What’s next for Tesla? Joining the S&P, says one analyst
Macquarie is expecting the electric car maker to show consistent profitability from the second quarter of 2019 Tesla Inc. “checks all the boxes” except for one important one for inclusion in the S&P 500 index, Macquarie Research said Thursday, boosting the Silicon Valley car maker’s shares on a mixed day for the stock market. Even […]
Dropbox earnings handily beat expectations, stock gains in late trading
Dropbox beats earnings and revenue expectations for third quarter as a public company Dropbox Inc. earned more cash from each user and grew its paying-customer base in the third quarter, according to a Thursday earnings report, as the company continued to narrow its losses and grow sales faster than Wall Street’s expectations. Shares of Dropbox […]
Facebook adds dating
Mark Zuckerberg is ready to play matchmaker for Canadians. His company Facebook Inc. will aim to make its social media platform’s users more than just friends with a new dating feature that will mark its North American launch in Canada on Thursday. Facebook Dating, which was previously piloted in Colombia, operates with users creating profiles […]
Canadian Tire profit up
Canadian Tire Corp. Ltd. raised its dividend as the retailer reported its third-quarter profit and sales grew compared with a year ago. The company says it’s increasing its quarterly dividend to $1.0375 per share compared with its earlier quarterly payment to shareholders of 90 cents. The improvement came as Canadian Tire says it earned $231.3 […]
Flair goes international
A low-fare airline that got its start in Kelowna has now gone international. Flair Airlines launched its first U.S.-bound flight today, from Edmonton to Las Vegas. The flight, according to company officials, was sold out. “Today is a momentous day in our history as it the first of our multiple new trans-border services,” said executive […]
Top phishing targets
The Canadian Imperial Bank of Commerce is one of the most commonly targeted brands used by cyberthieves in phishing attacks across North America, with a more than 600 per cent surge in fake email attempts in the third quarter, according to analysis by an email security firm. Vade Secure’s research shows that during that period […]