Two Stock Sectors That May Be Most Impacted by…
Most of the discussion about the federal elections happening April 28 has concerned how the winner will handle US President Donald Trump’s trade war on Canada. But there are other issues that could ripple through to key corners of the stock market. There is little doubt that whichever party comes to power, its first order […]
Calibre Soars to 13-Year Peak Following Enhanced Offer from Equinox
Shares of Calibre Mining (TSX: CXB) soared their highest price in 13 years after Equinox Gold (TSX: EQX) (NYSE American: EQX) sweetened its takeover offer right before shareholders were set to vote on the deal. Under an amended agreement announced April 23, Equinox will now offer 0.35 of its common stock for each Calibre share, giving […]
Rogers Earnings: Sustaining Positive Momentum…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Rogers’ RCI.B flat service revenue across its wireless and wireline businesses compared with last year highlighted Canada’s challenging environment, but the firm still increased adjusted EBITDA by 2% on expanding margins in both wireless and wireline. Why it matters: Between […]
Newmont Earnings: Boosted by Rising Gold Prices
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Newmont’s NEM 2025 first-quarter adjusted EBITDA of USD 2.6 billion is 55% up on the same quarter of 2024. A 41% higher realized gold price more than offsets 10% lower volumes and a 5% increase in unit cash costs. Why […]
Stellantis: Revision of US Import Tariffs Adjusted Downward
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Despite continued US import tariff uncertainty looming over European automakers, we update our fair value estimates to reflect the average of several tariff outcomes. We also revise some of our long-term assumptions for Stellantis STLA as we roll our model […]
Atlanta Fed Unveils Updated GDP Estimation Model Accounting for Gold Trade
The Federal Reserve Bank of Atlanta is changing the parameters of its widely followed GDP estimation model following the recent surge in US gold imports. The Atlanta Fed’s GDPNow model provides a running estimate of real GDP growth based on available economic data for the current quarter, using a similar methodology as US Bureau of Economic […]
AT&T Earnings: Insights into the Wireless Sector
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. AT&T T delivered accelerating revenue growth during the first quarter, as wireless and broadband customer additions remain solid. Total revenue increased 2.0% versus a year ago, with wireless service revenue up 4.1%, the fastest pace since early 2023. Residential broadband […]
Strong Gold Prices Boost Gold Mining Stocks
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Gold is higher, as worries over tariffs affecting economic growth see a flight to safety. Despite likely slower global growth, copper is up as investors try to get ahead of potential tariffs on US copper imports. Iron ore is flat, […]
8 High-Performing Canadian Equity Funds
Despite the havoc caused by US President Donald Trump’s trade war, Canadian stocks have held in relatively well, providing good news for fund investors. To screen for the top-performing funds in this category, we looked for those with the best returns over the last one-, three-, and five-year periods. Eight funds made it through the […]
Tesla Earnings: Production of Affordable Vehicles and…
Tesla’s TSLA first quarter saw lower revenue and profits, following the previously announced 13% deliveries decline. However, the affordable vehicle production and robotaxi testing both remain on track for the year. CEO Elon Musk will also spend less time advising the US government to focus on Tesla. Why it matters: Tesla saw 2024 deliveries decline […]