Shares

China could push world into recession: Morgan Stanley

0714chinastocks.jpg

Forget about all the shoes, toys along with other exports. China may soon have another thing to offer the world: an economic downturn. That is the prediction from Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management, who says a continuation of China\’s slowdown in the next years may drag global economic growth below 2 per cent, a ...

Read More »

Netflix impressed Wall Street and now its shares are soaring

0716netflix.jpg

Netflix has been a Wall Street favourite throughout the year, with the company’s shares a lot more than doubling because the start of 2015 to carry the title of top performing stock within the S&P 500. Now its shares have hit a record high following the firm reported earnings yesterday and beat on a number of important metrics, like the ...

Read More »

Foreign investors’ sale of Canadian securities outpaces purchases in May

toronto-stock-exchange.jpg

International investors sold more Canadian securities than they bought in May, as cross-border mergers and acquisitions drove the first net divestment of equities this season. Sales totalled $5.45 billion, Statistics Canada said Thursday in Ottawa. That was led by $5.66 billion of stocks, as mergers and acquisitions of Canadian companies led to shares changing hands. International investors also bought $514 ...

Read More »

Home Capital no ‘canary in the coal mine’: Scotia

tsa070315geraldsoloway02.jpg

Scotia Capital upgraded Home Capital Group Inc. towards the equivalent of a buy rating carrying out a steep 25 % drop a week ago. Home Capital Group’s stock saw a bounce Monday following the upgrade, trading up 2.13 per cent, or 68 cents, to $32.54 by noon. Regardless of the bounce, short curiosity about the stock remains strong, with nearly ...

Read More »

Bill Ackman says China’s stock market is more ‘frightening’ than Greece and even the U.S. in 2007

bill_ackman.jpg

Bill Ackman, the billionaire hedge fund manager who runs Pershing Square Capital Management, said China is really a far bigger concern to markets than Greece which the country’s stock market scares him. “China is a bigger global threat undoubtedly,” Ackman said Wednesday at the CNBC Institutional Investor Delivering Alpha Conference in New York. “The Chinese stock exchange is a fairly ...

Read More »

TSX closes in the red for third straight session

trader10.jpg

TORONTO – The Toronto Stock market closed lower for that third straight session as investors direct their attention to the fundamentals of the Canadian market. The S&P/TSX composite index lost 49.31 points to close at 14,376.24 after starting the day in the black. Allan Small, senior investment adviser at Holliswealth, said the markets had been positive following the resolution of ...

Read More »

TSX experiences ‘hangover’ from last week as gold and oil fall

trader8.jpg

TORONTO ??The Toronto Stock Exchange was dragged down to a triple-digit decline on Monday as gold and oil prices fell. The S&P/TSX composite index closed down 217.29 suggests 14,425.55. The Toronto market’s move mirrored a slide within the prices for both oil and gold. Kevin Headland, director of capital markets and strategy at Manulife Asset Management, said the market was ...

Read More »

China vows to prop up market to avoid full-blown crash after stocks tumble 8.5% in a day

china6.jpg

China said on Monday it was prepared to buy shares to stabilize the stock exchange and avert \”systemic risks,\” after major indices plunged a lot more than 8 percent in the biggest one-day fall since 2007. The securities regulator also said market authorities would deal severely with anyone engaged in the \”malicious shorting of stocks,\” in Beijing\’s latest make an ...

Read More »

Don’t have a defined benefit pension? Here’s how to build one yourself with just three stocks

tim.jpg

There are millions of Canadians retiring in the next decade who won\’t have the security of a defined benefit pension to fall back on. Although I\’m sure most people would rather possess a pension compared to not having one, doing without a pension does not have to hinder your golden years. Most folks will end up qualifying for CPP and ...

Read More »

Downside risk for Canadian stocks seen shifting away from resources

tsx.jpg

The Canadian equity marketplace is an easy target for bearish global investors, simply because of its heavy contact with commodities. But it’s helpful to group Canadian stocks into two classes: resource-oriented and anything else. What remains from the S&P/TSX composite index after removing resource stocks has actually matched the performance from the S&P 500 to date in 2015 and in ...

Read More »