Search Results for: North America

By Kuldip K. Ambastha On Monday, November 15, 2021, the stock of Dollar Tree, Inc. (DLTR), a prominent and popular discount variety store chain operator in North America, had a gain of +14.3% per share for the trading day. (See What Caught Our Attention in the Investment World? – Week of September 27-October 1, 2021; …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 15-19, 2021”

By Kuldip K. Ambastha The stock of Dollar Tree, Inc. (DLTR), a prominent discount variety store chain operator in North America, had an impressive gain of +16.5% for the trading day of Wednesday, September 29, 2021. As dollar store chains have faced rising inflationary, raw material cost, freight shipping cost, and labor cost pressures, store …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 27-October 1, 2021”

By Kuldip K. Ambastha On Sunday, March 21, 2021, Canadian Pacific Railway Limited (CP) announced that it would be buying Kansas City Southern (KSU), for $29 billion ($25 billion in cash and equity, along with $4 billion in outstanding Kansas City Southern debt). The surprise announcement resulted in a +11.1% return for Kansas City Southern …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 22-26, 2021”

By Kuldip K. Ambastha In the last few years, cryptocurrencies (and their associated blockchain technology usages) have attracted the attention of many investors. During the past trading week, the first-ever North American exchange-traded fund (ETF) for Bitcoin was launched. Purpose Bitcoin ETF (BTCC-B.TO) saw strong interest from investors and heavy daily trading volumes. Though cryptocurrencies …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 15-19, 2021”

By Kuldip K. Ambastha In this past week, BJ Services LLC and Ascena Retail Group (ASNA) both announced their bankruptcies. BJ Services LLC provides its services to oil & gas companies focused on North American exploration & production, and is voluntarily filing for Chapter 11 bankruptcy. This company intends to sell its assets, and its …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 20 – 24, 2020”

By Kuldip K. Ambastha Jerome Powell, the Chair of the U.S. Federal Reserve, issued detailed comments this week. The American economy continues to be ravaged by the coronavirus pandemic. Additional fiscal support aid (e.g. another round of stimulus payments to Americans) will likely be needed for the American economy to recover. However, the Fed is …

Continue reading “Negative Interest Rates in the USA are Unlikely – Week of May 11 – 15, 2020”