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Frances Horodelski
May 21 2014

Retail, retail, retail

By Frances Horodelski, Anchor
This is a day of celebration. According to the Davenport Democrat and Leader on this day in 1925, "REAL BEER IS NOW LEGALLY SOLD IN CANADA" Canada's banner province, for the first time in eight years and thirsty Americans in the border cities took full advantage of their opportunities. Border cities, notably Niagara Falls and Buffalo and Detroit were especially interested in the event". So have a cold one!
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Frances Horodelski
May 20 2014

Pomp and Circumstance

By Frances Horodelski, Anchor
The shortened week starts and Canada could play some catch up given a bit of strength in equities and weakness in bonds in global markets that traded yesterday.
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Frances Horodelski
May 16 2014

Is it the weekend yet?

By Frances Horodelski, Anchor
The names people are focused on this morning are those associated with big hedge funds or investment management companies.
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Frances Horodelski
May 15 2014

Wal-Mart, Scotia and the homesick blues

By Frances Horodelski, Anchor
Let’s start simply today. Markets are mixed. Japan down (very strong Q1 GDP a factor of consumption before tax hike); Hong Kong up for the 6th day in a row; French and German stocks generally lower; London’s FTSE100 a tick higher on firm healthcare stocks (Glaxo and AstraZeneca). GlaxoSmithKline is covered on the front pages of the Financial Times of London – “China up bribery claims heat on GSK.”
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Frances Horodelski
May 14 2014

Canada’s shifting retail landscape

By Frances Horodelski, Anchor
Sears has often felt in recent years like a hologram of a retailing enterprise (both in Canada and the U.S.) so perhaps it isn’t surprising that today’s big story is the announcement from Sears Holdings that it is exploring options for its 51% stake in Sears Canada (market value about $800 million). The changing retailing landscape in Canada will be our top story. But it won’t be the only one.
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Frances Horodelski
May 13 2014

Rotation situation: Markets hit new highs

By Frances Horodelski, Anchor
Lots of news this morning. The markets are rallying despite the economic data being less than strong.
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Frances Horodelski
May 12 2014

Let’s get this party started

By Frances Horodelski, Anchor
On average, markets don’t peak in May (before the sell in May and go away takes hold) but rather in June, but most pundits find a rhyming couplet easier to remember. How about “sell in June before the swoon?”
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Frances Horodelski
May 09 2014

The clock strikes 13

By Frances Horodelski, Anchor
Has the clock struck 13 and are there Eastern Promises? That is where we start today, stealing from two market pundits who are much more eloquent than me.
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