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Ontario’s online sports betting and gambling market is expected to generate nearly a billion dollars in gross revenue in its first year.
Based on its recent analysis of the Indian automotive cybersecurity solutions market, Frost & Sullivan recognizes SecureThings.ai with the 2020 Technology Innovation Leadership Award. The company employs a holistic approach to addressing issues in connected vehicle cybersecurity by offering continuous vehicle monitoring to detect unknown behaviors and threats. SecureThings differentiates itself through its comprehensive, multi-layer, and in-depth defense cybersecurity solutions for electric vehi
SNC-Lavalin (TSX: SNC), a fully integrated professional services and project management company with offices around the world, today launches DecarbonomicsTM, a data-driven solution to decarbonize the built environment in a cost-effective way and accelerate the global journey to net zero.
(Reuters) -American Airlines Group Inc on Thursday forecast returning to profitability in March, after reporting a smaller fourth-quarter loss, but said cost pressures would remain elevated this year due to the Omicron coronavirus variant-induced turmoil. The company said domestic leisure and short-haul international traffic were approaching their 2019 levels, but demand for long-haul international remained challenged. American, however, said the volatility in travel demand due to new COVID-19 variants has created "the most challenging planning environment in the history of commercial aviation".
Toronto-listed shares of Barrick rose 3% to C$23.90. The Carlin and Cortez mines are part of Nevada Gold Mines, a joint venture between Barrick and Newmont Corp. Barrick, which has a 61.5% stake in the joint venture, operates the Nevada mines. Barrick said the average market price for gold in the quarter was $1,795 per ounce, up from $1,790 per ounce in the prior quarter.
These three stocks to consider for your TFSA have the potential to provide you with substantial tax-free capital gains and dividend income. The post TFSA Investors: 3 Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Stocks have been falling across the board. Which dividend stocks should you buy to survive the market correction? The post 3 Dividend Stocks to Buy to Fight the Market Correction appeared first on The Motley Fool Canada.
Solid Q4 production numbers, stellar outlook guidance, and surging silver prices are helping First Majestic Silver stock rally today. The post Why First Majestic Silver Stock Popped 12% Today appeared first on The Motley Fool Canada.
NEW YORK (AP) — New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city. The Democrat's office announced Thursday that Adams' first salary payment will be deposited with Coinbase, an online platform used for buying cryptocurrency, and then converted into Ethereum and Bitcoin. “New York is the center of the world, and we want it to be the center of cryptocurrency and other
U.S.-listed shares of Unilever rose 10.1% on the news, while GSK's fell 2.8%. GSK has rejected three bids from Unilever for its consumer arm, which is home to brands such as Sensodyne toothpaste, Emergen-C vitamin supplement and Panadol painkiller, saying the bids "fundamentally undervalued" the business and its prospects. A spokesperson for GSK responded that the group was strongly focused on maximising shareholder value and very confident in the future of the consumer healthcare business in which Pfizer has a 32% stake.
President Joe Biden is paying a steep price for high inflation — a problem that festered during his first year in office instead of fading away as he suggested it would. His $1.9 trillion coronavirus relief package, enacted in March, drove what will probably be the fastest economic growth since 1984 and pulled the unemployment rate down to 3.9% at a quicker pace than experts predicted. But after unprecedented government interventions and supply chain problems, inflation is running at a nearly 40
These unloved stocks look cheap and could outperform in 2022. The post 2 Cheap TSX Stocks to Buy Right Now appeared first on The Motley Fool Canada.
China must prevent and defuse the risk of external shocks this year while strengthening macro-prudential management and guiding market expectations, the country's foreign exchange regulator said on Friday. The comments come as the U.S. Federal Reserve is widely expected to start hiking interest rates as early as March, while its Chinese counterpart has stepped up monetary easing to prop up a slowing economy, raising concerns about possible capital outflows due to the policy divergence. During the previous round of Fed tightening in 2018, China's currency depreciated sharply.
(Reuters) -UnitedHealth Group Inc on Wednesday said added costs of testing and treatment related to the recent surge in COVID-19 cases are being offset by postponements of non-urgent healthcare procedures, and the health insurer maintained its 2022 profit forecast. The comments should help allay investor concerns that the steep rise in COVID infections and hospitalizations driven by the Omicron variant of the virus in recent weeks would significantly drive up medical costs for health insurers. Adding to those concerns was a Biden administration initiative requiring insurers to reimburse Americans for up to eight at-home rapid COVID-19 tests per month, while setting no limit for tests, including at-home tests, that insurers must cover if they are ordered or administered by a healthcare provider.
(Reuters) -Morgan Stanley reported fourth-quarter profit which beat market expectations, outperforming rivals as its focus on advising wealth clients bore fruit, sending its shares up as much as 3.7% on Wednesday. The Wall Street investment bank also benefited from a boom in global dealmaking and keeping expenses in check at a time when its peers had been hampered with rising wages and technology costs. Full-year profit as well as revenue was a record for the bank, which advised on some of the world's biggest mergers during the year.
TSX tech stocks are in correction mode and it isn't pretty. Yet here are some cheap growth stocks for long-thinking investors today! The post Tech Stock Crash: 2 Cheap TSX Stocks to Buy on the Dip appeared first on The Motley Fool Canada.
Investors who can’t afford to lose their money should forget about weed stocks and avoid the industry leaders in 2022. The post Frustration, Not Profits: 3 Must-Avoid Weed Stocks in 2022 appeared first on The Motley Fool Canada.
Yves Mauffette is set to succeed Michel Ringuet, who served as Chairman of the INRS Board of Directors from 2020 to 2022. INRS would like to thank Mr. Ringuet for his valuable contribution to the development and influence of INRS and welcomes Mr. Mauffette to his new position.
A key group of China Evergrande's international creditors said on Thursday they were ready to take "all necessary actions" to defend their rights if the property developer did not show more urgency to resolve a default. Evergrande is the world's most indebted property company, with more than $300 billion in total liabilities, which include nearly $20 billion of international bonds all deemed to be in default after a run of missed payments late last year. The creditor group, represented by law firm Kirkland & Ellis and investment bank Moelis, said in a statement it had to "seriously consider" enforcement action after a lack of engagement by the firm at the heart of China's property crisis.
Wall Street's main indexes ended sharply lower on Thursday and a rally in U.S. stocks evaporated late in the session as investors considered whether equities were bargains after a sell-off to start the year that has seen the Nasdaq fall into correction territory. The Nasdaq on Wednesday closed more that 10% below its November all-time high, confirming it was in a correction. “There seems to be a whole lack of conviction," said Randy Frederick, vice president of trading and derivatives for Charles Schwab.