GoPro Inc shares dive as Q4 results disappoint, Hero4 camera fails to capture sales


GoPro Inc. swung to some loss in the fourth-quarter and forecast sales within the first quarter which were below analysts’ projections after a disappointing end to 2015 as its latest cube-shaped action camera failed to inspire sales at Christmas. The organization also said chief financial officer Jack Lazar is stepping down. For the present quarter GoPro said hello sees revenue ...

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Amaya Inc restricting confidential information to CEO David Baazov as it awaits buyout offer


MONTREAL – Shares of Amaya Inc. dipped before markets opened Wednesday morning after the special committee appointed to supervise a potential buyout by CEO David Baazov said hello has not yet received his formal offer, though he had announced his intention to create one sometime round the end of February.   By 10:53 a.m. the stock fell 3.92 per cent to ...

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Battle with fintech could be bruising for big banks


Fintech is alive and well all over the world doing its better to disrupt existing financial relationships by using technology. In Canada, fintech has been less of a factor, in part because the local banks emerged in better shape after the global financial trouble and because banks have a higher level of satisfaction with their customers compared to other markets. ...

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Will Canada join the negative interest rate club?


There are presently five countries or regions within the negative rate club, and Citigroup expects more will join the fray. Maybe even Canada. With the ecu Central Bank cutting its deposit rate by 10 basis suggests negative 0.4 percent last week, it cemented its devote the group alongside Switzerland, Sweden, Denmark and Japan. The economic advantage of looser monetary policy ...

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The tail is wagging the dog: Gluskin Sheff’s George Young explains the 2016 market turmoil


If you are a frequent city driver, you’ve learned to calculate traffic flows to obtain where you need to go. But imagine that the direction of all of the one-way streets was suddenly reversed, causing bottlenecks, even car accidents. It might be chaotic.Eventually, however, commuters would adapt and a brand new steady state would form. Like traffic patterns, financial markets ...

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Valeant Pharmaceuticals International Inc price target slashed, stock downgraded at RBC


Valeant Pharmaceuticals International Inc.’s disclosure that it’s the subject of an SEC probe was enough to convince Douglas Miehm at RBC Capital Markets to finally downgrade the stock . The analyst also slashed his price target on Valeant share to US$85 from US$194, which still represents upside of roughly 30 per cent. Related Valeant Pharmaceuticals International Inc under investigation by ...

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These are the stocks that are most loved and most hated by large investors


While markets take investors for any rollercoaster ride that’s not for the average person, diving into which stocks and sectors are the most loved and hated by larger market participants can be fruitful. According to some note sent by Bank of America Merrill Lynch Strategist Nigel Tupper and team, there have been some interesting changes in the stocks large investors happen ...

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Alberta weakness and Zika virus spell turbulence for Transat: CIBC


Vacation tour operator Transat AT is facing a barrage of headwinds in 2016, putting more pressure on a company that’s already struggling to boost organic growth, based on a brand new analysis by CIBC. As an effect, the bank has downgraded Transat to sector underperform from sector perform and cut its price target on the stock to $7 from $8. ...

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