Why Strategists Are So Bullish On Canadian Stocks, Even In The Midst Of A Trade War


Uber misses second-quarter revenue estimates, but sees its pricing pressure easing: Reuters



Working to boost growth from other logistics and food delivery services even as ridership numbers rise

‘Heightened uncertainty’: Magna and Linamar sales decelerate on weak global demand: Nicholas Sokic



The reduced prospects are in line with the decline in Canadian light vehicle assembly in the first six months

Loblaw won’t face lawsuit over Bangladesh factory collapse after Supreme Court refuses to hear case: The Canadian Press



Both Ontario's Superior Court and Court of Appeal had previously denied the plaintiffs class-action certification in their quest for $2 billion in compensation

Hudson’s Bay activist investor vows to replace chairman if bid to take company private fails: Bloomberg News



Jonathan Litt says Richard Baker racked up costs to form a special committee to review a bid he must have known was 'dead on arrival'

Why strategists are so bullish on Canadian stocks, even in the midst of a trade war: Bloomberg News



Canadian stocks may have lost US$47 billion in market value since July, but watchers say there is reason to be upbeat on Canada

Manulife Financial profit beats estimates on strength of Asia unit: Reuters



The Asia unit reported a nearly 15 per cent rise in core earnings to US$471 million, while its domestic and U.S. businesses slipped

Nickel proves it’s the wildest metal with sudden $2,000 spike: Bloomberg News



Nickel has always been known as volatile, but its biggest daily jump in a decade has left even the most seasoned traders astonished

The twisted logic behind Trump’s claim that China is a currency manipulator: Joe Chidley



Joe Chidley: Trump saw his chance to make good on his election promise to label China a currency manipulator, and he took it

Canadian Tire to buy Party City’s Canada business, reports 5.9% rise in revenue: Reuters



Retailer was buoyed by strong sales of its private label brands

Canada dollar outlook brightens with stable domestic economy: Reuters



TORONTO — The Canadian dollar will strengthen against its U.S. counterpart over the coming year, recouping ground lost since July, as Canada’s economy stays strong enough to withstand global trade uncertainty, a Reuters poll predicted. Canada’s dollar has fal…

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Medicare to cover expensive cancer cell therapies - Financial Post:



Medicare to cover expensive cancer cell therapies Financial Post The U.S. Centers for Medicare and Medicaid Services (CMS) on Wednesday said it has finalized a decision to cover expensive cancer cell therapies sold by... View full coverage on Google News

Waterloo’s Kik Interactive files blistering response to SEC lawsuit over crypto offering: James McLeod



'… badly mischaracterizes the totality of the facts and circumstances leading up to Kik’s sale of Kin in 2017'

SNC-Lavalin gets all-clear from Ontario court to sell Highway 407 stake to CPPIB: Bloomberg News



SNC-Lavalin agreed to sell a 10.01 per cent stake in the Toronto toll road for as much as $3.25 billion in cash to the Canadian pension fund

Beyond Meat’s latest restaurant conquest is the Subway meatball sub: Bloomberg News



The Beyond Meatball Marinara sub will be tested in 685 Subway locations for a limited time in the U.S. and Canada starting in September

Housing market flashing ‘encouraging signs,’ Home Capital CEO says: Geoff Zochodne



Comments came after Home Capital reported a profit of $31.9 million for its second quarter, up from $29.6 million a year ago

Stocks resume sell off as bond surge warns of looming recession: Bloomberg News



U.S. equities slumped and bonds rallied globally after a series of dovish central-bank surprises underscored growing concern over the outlook for growth. The S&P 500 Index’s loss approached 2 per cent in heavy volume as the 30-year Treasury yield closed in on…

World economy headed for its first recession in a decade as trade fears spread: Bloomberg News



Economists are starting to war game for how a recession could happen

As U.S. and China lock horns in trade battle, Canadian business investment feels the fallout: Naomi Powell



The escalation in trade tensions between the world two biggest superpowers is far from good news for Canada

Canada’s Stingray is taking on the music streaming giants — and its chief executive is worth a listen, too: Kevin Carmichael



Kevin Carmichael: Eric Boyko has two main policy concerns about doing business in Canada, neither of which has an obvious champion in Ottawa

More surprises possible in SNC-Lavalin’s fixed-bid business, analysts say: Geoff Zochodne



Both the company and some analysts who cover it say changes could take time to bear fruit, which may not be what investors want to hear



[news curation]@wakanda-forever



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