Review

The best 11 Canadian stocks to buy in June

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We asked our top analysts for his or her favourite stocks to purchase this month. Kay Ng: Canadian Western Bank (TSX:CWB) Canadian Western Bank (TSX:CWB) remains my top idea from recently. Canadian Western is really a regional bank offering personal and business banking services over the four western provinces. It\’s even cheaper than last month, dropping from $31 to $28. ...

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Lululemon Athletica Inc hasn’t convinced this analyst

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The market absolutely loved Lululemon Athletica Inc.’s Q1 results, sending shares of the apparel retailer up 11 per cent on Tuesday after it beat analysts’ estimates for that eighth straight quarter and boosted its outlook for that year. But it’s not all rosy at Vancouver-based Lululemon, at least not within the opinion of Camilo Lyon at Canaccord Genuity. His biggest ...

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Low-interest investments are now an opportunity for fraudsters, says Quebec securities regulator

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MONTREAL – The head of Quebec’s financial regulator says the current low-interest environment causes an increase in fraud risk as investors search for higher margins. “Ten years ago, scammers could attract people by promising 20 percent interest, for instance. In today’s world with a very low rate of interest, you can be promised three per cent and it could be ...

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The next few weeks are big for McDonald’s Corp. turnaround plan

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McDonald’s Corp.’s new promotion down south that offers customers a little fries along with a double cheeseburger for US$2.50 bodes well for that company’s prospects come july 1st. The nationally advertised U.S. value tier looks nearly the same as one David Palmer at RBC Capital Markets believes worked well for the fast-food chain in the New York City area, giving ...

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Investors, it’s time to build up cash for potential pullback buys

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The U.S. economy have made a turn for the better in recent weeks, but there remain plenty of signs that warrant near-term caution for equity investors. Although housing, autos, wages and other job-related data appear to be improving, important indicators such as market breadth happen to be fairly weak for the S&P 500 and S&P/TSX composite indexes. Trading volumes are ...

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Back from the brink, Yellow Pages Ltd sees real estate as next battleground in digital strategy

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MONTREAL – Just 3 years after nearly sinking under the weight of a huge debt burden, Yellow Pages Ltd.?took another step on Tuesday in its transition from a legacy business built around delivering phonebooks to a digital-first company with the $50 million acquisition of online property platform ComFree/DuProprio. “We already were built with a lot of business around property because ...

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Teck could raise $1 billion from silver stream sales to Silver Wheaton

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Teck Resources Ltd. has stated that it could sell silver streams from the mines to increase liquidity. The company has been looking for copper acquisitions, which means this would be one method to help finance a deal. TD Securities analyst Greg Barnes estimated that Vancouver-based Teck could raise around $1 billion from streaming sales, if it so desired. He assumed ...

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Venture capital investors are flocking to burgeoning biotech startups

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The biotech industry and its investors this week anxiously awaited the clinical test outcomes of two promising drugs that might one day help slow down the degenerative effects of Alzheimer’s. The findings were mixed – Eli Lilly & Co.’s solanezumab showed it has some potential, but patients taking Biogen Inc.’s BIIB037 failed to show statistically cognitive improvement – and investors ...

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TSX closes lowers as oil falls, Greek talks continue

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TORONTO – The Toronto stock market closed lower Friday as oil prices weakened and concerns intensified within the Greek debt crisis in front of a key meeting a few days ago.The S&P/TSX composite index dropped 89.41 suggests 14,808.09 as the loonie rose 0.05 of a U.S. cent to 81.20 cents. Markets everywhere anticipated developments over the weekend in the negotiations ...

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Eurozone volatility is creating buying opportunities for investors

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If you don’t think Greece is leaving the eurozone and also you own companies that can cope with higher interest rates, then the volatility stemming from bailout negotiations in Europe and also the beginning of a hiking cycle by the U.S. Federal Reserve should create some buying opportunities. It has for Dennis Mitchell, senior portfolio manager at Sentry Investments, who ...

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