Canadian Imperial Bank of Commerce Earnings Report: Credit Insights
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Canadian Imperial Bank of Commerce CM reported OK results. Provisioning costs increased 6% from a quarter ago, and adjusted earnings per share of C$ 2.05 declined 7% sequentially. The trajectories of the Canadian and US economies have elevated uncertainty related […]
Royal Bank of Canada Earnings: Increased Provisions Amid…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Royal Bank of Canada RY reported slightly disappointing second-quarter results, with provisioning costs increasing 36% from a quarter ago. Adjusted earnings per share of C$ 3.12 fell 14% sequentially. This was due in large part to increased tariff-induced uncertainty in […]
Implications of the US Court Ruling on Tariffs for…
The decision by the US Court of International Trade, which invalidates the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, strikes down all of the country-specific tariff hikes implemented in 2025, which relied on IEEPA authority. This includes the 30% tariff increase on China and the 10% baseline […]
Harfang Achieves Outstanding Grades at Sky Lake Gold Project in Ontario
Harfang’s Sky Lake project area. Credit: Harfang Exploration Recent drilling by Harfang Exploration (TSXV: HAR) returned a highlight hit of 2.5 metres grading 35.6 grams gold per tonne from drilling in the Koval zone at its Sky Lake project in northwestern Ontario. That interval, in hole SLA-25-04, included 15.6 metres at 4.54 grams gold from […]
Nvidia Earnings: Increasing Fair Value Due to Export Trends
Nvidia NVDA reported fiscal first-quarter revenue of USD 44.1 billion, ahead of guidance and up 69% from the year-ago period. Second-quarter revenue guidance of USD 45 billion would represent 50% year-over-year growth. Both figures incorporate lost revenue from China due to US export controls. We’re encouraged by Nvidia’s revenue growth despite being blocked from selling […]
National Bank of Canada Reports Robust Trading Earnings
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. National Bank of Canada NA reported strong results, with trading revenue up 23% from a year ago. Adjusted net income increased 21% from a year ago, excluding the results from the recently closed Canadian Western Bank acquisition (Feb. 3). Why […]
Bank of Montreal Earnings: Rise in Provisioning
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Bank of Montreal BMO reported OK results, with adjusted EPS of C$ 2.62, up 1% from a year ago. Investors should be aware that the trajectories of the Canadian and US economies have heightened uncertainty related to tariffs. Why it […]
The Ongoing Success of This Bond Fund Continues to Draw Interest…
PIMCO Monthly Income Fund Dan Ivascyn, Alfred Murata, and Joshua Anderson work to generate competitive returns and consistent monthly payouts, which they revisit each year and adjust when appropriate. Ivascyn is Pimco’s CIO; he and Murata are past Morningstar Managers of the Year. They draw on an army of managers and analysts in groups covering […]
Manitoba Wildfires Endanger Alamos Gold Project
Alamos Gold’s Lynn Lake project in northwest Manitoba. Credit: Alamos Gold Wildfires burning near the northwestern Manitoba town of Lynn Lake have spurred Alamos Gold (TSX, NYSE: AGI) to temporarily pause operations at its nearby project, the company said. Lynn Lake ordered all residents and visitors to evacuate on Tuesday morning due to the approaching […]
Top U.S. Fund Managers Are Investing in These 3 Affordable Stocks
Susan Dziubinski: I’m Susan Dziubinski with Morningstar. Today, we’re talking about three stocks that two of the best active fund managers recently took positions in. Morningstar thinks all of these stocks look undervalued today. Top Fund Managers Are Buying These 3 Cheap Stocks Adobe ADBEGeneral Mills GIS Constellation Brands STZ The team at Diamond Hill […]