Canadian stock market snaps 9-day losing streak

Canadian stock market snaps 9-day losing streak

The Canadian dollar briefly dropped below 70 cents Tuesday morning, as oil dipped too, below US$ 30 a barrel. Macquarie Group Ltd.’s David Doyle, Bloomberg’s top-ranked forecaster for the Canadian dollar last year, said he expected the currency to fall to a … Continue reading at iusbpreface.com

Canadian Imperial Bank of Commerce (CM) Shares Gap Up to .22

Canadian Imperial Bank of Commerce (NYSE:CM) gapped up prior to trading on Friday , MarketBeat reports. The stock had previously closed at $ 58.30, but opened at $ 59.22. Canadian Imperial Bank of Commerce shares last traded at $ 61.90, with a volume of … Continue reading at tickerreport.com

19 Canadian energy companies and 12 miners under review for downgrade as Moody's takes stock of global commodity meltdown

Moody's Investors Service has put the world's energy and mining companies on high alert for rating downgrades as the collapse in commodity prices puts major stress on their balance sheets. In total, the credit rating agency placed 120 oil and gas … Continue reading at calgaryherald.com

Stock Investing

Canadian companies’ profits hurt by oil price rout

TORONTO (Reuters) – The oil price rout and related Canadian dollar slide that is ravaging the … data project that earnings per share for constituents of the Toronto Stock Exchange’s S&P/TSX composite index are likely to decline on average … Continue reading at news.yahoo.com

Canadian Pacific Railway plans to cut 1000 positions

Should Canadian Pacific end its pursuit of Norfolk Southern, options may include an “aggressive” stock buyback plan, Harrison also said. “What we’re focusing on is what we can control: which is execution, which is running an efficient railroad”. Continue reading at farandulife.com

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Stock Investing

Canadian Pacific Railway (CP) Is Today’s Unusual Social Activity Stock

Trade-Ideas LLC identified Canadian Pacific Railway ( CP) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Canadian Pacific Railway as such a stock due to the following factors: CP has 11x the … Continue reading at thestreet.com

Canadian Solar Inc. (CSIQ) Expected to Post Q1 2016 Earnings of .44 Per Share

FBR & Co. currently has a "Buy" rating and a $ 32.00 target price on the stock. The consensus estimate for Canadian Solar's Q1 2016 earnings is $ 0.48 per share. FBR & Co. also issued estimates for Canadian Solar's Q3 2016 earnings at $ 0.76 EPS and … Continue reading at corvuswire.com

Stock Investing

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