Daily News

Company News Source: BNN Bloomberg November 15, 2023

Parkland expects $6B in cumulative available cash flow from 2024 to 2028

Parkland Corp. says it expects $6 billion in cumulative available cash flow from 2024 to 2028 that it plans to use to fund dividends, share buybacks, growth and debt reduction. The company says it plans to use 25 per cent of the expected cash on dividends...

Source: BNN Bloomberg November 15, 2023

Analyst picks industrial stocks that will benefit from accelerated spending

Industrial stocks will stand to benefit from a rush in infrastructure spending in the months ahead, one analyst says. Maxim Sytchev, managing director at National Bank Financial, told BNN Bloomberg that while the macro environment has been challenging for...

Source: Financialpost November 15, 2023

Rosenberg Sees 'Terrifying' Mortgage Math Bringing Canada Rates Down Quickly

Canada’s central bank will have to cut interest rates faster and further than markets expect to get ahead of a wave of mortgage maturities that threaten a fifth of the country’s discretionary income, according to economist David Rosenberg.(Bloomberg) — Canad...

Source: Financialpost November 15, 2023

Your boss may not be able to resist the 4-day workweek for much longer

Victoria Wells: Evidence of schedule's benefits for both employees and employers continues to pile upEmployers may not be able to resist a four-day workweek for much longer if one recent study highlighting even more compelling evidence of the schedule’s bene...

Source: Financialpost November 15, 2023

Opinion: Alberta’s case for taking half CPP’s assets

Since reform of the Canada Pension Plan in the 1990s, Alberta has made more than half of net contributions. That should be its shareBy Travis Toews We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other v...

Source: Financialpost November 15, 2023

William Watson: Alberta should take a 'random' walk out of the CPP

Leaving the Canada Pension Plan isn't unpatriotic but a province should have good reason for going. To pursue hands-off, barebones investing is oneIf you and I opened a joint savings account and, after a few years, one of us decided to pull out, the division...

Source: Financialpost November 15, 2023

David Rosenberg: Canada's menacing mortgage math means crisis looming

Bank of Canada will need to cut rates to prevent slowdown from becoming a meltdownBy Dylan Smith We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. David Rosenberg: Canada's m...

Source: BNN Bloomberg November 14, 2023

Markets today: Stock traders sitting on their hands before CPI

Stocks, bonds and the dollar saw small moves on Monday, with traders awaiting the latest inflation figures, remarks from Federal Reserve speakers and results from giant retailers. In a thin trading session, the S&P 500 hovered near its key 4,400 mark. The...

Source: BNN Bloomberg November 14, 2023

​U.S. bond auction 'a disaster' following cyberattack on world's largest bank: fixed income expert

A cyberattack on the world’s biggest bank in China caused liquidity issues in U.S. Treasuries, and fixed income experts suspect it was the cause of a weak bond market auction.   The Industrial and Commercial Bank of China Ltd. (ICBC) confirmed on Nov. 9 that...

Source: BNN Bloomberg November 14, 2023

​Expert picks video game stocks positioned for a rebound

Video game stocks have fallen since their peak during the COVID-19 pandemic lockdowns, but one investment expert says the sector is positioned for a comeback.    Nick McKay, vice president of equity research at Wedbush Securities, told BNN Bloomberg on Monda...