3 Contrarian Stocks To Watch In 2019
“Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” The above quote came from John Templeton, who made a name for himself during the height […]
7 Stocks To Watch For January 10, 2019
Some of the stocks that may grab investor focus today are: KB Home KBH 4.46% reported stronger-than-expected earnings for its fourth quarter. KB Home shares surged 3.78 percent to $22.81 in the pre-market trading session. Wall Street expects SYNNEX Corporation SNX 1.77% to post quarterly earnings at $3.09 per share on revenue of $5.43 billion after the closing bell. SYNNEX […]
Cannabis retailer layoff
New Brunswick’s cannabis retailer is laying off staff, saying it has a better understanding of “operational needs” three months after the historic legalization of recreational marijuana. Cannabis NB said most of the layoffs involved people with seasonal contracts, but some are part-time or full-time employees. Spokeswoman Marie-Andree Bolduc said Thursday that despite supply challenges, operations […]
Ford shake up, job cuts
Ford Motor Co. says it is cutting jobs in Europe in a wide-ranging restructuring as it focuses on its most profitable models and shifts production towards electric cars. In a statement, the company said Thursday that “structural cost improvements will be supported by a reduction of surplus labour,” both hourly and salaried. The Dearborn, Michigan-based […]
Millions to clear backlog
The arms-length agency that processes refugee claims in Canada estimated it would need twice as much money as it will ultimately receive to significantly tackle a major backlog in asylum claims, caused in part from an influx of irregular migrants. Documents obtained under access-to-information law show the Immigration and Refugee Board drafted costing estimates in […]
Cabinet shuffle Monday
Prime Minister Justin Trudeau will shuffle his cabinet Monday to deal with the resignation of Treasury Board President Scott Brison, he said in a news conference Thursday. Brison announced Thursday morning that he won’t seek re-election this fall because he wants to spend more time with his family. He’ll said he’ll quit the cabinet before […]