if global demand keeps running at the current rate of about 100 million barrels per day, closing in on pre-pandemic levels. The physical markets have been further tightened by supply shortages due to sanctions on Russian oil, little spare capacity among big producers and worries of new outages in Libya.
When Claudia Gerini was growing up in Italy, she probably didn't think she would be helping lead a mental healthcare revolution on the other side of the Atlantic.
These great Canadian dividend stocks look cheap today for an RRSP focused on total returns. The post RRSP Investors: 2 Oversold Dividend Stocks to Buy Now for Total Returns appeared first on The Motley Fool Canada.
The top cryptocurrency continues to plunge faster than traditional assets in 2022 amid deteriorating economic conditions. The post Bitcoin Crash: Why Did it Fall So Fast? (54% in 2022) appeared first on The Motley Fool Canada.
Two TSX stocks can sustain dividend payments, even if the present market turmoil extends longer than expected. The post 2 Dividend Stocks to Own When the Market Is in Turmoil appeared first on The Motley Fool Canada.
Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc is a wild bet. The 30-year-old plumber from Oxford, North Carolina, scored a 350% profit last week by selling half the shares in the U.S. cosmetics maker he bought after it filed for bankruptcy protection on June 16. Minutelli dabbles in shares such as GameStop Corp and AMC Entertainment Holdings Inc - dubbed meme stocks because of their popularity with retail investors.
PHOENIX (AP) — The skies over a scattering of Western U.S. cities will stay dark for the third consecutive Fourth of July as some major fireworks displays are canceled again this year, this time for fire concerns amid dry weather, along with pandemic related supply or staffing problems. The city of Phoenix said it canceled its three major Independence Day displays because it couldn't obtain the necessary fireworks due to supply chain problems. Displays in several other Phoenix metro cities are s
Empty shelves and prices discounted by as much as 70% greeted shoppers who visited Decathlon stores in Russia over the weekend before the French sports equipment retailer closed its stores on Monday, hampered by supply constraints. Scores of Western brands have left Russia following a backlash against its military incursion into Ukraine, with McDonald's, IKEA and Renault among the more high-profile. One shopper, Lyubov, said Decathlon's departure was "sad", but was adamant that Russian consumers would cope.
The Russian aviation industry has been in crisis since the West imposed sanctions after Moscow's invasion of Ukraine, banning Russian airlines from flying to destinations in Europe, the United States and other countries. Russian airlines have largely stopped international flights, after leasing companies said they would seize planes in line with sanctions. Moscow has passed a law allowing the seizure of hundreds of jets in response to those sanctions.
MONTREAL — Three years ago, Chris Nowrouzi’s private charter airline served mainly ultra-wealthy leisure travellers and the upper echelons of the corporate world. Now, 27 months into a global pandemic that closed borders and battered airlines, his Toronto-based FlyGTA caters to a broader swath of families and groups wary of the health risks and airport hassle of commercial air travel — and who have cash to spare. “After the pandemic definitely we saw an increase of numbers all across the board,”
These three growth stocks are up over 30% in 2022 alone but have come down in the last few weeks to a more affordable price point. The post 3 Growth Stocks up +30% in 2022 appeared first on The Motley Fool Canada.
In the midst of an increasingly volatile geopolitical environment, Canada has a unique opportunity to foster energy security abroad while leading the energy transition at home. These priorities are not mutually exclusive. Rather, Canadian stakeholders can — and should — focus on decarbonization while also working to solve today's urgent global oil and gas demand challenges.
In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some of the city's top executives are banking on a bright future as the territory remains a crucial springboard for investment into mainland China. Charles Li, former chief executive of bourse operator Hong Kong Exchanges and Clearing (HKEX) and founder of microfinance platform Micro Connect, said that although he believes the next 25 years will be "very different", he's optimistic.
Less than 2% of Ryanair flights scheduled between Friday and Sunday were affected by cabin crew strikes, the Irish low-cost carrier said. Ryanair cabin crew unions in Belgium, Spain, Portugal, France and Italy had announced plans for action over the weekend with crews in Spain set to strike again on June 30 and July 1-2. "Less than 2% of Ryanair's 9,000 flights operating this weekend (24/25/26 June) have been affected by minor and poorly supported crew strikes," Ryanair said in a statement.
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