mars: Watch: Mars’ crust more complex, evolved than previously thought; Study – The Economic Times Video

mars: Watch: Mars’ crust more complex, evolved than previously thought;  Study – The Economic Times Video

Researchers have determined the Martian crust has greater concentrations of the chemical element silicon, which may mean Mars’ original surface may have been similar to Earth’s first crust. The Martian surface is uniformly basaltic, a product of billions of years of volcanism and flowing lava on the surface that eventually cooled. Because Mars did not … Read more

Business groups call for government action on credit-card swipe fees

Business groups call for government action on credit-card swipe fees

Federal lobbying records show major credit-card companies including Visa and Mastercard have registered to talk to the government about its plans to lower credit-card interchange fees.John Raoux/The Associated Press Business groups are calling for action on credit-card swipe fees, saying the federal government has dragged its feet on promises to lower them. The Liberals promised … Read more

Rental apartment construction slumps in Toronto as building costs rise

Rental apartment construction slumps in Toronto as building costs rise

Construction workers work on the top floor of the Time and Space condominium project in Toronto’s Front St. East and Sherbourne St. neighborhood on Oct 11.Fred Lum/The Globe and Mail Rental apartment construction dropped sharply in Toronto in the first half of the year, according to a new government report that suggests it has become … Read more

Canadians will find ultra cheap airfare this fall

Canadians will find ultra cheap airfare this fall

People line up at Pearson International Airport in Toronto, on Aug. 5.Nathan Denette/The Canadian Press Canadians eager to enjoy the autumn colors this year are likely to find plenty of budget-friendly options to jet to places like New York or Alberta’s Lake Louise. And the opportunities to fly cheap go well beyond the top foliage … Read more

Morgan Stanley slashes oil price forecasts

Morgan Stanley slashes oil price forecasts

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow RBC Capital Markets REIT analyst Pammi Bir reduced estimates for his coverage universe, “In this Q2 2022 preview, we took the opportunity to update our earnings and NAV forecasts to reflect a higher interest rate environment and slower anticipated economic … Read more

Why utility stocks, which normally suffer during rate hikes, are some of the TSX’s top performers

Why utility stocks, which normally suffer during rate hikes, are some of the TSX’s top performers

Hydro One Ltd. is on a tear.Darren Calabrese/The Canadian Press The conventional wisdom is that when interest rates go up, utility stocks go down, but with the Bank of Canada continuing an aggressive tightening campaign – one that is expected to produce a jumbo hike on Wednesday – there’s a twist to the narrative. Unlike … Read more

Are bank stocks reflecting a recession? Not yet, and that’s a concern

Are bank stocks reflecting a recession?  Not yet, and that’s a concern

Canadian bank stocks are struggling as investors fret over the possibility of an oncoming recession, but some analysts believe that banks are not yet reflecting an ugly economic downturn. Share prices of the Big Six banks – Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of … Read more

Tuesday’s analyst upgrades and downgrades

Tuesday’s analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions Scotia Capital analyst George Doumet thinks the Street is not giving “reasonable value” to the expanding Investment Management business of Colliers International Group Inc. (CIGI-Q, CIGI-T), which he believes is “big enough at this point.” In a research note released Tuesday, he said investors … Read more

These 10 timeless investing rules offer guidance for today’s markets. Plus, why falling pot stocks are no bargain

These 10 timeless investing rules offer guidance for today’s markets.  Plus, why falling pot stocks are no bargain

Legendary Merrill Lynch market strategist Bob Farrell developed a list of 10 rules of investing that remain heavily quoted more than 20 years after he retired. Stephen Suttmeier, technical research strategist at Merrill Lynch successor BofA Securities, released a report in late May reviewing Mr. Farrell’s investing rules for guidance in the current market. The … Read more