Market Insights

Droughts propel commodities to food-riot prices

Grain prices have surged over the past six weeks as drought-like conditions have raised concerns about the health of the summer crop.

By David Andrews |July 23, 2012

4 min read

Profits sliding for U.S. blue chips

Wall Street analysts are scaling back their growth expectations for the largest U.S. companies; an early warning sign the country is hovering on the edge of a recession, reports the Financial Times. They predict the revenue of leading U.S. blue chip companies will rise at an annual rate of 1%-to-1.5% during the third quarter of […]

By Wire services |July 23, 2012

2 min read

Advisors not bullish on stocks: survey

Over the last few months, Canadian advisors have become less enthusiastic about the stock market, says a survey by Horizons Exchange Traded Funds Inc. Bullish sentiment on the S&P/TSX 60 declined from 59% in Q2 to 54% in Q3, and on the S&P 500 from 63% to 58%. Also, on the NASDAQ 100, confidence dropped […]

By Staff |July 19, 2012

2 min read

Man United aims for $300M IPO

Hopefully Manchester United has better luck than Facebook with its IPO. The English football club is targeting a $300 million offering in the hopes of paying down its £425 million net debt, says Financial Times. Read: Should your clients buy a sports franchise? If all goes according to plan, the club will launch its IPO […]

By Staff |July 19, 2012

1 min read