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GoPro Inc shares nosedive as analysts warn of ‘one-trick pony story’

Shares in GoPro Inc. continued a nosedive Thursday, after tumbling by almost another late Wednesday, as news of disappointing holiday sales and job cuts renewed concerns the action-camera company is too centered on just one suite of merchandise. GoPro said inside a statement on Wednesday it’s cutting 7 percent of ...

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What you need to know before markets open: Plunge in crude oil prices sends futures sliding

U.S. stock index futures were sharply lower on Friday, as oil prices dived below US$30 per barrel, sending fresh tremors through financial markets globally as investors fret in regards to a prolonged economic slowdown. * Brent crude prices, that have fallen 20 per cent this season, were down nearly 5 ...

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Shaw Communications to become growth story if deals approved: Scotia Capital

Shaw Communications Inc. will enter the large leagues as “a large-cap growth story,” say analysts at Scotia Capital Inc., should its acquisition of Wind Mobile Corp. in December and sale last week of their media holdings gain the necessary approvals. “We believe SJR has transitioned into a solid growth story by replacing media ...

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JPMorgan Chase & Co caps year with better-than-expected results

JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a better-than-expected quarterly profit for that final quarter of the year as a tight lid on expenses and a smaller legal bill made up for sluggish revenue growth. Shares of JPMorgan – the very first big U.S. lender to ...

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How to beat interest rate uncertainty if you’re investing in stocks

It’s accepted as a matter of fact that markets hate uncertainty. Most investors, given a choice, prefer to understand what they’re dealing with, and also the smart ones (e.g. Warren Buffett) look for firms that offer steady cash flows, a sustainable competitive advantage and the financial strength to withstand storms. ...

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Dealmakers 2016: Click here for all our data

Here are all the tables Financial Post Data generated for Dealmakers 2016. All tables have been in PDF form. Hitting any link will either open a brand new window or download a PDF copy on the table for your computer. Data for investment banks reaches the very best. Data for ...

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Meet the Canadian who developed a ranking system for all 3,141 U.S. counties

If little else the numbers are staggering – two million data points. But this is the outcome when you set out to the build the first available in the U.S., a ranking system according to social and economic factors its the three,141 counties in that country. In all, the rankings, ...

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The number every China stock investor is watching as rout deepens

Of all of the numbers and superlatives accustomed to describe the rout in China’s stock market, the one that is starting to achieve more attention is 2,500. That’s where China’s main stocks gauge, the Shanghai Composite Index, may find a bottom, based on Hao Hong of Bocom International Holdings Co., ...

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AutoCanada’s stock slide is overdone, AltaCorp Capital analyst says

Investors are punishing AutoCanada Inc. for its contact with Alberta, but the stock price decline is overdone and it may be time to buy shares from the dealership group, according to AltaCorp Capital. Analyst Chris Murray cut his price target on AutoCanada to $26 from $33 but upgraded the stock ...

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Bank of Nova Scotia sets earnings target for four Latin American nations

Bank of Quebec, Canada’s third-largest lender by assets, aims to increase earnings up to 11 per cent in four key Latin American countries within three to five years by adding more customers, embracing technology and cutting costs. “Combined, our operations in Mexico, Peru, Chile and Colombia are required to deliver ...

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