Daily News

Economy Source: Financialpost January 21, 2023

High for longer? Watch out for 'hawkish signal' from Bank of Canada next week: Capital Economics

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 Capital Economics...

Economy Source: Financialpost January 21, 2023

Retail sales increase in December as consumers keep spending

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 Preliminary data...

Economy Source: Financialpost January 21, 2023

Recession or soft landing? Economists divided as economy, labour market prove resilient

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 While some think...

Source: BNN Bloomberg January 20, 2023

Young investors should stay invested amid uncertainty: Wealthsimple CEO

Amid economic volatility, young investors should continue to be disciplined by sticking to their investment plan and remaining in the market, according to the co-founder and chief executive officer of Wealthsimple Inc.  The current economic situation marks...

Source: BNN Bloomberg January 20, 2023

Biotech stocks: Three hot picks from Eden Rahim

The biotech sector has been on a decline since 2021, and for one investment professional, that means opportunities.    Speaking with BNN Bloomberg's Amber Kanwar on Thursday morning, Eden Rahim, portfolio manager and options strategist at Next Edge Capital,...

Market Call Source: BNN Bloomberg January 20, 2023

Bruce Campbell's Top Picks: January 19, 2023

Bruce Campbell, president and portfolio manager, StoneCastle Investment Management FOCUS: Canadian stocks  MARKET OUTLOOK: 2022 was a challenging and humbling year for most investors in small and mid-cap growth portfolios. In many cases, company fu...

Company News Source: BNN Bloomberg January 20, 2023

Birchcliff Energy announces 900% dividend increase

Birchcliff Energy Ltd. announced a 900 per cent increase to its quarterly dividend Wednesday, as the company moved to fulfill its previous commitment of returning capital to shareholders.  The new quarterly dividend will be valued at $0.20 per common share...

Source: BNN Bloomberg January 20, 2023

U.S. stocks notch third day of losses on growth jitters

U.S. stocks fell for a third day as risks from rising interest rates to economic growth and earnings kept a grip on sentiment. Still, bulls can take some solace in the selloff in equities showing signs of easing, with the S&P 500 ending down 0.8 per cent,...

Source: BNN Bloomberg January 20, 2023

TSX recap: Index finishes lower amid losses in technology

Canada's main stock index edged lower Thursday, with losses in technology and industrials buoyed by energy stocks, while U.S. stock markets were also down.   The S&P/TSX Composite Index was down 34.79 points, or 0.17 per cent, at 20,341.44. In New York,...

Company News Source: BNN Bloomberg January 20, 2023

Netflix's Hastings gives up CEO title; Peters named co-chief

Netflix Inc. co-founder Reed Hastings is stepping aside as chief executive officer of the company he’s led for more than two decades, leaving the position to his two longtime associates, Ted Sarandos and Greg Peters.  Sarandos, who was already co-CEO, is t...