Are you planning to buy the dip? These two top TSX growth stocks are trading near their 52-week lows. Moreover, their valuations are at a multi-year low. The post Got $2,000? These 2 Growth Stocks Are Near Their 52-Week Lows appeared first on The Motley Fool Canada.
(Reuters) -Canada's main stock index ended flat in volatile trading on the last day of a quarter that has been plagued with worries around economic growth and hawkish central bank policy actions. The Toronto Stock Exchange's S&P/TSX composite index provisionally ended up 2.38 points, or 0.01%, at 18,444.22, after climbing to the day's high of 18,685.04. "It does look like pretty much the whole market is braced for recession," said Elvis Picardo, portfolio manager at Luft Financial, iA Private Wealth.
Wall Street companies and others that break the rules should be required to admit their wrongdoing when settling enforcement actions, especially as the growth of retail investing puts more Americans at risk, a U.S. regulator told Reuters. Christy Goldsmith Romero, a commissioner at the Commodity Futures Trading Commission (CFTC), said she planned to use her vote on enforcement actions to push for more admissions of wrongdoing, particularly from repeat-offender Wall Street companies. "We've seen Wall Street banks get one enforcement action after another, after another, after another and the deterrence doesn't seem to be working, so I'm looking for a greater deterrent impact," she told Reuters on Thursday.
Microsoft is a wonderful business. The tech stock has corrected, and long-term investors should seize the opportunity to buy on weakness. The post Microsoft Stock: Is it Time to Buy Yet? appeared first on The Motley Fool Canada.
The chair of one of Canada's largest institutional investors says the central bank has to grapple with policy choices ahead, neither of which is good.
Food giant Nestle plans to stop sourcing from subsidiaries of Astra Agro Lestari (AAL), a major Indonesian palm oil producer accused by environmental groups of land and human rights abuses. Nestle, maker of KitKat chocolate and Nespresso coffee, told Reuters that following a recent independent assessment, it instructed its suppliers to ensure palm oil from three subsidiaries of AAL no longer enters its supply chain. It did not specify the claims again AAL other than to say it had been on its 'grievance' list for several months.
BRUSSELS (Reuters) -European Union countries disagreed on Friday about whether and how to cap runaway gas prices, with Germany among those opposing the measure that 15 other states said was needed to tackle Europe's energy crunch. Meeting in Brussels on Friday, ministers from the 27 EU member states approved levies on energy firms' windfall profits to try to contain an energy price surge aggravated by Russia's war against Ukraine. The Czech Republic said, however, that was not enough and that many EU countries expected a proposal from the bloc's executive European Commission on capping the gas price.
Frost & Sullivan Institute commends Best-in-Class Companies with Global Enlightened Growth Leadership Best Practices Recognition for 2022. Representing around 1% of all global Organizations, the recipients of the Enlightened Growth Leadership Recognition are making noteworthy strides toward 'Innovating to Zero'.
Altria is looking to permanently terminate its non-competition obligations to Juul, give up certain rights including its board designation rights and reduce its voting power, according to a regulatory filing on Friday. In July, Altria slashed the value of its stake in Juul to $450 million, down from the original value of $12.8 billion, allowing itself the option to be released from the non-compete clause and invest in or engage with any other e-vapor business. However, it did not seek to be released from the obligations at the time, and said it saw value in its investment rights in Juul.
Today, on National Day for Truth and Reconciliation, the Ontario Heritage Trust, in partnership with the Children of Shingwauk Alumni Association (CSAA) and Algoma University, unveiled a new provincial plaque commemorating the former Shingwauk Indian Residential School in Sault Ste. Marie.
Study said project could put local communities at 'significant risk' and lead to arsenic contamination
BEIJING (AP) — Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened. Shanghai, Tokyo, Hong Kong and Sydney retreated. Oil prices edged lower. Wall Street's benchmark S&P 500 index fell 2.1% on Thursday to its lowest level in almost two years after strong U.S. jobs data reinforced expectations the Federal Reserve will stick to plans for more interest rate hikes. Inves
Real estate portals generate competition, inform buyers and draw even more attention to listings
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampering industrial activity and inflicting sky-high bills on consumers ahead of winter. The deal came as countries were investigating the cause of leaks in Russia's Nord Stream gas pipelines to Europe, and as Europe heads into an energy-scarce winter after Russia slashed gas deliveries in the wake of its invasion of Ukraine. Moscow blames the supply cuts to EU countries on Western sanctions.
WASHINGTON (AP) — Vice President Kamala Harris and Treasury Secretary Janet Yellen plan to use this year's Freedman's Bank Forum to highlight how federal coronavirus pandemic relief program funds have helped support Black- and minority-owned businesses. The Treasury Department said in a statement that “the importance of expanding the community finance system will be front and center” at the Oct. 4 forum. In 2015, then-Treasury Secretary Jack Lew launched the annual Freedman’s conference to devel
New home prices in China fell for the third straight month in September as a mortgage boycott across the country and a slowing economy discouraged potential home buyers, a private survey showed on Saturday. China's property market crisis worsened this summer, with official data showing home prices, sales and investment all falling in August, adding pressure on the world's second-largest economy, which barely grew in the second quarter. Prices in 100 cities fell 0.02% in September from a month earlier, after declines of 0.01% in July and August, respectively, according to a survey by China Index Academy (CIA), one of the country's largest independent real estate research firms.
Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) ("Augusta Gold" or the "Company") announces that all matters presented for approval at Augusta Gold's annual shareholder meeting held today, as more particularly set out in the Company's Management Information Circular and Proxy Statement dated August 15, 2022, have been approved. These matters included:
The U.S. dollar's share of currency reserves reported to the International Monetary Fund rose in the second quarter, with the Federal Reserve in the midst of an aggressive tightening cycle aimed at stamping out uncomfortably high inflation. The greenback's share of reserves rose to 59.5%, from 58.8% in the first quarter, IMF data showed on Friday. Global reserves, which are reported in U.S. dollars, are central bank assets held in different currencies used in part to support their liabilities.
U.S. consumer spending increased more than expected in August, but stubbornly high inflation is dampening demand, potentially limiting an anticipated rebound in economic growth this quarter. The report from the Commerce Department on Friday also showed underlying inflation pressures building up last month, providing cover for the Federal Reserve to remain on its aggressive monetary policy tightening path. Wage growth also appears to be slowing and consumers are tapping excess savings to offset high prices.
With so many bargains on the market today, here are three of the best Canadian growth stocks to buy in October. The post 3 Canadian Growth Stocks to Buy in October appeared first on The Motley Fool Canada.