Canadian bond yields to be lower for longer this year
National Bank Financial Markets lowered its outlook for Canadian bond yields this year, saying weaker-than-expected economic growth will add downward pressure. The new forecast sees the two-year...
View ArticleCIBC analysts reduce bank growth forecasts as oil, economy drag
Low oil prices and continuing economic malaise are going to weigh on bank earnings more than expected, causing analysts at Canadian Imperial Bank of Commerce to reduce profit estimates. “We have bent...
View ArticleIn volatile markets, look for companies still growing their dividends: BMO
In periods of elevated market volatility, investors ought to look to stocks that are growing their dividend for stability and fortitude rather than ones with only a high yield. A monthly analysis by...
View ArticleNegative interest rates in Canada could be ‘destabilizing to investor...
More economists are weighing in on negative interest rates in Canada after the Bank of Japan became the latest central bank to adopt the experimental monetary policy last week. The Bank of Canada has...
View ArticleGold’s rise in January bodes well for commodities for rest of 2016
When the price of gold rises in January – as it did last month by 5.3 per cent – it usually means investors can expect the rest of the year to be a good one for the world’s commodities. In fact, when...
View ArticleRising food prices to weigh on Cara Operations: BMO
Rising food prices and economic instability in Western Canada have prompted one analyst to revise his estimates for restaurant company Cara Operations. In Cara’s third-quarter results reported in...
View ArticleMerus Labs stock tanks 16 per cent after acquisition
Merus Labs International Inc.’s stock sunk 16 per cent Tuesday following a $140 million deal to buy the cardiovascular drug portfolio of a Belgium speciality pharma company. The Toronto-based company...
View ArticleExpect a ‘bumpy’ 2016 for TransForce and rest of trucking industry: RBC
The Canadian trucking industry is facing a “bumpy” 2016 as a weak economy and too much capacity weigh on freight rates, according to a new analysis from RBC Capital Markets. In response, the bank...
View ArticleBill Gross sees ‘shades of 2007’ in latest investment outlook
Bond king Bill Gross has one question for central banks: ‘How’s it workin’ for ya?’ Gross, lead portfolio manager of the Janus Global Unconstrained Bond Fund, took aim Wednesday at the failure of zero...
View ArticleRenewable energy company Innergex gets upgrade on growth profile
For shares of Innergex Renewable Energy Inc., the future looks bright. Specifically, the next few years will “mark a significant change” for the independent power producer as it tries to expand beyond...
View ArticleHow to invest for retirement in volatile times
As the Feb. 29 deadline for registered retirement savings plan (RRSP) contributions approaches, self-directed plan holders continue to face a volatile stock market and confusing economic signals, from...
View ArticleCanada’s leverage to foreign portfolio investors a ‘notable vulnerability’
Canada could find it harder to raise money from foreign investors via the bond in the coming years at a time when it needs the funds most, says a new report from National Bank Financial Markets....
View ArticleAssets under management slide in January at publicly traded fund managers
The average value of assets under management at Canada’s largest publicly traded fund managers slid two per cent in January. But, as a note from analysts at CIBC World Markets points out, shares in...
View ArticleAlberta weakness and Zika virus spell turbulence for Transat: CIBC
Vacation tour operator Transat AT is facing a barrage of headwinds in 2016, putting more pressure on a company that’s already struggling to boost organic growth, according to a new analysis by CIBC. As...
View ArticleIs emerging market debt the third leg of the global financial crisis? Maybe
Emerging market debt is not yet at a level that could trigger a market crash, but it is “too soon” to sound the all clear, says Capital Economics. The idea that emerging market debt could be the next...
View ArticleAutoCanada’s stock slide is overdone, AltaCorp Capital analyst says
Investors are punishing AutoCanada Inc. for its exposure to Alberta, but the stock price decline is overdone and it may be time to buy shares of the dealership group, according to AltaCorp Capital....
View ArticleChesapeake Energy Corp denies report that it’s pursuing bankruptcy as shares...
Chesapeake Energy Corp., the second-biggest natural gas producer in the U.S., said Monday that it “has no plans to pursue bankruptcy” after a report that it had hired restructuring lawyers sent the...
View ArticleCIBC downgrades Calfrac as oil price rout set to eliminate oilfield services...
CALGARY — To survive the prolonged downturn in oilfield activity, many energy service companies are poised to cut their dividends to zero. “Despite two-thirds of our coverage universe having already...
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This market is more 2011 than 2008, say analysts, complete with ‘quite...
Financial markets have been flashing a lot of warning signs in the past month that have spooked investors and led to a flight from risk for much of this year, drawing parallels to the financial crisis...
View ArticleTV pressures trump ‘Star Wars: The Force Awakens’ for Disney shares
The success of the December movie hit “Star Wars: The Force Awakens” catapulted Walt Disney Co. to its best quarter in company history, posting record profits and attendance statistics for its theme...
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