investment

Interactive Brokers Group Inc. reported 23% higher revenue and 33.4% higher earnings as it continues to add customer accounts and benefit from higher interest rates.

Texas Instruments Inc. is facing activist investor pushback to scale back its planned expansion, boost free cash flow 40%, and keep improving efficiency.

You Can See Our Exchange-Traded Funds Portfolio For September 2024 Here.

ETFs in brief


Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

Despite the large number of ETFs already on the market, Canadian managers continue to launch new funds. This month we highlight an ETF from CI Investments that selects high-quality, dividend-paying U.S. companies. The second ETF comes from Hamilton Capital Partners....

Direxion Daily Semiconductor Bull 3x ETF $35.05 (New York symbol SOXL) aims to use a combination of derivatives and debt to offer daily returns that correspond to three times the daily gains of the ICE Semiconductor Index. If SOXL is successful in meeting its investment objective, its price should gain (or lose) approximately three times that of the semiconductor index.


Institutional investors, particularly hedge funds, carry out around 60% of all trading in leveraged and inverse-leveraged investments....

You Can See Our Income-Seeking Portfolio For September 2024 Here.

This month we update our Portfolio for Income-Seeking Investors.


In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price)....

These two subsidiaries of the Power Corp. holding company are now realizing the benefits of a new plan to better focus on their core areas of expertise. We like both but still prefer IGM for your new buying.


GREAT-WEST LIFECO INC. $42 is a hold. The company (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 932.1 million; Market cap: $39.1 billion; Price-to-sales ratio: 1.7; Dividend yield: 5.3%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial....

BANK OF NOVA SCOTIA $63 is a buy. The bank (Toronto symbol BNS; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.2 billion; Market cap: $75.6 billion; Price-to-sales ratio: 2.3; Dividend yield: 6.7%; TSINetwork Rating: Above Average; www.scotiabank.com) has agreed to acquire a 14.9% stake in U.S.-banking firm KeyCorp for $2.8 billion U.S.


Based in Cleveland, Ohio, KeyCorp provides a variety of financial services through 1,000 branches in 15 states.


Bank of Nova Scotia will first pay $800 million U.S....

TRISURA GROUP LTD., $40.49, symbol TSU on Toronto, took its current form on June 22, 2017, when Brookfield Asset Management Inc. (now Brookfield Corp.) spun off its specialty insurance business as Trisura. Investors received one Trisura share for every 170 Brookfield shares they held.

Trisura provides specialty insurance and services not available through traditional insurers....

BROADRIDGE FINANCIAL SOLUTIONS INC., $214.47, is a buy. The company, symbol BR on New York, serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.

Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....