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Source: Financialpost February 04, 2023

Canada's railways defy critics by pulling off one of the biggest grain hauls on record

But not before slow start to moving the bumper crop prompted calls for industry overhaul Canada’s two major railways appear to have caught up with a bumper grain harvest, but not before a slow start triggered demands for an overhaul of transpor...

Company News Source: BNN Bloomberg February 03, 2023

Meta shares soar most since 2013 on Zuckerberg’s vision

Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive. Zuckerberg, who has spent the past year p...

Source: BNN Bloomberg February 03, 2023

Opportunities in lumber stocks: Three hot picks from Daryl Swetlishoff

With lumber prices reaching record highs during the pandemic, one financial expert expects those costs to remain elevated as the industry has learned to remain cash flow positive.    Speaking with BNN Bloomberg's Amber Kanwar on Thursday, Daryl Swetlishoff,...

Source: BNN Bloomberg February 03, 2023

U.S. stocks score best three-day rally since November

U.S. stocks rallied for a third day as traders anticipate the Federal Reserve’s tightening cycle may be nearing its peak.  The tech-heavy Nasdaq 100 was boosted by Meta Platforms Inc.’s biggest surge since 2013, fueled by the company’s earnings and upbeat...

Market Call Source: BNN Bloomberg February 03, 2023

Ryan Bushell's Top Picks: February 2, 2023

Ryan Bushell, president and portfolio manager, Newhaven Asset Management FOCUS: Canadian dividend stocks  MARKET OUTLOOK: Markets have started the year on a positive note as the hotly anticipated recession remains fashionably late. Much of the posi...

Source: Financialpost February 03, 2023

A single word from the Federal Reserve chair fuels hopes of lower mortgage rates in Canada

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC 'The disinflation...

Source: Financialpost February 03, 2023

Calgary's new real estate listings fall to level not seen since late 90s

Home sales declined 40% from the year before CALGARY — The Calgary Real Estate Board says January’s new listings fell to a level not seen since the late 90s as home sales declined 40 per cent from the year before. REGISTER TO UNLOCK MORE...

Source: Financialpost February 03, 2023

Delissio pizza, Stouffer's to disappear from shelves as Nestle Canada winds down frozen meals business

Lean Cuisine and Life Cuisine will also no longer be sold in Canada TORONTO — Nestle Canada says it is winding down its frozen meals and pizza business in Canada over the next six months. REGISTER TO UNLOCK MORE ARTICLES Create an accoun...

Source: Financialpost February 03, 2023

'Nonsensical': CRA denies taxpayer's headhunter fees, but judge sees things differently

Jamie Golombek: CRA's reasoning for denying headhunter expenses full of contradictions, judge says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made t...

Source: BNN Bloomberg February 02, 2023

U.S. stocks rally as Powell sees progress on inflation

U.S. stocks rose as Federal Reserve Chair Jerome Powell said the central bank has made progress in its battle against inflation, while warning that additional rate hikes are likely warranted. The S&P 500 jumped more than 1per cent after Powell said the “di...