Posts tagged as:

earnings

It’s the end of November and another month has passed us by.   The seasonal correction in the stock markets never really happened this year, along with other traditional seasonal trends that failed to confirm.  Then again, this past year has been one of the more unusual for markets since the Great Depression.  For example, the [...]

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This week of August 24-28, all the talk on Bay Street is about the Big 6 Canadian banks reporting fiscal Q3 (third quarter) earnings.  Earnings results of the Big 5 are important to many Canadian investors, who are almost all invested in one or more of these banks through their pension and broad-based mutual funds [...]

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Yesterday, August 17, 2009, China’s Shanghai Index posted the single biggest one-day loss so far for 2009 (and in fact since November 2008), dropping about 6% on concerns about the resiliency of China’s GDP numbers and consumer activity going forward.
Global Markets Sell-Off
This was the catalyst that sent oil down below $66 from a stable two-week [...]

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Upcoming first quarter Canadian bank earnings, on a whole, are expected to be better than expected (so does that mean they’re just “what was expected”?:)).  This follows on my earlier note about Barclay’s bank having better than expected earnings, and also the midday rally today in financials across the board.
Some, however, think these first quarter [...]

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Industrial equipment supplier Toromont’s earnings actually GREW this past quarter.  Earnings were up 25% for the months of October, November and December 2008 – right on through the huge meltdown.  How is that possible?  It seems like this helps build the case for an infrastructure-led turnaround, even though Boeing just laid off a bunch of [...]

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Here’s a little “tip” or “tidbit” that I learned today watching BNN (Canada’s CNBC).  Generally speaking, company earnings lag the markets by about one year.  This means that since experts are generally agreeing now that November 20, 2008 represented the overall market bottom (unless, of course, we retest that bottom), that it will take until [...]

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