Daily News

Source: Financialpost March 13, 2023

Cocaine, Mongolian coal mines and the checkered path of a Vancouver-area penny stock

Adastra Labs has a Health Canada licence to possess, produce, package and sell cocaine, but not to anyone With its mountains, beaches and movie-star good looks, Vancouver is a world-class urban jewel, despite having been home to a historical bi...

Source: Financialpost March 13, 2023

Flair Airlines says some flights cancelled after four aircraft seized in 'commercial dispute'

Airline says seizures were 'extreme and unusual actions' for falling behind on its leases and payment has been initiated Passengers travelling with Flair Airlines were “impacted” on Saturday after four of its leased aircraft were seized in Toro...

Source: Financialpost March 12, 2023

Kevin Carmichael: 'Robust' job numbers raise odds Bank of Canada will hike again

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 Headwinds from ag...

Source: Financialpost March 12, 2023

From Santa Clara to Shoreditch, SVB Fallout Spreads Around World

The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world. (Bloomberg) — The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world.  THIS CONTENT IS RESERVED FOR SUBS...

Source: BNN Bloomberg March 11, 2023

Wall Street shuns risk as bank jitters hit trading

A renewed bout of volatility rattled markets around the world as SVB Financial Group’s turmoil spurred concern about the next shoe to drop at a time when the Federal Reserve is deploying its most-aggressive tightening campaign in a generation. Not even rem...

Source: BNN Bloomberg March 11, 2023

​Canada's mutual fund industry leaves investors in the dark: Dale Jackson

An Ontario Court judge has ruled two Canadian mutual fund companies acted negligently by allowing big investors to make improper trades in some of their funds. The victims are the small investors in the funds who had no idea it was happening.   CI Mutual Fu...

Source: BNN Bloomberg March 11, 2023

TSX today: Index down amid losses in financial stocks

Canada's main stock index was down in late-morning trading, led lower by losses in the financial sector, while U.S. stock markets were up on the final day of the trading week. The S&P/TSX Composite Index was down 89.05 points, or 0.44 per cent, at 19,997.6...

Market Call Source: BNN Bloomberg March 11, 2023

Brianne Gardner's Top Picks: March 10, 2023

Brianne Gardner, senior wealth manager, Velocity Investment Partners, Raymond James FOCUS: North American large-cap stocks  MARKET OUTLOOK: Given current conditions, we believe markets are acting predictably. Markets were in overbought territory at...

Source: BNN Bloomberg March 11, 2023

Travel stocks: Three hot picks from Michael Bellisario

Demand for travel has largely rebounded since the pandemic, but one analyst said international travel, cross-border travel and China’s reopening are yet to fully recover. Speaking with BNN Bloomberg’s Paul Bagnell on Friday, Michael Bellisario, a senior re...

Source: BNN Bloomberg March 11, 2023

The Week Ahead: Earnings from Alimentation Couche-Tard, Power Corp of Canada

Monday, March 13 Notable data: National Balance Sheet Accounts Notable earnings: Ivanhoe Mines, McEwen Mining Tuesday, March 14 Notable data: Construction Investment, Manufacturing Sales & Orders, U.S. NFIB Small Business Economic Trends Su...