Search site Search ticker symbol

Are you looking for a stock?

Try one of these

Latest Blog Entries

Filter by Author Sector
Frances Horodelski
Aug 21 2014

Fed fatigue

By Frances Horodelski, Anchor
Today’s BNN line-up includes CEOs from Exchange Income Corporation, BuildDirect, Whooshh Innovations and Caldwell Investment Management. Our shows will also focus on the opportunities and expectations for the Canadian banking sector as Royal Bank kicks off reporting season tomorrow as well as our ongoing plethora of investment ideas.
Filed in: U.S. » Continue Reading
Frances Horodelski
Aug 20 2014

Buy the rumour, sell the news?

By Frances Horodelski, Anchor
In today’s news we have another group of retailers reporting with Lowe’s reporting a slight beat and affirming its outlook but lowering its same store sales outlook to 3.5% from 4%, although the street is already at 3.4%. Staples also reported a modest beat although same store sales were -5% versus an estimate of -3.3%. Target reported results that misses slightly, but more importantly the company dropped third quarter expectations by about 25-40% to 40-50 cents from the street’s 66 cents (ouch).
Filed in: Retail » Continue Reading
Frances Horodelski
Aug 19 2014

Keep your eyes on the prize

By Frances Horodelski, Anchor
The day has started with a bang. Equity markets are higher today pretty much everywhere (those quirky Italian traders however are seeing a bit of red) while Home Depot kicked off the week’s reporting season with a decent beat ($1.52 vs $1.45) and raised its January 2015 outlook to $4.53 (above the highest estimate on the street of $4.50). The stock is higher by 3%. BHP has provided details on its spin-off plans with a new company that will hold its “unwanted” assets including its aluminum, coal, manganese, nickel and silver assets. The new company will be listed on the ASX.
Filed in: Canadian » Continue Reading
Frances Horodelski
Aug 18 2014

Back to the real world (soon)

By Frances Horodelski, Anchor
The agenda this week will focus on a number of economic data points (in the U.S., CPI and housing data tomorrow and inflation and retail sales in Canada on Friday). More importantly maybe are the flash PMIs (Thursday) and even more important than that, Janet Yellen’s key note address at Jackson Hole on Friday morning and Mario Draghi in the afternoon (Ben Bernanke who did not show up at Jackson Hole last year, won’t be there this year either but will be speaking at a drugstore-chain exposition on Saturday!). We also get Federal Open Market Committee meeting minutes on Wednesday.
Filed in: » Continue Reading
Frances Horodelski
Aug 15 2014

Looking at where big money is going

By Frances Horodelski, Anchor
There are a lot of other stories to consider such as BHP-Billiton potentially considering a de-merger (what does this mean for the company’s Potash intentions. BHP reports next week). Blackberry smartphone sales jumped 15% in the latest period. Of 301 million phones sold in the second quarter, Blackberry sold 1.5 million.
Filed in: Investing Ideas » Continue Reading
Frances Horodelski
Aug 14 2014

Keep nimble and focused

By Frances Horodelski, Anchor
Here’s the news focus today. German 10-year bonds slipped a tick below a 1% yield this morning (an historic low) as traders focused on the softening economic trends across the regions. The region posted 0% growth in the quarter versus the first quarter while Germany saw activity contract (-0.2%).
Filed in: International » Continue Reading
Frances Horodelski
Aug 13 2014

What's working, and what's not?

By Frances Horodelski, Anchor
What’s on the calendar at BNN today? Well, the earnings parade continues with these companies reporting this morning – Deere, Macy’s, Onex, CAE, Metro, plus energy companies Crescent Point, Bankers, Transglobe (the worst performing energy stock in the TSX composite) and InterOil. After the close, Sea World, Cisco, and K-Bro Linens. From last night report, King Digital was down 22% while Seaworld isn’t doing particularly well either down 13% this morning. On the other hand Canadian Solar and FuelCell Energy are both up more than 5%. Deere is down on its revenue miss.
Filed in: Investing Ideas » Continue Reading
Frances Horodelski
Aug 12 2014

O Captain! My Captain!

By Frances Horodelski, Anchor
The economic calendar is very light. Traders note however that maybe the most important week of the second half will be next week with the minutes from the last FOMC meeting and similar notes from the last BOE meeting, flash manufacturing PMIs (again?) plus the agenda for the Fed gabfest at Jackson Hole will be released on August 21st (the meeting is August 21 through 23). The earnings calendar continues to thin although we have Cascades (miss), Rona, American Apparel and Fossil before the bell. Tomorrow is a more interesting day with Deere, Cisco, Macy’s, CAE and Aimia.
Filed in: U.S. » Continue Reading

Blog Archive

Blog Authors

CTV.ca CTV Two CTV News CTV News Channel BNN - Business News Network CP24