Earnings
July 5, 2020 - EXE
New! Extendicare Inc. Q1-2020 Earnings, Price Target Update .....
July 3, 2020 - SIA
Sienna Senior Living Inc. Q1-2020 Earnings, Price Target Update .....
July 2, 2020 - CSH.UN
Chartwell Retirement Residences, Q1-2020 Earnings, Price Target Update .....
July 1, 2020 - IAG
iA Financial Corporation Inc. Q1-2020 Earnings, Price Target .....
June 27, 2020 - T
Telus Corporation - Q1-2020 Earnings, Price Target Update .....
June 26, 2020 - BEP.UN
Brookfield Renewable Partners - Q1-2020 Earnings, Price Target Update .....
June 24, 2020 - CU
Canadian Utilities Ltd Q1-2020 Earnings, Price Target Update .....
June 23, 2020 - NFI
NFI Group Inc. Q1-2020 Earnings, Price Target Update .....
Recommendation Changes
NWC, CPX, H, QBR.B, AW.UN, more...

Chaos Not Disaster- Updates: Preferred Shares, KEY, IPL. PPL, PKI, SOT

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Markets are caught in a vortex of change. The complacency that markets have become accustomed to is being shattered. It is a situation of extremes; markets were priced for perfection rising on the back of low interest rates. The changes now being experienced are extreme and easily misinterpreted in the chaos. These include a major health issue that is triggering an oil price collapse, and interest rates going ever lower.

Markets are seesawing in the turmoil, way up one day and back down the next in a jarring price discovery effort. Coping with rapid major change is disorienting. This is a time when the macro events will overrule the financial fundamentals at the company level; stocks are heading to oversold territory. Comments this week cover the potential short and long term impact from the Coronavirus, the precipitous drop in benchmark bond yields and oil prices.

Updates include price changes for rate reset and fixed rate preferred shares, both of which are reacting to the large decline in interest rates. Earnings updates include Pembina Pipeline Corp.(PPL), Inter Pipeline Ltd.(IPL), Keyera Corp.(KEY), Parkland Fuel Corp.(PKI) and Slate Office REIT(SOT.UN). Earnings data provide a factual baseline, keeping in mind markets are prospective or forward looking in nature, essentially making best guesses about the future and factoring this into current share prices on the run. When markets are in turmoil as they are at present, forecasting becomes extra challenging.

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New! Cineplex Inc(CGX) - Pending Convertible Debenture New Issue
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