Tag Archives: nbsp

Cineplex sees concession sales soar to record heights

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TORONTO – Moviegoers chowed down on more popcorn and burgers at Cineplex theatres over the winter, helping concession sales climb to record heights as audiences absorbed Hollywood hits like \”American Sniper\” and \”Fifty Shades of Grey.\” Canada\’s largest movie theatre company said Friday that average concession spending jumped 2.6 percent to $5.18 per patron as customers responded to a broader ...

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Rogers, Telus upgraded on CRTC decision

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Telus Corp. and Rogers Communications Inc. were upgraded to the equivalent of a buy rating by Scotiabank on Thursday, following a decision through the Canadian Radio-television and Telecommunications Commission that found the present wireless roaming environment “insufficient,” but opted to delay any changes to the present pricing scheme. “We feel the timing for the permanent rate might be one year ...

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Encana Corp. downgraded at RBC

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Encana Corp. was downgraded to sector perform from outperform at RBC Capital Markets, however the outlook isn’t everything bad. Analyst Greg Pardy, who also raised his price target on the stock to US$15 from US$14, noted that the Canadian energy producer has successfully refocused its portfolio for high-margin growth for the foreseeable future. However, he thinks the company’s next goal ...

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Five reasons to ignore stock market doomsayers

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The doomsayers always come out whenever stock markets have more volatile, like they have this month. These gloomy prophets continue about how derivatives are going to cause another financial crisis, or how valuations are stretched, or how equities will collapse whenever rates of interest rise. Individual investors browse the commentary by these experts and ponder whether they should adjust their ...

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U.S. oil production is declining at a faster pace

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Investors looking for a bullish case for oil will probably be pleased to hear that the downtrend in U.S. oil production is accelerating. A new forecast in the?U.S. Energy Information Administration calls for crude oil production from new wells to dip to 263,000 barrels per day (bpd) in June – the lowest level in two years. Stfane Marion, chief economist ...

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Creator of fitness-tracking band, Fitbit Inc., files for IPO

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NEW YORK — Fitbit Inc., a maker of fitness-tracking wristbands, filed for an initial public offering in Ny. The company disclosed a prospectus Thursday having a US $100 million placeholder, a sum used to calculate fees which will likely change. In December, you aren\’t knowledge of the problem said Fitbit could raise about US$150 million within an IPO. Fitbit intends ...

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Five charts that explain why the global bond market is melting down

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More than US$450 billion has been wiped out across global bond markets in the past few weeks and, for most people, there doesn’t appear to be any particular reason. Boom! Bond market implosion this big only has happened twice in 15 years Analysts the rout is a classic pain trade – an abrupt reversal that no one sees coming – ...

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Concerns about Goldcorp’s balance sheet overblown

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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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Analysts bullish on GoDaddy Inc

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A little of the lustre on GoDaddy Inc. shares has come off since its successful market debut on April 1, but analysts seem very confident that more gains are coming. The website-hosting service jumped more than 30 per cent on its first trading day, but has since retracted about five percent. RBC Capital Markets and J.P. Morgan – both underwriters ...

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Why it’s time for investors to set up a European front

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It’s pretty hard to bet from the U.S. equity market these days, but with increases of the past couple of years looking like they’ll be tougher to conquer by the day, it may be finally time for investors to make a push into Europe. The U.S. economy continues to be the best of quite a bad lot globally for the ...

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