Company News for Apr 17, 2024

Financial Post
Pressure building on Bank of Canada: What economists say about slowing GDP
'Momentum in the Canadian economy appears to have faded quickly'
2 hours ago
The Motley Fool
3 Beaten-Down Stocks that Could Take Off in the New Bull Market
Do you have some extra cash to spare? These three discounted stocks are poised for a rebound. The post 3 Beaten-Down Stocks that Could Take Off in the New Bull Market appeared first on The Motley Fool Canada.
22 hours ago
Bloomberg
Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues
(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Price Swings Show How Liquidity Crunch Fuels Wild TradingAfter more than doubling this year, futures trad
2 hours ago
Financial Post
Hot U.S. inflation signal throws Bank of Canada a curveball
Too wide a spread between interest rates here and in the U.S. could hurt the Canadian dollar and reignite inflation
a day ago
Barrons.com
Shopify Stock Is Soaring. It’s at an ‘Attractive Entry Point,’ Says New Bull.
Shopify stock was climbing Monday after an analyst upgraded shares of the e-commerce platform on confidence in growth. Citi analyst Tyler Radke upgraded shares of Shopify to Buy from Neutral, and increased his target price to $105 from $93, which implies a 47% increase in the stock price as of Friday’s close. “Our Deep-Dive analysis into SHOP’s Merchant Solutions business gives us confidence in SHOP’s long-term growth,” Radke wrote in a research note.
a day ago
Business Insider
Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
17 hours ago
Business Insider
It's going to be a massive week for the stock market
There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs report.
19 hours ago
The Motley Fool
This 9% Dividend Stock Pays Cash Every Month
Investing in high-yield dividend stocks such as Diversified Royalty can help you begin a stable stream of recurring income. The post This 9% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.
21 hours ago
GOBankingRates
Jump on These AI Stocks If You Want To Be Rich in 5 Years
Artificial intelligence stocks have been on a roll for the past few months, mostly driving the market rally. Nvidia delivered record-breaking earnings on Feb. 21, with revenue rising to a staggering...
a day ago
Barrons.com
Tesla Stock Soars on FSD Approval in China. 3 Reasons the News Is a Big Deal.
The EV maker's CEO met with Chinese Premier Li Qiang over the weekend and won approval to unlock self-driving features.
22 hours ago
Insider Monkey
20 Countries That Produce the Most Gold in the World
In this article, we discuss the 20 Countries That Produce the Most Gold in the World. If you want to skip our discussion of the gold industry, go directly to 5 Countries That Produce the Most Gold in the World. Gold has been extremely valuable for ages. According to experts, about 209,000 tons of gold […]
a day ago
The Motley Fool
Transform $50 Into Monthly Passive Income: The Best Dividend Stocks Under $50
Do you want to establish a monthly income stream? Here are two of the best dividend stocks to under $50 to buy now! The post Transform $50 Into Monthly Passive Income: The Best Dividend Stocks Under $50 appeared first on The Motley Fool Canada.
22 hours ago
Yahoo Finance Canada
To sell or not to sell? Experts weigh in on triggering capital gains before June 25 change
Experts say it’s a decision that requires careful consideration.
5 hours ago
Financial Post
Posthaste: This missed CPP opportunity is costing Canadians thousands, says report
Waiting until age 70 to claim Canada Pension Plan would more than double pension payments
a day ago
Reuters
Canadian dollar posts a 3-week high as US currency retreats
The Canadian dollar edged up to a near three-week high against its U.S. counterpart on Monday as risk sentiment improved and ahead of monthly GDP data this week that could offer clues on the strength of the domestic economy. The loonie was trading 0.1% higher at 1.3656 to the U.S. dollar, or 73.23 U.S. cents, after earlier touching its strongest level since April 10 at 1.3632. "It has been a somewhat quiet start to the week, with firmer equity and bond markets underpinning risk sentiment and weighing on the USD more broadly," said George Davis, chief technical strategist at RBC Capital Markets.
a day ago
CBC
Toronto police lay 102 charges in credit fraud investigation
Toronto police say they have laid 102 charges in a major synthetic identity fraud investigation involving 12 people.Investigators announced the results of Project Déjà Vu at a news conference Monday, after its financial crimes unit began investigating a synthetic-identity credit fraud scheme that reportedly dated back to 2016. The two-year long investigation was dubbed Project Déjà Vu, following a similar synthetic identity fraud investigation in 2014 called Operation Mouse.Det. David Coffey sai
a day ago
Reuters
Canada's economic growth misses estimates, boosting chances of rate cut
OTTAWA (Reuters) -Canada's economy likely weakened in the first quarter, data from Statistics Canada showed on Tuesday, bolstering expectations that the Canadian central bank would have more reason to cut interest rates in June. Canada's gross domestic product (GDP) rose 0.2% in February, less than analysts' estimates, while growth in March likely remained muted, Statistics Canada said. The economic slowdown combined with cooling inflation could add to the evidence the Bank of Canada (BoC) is looking for to start lowering its key interest rate from nearly a 23-year high of 5%.
5 hours ago
Insider Monkey
13 Best Extremely Profitable Stocks to Invest in
In this piece, we will take a look at the 13 best extremely profitable stocks to invest in. If you want to skip our overview of the current stock market news and what profitability entails, then you can skip ahead to 5 Best Extremely Profitable Stocks to Invest in. When it comes to analyzing a […]
a day ago
GOBankingRates
Tony Robbins: 6 ‘Golden Rules’ of Investing That Can Make You Rich
Tony Robbins is an expert on building wealth, but he didn't get there overnight. He spent years working with and learning from some of the most successful investors of all time -- including hedge...
2 days ago
The Motley Fool
3 Blue-Chip Stocks Every Canadian Should Own
These blue-chip stocks have been winners for over 100 years and have the ability to continue this trend for 100 years more. The post 3 Blue-Chip Stocks Every Canadian Should Own appeared first on The Motley Fool Canada.
21 hours ago

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CMC Crypto 200

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STOCKS SINK WITH FED IN FOCUS, AMAZON EARNINGS ON DECK

Company News for Apr 17, 2024

Latest Stories

Pressure building on Bank of Canada: What economists say about slowing GDP

3 Beaten-Down Stocks that Could Take Off in the New Bull Market

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

Hot U.S. inflation signal throws Bank of Canada a curveball

Shopify Stock Is Soaring. It’s at an ‘Attractive Entry Point,’ Says New Bull.

Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible

It's going to be a massive week for the stock market

This 9% Dividend Stock Pays Cash Every Month

Jump on These AI Stocks If You Want To Be Rich in 5 Years

Tesla Stock Soars on FSD Approval in China. 3 Reasons the News Is a Big Deal.

20 Countries That Produce the Most Gold in the World

Transform $50 Into Monthly Passive Income: The Best Dividend Stocks Under $50

To sell or not to sell? Experts weigh in on triggering capital gains before June 25 change

Posthaste: This missed CPP opportunity is costing Canadians thousands, says report

Canadian dollar posts a 3-week high as US currency retreats

Toronto police lay 102 charges in credit fraud investigation

Canada's economic growth misses estimates, boosting chances of rate cut

13 Best Extremely Profitable Stocks to Invest in

Tony Robbins: 6 ‘Golden Rules’ of Investing That Can Make You Rich

3 Blue-Chip Stocks Every Canadian Should Own