Steve Anderson

5 days ago | tipranks.com | Steve Anderson

Though the earnings report that came out of Canadian airline Air Canada (TSE:AC) was not exactly a big win, and annual adjusted core profit forecasts were lowered accordingly, investors were still very, very much on board. Sufficiently on board, in fact, to send shares skyrocketing, up over 13.5% in Friday morning’s trading. Air Canada took its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) forecast down to between C$3.2 billion and C$3.6 billion.

6 days ago | tipranks.com | Steve Anderson

Changes are afoot at communications giant Comcast (CMCSA), as its plan to spin off its cable channels is not only going full steam, but it also has a new name: Versant. The new property will contain a range of cable networks under its umbrella, and even has a strategy for handling sports. All this together was welcome enough for shareholders, who sent shares up fractionally in Thursday afternoon’s trading.

6 days ago | tipranks.com | Steve Anderson

The leading cryptocurrency exchange around, Coinbase (COIN) recently made a move that is catching a lot of attention, particularly among investors. Coinbase announced plans to shell out $2.9 billion to pick up Deribit, a Dubai-based operation that serves as an exchange for cryptocurrency derivatives. With one more function under its umbrella, investors bought in, and hard, sending shares up over 6% in Thursday afternoon’s trading.

6 days ago | tipranks.com | Steve Anderson

Things were not perfect at Canadian retail giant Canadian Tire (TSE:CTC.A), but in many ways, they came out better than expected. Canadian Tire declared its earnings just recently, and managed to duck the worst of the impact from tariffs. Investors were pretty happy about the whole situation, and sent shares shooting up over 4% in Thursday morning’s trading. Canadian Tire reported that net income attributable to shareho9lders was down, and significantly, from a year prior.

1 week ago | blog.tipranks.com | Steve Anderson

It seems chip stock Intel ($INTC) might owe a debt of gratitude to former CEO Pat Gelsinger, as the 18A process he started—regarded by some as a “bet-the-company” initiative—is actually starting to bear fruit. Indeed, reports note that Microsoft ($MSFT) has signed a “decisive contract” with Intel on this one, and more interest is coming in. That was enough for shareholders, who sent shares up over 3.5% in Thursday afternoon’s trading.