CIBC Capital Markets says it is dropping coverage of the television and radio station owner because of the "material uncertainty" surrounding its equity value.
Meanwhile, Canaccord Genuity says it has revised downward its financial estimates for the company and lowered its 12-month stock price target to 10 cents per share from 25 cents.Corus yesterday reported a loss attributable to shareholders of $769.9 million in its latest quarter and said it expects to have slashed 25 per cent of its full-time workforce by the end of next month.
Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal.To pick a better buy, let’s assess these two high-yielding dividend stocks. The post Both Have Yields Over 7.4% — But 1 Is a Better Stock to Buy Now Than the Other appeared first on The Motley Fool Canada.
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