Macro headwinds continue to affect the wireless business in Canada, but National Bank Financials analyst Adam Shine likes what he sees from Rogers Communications (Rogers Communications Stock Quote, Chart, News, Analysts, Financials TSX:RCI.B) As reported by the Globe and Mail Shine June 30 maintained his “Outperform” rating and raised his price target on the stock […]
A Canadian recession is unlikely, RBC saysCanada’s economy contracted modestly in April, with real GDP edging down 0.1% as U.S. trade disruptions led to a sharp decline in goods exports, RBC Senior Economist Claire Fan said in a June 27 report. The contraction was concentrated in a few key sectors, most notably manufacturing and wholesale trade, which both fell by 1.9% […]