Archive for 'Stock Market'

If this is a recovery, then tech is a good place to be

A Research In Motion BlackBerry Storm is pictured in New York. LUCAS JACKSON/REUTERS $(‘#lead-photo’).hover(function() { $(‘#lead-caption’).slideDown(300); }, function() { $(‘#lead-caption’).slideUp(300); }); When it comes to recovery on the markets, few areas have posted as robust a rebound as the technology sector. Which leads to a rather obvious question: Is it too late for investors to [...]

Full Story

What’s behind the loonie’s rise?

Last week’s rosy economic outlook by the Bank of Canada – it declared the recession over – helped boost the dollar (CAD/USD-I0.940.011.07%) . Currency markets shrugged off Bank of Canada Governor Mark Carney’s caution that a high dollar could hamper the recovery, focusing instead on his comment that Canada is emerging from the recession in [...]

Full Story

Investing in Canada: 3 Top Stocks to Buy Now

I’ll say it right up front: investing in Canada is one of my top five-year investing themes. The Canadian dollar is cheap (in PPP terms) versus the U.S. dollar. Canada’s banks are strong and more conservative than ours and its government is conservative and sensible. And unlike the United States, Canada is an energy exporter. [...]

Full Story

Foreigners boost Canadian investments after two months of decline

Foreign investors increased their purchases of Canadian securities in January after two months of declines, resulting it total acquisitions of $10.4-billion, largely in the form of debt and money-market instruments, Statistics Canada reported Thursday. Canadians, for their part, increased their holdings in foreign securities for the first time in five months, adding $4.2-billion to their [...]

Full Story

Banks sweeten their dividend reinvestment plans

The idea of investing in Canadian bank shares may be too nerve-wracking for most investors to contemplate as the financial crisis drags on but the capital hungry sector is making it difficult to stay away. Thursday, the Royal Bank of Canada sweetened its dividend reinvestment plan [DRIP] by offering a 3% discount for common and [...]

Full Story

Are Bay Street’s golden days coming to an end?

When Ed Clark receives his multi-million-dollar bonus next week, the chief executive of TD Bank will face immediate pressure to return the money. Bay Street’s best-paid chieftain is being singled out by shareholders after three of his peers handed back their bonuses at a time when bank bosses around the world are being publicly shamed [...]

Full Story

How ’08 went bust

It began with a general feeling that the economy, though struggling, would be fine. Then the mortgage crisis hit. Then the bottom fell out. Now, market players are in shock. In January, there was widespread speculation that the economy could repair itself just as quickly as it had soured. The hope was that maybe the [...]

Full Story

Outgoing MPs get gold plated kiss-off

65 MPs who lost their seats or didn’t seek re-election walk away with $52.4 million in gold-plated pensions and rich severance packages if they live to age 75. Among them is defeated Liberal MP Garth Turner. Turner who left the Sun in 1988 to enter politics, lost in the 1993 election where the Tories were [...]

Full Story

The Best Place to Start Investing in Stocks: Canada’s Big 5 Banks

Investing in Banks is a great base for stock portfolio investment because of the steady cash flows they offer and there performance consistency. Banks are ‘cash cows’ as they are mature businesses with relatively slow yet consistent growth and produce steady cash flow streams through dividends. The Key features that must be considered when evaluating [...]

Full Story