Balanced Fund Investors Shift Towards Affordable Global Opportunities
Canadian balanced fund investors prefer cheap global funds, according to Morningstar’s latest Canadian Balanced Funds Landscape report. Such strategies captured most of the balanced fund inflows over the past five years. Balanced funds are changing, though; alternative strategies appeared in nearly one out of every three at the end of 2024. Investors need to pay […]
CIBC Earnings: Improved Provisioning and Robust…
Key Morningstar Metrics for Canadian Imperial Bank of Commerce What We Thought of Canadian Imperial Bank of Commerce’s Earnings Canadian Imperial Bank of Commerce CM reported decent fiscal first-quarter earnings that were largely in line with our expectations, with strong trading results and net interest income growth helping lift total revenue. Adjusted net income increased […]
CFPB Withdraws Significant Lawsuit Against Capital One: NPR
The CFPB drops a major lawsuit against Capital One : NPR Jonathan McKernan, nominee for Director of the Consumer Financial Protection Bureau, testifies before the Senate Banking Committee on Thursday in Washington, D.C. Kayla Bartkowski/Getty Images/Getty Images North America hide caption toggle caption Kayla Bartkowski/Getty Images/Getty Images North America The Consumer Financial Protection Bureau on […]
The Top 3 Overlooked Canadian Stocks with Great Potential
A tough market has dragged down several Canadian stocks that were already struggling, pushing some into deep value territory. Over the past year, cannabis firm Curaleaf CURA has lost nearly 75%, miner Lithium Americas LAC 30%, and recreational vehicle maker Bombardier Recreational Products DOO 35%. These three undervalued stocks are now in 5-star territory, as the […]
Liberty Gold Initiates 2028 Development Timeline for Black Pine Under Idaho’s New SPEED Act
The October prefeasibility on Black Pine shows total output of 2.2 million oz. of gold over 17 years. Credit: Henry Lazenby Liberty Gold (TSX: LGD) has sent in its draft mine plan and signed an interagency memorandum of understanding, starting the countdown to a 2028 construction start for the Black Pine project in southern Idaho. […]
Toronto-Dominion Bank Reports Solid Earnings Results
Key Morningstar Metrics for Toronto-Dominion Bank What We Thought of Toronto-Dominion Bank’s Earnings Toronto-Dominion Bank TD reported solid earnings in line with our expectations, with net revenue increasing 2% to C$14 billion. Meanwhile, diluted earnings per share were flat at C$1.55, which translated to a return on equity of 10.1%. Why it matters: Like its […]
AEC Collaborates with Stryk Global Diplomacy to Enhance U.S. Involvement in Africa’s Oil and Gas Industry
AEC Partners with Stryk Global Diplomacy to Bolster U.S. Engagement in Africa’s Oil & Gas Sector The African Energy Chamber (AEC) – representing the voice of the African energy sector – has enlisted international consulting firm Stryk Global Diplomacy (SGD) to support oil and gas engagement between the U.S. and Africa. This collaboration will not […]
Post-Earnings: Should You Buy, Sell, or Hold Coinbase Stock?
Coinbase Global COIN released its fourth-quarter earnings report on Feb. 13. Here’s Morningstar’s take on Coinbase’s earnings and stock. What We Thought of Coinbase Global’s Earnings As shown by impressive trading revenue results in the fourth quarter, Coinbase’s USDC business was a major success story in 2024. Recovering from its Silicon Valley Bank lows, the […]
VERSES® Appoints Public Market Veteran James Christodoulou
VERSES AI Inc. announced James Christodoulou as its new Chief Financial Officer. He brings extensive C-level experience from various sectors, including FINTECH and renewables. Former CFO Kevin Wilson will transition to Executive Vice President – Finance and Accounting. Christodoulou previously held leadership roles at major companies, including a critical position at Exodus Movement, where he […]
Berkshire Hathaway Earnings: Insights on Insurance Underwriting Performance
What We Thought of Berkshire Hathaway’s Earnings Berkshire Hathaway BRK.A/BRK.B reported adjusted fourth-quarter operating results that were in our range of expectations. We are leaving our fair value estimates of $700,000 per Class A share and $467 per Class B share in place. Revenue, including unrealized and realized gains/losses from investment portfolios, declined 22.1% to […]