Basix Hedge News - Trading Desk


Thompson Creek balance sheet concerns overblown – RBC

Concerns about Thompson Creek Metals Co. Inc.'s solvency have helped drive its shares down sharply in the past few days, but RBC Capital Markets is...

Citigroup and Morgan Stanley downgraded as tapering approaches

Citigroup Inc. and Morgan Stanley were downgraded to hold from buy at Deutsche Bank in anticipation of further near-term dislocation in credit markets ahead of...

Domtar upgraded to top pick

Domtar Corp. was upgraded by RBC Capital Markets in anticipation of a potential positive near-term earnings surprise

AT&T downgrade as wireless challenges expected to worsen

"AT&T’s subscriber growth is likely to continue to lag the industry," J.P. Morgan says

Six themes that will impact Asian markets in 2014

Asian markets will be impacted negatively by the tapering of the U.S. Federal Reserve's bond buying program in 2014, but the pain won't be as...

Thompson Creek faces solvency issue – TD

"With a ‘bad’ ramp up and even lower metal prices, we could see the company pressured to refinance next year," TD Securities warned

What’s leading the Nasdaq? Not info tech

The Nasdaq Composite index is up more than 30% so far this year and broke 4,000 for the first time 13 years Tuesday, but don't...

The financial crisis is over: Nomura

Macroeconomic risks will not dominate equity performance next year for the first time since the financial crisis

Which Canadian banks will hike their dividends in Q4?

With Bank of Nova Scotia, Royal Bank of Canada and Toronto-Dominion Bank announcing dividend hikes in the third quarter, Barclays analyst John Aiken expects the...

Best Buy shares offer attractive entry point – analysts

If you are looking for an attractive entry point into Best Buy Co. Inc., analysts believe it was provided by Tuesday's sharp sell-off

Tapering doesn’t look so scary with bond supply set to drop by $600-billion next year

Tapering is expected to cut bond demand by an estimated US$500-billion next year, but a drop in global bond supply will likely offset some of...

Why investors shouldn’t get too excited about WestJet’s first transatlantic route

Investors may want to curb their enthusiasm about WestJet Airlines Inc.'s surprise decision to offer its first transatlantic flight next summer

Cisco Systems Inc. is taking a beating on Q1 miss, weak Q2 guidance

Cisco Systems fell sharply after its first quarter revenue came up short of expectations and the company cut its second quarter guidance

RBC to benefit as Canadian banks left off global too-big-to-fail list

No Canadian names were included on the Financial Stability Board's list of globally systemically important banks, which is good news for RBC in particular

Safeway comparisons to A&P flawed – Deutsche Bank

Safeway is not on the A&P trajectory, despite what a popular short thesis seems to suggest, analyst says

Telus bonds worth the premium: RBC Capital Markets

Telus Corp. shares have become the top pick of investors looking to play the media and telecom space in Canada, but the company's bonds aren't...

Canadian bank stocks poised to benefit from U.S. economic recovery: Desjardins

In a note to clients Friday, Michael Goldberg said recent economic reports on jobs and house prices in the United States are likely to drive...

Aecon, other construction stocks to benefit from Ontario infra spending

The Ontario government's latest economic plan to spend more, particularly on infrastructure is generally bullish for the country's construction stocks, but it's Aecon Group Inc....

Avigilon shares surge on ‘exceptional’ earnings

Avigilon Corp. shares jumped more than 20% as its Q3 results handily beat consensus estimates and an analyst suggested it will be the next technology...

Bombardier downgraded, may need to tap debt markets

Bombardier was downgraded to underweight at J.P. Morgan, where analyst Joseph B. Nadol cut his estimates for the company and warned it may require a...