Review

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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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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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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Wall Street reports! What you need to know before markets open

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U.S. stock index futures are rising today as investors welcomed Greek parliamentary approval of a bailout plan as well as on strong results from Netflix and Intel overnight. The European Central Bank will come across later in the day and therefore are expected to ease its funding squeeze on shuttered Greek banks.Magna International Inc., North America\’s biggest auto-parts maker, decided ...

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Canaccord gets bullish on prison REITs

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Looking for criminally low valuations in the real estate investment trust space? Try prison REITs. Canaccord Genuity initiated coverage of the space , with a “favourable take on the industry.” Additionally, it noted that prison REITs are relatively cheap when compared with their peers. “We believe the sector provides a unique blend of very defensive fundamentals with significant and accretive ...

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Where investors should look for opportunities after the Bank of Canada’s rate cut

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The Bank of Canada’s 25-basis-point rate cut last week to 0.5 percent certainly made a few investors grumble. Will the Bank of Canada have to start looking at QE? Debate grows as data appears to confirm recession After last week’s rate cut and more weak data today, there\’s a new debate brewing in Canadian economic circles whether the Bank will ...

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TSX extends losses, dragged down by energy, mining

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TORONTO – The Toronto stock exchange closed lower Friday, dragged down by the energy and mining sectors, while the Canadian dollar crept marginally higher. The S&P/TSX composite index fell 79.13 points to close at 14,186.24. \”Commodity stocks are simply not the place to be right now,\” said Ian Nakamoto, director of research at MacDougall MacDougall & MacTier Inc. in Toronto. ...

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Does the Fed have enough data to hike in September?

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There is no longer question that the U.S. Federal Reserve will raise interest rates, but there is some uncertainty about how exactly many hikes are coming. Market watchers are looking to the central bank’s September meeting because the time when the Fed will ultimately lift rates off the ground, particularly after Fed Chair Janet Yellen’s testimony last week. The primary ...

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Veteran director resigns from Home Capital ahead of key earnings call

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Home Capital Group Inc. announced Monday night that senior corporate lawyer?James Baillie is resigning from its board of directors in front of a closely watched earnings refer to this as week. Baillie, an old chairman of the Ontario Securities Commission, joined the board in February 2012. He also serves as?senior counsel at law practice Torys LLP. Home Capital, which is ...

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