Canadian Communications & Media Stocks

September 11, 2019

It appears that anybody who doesn’t like the idea of negative interest rates is an enemy of the people: U.S. President Donald Trump on Wednesday called on the “boneheads” at the Federal Reserve to push interest rates down into negative territory, a move reluctantly used by other world central ...

DHX Media price target cut at Echelon Wealth

A DHX Media (DHX Media Stock Quote, Chart TSX:DHX) price target cut comes with a silver lining from Echelon Wealth Partners analyst Rob Goff. Heightened competition in the streaming market is increasing the value of content, which bodes well for children and family entertainment company DHX Media , ...

Rogers Communications stock is not a buy, this portfolio manager says

Rogers Communications (Rogers Communications Stock Quote, Chart, News TSX:RCI.B) is in negative territory for the year, with the stock currently on a month-long slump. But even with its share price looking cheaper, there are better options in the telecom space, says fund manager Michael Sprung. “ ...

Tech Talk for Wednesday September 4th 2019

Pre-opening Comments for Wednesday September 4th U.S. equity index futures moved higher this morning. S&P 500 futures were up 25 points in pre-opening trade. Index futures responded to news that the extradition bill in Hong Kong has been withdrawn. The Hang Seng Index gained 3.9% in overnight trade ...

theScore looks overbought, this portfolio manager says

  With a new deal to enter the online sports betting market in New Jersey, investors are placing their bets on theScore (theScore Stock Quote, Chart, News TSXV:SCR), but if you haven’t already got in on the action, you may be too late, says Keith Richards of ValueTrend Wealth Management, who say ...

Tech Talk for Friday August 30th 2019

Pre-opening Comments for Friday August 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for July Personal Income was an increase of ...

Tech Talk for Wednesday August 28th 2019

Pre-opening Comments for Wednesday August 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points in pre-opening trade. Autodesk dropped $18.21 to $132.00 after lowering third quarter guidance. Hewlett Packard Enterprises added $0.50 to $13.43 after reporting h ...

Take your profit on BCE, this investor says

BCE (BCE Stock Quote, Chart, News TSX:BCE) has had a nice little run so far in 2019, but there are signs that further upside might not be in the cards. So says David Cockfield of Northland Wealth, who warns that more bad news on the economic front could spell trouble for the markets. Canadian telec ...

August 21, 2019

There was good news for Poloz in today’s inflation numbers: The Canadian dollar strengthened against its U.S. counterpart on Wednesday, recovering from a two-month low it hit the previous day after stronger-than-expected domestic inflation data, but earlier gains were capped as the greenback rall ...

theScore gets another price target raise at Echelon Wealth

With the announcement last Friday of its entry into online sports betting in the state of New Jersey, Toronto-based media company theScore (theScore Stock Quote, Chart, News TSXV:SCR) has received another price target raise from Echelon Wealth Partners analyst Rob Goff, who says the announcement gi ...