Daily News

Company News Source: BNN Bloomberg January 26, 2024

AIMCo 'would look at' buying Trans Mountain: CEO

The delayed Trans Mountain pipeline is set to begin filling with Canadian crude next month, and the CEO of one of Canada’s largest investment funds says he would consider purchasing the pipeline when the federal government decides to sell it. “We have an a...

Source: BNN Bloomberg January 26, 2024

Three homebuilder stocks poised to deliver strong returns: financial expert

U.S. homebuilder stocks outperformed the S&P500 last year and ended 2023 at near-record-highs even as interest rates remained elevated, and a financial expert says he sees more of the same in 2024. Tyler Batory, executive director of equity research at Opp...

Source: BNN Bloomberg January 26, 2024

Markets today: U.S. stocks climb as soft-landing chorus grows louder

Wall Street traders pushed stocks to another all-time high on speculation the Federal Reserve will be able to engineer a soft landing as the U.S. economy remains fairly resilient and inflation shows signs of cooling. Equities notched their sixth straight d...

Market Call Source: BNN Bloomberg January 26, 2024

Brendan Caldwell's Top Picks: January 25, 2024

Brendan Caldwell, president and CEO, Caldwell Investment Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: The market did very well last year and coming into this year, despite elevated economic and geopolitical uncertainty. Better...

Source: Financialpost January 26, 2024

Posthaste: Bank of Canada signals interest rate relief is coming, but brace for a wait

Looks like central bank's next move will be a cut, but when is the question We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bank of Canada signals interest rate r...

Source: Financialpost January 26, 2024

Real estate industry left playing the waiting game after Bank of Canada hold

Resurgence in the housing market could bring back interest rate hikesThe Bank of Canada’s decision to keep its key overnight interest rate steady at five per cent for the fourth time was widely expected by the real estate sector, but whether it will be enoug...

Source: Financialpost January 26, 2024

6 bankers leave Bank of Montreal after misconduct probe into bullying

Four were fired, two resignedSix people have left Bank of Montreal after an investigation into “completely unacceptable” behaviour in its investment banking group. We apologize, but this video has failed to load. Try refreshing your browser, ortap her...

Source: Financialpost January 26, 2024

New tax year brings new chance to withdraw strategically from this registered plan

Jamie Golombek: Post-secondary students have a fresh planning opportunity to stay one step ahead of the taxmanReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thr...

Market Call Source: BNN Bloomberg January 25, 2024

Stephen Takacsy's Top Picks: January 23, 2024

Stephen Takacsy, president, CEO and CIO of Lester Asset Management FOCUS: Canadian stocks Market outlook: We see a positive environment for stocks and bonds for 2024. We have always believed that inflation was “transitory,” caused by supply and dem...

Source: BNN Bloomberg January 25, 2024

Markets today: Nasdaq 100 gains for fifth day; Treasuries decline

U.S. stock indexes ended Wednesday off session highs, after earnings-related optimism fueled by Netflix Inc. moderated and investors geared up for another batch of key quarterly results. The S&P 500 was little changed when markets closed while the tech-hea...