Textile Stocks’ Research Reports Released on Canada Goose, Lululemon Athletica, Under Armour, and V.F. Corp.

Business

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on GOOS, LULU, UAA, and VFC which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com monitors Canada Goose Holdings Inc. (NYSE: GOOS), Lululemon Athletica Inc. (NASDAQ: LULU), Under Armour Inc. (NYSE: UAA), and V.F. Corp. (NYSE: VFC). These stocks are part of the Textile Apparel Clothing space, which is engaged in the design, development, and production of apparel and accessories. They sometimes also retail this apparel under many different brand names. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Canada Goose Holdings

Last Friday, shares in Toronto, Canada headquartered Canada Goose Holdings Inc. ended the session 0.51% lower at $33.43. The stock recorded a trading volume of 1.38 million shares, which was above its three months average volume of 802,750 shares. The Company’s shares have surged 21.12% in the last month and 62.68% in the previous three months. The stock is trading 27.35% and 61.57% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Canada Goose, which designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the US, and internationally, have a Relative Strength Index (RSI) of 80.04. Get the full research report on GOOS for free by clicking below at:

www.wallstequities.com/registration/?symbol=GOOS

Lululemon Athletica

Vancouver, Canada-based Lululemon Athletica Inc.’s stock declined slightly by 0.53%, to close the day at $79.43 with a total trading volume of 1.59 million shares. The Company’s shares have advanced 19.70% in the past month, 28.61% over the previous three months, and 15.57% over the past year. The stock is trading 14.90% and 32.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Lululemon Athletica, which together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth, have an RSI of 73.20.

On December 19th, 2017, Lululemon Athletica announced that Stuart Haselden, COO, will be presenting at the ICR Conference 2018 on January 08th, 2018, at 11:00 a.m. ET at The Grand Lakes Orlando in Orlando, Florida. The audio portion of the presentation will be webcast live under the Investor Relations section of the Company’s website.

On January 02nd, 2018, research firm Telsey Advisory Group reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $84 a share to $92 a share. Gain free access to the research report on LULU at:

www.wallstequities.com/registration/?symbol=LULU

Under Armour

Shares in Baltimore, Maryland headquartered Under Armour Inc. recorded a trading volume of 9.09 million shares at the close of the last trading session, which was above their three months average volume of 6.83 million shares. The stock ended the day 0.31% lower at $15.87. The Company’s shares have surged 21.98% in the last one month. The stock is trading above its 50-day moving average by 14.81%. Furthermore, shares of Under Armour, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, EMEA region, Asia/Pacific, and Latin America, have an RSI of 64.99.

On December 11th, 2017, Under Armour announced two new additions to its senior management team. Massimo Baratto will join as Vice President and Managing Director of the Company’s European business, reporting to Chief Revenue Officer, Charlie Maurath. Additionally, Kelley McCormick will join in a newly created position as Senior Vice President of Corporate Communications, directly reporting to Chairman and CEO Kevin Plank.

On December 15th, 2017, research firm Stifel upgraded the Company’s stock rating from ‘Hold’ to ‘Buy’ while revising its previous target price from $12 a share to $17 a share. Signing up today Wall St. Equities give you access to the latest report on UAA at:

www.wallstequities.com/registration/?symbol=UAA

V.F. Corp.

Greensboro, North Carolina headquartered V.F. Corp.’s shares finished Friday’s session 0.32% higher at $75.70. A total volume of 2.00 million shares was traded. The stock has advanced 7.54% in the last month, 16.95% in the previous three months, and 42.19% over the past year. The Company’s shares are trading above their 50-day and 200-day moving averages by 5.04% and 22.17%, respectively. Furthermore, shares of V.F. Corp. and Asia/Pacific, have an RSI of 66.19.

On December 12th, 2017, V.F. Corp. announced that it was named one of the Most JUST Companies by Forbes and JUST Capital, a nonprofit that ranks US largest publicly traded corporations on the issues of what Americans care about most. This second annual JUST 100 ranking compares US companies head-to-head, based on the priorities of the American people. Register now for today’s free coverage on VFC at:

www.wallstequities.com/registration/?symbol=VFC

This Morning’s Technical Outlook on Asset Management Stocks — Central Fund of Canada, T. Rowe Price, Northern Trust, and Janus Henderson

Business

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on CEF, TROW, NTRS, and JHG which can be accessed for free by signing up to www.wallstequities.com/registration. In today’s pre-market research, WallStEquities.com scans the recent performance of Central Fund of Canada Ltd (NYSE AMER: CEF), T. Rowe Price Group Inc. (NASDAQ: TROW), Northern Trust Corp. (NASDAQ: NTRS), and Janus Henderson Group PLC (NYSE: JHG). These companies are part of the Asset Management space, which manages the financial assets of corporate, institutional, and individual clients. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Central Fund of Canada

Canada-domiciled Central Fund of Canada Ltd’s stock saw a slight drop of 0.37%, finishing last Friday’s trading session at $13.52. A total volume of 625,484 shares was traded. The Company’s shares have gained 4.40% in the last month, 3.68% over the previous three months, and 13.61% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.84% and 5.55%, respectively. Additionally, shares of the Company, which invests in the commodity markets, have a Relative Strength Index (RSI) of 67.08. Get the full research report on CEF for free by clicking below at: www.wallstequities.com/registration/?symbol=CEF

T. Rowe Price Group

Shares in Baltimore, Maryland-based T. Rowe Price Group Inc. ended at $107.23, up 1.82% from the last trading session. The stock recorded a trading volume of 1.04 million shares. The Company’s shares have advanced 5.50% in the past month, 16.87% over the previous three months, and 40.41% over the past year. The stock is trading 8.09% and 28.28% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions, have an RSI of 70.54.

On December 12th, 2017, T. Rowe Price reported preliminary month-end assets under management of $991 billion as of November 30th, 2017.  There were no client transfers from mutual funds to other portfolios for the month-ended November 30th, 2017. Client transfers in October 2017 were $2.5 billion. TROW’s complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=TROW

Northern Trust

On Friday, shares in Chicago, Illinois-based Northern Trust Corp. recorded a trading volume of 1.01 million shares. The stock rose slightly by 0.44%, closing the day at $102.00. The Company’s shares have gained 5.21% in the last month, 9.71% over the previous three months, and 2.11% over the past year. The stock is trading 5.99% above its 50-day moving average and 11.17% above its 200-day moving average. Additionally, shares of Northern Trust, which provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide, have an RSI of 67.67.

On December 20th, 2017, Northern Trust announced that that it will webcast its Q4 2017 earnings conference call on January 24th, 2018. The call will be conducted at 11:00 a.m. CT, following the earnings release that morning. The live webcast, the earnings press release, and related presentation materials will be accessible under the investor page of the Company’s website.

On January 02nd, 2018, research firm Barclays reiterated its ‘Equal Weight’ rating on the Company’s stock with an increase of the target price from $102 a share to $114 a share. Register for your free research report on NTRS at: www.wallstequities.com/registration/?symbol=NTRS

Janus Henderson Group

At the close of trading on Friday, shares in London, UK-based Janus Henderson Group PLC recorded a trading volume of 1.54 million shares, which was above their three months average volume of 640,010 shares. The stock finished the session 1.87% higher at $39.69. The Company’s shares have gained 10.71% in the past month and 13.43% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 8.65% and 14.27%, respectively. Furthermore, shares of Janus Henderson have an RSI of 76.82.

On December 12th, 2017, VelocityShares, a Janus Henderson brand, announced the launch of a suite of ten series of currency-related exchange traded notes (ETNs), to be traded on the NYSE Arca exchange. Each series of the currency ETNs is linked to a Velocity Shares Daily 4X leveraged long currency index. The ETNs are designed to offer four times leveraged exposure, reset daily, to changes in the exchange rate between the US Dollar and any one of the following five currencies: Japanese Yen, Euro, British Pound, Swiss Franc, and Australian Dollar. Wall St. Equities’ downloadable research report on JHG available at: www.wallstequities.com/registration/?symbol=JHG

Governments publish progress report on first anniversary of made-in-Canada climate plan

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The Governments of Canada and British Columbia announced the first annual progress report on the implementation of the Pan-Canadian Framework on Clean Growth and Climate Change, the first pan-Canadian plan to address climate change. The plan puts the country on the path to reducing carbon pollution, coping with the impacts of a changing climate, fostering clean technology solutions, and creating good, middle-class jobs that contribute to a stronger economy.

One year ago today, Canada’s federal, provincial and territorial leaders adopted a made-in-Canada plan to take ambitious action to fight climate change and drive clean economic growth.

In the past year, governments have taken steps to support communities most affected by the impacts of climate change, such as fires, floods and extreme weather. Governments have also invested in climate solutions and clean growth, helping Canadians save money by using smarter energy solutions and moving towards pricing carbon pollution across the country in 2018.

The first annual progress report, released today, highlights how federal, provincial, and territorial governments, along with Indigenous Peoples, are working together to tackle climate change. While meeting the commitments made under the plan will require sustained work over several years, the report finds that governments’ efforts to implement the plan are on track.

Canada’s climate plan will help industry and all levels of government take firm strides towards meeting our 2030 climate commitments while fostering clean economic growth. As implementation proceeds, governments will continue to build stronger partnerships with Indigenous Peoples, based upon the recognition of rights, respect, cooperation and partnership, and draw upon the views and expertise of Canadians in taking action on climate change.  The Government of Canada is collaborating with First Nations, Inuit, and the Métis Nation on climate action through three separate tables. The Prime Minister and national Indigenous leaders have committed to creating these permanent tables, which will each prepare periodic reports to provide updates, perspectives and proposals.

Quotes

“We’ve covered a lot of ground since launching our made-in-Canada climate plan one year ago, and we’re starting to see results. We also know we have a lot more work ahead of us. By continuing to work together, across the country, we can tackle climate change while building a stronger economy and creating good jobs.”
– Catherine McKenna, Minister of Environment and Climate Change

“At a time when the world is in the midst of an historic transition from the energy that powered our society for generations to cleaner, renewable sources, Canada is positioned to lead the way, thanks to our abundant resources and world-class expertise. We look forward to continuing to work with the provinces and territories and with Indigenous Peoples to meet our emissions reductions targets, grow the economy and create good, middle-class jobs for Canadians.”
– Jim Carr, Minister of Natural Resources

“Moving toward a lower-carbon economy presents tremendous opportunity to generate lasting, good-paying, sustainable jobs right across Canada. By working constructively and cooperatively toward common climate goals, we are now well positioned to build on the momentum generated over the past year. This will not only benefit Canadians, but it will also position Canada as a global leader in the fight against climate change.”
– George Heyman, Minister of Environment and Climate Change Strategy, British Columbia, and 2017 Chair of the Canadian Council of Ministers of the Environment

Related Products

Associated Links

Environment and Climate Change Canada’s Twitter page

Environment and Natural Resources in Canada’s Facebook page

Government of Canada Invests in Research and Development to Ensure Marine Safety

Earth, Safety

Canada NewsWire

ST. JOHN’SDec. 8, 2017 /CNW/ – Canada is investing in research and development in our natural resource sectors to support our economy and protect our environment for future generations.

Nick Whalen, Member of Parliament for St. John’s East, on behalf of Canada’s Natural Resources Minister, Jim Carr, today announced an investment of $1.39 million for two projects to enhance marine incident prevention and responsiveness in Canada’s oceans. The Honourable Siobhan Coady, Newfoundland and Labrador’s Minister of Natural Resources, on behalf of the Honourable Christopher Mitchelmore, Minister of Tourism, Culture, Industry and Innovation, also announced provincial funding.

Through its Oil Spill Response Science (OSRS) program, the Government of Canada provided $991,500to C-CORE, a St. John’s–based research and development company, to increase the efficiency of existing mechanical oil recovery systems for heavy oil products in harsh, cold environments. Minister Coady announced a provincial government investment of $428,500 to the project. MP Whalen also announced $400,000 for a University of Toronto project that will develop a foam filtration system for use in oil spills.

The OSRS is a four-year, $5-million program aimed at improving the technologies and processes for recovering or removing heavy oil products from marine environments, in the unlikely event of a spill.

Our government recognizes the importance of environmental stewardship and will continue to invest in clean technology and drive clean growth.

Quotes

“Environmental responsibility is a condition of Canada’s economic success. It is essential we protect our oceans while we develop our resources. As Canada transitions to a low-carbon future, investments in clean technology are building a stronger economy, creating new, middle-class jobs and driving sustainable prosperity.”

Nick Whalen
Member of Parliament for St. John’s East

Our government is proud to support C-CORE in this valuable research, and I commend them on putting together the strong research team they have assembled for this important work. This project has economic benefit and relevance to the Newfoundland and Labrador marine and offshore energy industry and aims to provide an effective and practical solution for an oil spill incident.”

Siobhan Coady
Minister of Natural Resources
Government of Newfoundland and Labrador

“This project leverages C-CORE’s expertise in analytical modelling, computer simulation and large-scale physical tests to assess and optimize technology performance in harsh environments. We’re very grateful to have the support of our federal and provincial governments for R&D that will help protect our pristine and valuable oceans and coastlines.”

Mark MacLeod
President and CEO, C-CORE

“Through the Institute for Water Innovation (IWI), our professors and students are addressing the world’s most pressing challenges and commercializing their research. Our forthcoming Centre for Engineering Innovation & Entrepreneurship, in which IWI will be housed, will further enable this work by providing a multidisciplinary, collaborative environment that will set a new standard for engineering research and education.”

Ramin Farnood
Vice-Dean, Research, Faculty of Applied Science & Engineering, University of Toronto

Related Links

https://www.nrcan.gc.ca/energy/funding/icg/19774
https://www.tc.gc.ca/eng/oceans-protection-plan.html

Increased confidence driving M&A decisions to capitalize on digital transformation

Business

Canadian executives leading the trend on rapid portfolio reviews

Canadian executives’ confidence in the global economy has jumped significantly by 59% in the last 12 months, according to the EY Canadian Capital Confidence Barometer. The improved outlook is key to strengthening the merger and acquisition (M&A) market, driving executives to actively review their portfolios and capitalize on the transformative potential of digital disruption.

“Canadian executives aren’t being misled by short-term market measures”, says Doug Jenkinson, a partner in EY’s Transaction Advisory Services practice. “Respondents are confident in the direction the economy is going, keeping a keen eye to the future recognizing that digital transformation is confronting and blending many sectors. Executives are on the front foot of disruption and searching for sustainable long-term value creation through acquisitions, alliances and joint ventures.”

Confidence driving investments and dealmaking

Stronger than expected turnaround in the Eurozone, tied with continued economic strength in the US and China, is fuelling Canada’s investment intentions.

  • 78% see the global economy improving, compared with 19% 12 months ago
  • 60% see the local economy improving, compared with 38% 12 months ago
  • 61% intend to pursue acquisitions in the next year

“Transactions are highly dependent on the market,” says Jenkinson. “This economic buoyancy is in turn boosting executives’ outlook for corporate earnings and stock market valuations, leading to increased confidence in investment and dealmaking intentions.”

Rapid portfolio review to get ahead of the digital wave

Canadian companies across all industries are actively reviewing their portfolios and other market opportunities in order to capitalize on digital trends.

  • 62% are reviewing their portfolio quarterly, compared to only 30% of US respondents
  • 41% are buying, forming alliances or creating joint ventures with digital companies

Canada has a robust deal pipeline, and it doesn’t show signs of stopping,” says Jenkinson. “Speed of response will be critical to capitalizing on new opportunities. Executives need to continue fast-tracking the frequency of their portfolio review so that they’re able to identify emerging trends, recycle capital and ensure they have the right mix of assets to compete.”

Read EY’s full Canadian Capital Confidence Barometer for more information.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

For more information, please visit ey.com/ca. Follow us on Twitter @EYCanada.

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SOURCE EY (Ernst & Young)