UBS upgrades Barrick Gold on value opportunity after underperformance
Corp (NYSE:GOLD) to Buy from Neutral, raising its price target to $22 per share given the stock’s recent underperformance and a favourable long-term outlook for gold. The firm noted that Barrick ...
Piper Sandler downgrades Accolade ahead of shareholder vote
Piper Sandler downgraded Accolade Inc (NASDAQ:ACCD) to Neutral from Overweight and cut its price target to $7.03 per share, aligning with the proposed acquisition price in the company's pending sale ...
Stocks Stay Positive by Noon
Canada's main stock index recovered on Wednesday, helped by the news of U.S. President Donald Trump's administration considering reducing the stringent tariffs on Canadian and Mexican imports. The TSX ...
Oil Prices Run Losing Streak to 3 Days
Oil prices declined for a third session on Wednesday, as investors worried about OPEC+ plans to proceed with output increases ...
Toy stocks: BofA sees multiple drivers for upside
Bank of America analysts see multiple growth drivers for Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT) following the New York Toy Fair, where they attended meetings and product walk-throughs with both ...
TSX Gains on Hope of Tariff Compromise
Canada's main stock index opened with modest gains on Wednesday as investors processed the developments on tariffs and parsed through U.S. payrolls data. The TSX Composite Index regained 128.41 points ...
Southwest Continues Cost-Cutting Push
Southwest Airlines (NYSE:LUV) shares were flat in the first hour Wednesday, on word the carrier is closing two flight attendant bases amid its cost-cutting push that has also led to its first mass ...
Kenvue Adds to Board
Kenvue (NYSE:KVUE) shares pointed downward Wednesday after it settled its proxy fight with activist Starboard Value, adding three new directors to its board. Starboard’s Jeff Smith will join the board ...
A&F Stumbles on Slower Growth
Abercrombie & Fitch’s (NYSE:ANF) shares withered Wednesday, on word the company’s growth story is starting to slow down. The apparel retailer issued weaker-than-expected guidance for its current ...
USD / CAD - Canadian dollar being whip-sawed
German defence spending plans end EUR and equities soaring. - US recession risks rise. - USD opens with losses across the ...
Qualcomm Out with New, More Effective Modem
Qualcomm (NASDAQ:QCOM) shares hiked Wednesday, on word of a bright new modem. CEO Cristiano Amon told the media its latest ...
Leading Bitcoin ETF Sees Highest Trading Volume In Three Months
Trading volume on BlackRock's (BLK) leading spot Bitcoin (BTC) exchange-traded fund (ETF) has reached its highest level since the U.S. presidential election was held last November. The heavy trading ...