Concerns about Goldcorp’s balance sheet overblown


Goldcorp Inc.’s stock performance has topped most of its peers recently, but not to date in 2015. TD Securities analyst Greg Barnes thinks the main reason for the underperformance is concern about the miner’s balance sheet. However, he does not think this is something investors ought to be worrying about. “We feel that this (stock) underperformance will reverse as production ...

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How bond ETFs can help during big market selloffs


A well-known maxim in the realm of investing is the fact that to get a good read on the outlook for equities, you need look no further than the text market. Gauging from all the latest hoopla in the realm of bonds, greater caution looks to be in order. Stocks are no longer cheap, normalization within the U.S. is on ...

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George Soros is betting on the Canadian energy sector. Should you too?


George Soros is one of the best investors on the planet. In 1973 he founded the Quantum Fund, and also over the next 2 decades Soros went on to generate a 30% compounded annual return. Because of that kind of performance, he has cemented his place one of the world\’s greatest investors. Because of his exceptional history, I always pay ...

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Look beyond retail sales for what’s really happening with the U.S. economy


There is no sense sugar coating the April U.S. retail sales report released Wednesday – it was a dud. The headline was flat in comparison to the expected 0.2-per-cent month-over-month rise. The ex-auto sales category edged up 0.1 per cent, which was far shy of market expectations for any 0.5-per-cent bounce. And the retail \”control\” segment that feeds right into ...

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Mixed views on giant First Quantum financing


First Quantum Minerals Ltd. unveiled a blockbuster $1.25-billion stock offering Wednesday night, easily the largest equity offer the Canadian mining space this year. The Vancouver-based company didn\’t need to raise that much money, therefore the deal raises a clear question: Is it worth diluting shareholders so much? The offering, which is priced at $16.25 a share, will raise the share ...

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Revealed: Warren Buffett’s top five picks for stocks that will make you steady money


Warren Buffett gets the red-carpet treatment running a business circles- and for good reason. By buying wonderful companies and holding on for the long haul, the Oracle of Omaha has accumulated one of the biggest fortunes ever. That\’s why for us income investors, it never hurts to peek over the shoulders of the world\’s greatest businessman. But while Buffett\’s holding ...

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Canada Pension Plan said to be in talks about acquiring General Electric’s buyout-lending business


Canada Pension Plan Investment Board is within talks to buy Whirlpool Co.\’s U.S. private-equity lending business because the company accelerates plans to shed most of its finance operations, people acquainted with the matter said. Canada Pension, the nation\’s largest pension-fund manager, is working with Credit Suisse Group AG to arrange financing for any deal that will value the unit\’s equity ...

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Why OPEC may have to cut production eventually


The Organization of the Petroleum Exporting Countries?is not expected to cut production now, but it might have no choice later this year if oil begins to fall again, says Jasper Lawler, a market analyst at CMC Markets UK. \”While OPEC will probably stay the program in June, if oil prices are still low 6 months later at the next meeting, ...

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Gold could rally if market fears over Greece keep escalating


Gold prices haven’t budged much because of Grexit fears over the past few months, however the precious metal may still benefit from the ongoing crisis if it continues to escalate and eventually comes to a head, says Julian Jessop, economist at Capital Economics. “Initially sight the turmoil in Greece has not had much impact on the gold price, which might ...

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Newmont Mining Corp. upgraded at RBC


Newmont Mining Corp. was upgraded to outperform from sector perform at RBC Capital Markets due to improvements in the operating momentum and the disappearance of an M&A-related overhang. The Colorado-based miner acquired the Cripple Creek & Victor gold mine from AngloGold Ashanti Ltd. for US$820 million in cash earlier this week. The deal is accretive for Newmont, nevertheless its share ...

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