Day: August 16, 2017

Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope… If nothing else, New York-based securities broker-dealer Drexel Hamilton deserves points for loyalty. Five months ago, Drexel played a... Read More

Canada’s benchmark index looked set to open higher on Wednesday after oil prices returned to the positive territory, following good news from the American Petroleum Institute (API). Action Economics said the weekly API report showed U.S. crude inventories declined by 9.2 million barrels in the week to Aug. 11, much bigger than the Reuters median forecast for a 3.1 million... Read More

The TSX is up 57 points this morning, with all sectors positive. The biggest gainers so far are miners and energy, up 2.11% and 0.53% respectively. Crude oil is now trading at US$47.70, 0.32% higher than Tuesday. The weekly API report showed U.S. crude inventories declined by 9.2 million barrels in the week to Aug. 11. Meanwhile, gold is under... Read More

Pan American Silver Corp. ( PAAS ) will begin trading ex-dividend on August 17, 2017. A cash dividend payment of $0.025 per share is scheduled to be paid on September 01, 2017. Shareholders who purchased PAAS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PAAS has paid the same dividend.... Read More

2016-2017 has been a great time to invest in military stocks. Over the past year, the five biggest defense stocks have averaged returns of more than 37% — and have become a whole lot more expensive. Military Stock Trailing-12-Month Stock Performance Dividend Yield Total Return Boeing (NYSE: BA) 76.2% 2.4% 78.6% General Dynamics (NYSE: GD) 32.8% 1.7% 34.5% Northrop Grumman... Read More

At first glance, MoviePass seems like an offer that’s great for moviegoers, and perhaps theater owners, but terrible for the company offering it. For $9.95 a month, MoviePass offers members one ticket a day to any regular (not 3D or IMAX) movie; the company says MoviePass is available in more than 91% of U.S. theaters. In theory, that means a... Read More

U.S. stock futures were trading significantly higher in step with European equities amid reports that the European Central Bank will maintain monetary accommodation, and as risk aversion continues to dissipate across global bourses. Dow futures are off their early morning highs, but indicate a 50 point gain at the cash market open. Euro-zone bourses were driven higher early this morning... Read More

It’s deja vu all over again for Shake Shack (NYSE: SHAK) . For the second time in a row, the better burger chain is reporting lower same-store sales, and while management wants you to ignore the drop because of the company’s low base of restaurants to compare growth to, that’s not even the worst part of the report or why... Read More

The Trade Desk, Inc. (NASDAQ: TTD) may not a household name among investors, but it has exhibited impressive results during its short stint as a public entity. For the uninitiated, the company uses artificial intelligence and big data to help advertising agencies precisely target audiences with the most relevant and highest performing ads, while selecting the best channels to reach... Read More

Microchip Technology Incorporated ( MCHP ) will begin trading ex-dividend on August 17, 2017. A cash dividend payment of $0.362 per share is scheduled to be paid on September 05, 2017. Shareholders who purchased MCHP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.14% increase over prior dividend payment. At the current stock... Read More