BayStreet.ca

BayStreet.ca Media Corp, established in May 1998, is a prominent online publisher in Canada. It provides original, relevant, and thought-provoking commentary, analysis, and opinions designed to assist investors in making well-informed investment choices.

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TSX Keeps Rolling

2 days ago | baystreet.ca | Glenn Wilkins

Canada's main stock index ran their win streak to seven straight sessions, as investors took in signals from ongoing trade developments. The TSX Composite Index galloped 75.59 points by the closing bell to 25,629.45 The Canadian dollar subtracted 0.23 cents at 71.54 cents U.S. Industrials powered this upward mobility, as Finning International captured three dollars, or 6.2%, to $51.31, while Canadian Pacific Kansas City traveled farther $4.55, or 4.2%, to $114.00.
Almadex, NTG, Titan at 52-Week Highs on News

2 days ago | baystreet.ca | Glenn Wilkins

Almadex Minerals Ltd. (V.DEX) hit a new 52-week high of 31 cents Wednesday. Almadex provided an update on recent exploration activity at its porphyry lithocap target on the Paradise Project, Nevada which has helped vector towards a potential porphyry core. NTG Clarity Networks Inc. (V.NCI) hit a new 52-week high of $2.31 Wednesday. NTG has received new purchase orders and contract renewals totaling approximately $12.5M CAD from existing and new customers.
Stocks Fall at Open

2 days ago | baystreet.ca | Glenn Wilkins

Canada's main stock index opened subdued on Wednesday as investors focused on trade developments after a strong start to the week, influenced by soft U.S. inflation and Washington's trade truce with China. The TSX Composite Index deleted 41.77 points to begin the mid-week session at 25,575.09 The Canadian dollar subtracted 0.13 cents at 71.64 cents U.S. ON BAYSTREET The TSX Venture Exchange dipped 2.5 points to 663.32.
Quantum Sprints on Hookup with Chilean Network

2 days ago | baystreet.ca | Glenn Wilkins

Quantum Corporation (NASDAQ: QMCO) today announced that Canal 13, a major Chilean broadcaster known for its news, sports, and entertainment programming, has deployed a fully integrated content storage and management solution built on Quantum’s Myriad® with ActiveScale®.
Wells Fargo Jumps on Proposed Share Redemption

2 days ago | baystreet.ca | Glenn Wilkins

Wells Fargo & Company (NYSE: WFC) today announced that on June 15, it will redeem all 80,000 outstanding shares of its 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U. The redemption of the Redeemed Series U Preferred Shares will trigger the redemption of the 2,000,000 outstanding shares of the related depositary shares each representing a 1/25 interest in a share of Series U Preferred Stock.
Futures Flat After Six-Day Rally

2 days ago | baystreet.ca | Glenn Wilkins

Futures for Canada's main stock index were subdued on Wednesday after a strong rally, fueled by easing global trade tensions and soft U.S. inflation data, as investors look forward to further developments in trade deals. Markets in this country rose on Tuesday for a sixth straight session, as cooler-than-expected U.S. inflation data fueled positive investor sentiment amid the easing of trade tensions.
TSX Continues Streak

3 days ago | baystreet.ca | Glenn Wilkins

Canada's main stock index continued its upward progress on Tuesday, led by gains in energy stocks, as investors assessed U.S. inflation data and its impact on monetary policy outlook. The TSX Composite Index gained 84.68 points to close Tuesday at 25,616.86 The Canadian dollar added 0.21 cents at 71.77 cents U.S. In corporate news, WonderFi gained nine cents, or 35.3%, to 34 cents after retail trading platform Robinhood said it will buy the Canadian crypto firm for $250 million.
S&P Erases Losses Year-to-Date

3 days ago | baystreet.ca | Glenn Wilkins

Advertisment The S&P 500 rose Tuesday, clawing back into positive territory for the year, as investors extended the sharp gains seen in the previous session due to easing U.S.-China trade tensions. The Dow Jones Industrials lost 151.31 points Tuesday, at 42,258.59, as a 16% drop in UnitedHealth pressured the benchmark. The much-broader index gained 50.38 points to 5,894.57.
Mogo at 52-Week High on News

3 days ago | baystreet.ca | Glenn Wilkins

Mogo Inc. (T.MOGO) hit a new 52-week high of $3.03 Tuesday. Mogo announced that its portfolio company, WonderFi Technologies Inc., has entered into a definitive agreement with Robinhood Markets, Inc. and a wholly owned subsidiary of Robinhood. Pursuant to the Arrangement Agreement, the Purchaser will acquire all of the issued and outstanding common shares of WonderFi for C$0.36 per Common Share. Algoma Central Corporation (T.ALC) hit a new 52-week high of $15.84 Tuesday. No news stories today.
Stocks Look to Extend Streak

3 days ago | baystreet.ca | Glenn Wilkins

Advertisment The S&P 500 was little changed Tuesday following a big rally, as investors digested a softer-than-expected inflation report and looked to build on the sharp gains seen in the previous session. The Dow Jones Industrials lost 117.48 points, after soaring to dizzy heights Monday, falling to 42,292.62 The much-broader index gained 36.23 points to 5,880.42.