5 from 5i - CEO outlooks and finance myths

Michael Southern Oct 28, 2016

The S&P/TSX traded to another 2016 high on Tuesday on the heels of a rally in gold & gold equities. Earnings season is picking up steam and there are plenty of noteworthy developments. Concordia International (CXR) surged as much as 40% higher after the company confirmed that CEO Mark Thompson will step down; however, the stock has since fallen back to pre-news levels. Valeant Pharmaceuticals (VRX) maintained its full-year guidance, setting a goal for the H2 that will require the drugmaker to substantially raise its sales and profits. DH Corp. (DH) fell almost 45% on Wednesday, as investors have seemingly lost patience after another lackluster quarter and lower guidance. AT&T (T) has reached an agreement to buy Time Warner (TWX) for $85.4B in a deal that would transform the phone company into a media giant. Here's five stories we found interesting this week:

  1. 12 Wall Street myths that investors need to understand. 
  2. Comparing one FED rate hike to another.
  3. A FinTech CEO shares his thoughts on achieving industry success.
  4. A lesson in investing from pigeons and rats.
  5. A look at what CEO's are saying this quarter.

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