Review

Energy patch managers stuck in ‘wait-and-see’ mode

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The tone at this year’s Calgary Stampede is understandably more sobering compared to the recent past since crude oil and the overall equity market are rather weak. Participants would likely be a little more upbeat if crude had increased from US$60 per barrel, instead of moving down again to the low US$50 range. Analysts at Raymond James, which hosted its ...

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Potash Corp. buying K+S AG far from a sure thing

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The market may be factoring in a roughly 60-per-cent chance that Potash Corp. of Saskatchewan successfully acquires K+S AG, but a minumum of one analyst thinks the possibilities much lower. Ben Scarlett at J.P. Morgan downgraded K+S to underweight from overweight as he sees the probability of a deal at nearer to one in three. “An offer is likely to ...

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Jonathan Chevreau: Why dividend funds are a smart financial move

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In the search for tax-efficient yield, individual dividend-paying stocks and exchange-traded funds holding baskets of these make more sense than ever in this seemingly perpetual low-interest world. Investors can pick GICs or interest-only instruments that barely yield one or two per cent, and they\’re going to be taxed at the very top marginal rate if they are held outside registered ...

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TIO’s Softgate buy seen as transformational

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TIO Networks Corp.’s announced acquisition of Softgate Systems Inc. won’t likely close for some more months, but it won’t hurt if investors in TIO, a cloud-based bill payment processor, wish to start adding to their holdings ahead of time, says Kris Thompson, analyst at National Bank Financial. “The stock will likely not rally an excessive amount of more ahead of ...

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Yum Brands Inc sales fall for fourth straight quarter

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Yum Brands Inc, who owns the Pizza Hut and Taco Bell restaurant chains, reported its fourth straight quarter of falling sales, because it struggles to recover from a food scandal in China, an industry where the company makes the majority of its profit. The company\’s net income fell to US$235 million, or 53 US cents per share, in the second ...

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Why Canadian investors should brace themselves for a long, and occasionally frightening, second half

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The latest cut to the Bank of Canada\’s benchmark overnight rate was probably an essential move. But in some ways it had been also a troubling one. Uh oh, we're not in Kansas anymore! Appears like it's going to be an ugly year for the Canadian dollar The perfect storm from the Bank of Canada rate cut, weak oil prices, ...

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The high list: 5 companies whose shares have recently hit new peaks

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One of the best investment strategies (at least for me) over the past Twenty five years is to find ideas by perusing the brand new high lists each day. A new high means someone, somewhere, has just paid a brand new level for any stock, one that has not been seen before. Thus, you realize at least one investor believes ...

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It’s a troubled world when oil is a refuge for equity investors

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You know the world is within trouble when investors look to the oil industry for safety. Oil stocks, the worst performing shares in the world, are starting to lure investors, with dividend yields the greatest since the financial crisis that began in 2008. Their payouts tend to be more remarkable within this era of record-low interest on cash and zero ...

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Commodities are crashing to 13-year lows as investors dump gold ahead of Fed rate hike

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The rout in commodities deepened with prices at risk of the lowest close since 2002 because the prospect of higher U.S. rates of interest sent gold tumbling. Gold plunges to lowest since 2010, piling pressure on miners already facing razor-thin margins If gold prices remain below $1,100 for any prolonged period, analysts warn more mine closures are inevitable. Read on ...

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Google’s YouTube still an ‘upstart’ in TV world

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Google Inc. spent a fair bit of time talking about YouTube during its business call last week. While the data provided paints a really upbeat picture, some questions remain unanswered. Brian Wieser, a brand new York-based analyst at Pivotal Research Group, tried to fill in the blanks, starting with Google’s indication watch time on YouTube has risen 60 percent on ...

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