Franklin Templeton Opens the Market

Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
The Canadian Press
TD worst-case scenario more likely after drug money laundering allegations: analyst
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD faces needs reassessing after the Wall Street Journal reported the link on Thursday. The newspaper said the U.S. Justice Department investigation is focused
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Yahoo Finance Canada
Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices
"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."
The Motley Fool
Invest $10,000 in This Dividend Stock for $2,620.16 in Passive Income
This dividend stock is up 21% in the last year, with a 4.96% dividend yield. And even more growth is likely on the way for investors wanting security. The post Invest $10,000 in This Dividend Stock for $2,620.16 in Passive Income appeared first on The Motley Fool Canada.
The Independent
Accounting firm used by Trump Media hit with ‘massive fraud’ charge
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
The Canadian Press
TD Bank hit with $9.2M penalty after failing to report suspicious transactions
TORONTO — Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S. The penalty by the Financial Transactions and Reports Analysis Centre of Canada, or Fintrac, comes after it imposed a $7.5-million fine against RBC and a $1.3-million fine against CIBC, both of which were announced in December. Those penalties were also
Yahoo Finance Canada
Air Canada shares plunge as wider loss, slowing travel demand weigh
The Montreal-based airline reported an adjusted net loss of $96 million, or 27 cents per share, more than the seven cents per share loss that analysts had expected.
Reuters
Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll
The Canadian dollar is set to strengthen less than previously expected over the coming year as the Bank of Canada makes progress on taming inflation and will likely begin cutting interest rates ahead of the Federal Reserve, a Reuters poll found. According to the median forecast of nearly 40 foreign exchange analysts in the April 29-May 2 poll, the loonie will strengthen 0.7% to 1.36 per U.S. dollar, or 73.53 U.S. cents, in three months, compared to 1.34 in last month's poll. "In the near term, I think there are going to be some headwinds," said Bipan Rai, global head of FX strategy at CIBC Capital Markets.
The Motley Fool
How Much Will Bank of Nova Scotia Pay in Dividends This Year?
Bank of Nova Scotia (TSX:BNS) stock has a 6.66% dividend yield. The post How Much Will Bank of Nova Scotia Pay in Dividends This Year? appeared first on The Motley Fool Canada.
Yahoo Finance Canada
'It falls short as a response:' Bombardier CEO shrugs off private jet rivals as it eyes defence expansion
"It actually doesn't achieve the type of performance we've been achieving for the last five years."
The Motley Fool
My Top 2 Canadian AI Stocks to Buy in May
Shopify (TSX:SHOP) and another tech firm that's innovating on the front of generative AI technology! The post My Top 2 Canadian AI Stocks to Buy in May appeared first on The Motley Fool Canada.
The Canadian Press
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of roughly 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fe
Simply Wall St.
Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Cenovus Energy Inc. ( TSE:CVE ) investors will be delighted, with the company turning in some strong numbers with its...
The Motley Fool
It’s Currently 8.7%, but Is BCE’s Dividend Safe?
BCE stock recently dipped, and it pays an ultra high dividend. But investors might want to think twice before jumping in. The post It’s Currently 8.7%, but Is BCE’s Dividend Safe? appeared first on The Motley Fool Canada.
Financial Post
Tiff Macklem defends Bank of Canada's two per cent inflation target
Senators questioned whether central bank could raise the target to give Canadians relief on high mortgage rates
The Canadian Press
Apple's quarterly iPhone sales plunge 10%, but stock price surges
Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple’s revenue. It marked the biggest drop in iPhone sales since July-September period in 2020, when production bottlenec
The Motley Fool
2 Soaring TSX Stocks Whose Growth Is Just Getting Started
Badger Infrastructure Solutions (TSX:BDGI) and Cameco (TSX:CCO) are great growth plays that are a must watch on the way down. The post 2 Soaring TSX Stocks Whose Growth Is Just Getting Started appeared first on The Motley Fool Canada.
Bloomberg
Bitcoin Slump Triggers Warning of ‘Trouble Ahead’ for Global Markets
(Bloomberg) -- Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supercharger Team in Blow
CNN Business
Sell in May and go away? Think again
The Wall Street adage suggests investors should dump stocks this month and return to the market in November. But gutting your portfolio before the summer may not be a recipe for success.

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Franklin Templeton Opens the Market

Latest Stories

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

TD worst-case scenario more likely after drug money laundering allegations: analyst

US stands to lose Canadian natural gas when LNG Canada terminal starts up

Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices

Invest $10,000 in This Dividend Stock for $2,620.16 in Passive Income

Accounting firm used by Trump Media hit with ‘massive fraud’ charge

TD Bank hit with $9.2M penalty after failing to report suspicious transactions

Air Canada shares plunge as wider loss, slowing travel demand weigh

Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll

How Much Will Bank of Nova Scotia Pay in Dividends This Year?

'It falls short as a response:' Bombardier CEO shrugs off private jet rivals as it eyes defence expansion

My Top 2 Canadian AI Stocks to Buy in May

Federal Reserve says interest rates will stay at two-decade high until inflation further cools

Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

It’s Currently 8.7%, but Is BCE’s Dividend Safe?

Tiff Macklem defends Bank of Canada's two per cent inflation target

Apple's quarterly iPhone sales plunge 10%, but stock price surges

2 Soaring TSX Stocks Whose Growth Is Just Getting Started

Bitcoin Slump Triggers Warning of ‘Trouble Ahead’ for Global Markets

Sell in May and go away? Think again