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TSX opens higher on economic recovery hopes

6 years 4 months ago
Canada's main stock index opened higher on Wednesday, as signs of more stimulus and improving economic data lifted hopes of a sooner-than-expected recovery from the coronavirus-led recession.

Strong Retail Sales Bring Third Day of Gains

6 years 4 months ago
Stocks rose about 2% on Tuesday as three pieces of positive news helped the market to a third day of gains since last Thursday’s epic pullback. The biggest impact probably came from retail sales, which soared 17.7% in May. Analysts were already expecting a hefty rebound fro

3 Apparel Stocks Poised for a Bull Run

6 years 4 months ago
A few months ago, buying brick-and-mortar apparel stocks might have seemed like a high-risk endeavor. April retail sales were down 16%, with clothing and accessories down 89%, according to data from the U.S. Census Bureau. But with stores starting to reopen across the country,

Better Buy: Beyond Meat vs. Restaurant Brands International

6 years 4 months ago
Everybody enjoys a hearty meal, and the food and beverage industry remains an essential pillar of the economy. There is a wide variety of choice when it comes to meals, but recent shifts in lifestyle habits and beliefs have led to a new movement -- that of plant-based diets. Bey

Market in a Risk Tug of War

6 years 4 months ago
Market bulls remained in charge in early European dealing with US stick index and other risk assets higher as concerns over coronavirus began to fade on hopes of more efficacious treatment for most severe cases.

How COVID-19 Has Redefined What Investors Want

6 years 4 months ago
The coronavirus pandemic has changed the way we work, play, and invest. Working from home is the new normal. Outdoor walks, at a safe distance from family and friends, have replaced sporting events, happy hours, and backyard barbecues. And investing has evolved, too, as more inv

Breakingviews - Hadas: Virus debt will leave toxic residue

6 years 4 months ago
LONDON (Reuters Breakingviews) - Covid-19 is hitting United Airlines very hard. The Chicago-based carrier says it is burning through $40 million a day. Fortunately, it can borrow enough money to keep on flying some of its planes. On Monday, United announced that it had r

SVB Financial Group Reaches Analyst Target Price

6 years 4 months ago
In recent trading, shares of SVB Financial Group (Symbol: SIVB) have crossed above the average analyst 12-month target price of $218.71, changing hands for $221.81/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade

TWOU Crosses Above Average Analyst Target

6 years 4 months ago
In recent trading, shares of 2U Inc (Symbol: TWOU) have crossed above the average analyst 12-month target price of $33.88, changing hands for $35.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

IQ Crosses Above Average Analyst Target

6 years 4 months ago
In recent trading, shares of iQIYI Inc (Symbol: IQ) have crossed above the average analyst 12-month target price of $22.47, changing hands for $24.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

ASGN Crosses Above Average Analyst Target

6 years 4 months ago
In recent trading, shares of ASGN Inc (Symbol: ASGN) have crossed above the average analyst 12-month target price of $62.43, changing hands for $63.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation

Better Coronavirus Stock: Regeneron or Gilead Sciences?

6 years 4 months ago
Though much attention has been paid to the development of a coronavirus vaccine in the past weeks, companies that are focused on treatments are also making rapid progress. Regeneron Pharmaceuticals (NASDAQ: REGN) is working on two efforts: an antibody cocktail and the repurposin
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