CanAlaska is a junior mineral exploration and Project Generator company. The Company controls 132,300 hectares across 9 uranium projects in northern Saskatchewan & Manitoba, 25,000 hectares across 3 nickel projects in northern Manitoba and two base metal projects in northern Manitoba & B.C., and 2 diamond projects covering 57,752 hectares in Saskatchewan & Alberta. [more]
Last week, Zynga reported Q2/2020 earnings with record revenues and bookings, as the mobile game company fueled growth through focusing on its portfolio of live services games and acquiring other high-growth franchises. [more]
According to trend-tracking and prediction technology firm RIWI, data suggests U.S. economic recession is much deeper than current jobs data is reporting and Biden has a slight lead on Trump for the Presidential election but beware of the “shy Trump voter” effect. [more]
This week, franchise restaurants Dunkin’ Brands, McDonald’s, Restaurant Brands International, and Starbucks, reported Q2/2020 earnings. Most franchises experienced double-digit revenue decreases. Dunkin’ Brands expects to close ~800 stores; Starbucks plans to close 400 locations. [more]
Last week, Alphabet, Amazon, Apple, Facebook, and Microsoft, reported better-than-expected quarterly earnings, as most of these big tech companies strongly outperformed against the broader market during the COVID-19 pandemic. With large cash balance and solid cash flows, these Tech Giants are poised to seize opportunities in this unsettled market. [more]
One useful strategy to employ in composing a profitable portfolio in highly volatile markets, such as we have been experiencing, is using seasonality trends as a guideline. The five sectors added this month are the Russell 2000, the U.S. Dollar Index, Energy, Gas Utilities, and Retail. The single sector which ends its seasonal strength in August is Silver [more]
Last week, Canada started rolling out Phase 3 of the re-opening guidelines for businesses with indoor retail operations to start offering more services. However, several months of prolonged lockdowns already forced small businesses to close and larger corporations to pull operations out of Canada. [more]
Canada’s newest tech darling closed up 80% in its first week of trading. Oversubscribed offering grows to $172.5M from $100M. The Company’s customers include top tier financial institutions and law firms serving customers in Canada and the UK. [more]
This week, Vindex, a pure-play Esports content and event production company, announced the acquisition of the Belong Gaming Arenas brand from GAME Digital. Belong Gaming operates Esports tournaments and events in physical gaming centres with video game PCs and consoles. [more]
Gross sales reported by A&W restaurants in the royalty pool dropped 28% year-over-year. At its peak, 230 of 971 A&W restaurants in the royalty pool were temporarily closed due to the coronavirus; currently only 21 restaurants remain closed. [more]
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