The global oil market is in a messy situation. Since early this year, there was an expectation that oil demand would fall as COVID-19 emerged in China. Saudi Arabia saw an opportunity to rebalance the global oil market and started an all-out production push to take market share
One of the most important lessons of dividend investing is: If the yield looks too good to be true, it probably is. When a company is paying out far more per share than its peers in the sector, it's probably because the market doesn't think it can last, and it's pricing in a cu
If you are looking for a bank stock to add to your portfolio right now with good long-term growth prospects, consider Axos Financial (NYSE: AX), the parent company of Axos Bank.
It's been nearly two months since Congress passed and the president signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. At $2.2 trillion, it's the largest relief package ever passed by Congress -- albeit it's designed to tackle a never-before-seen pro
In Statistics Canada's latest monthly domestic retail sales update, the government's official numbers cruncher revealed that cannabis sales rose by 19% on a month-over-month basis in March to $181 million Canadian (US$130 million). That gain contrasted dramatically with a relati
Many synthetic biology companies have gone all in on business models that prioritize research and development (R&D) revenue. On one hand, collaboration deals grab headlines and create hype, which can be cashed in for venture capital or goodwill with investors. On the other h
(RTTNews) - The Canadian stock market ended marginally up on Friday, after staying in negative territory for much of the session till an hour past noon.
What happened
Shares of Coty (NYSE: COTY) popped today, after the company announced its Kylie Skin products are now available in Europe. The stock closed 13% higher for the session, but had topped out at 17% higher earlier in the day.
In trading on Friday, shares of Cavco Industries Inc (Symbol: CVCO) crossed above their 200 day moving average of $184.79, changing hands as high as $187.23 per share. Cavco Industries Inc shares are currently trading up about 2.3% on the day. The chart below shows the one
Recently renewed tensions between the U.S. and China kept the Dow at bay for most of today's trading session, and the blue chip index finally settled with a shallow loss, off less than nine points on Friday. Meanwhile, the S&P 500 and Nasdaq were able to climb modestly hig
Consumer stocks were mixed in late trade, with the SPDR Consumer Staples Select Sector ETF Friday hanging on to a less than 0.1% gain this afternoon while the SPDR Consumer Discretionary Select Sector ETF was falling 0.4%.