Articles by Daniel Marsh
Baytex Energy Drops 5.5% as Oil Prices Slide on US-Iran Peace Hopes
Baytex Energy shares slid 5.48% as oil prices tumbled on US-Iran peace talks. Despite the drop, the stock remains up over 51% year-to-date.
goeasy Ltd. Shares Rebound as Investors Eye Credit Recovery
goeasy shares climbed 3.4% to C$36.15 in late Toronto trading, extending a recent rally. The lender posted a Q1 net loss of C$53 million and suspended its dividend, but investors are eyeing a potential credit recovery.
Propel Holdings Shares Gain Amid TSX Record, Credit Concerns Linger
Propel Holdings shares climbed 3.5% to C$21.67 as the TSX reached a new record, despite Q1 net income slipping to $20.7 million. Loan loss provisions improved to 45% of revenue, but credit risks remain a key focus.
Cenovus Slides on Oil Price Drop Despite TSX Record
Cenovus Energy shares fell 4.3% on Monday as oil prices dropped on renewed hopes for a U.S.-Iran deal, while the TSX Composite hit a record high.
Kraken Robotics Shares Rebound Amid Covelya Deal Anticipation
Kraken Robotics shares surged 8.9% Monday, rebounding from Friday's drop, as market participants look for progress on the C$615 million Covelya acquisition.
Baytex Energy Slips as Oil Plunges on Iran Deal Speculation
Baytex Energy shares fell 3.7% to C$6.86 on Monday as Brent crude dropped 4.8% on speculation of a U.S.-Iran deal reopening the Strait of Hormuz.
Keel Infrastructure Stock Surges on AI Data Center Pivot
Keel Infrastructure shares rose 6.94% in Toronto to CA$7.09 as the market eyes its shift from bitcoin mining to AI data center leasing. Q1 results show revenue decline but strong liquidity.
MDA Space Shares Approach Record High Amid Robust Space Sector Activity
MDA Space shares climbed 0.2% to C$59.64, closing in on a record high after Q1 revenue jumped 32% and a new satellite facility opened. The stock is up 14% in the past week.
Blackstone's $80B Private Credit Fund Faces Redemption Surge
Blackstone's $80 billion private credit fund, BCRED, is offering to repurchase up to 93.1 million shares as Q1 inflows fell and repurchase requests rose, testing investor demand.
Goodwill Expands Thrift Network with New Alabama Outlet, Eyes 100 Stores in 2026
Goodwill opens a new store in Sylacauga, Alabama, and prepares for a Maryland location, as part of a plan to open 100 stores in 2026 to meet growing demand for secondhand goods.