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The golf company seems to think its shares are undervalued. That's a reassuring sign for investors.
WASHINGTON (AP) — With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out bike paths and wider sidewalks and nudging commuters to public transit. Transportation Secretary Pete Buttigieg on Monday announced the availability of money over five years under his department's new Safe Streets & Roads for All program. The aim will be to provide a direct infu
BERLIN (AP) — Finland's government declared a “new era” is underway as it inches closer to seeking NATO membership, hours before Sweden's governing party on Sunday backed a plan to join the trans-Atlantic alliance amid Russia's war in Ukraine. Russia has long bristled about NATO moving closer to its borders, so the developments will be sure to further anger Moscow. President Vladimir Putin has already warned his Finnish counterpart on Saturday that relations would be “negatively affected.” NATO
LONDON (AP) — British Prime Minister Boris Johnson is heading to Northern Ireland on Monday to try to end a political deadlock that is preventing the formation of a regional administration. The trip comes amid threats by Johnson's government to break the Brexit agreement with the European Union that it signed, but now blames for the crisis. Johnson said there would be “a necessity to act” if the EU didn't agree to overhaul post-Brexit trade rules. Voters in Northern Ireland elected a new Assembl
Growth stocks such as Roku and Cresco are trading at massive discounts compared to Wall Street price target estimates. The post 3 Beaten-Down Growth Stocks Trading at Massive Discounts to Wall Street Estimates appeared first on The Motley Fool Canada.
OTTAWA — Canadian manufacturing sales and wholesale trade figures climbed higher in March, but the gains came due to higher prices. Statistics Canada said Monday manufacturing sales rose 2.5 per cent to $70.2 billion in March, however sales in constant dollars were unchanged. Meanwhile, wholesale sales rose 0.3 per cent in March to $79.8 billion, but in constant dollar terms sales fell 0.6 per cent for the month. Nikita Perevalov, director of economic forecasting at Scotiabank, said the disappoi
Nutrien (TSX:NTR)(NYSE:NTR) stock doubled in the last year before falling back. But will it climb again? Or could sanctions end or a recession tear it back down? The post Nutrien Stock: What’s Next for Shareholders? appeared first on The Motley Fool Canada.
BMO Low Volatility Canadian Equity ETF (TSX:ZLB) is a great one-stop-shop ETF for beginner investors who want to invest cautiously in a rocky market. The post 1 ETF That Could Help You Weather the Storm! appeared first on The Motley Fool Canada.
Market volatility is rising in May 2022. Investors can move to two ETFs instead of pushing the panic button. The post Don’t Push the Panic Button: Move to 2 ETFs Instead appeared first on The Motley Fool Canada.
The United States and European Union will announce a joint effort to avert a "subsidy race" as they scramble to boost production of scarce semiconductor chips, a senior Biden administration official said. The move will be unveiled at the second meeting of the U.S.-EU Trade and Technology Council (TTC), taking place on Sunday and Monday in Paris. The TTC pledged at an inauguration conference last year in Pittsburgh to deepen transatlantic cooperation to strengthen chip supply chains, curb China's non-market trade practices, and take a more unified approach to regulating big, global technology firms.
STOCKHOLM (AP) — Sweden on Monday decided to join neighboring Finland in seeking NATO membership, ending more than two centuries of military nonalignment in a historic shift prompted by Russia's invasion of Ukraine. Swedish Prime Minister Magdalena Andersson warned that the Nordic country would be in a “vulnerable position” during the application period and urged her fellow citizens to brace themselves for the Russian response. “Russia has said that that it will take countermeasures if we join N
Top Canadian financial stocks are trading at discounted prices and offer TFSA investors great dividends for passive income. The post 2 Canadian Dividend Stars for TFSA Passive Income appeared first on The Motley Fool Canada.
SMBC Aviation Capital agreed on Monday to buy smaller rival Goshawk Aviation for an enterprise value of $6.7 billion in a deal it said would make it the world's second largest aircraft lessor by number of aircraft. The acquisition to create a combined company with 37 billion euros ($38.45 billion) in assets comes six months after Ireland's AerCap Holdings NV consolidated its position as the world's largest aircraft lessor through its takeover of General Electric's leasing business. SMBC, which is owned by a consortium including Japan's Sumitomo Corp and Sumitomo Mitsui Financial Group, said it will take over a portfolio of 176 owned and managed aircraft to bring its total fleet to 709.
NEW YORK (Reuters) -Peloton Interactive Inc and NordicTrack maker iFit said they have settled all pending litigation between them, where the fitness equipment makers accused each other of infringing their respective patents. In a joint statement on Monday, the companies said Peloton agreed to license some iFit patents concerning remote control technology, while iFit will remove some on-demand leaderboard technology from its products. The settlement came six days after New York-based Peloton posted a record $757.1 million quarterly loss as it wrestled with waning demand for its bikes and treadmills, with more people resuming pre-pandemic activities.
While Air Canada stock may look cheap, it still faces several headwinds. Instead, these two dividend stocks offer much better value. The post Forget Air Canada: 2 Dividend Stocks to Buy Offering Much Better Value appeared first on The Motley Fool Canada.
Reuters exclusively reported in February that ManTech's co-founder George Pederson was exploring options for his controlling stake that included a sale of the company. Shares of Herndon, Virginia-based ManTech have since jumped 11%.
Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation. Speaking on "Face the Nation" on CBS, Blankfein said a recession is "a very, very high risk factor."
Upstreet Craft Brewing, a B-Corp certified beverage company on a mission to refresh the community, is satisfying the thirst for non-alcoholic craft beer and launching its award-winning Libra Pale Ale at the LCBO, one of the world's largest buyers and retailers of beverage alcohol. Canadians are embracing the non-alcoholic beverage movement, and many are switching between non-alcoholic and alcoholic beverages. Today the global non-alcoholic market is expected to surpass US $43.5 billion by 2032*.
Dividend-paying stocks such as Brookfield Infrastructure and Algonquin Power should be on the watchlist of income and value investors. The post 3 Ultra-Safe TSX Stocks That Also Pay Investors a Dividend appeared first on The Motley Fool Canada.
SANTA FE, N.M. (AP) — Government budgets are booming in New Mexico: Teacher salaries are up, residents can go to an in-state college tuition-free, moms will get medical care for a year after childbirth, and criminal justice initiatives are being funded to reduce urban violence. The reason behind the spending spree — oil. New Mexico is the No. 2 crude oil producer among U.S. states and the top recipient of U.S. disbursements for fossil fuel production on federal land. But a budget flush with petr
WELLINGTON, New Zealand (AP) — New Zealand's government said Monday it will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions. The government said it plans to spend 569 million New Zealand dollars ($357 million) on the trial program as part of a larger plan that includes subsidies for businesses to reduce emissions, a switch to an entirely green bus fleet by 2035 a