Tag Archives: data

Cineplex Inc downgraded on weak box office data

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Despite what was considered a powerful offering of spring box office titles such as Furious 7 and Avengers: Age of Ultron, the second-quarter movie season appears to be falling lacking expectations. This prompted Canaccord Genuity to downgrade Cineplex Inc. to hold from buy and analyst Aravinda Galappatthige cut his price target around the stock to $49 from $52. Galappatthige checked ...

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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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