Day: June 4, 2019

Stocks to Watch: Eyes on Fifth Third Bancorp (FITB), Genuine Parts Company (GPC)

The price of Fifth Third Bancorp (NASDAQ:FITB) went down by $-0.39 now trading at $26.5. Their shares witnessed a 19.8% increase from the 52-week low price of $22.12 they recorded on 2018-12-26. Even though it is still -20.79% behind the $32.01 high touched on 2018-06-07. The last few days have been rough for the stock, […]

Auto sales continue slide

DesRosiers Automotive Consultants Inc. says light vehicle sales fell an estimated 5.9 per cent in May from a year earlier as a downward trend in Canadian auto sales continued. The automotive consultant says light vehicle sales totalled about 202,800 for the month, down from 215,407 a year earlier. The dip in May marked the 15th […]

De Havilland brand to fly again after sale by Bombardier

Toronto’s Downsview plant to continue production of Q series under new owners Longview The De Havilland brand will take flight once again, as its parent company announced the re-launch of the Dash 8 aircraft program following its newly minted purchase from Bombardier Inc. Longview Aviation Capital Corp. unveiled the de Havilland Aircraft of Canada Ltd., […]

Next-gen cannabis coming

The Canadian market for next-generation cannabis products is worth an estimated $2.7 billion annually, with edibles contributing more than half, according to a new report from Deloitte. This spending once the final edible pot regulations roll out in the coming months is expected to be on top of the roughly $6-billion estimated domestic market for […]

Another pipeline setback

A court ruling in Minnesota that could further delay Enbridge Inc.’s Line 3 oil pipeline replacement project spells more bad news for Canadian oilfield workers, says the CEO of the Petroleum Services Association of Canada. Investor confidence in Western Canada’s oil industry is at a low ebb and that has resulted in less producer spending […]

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