US homebuilder NVR tops profit estimates as tight housing supply spurs sales

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
GOBankingRates
Kevin O’Leary: The Money Is ‘Not in Bitcoin’ — Here’s What You Should Invest In
Cash flow. If you're a fan of "Shark Tank" or follow Kevin O'Leary, you've likely heard him talk about the importance of cash flow. In a recent video he posted to LinkedIn, O'Leary spoke again about...
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.
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.
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 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
The Motley Fool
Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days
You can expect to earn reliable monthly passive income for years to come by investing in these two top Canadian monthly dividend stocks now. The post Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days appeared first on The Motley Fool Canada.
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 Canadian Press
There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem
Bank of Canada governor Tiff Macklem says Canadian interest rates don't have to match U.S. or global rates, but there is a limit to how much they can diverge. Macklem made the comments while testifying before the House of Commons finance committee today. The governor says Canada is nowhere close to the limit when it comes to how much Canadian and American interest rates can differ. The Bank of Canada is widely expected to begin lowering its policy rate in the coming months, while forecasters exp
The Canadian Press
Greater Toronto home sales down in April but new listings surge: board
TORONTO — The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable. The board says 7,114 homes changed hands in the month compared with 7,487 last year, noting April 2023 saw a temporary resurgence in market activity that led to a sales boost. The average selling price was up 0.3 per cent year-over-year to $1,156,167. "Many homeowners are anticipatin
Financial Post
David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now
Key data points indicate the central bank is keeping policy 'far too tight'
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.
Yahoo Finance Canada
Weak loonie? These TSX stocks could gain strength, says RBC
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
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 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
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.
The Canadian Press
Air Canada pins hopes on business travellers after profits fall
MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead. Until recently, the travel surge that followed COVID-19 restrictions failed to reach the business world, where pandemic habits of video conferencing and remote work proved tough to shake. But Air Canada, which reported a first-quarter earnings loss on Thursday — and

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US homebuilder NVR tops profit estimates as tight housing supply spurs sales

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

Kevin O’Leary: The Money Is ‘Not in Bitcoin’ — Here’s What You Should Invest In

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

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

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

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

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

Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days

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

There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

Greater Toronto home sales down in April but new listings surge: board

David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now

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

Weak loonie? These TSX stocks could gain strength, says RBC

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

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

2 Soaring TSX Stocks Whose Growth Is Just Getting Started

Air Canada pins hopes on business travellers after profits fall