Daily News

Source: Financialpost November 17, 2022

Come from away: Ukrainian refugees help Newfoundland and Labrador companies soar

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Province home to...

Source: BNN Bloomberg November 16, 2022

U.S. stocks, bonds rally with inflation data in focus

U.S. stocks rose as fresh data added to evidence inflation may have peaked, strengthening the case for the Federal Reserve to moderate its pace of interest-rate hikes. Treasuries also ended Tuesday higher while the dollar fell. Sign up to get breaking n...

Source: BNN Bloomberg November 16, 2022

Wall Street ETF gets US$211M mystery inflow, most since 2008

Seemingly out of nowhere, an exchange-traded fund tracking the fortunes of Wall Street has been lavished with its largest inflow since February 2008.  After months with barely any capital moving in or out, the iShares U.S. Broker-Dealers & Securities Excha...

Source: BNN Bloomberg November 16, 2022

Michael Burry stake in QVC owner spurs biggest jump since 2019

QVC parent Qurate Retail Inc. rallied the most in three years after Michael Burry’s Scion Asset Management LLC reported a new stake in the home-shopping channel owner. Sign up to get breaking news email alerts sent directly to your inbox The stock...

Source: BNN Bloomberg November 16, 2022

Amid economic uncertainty, many young investors look to add GICs to their portfolios

As the stock market gyrates and a possible recession looms, many young investors may be looking to rethink their investment portfolios. Financial planners are seeing more generation Z and millennials add guaranteed investment certificates (GIC) to their po...

Market Call Source: BNN Bloomberg November 16, 2022

Mike Philbrick's Top Picks: November 15, 2022

Mike Philbrick, chief executive officer, ReSolve Asset Management FOCUS: Exchange-traded funds  MARKET OUTLOOK: Creating value in an era of inflation volatility: Liquidity, growth and inflation greatly inform whether specific asset classes will...

Source: BNN Bloomberg November 16, 2022

World Cup stock bets include shorting the losers

There is a way for stock investors to make money off the World Cup, the global soccer tournament starting later this month. It includes correctly predicting surprise defeats for major Western European nations and shorting small-cap stocks from those countr...

Source: BNN Bloomberg November 16, 2022

TSX today: Index up 0.58% in late-morning trading amid strength in technology stocks

Strength in the technology sector helped Canada's main stock index rise more than 100 points in late-morning trading, while U.S. stock markets also climbed higher. The S&P/TSX Composite Index was up 116.37 points, or 0.58 per cent, at 20,038.18. Sign...

Source: BNN Bloomberg November 16, 2022

Investors ask Canada to reverse inflation-linked bond freeze

The Canadian Bond Investors’ Association, which represents managers of over $1.2 trillion (US$900 billion) of assets, is asking Canada’s finance department to reverse its decision to cease the issuance of inflation-linked bonds. Sign up to get breaking...

Source: Financialpost November 16, 2022

U.S. military in talks with Canadian miners for key minerals as rivalry with China grows

One of the projects on the Americans' radar is northern Ontario's Ring of Fire The United States military is talking to Canadian miners about potentially funding some critical minerals projects in Canada, the latest evidence of President Joe Bi...