Molson Coors Earnings to be Weighed Down Amid US Beer Industry Slump, BofA Says in Downgrade
Molson Coors Beverage's (TAP) 2025 and 2026 earnings are likely to take a hit amid declining beer co
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Yahoo
10 minutes ago
- Yahoo
Best Canada Day sales in 2025 — 44 epic deals (up 70% off!) at Best Buy, Walmart, Amazon & more
Canada Day 2025 is almost here, and our Yahoo Canada shopping experts are here to help you find the best long weekend deals. If you haven't yet checked out Best Buy's Black Friday in summer sale and Amazon's early Prime Day deals (plus dozens of other amazing sales), now is the time — Canadians can save big on everything from mattresses and lawnmowers to sunscreen and versatile totes this long weekend. Below, I've rounded up the best Canada Day sales worth shopping for this year and highlighted a few deals in particular that I think you'll like. Happy Canada Day — it's time to shop! Amazon Canada: Save on Amazon Fire TVs, smartwatches & more more ahead of Amazon Prime Day 2025. Best Buy Canada: Save hundreds on TVs, headphones, Apple devices & more as part of the retailer's Black Friday in Summer sale. Lenovo: Monitors, gaming mouses and more are on sale at Lenovo. Walmart Canada: Select devices, including headphones and video games, are on sale this Canada Day long weekend. Abercrombie & Fitch: Take 20 to 50% off almost everything, plus an extra 20% off clearance. Adidas: Take home sneakers, accessories, apparel and more for up to 40% off. Alo Yoga: Score yoga and workout apparel for up to 40% off Coach: Take up to 40% off select styles. Coach Outlet: Save up to 70% on bags, wallets, accessories and more. Columbia: Up to 30% off men's, women's and kids' styles. Duer: Shop up to 30% off summer-ready staples. Foot Locker: Save on Nike, Converse, Champion and more. Gap: The summer edit — take 50% off shorts, tees, swim and dresses. H&M: Up to 60% off men's and women's apparel, H&M Home & more. Knix: Save on underwear, swimsuits, summer essentials and more. Levi's: End-of-season sale — 40% off select styles. Lululemon: Lululemon made too much — shop the best men's and women's finds. Michael Kors: Take an extra 29% off sale styles. The North Face: Save on booties, jackets, backpacks and more. Old Navy: The summer sale is here — take 40-70% off. Reitmans: Up to 60% off sale, plus an extra 20% off. Roots: Deals up to 50% off that you won't want to miss. RW&CO: Enjoy 30% off regular-priced items. Simons: Take up to half off men's, women's and home. Sorel: A favourite of Meghan Markle and Kate Middleton — save on sandals, sneakers and more. Anthropologie: Take an extra 50% off sale items. Article: Save up to 40% on hundreds of styles for outdoor, bedroom, living room and more. Ashley Furniture: Snag living room, bedroom and outdoor furniture for up to $1,100 off Away Travel: Buy four or more items and get 20% off Bouclair: Take 20% to 60% off everything, including furniture, decor and more. Casper: Create your dream bedroom and save 20% off sitewide. Cozy Earth: Shop our editor's favourite sheets and save up to 30%. Douglas: Buy a mattress and get hundreds in free gifts. Emma Sleep: Take up to 25% off mattresses. Home Hardware: Up to 50% off portable fans, outdoor pizza ovens and more. Monos: Get up to $150 off luggage sets — including our editor's favourite travel bags. Silk & Snow: Save 15% on sheets, bath & select furniture. Sundays: Take 25% off this long weekend. Wayfair: Take up to 70% off during Wayfair's Canada Day clearance. BBoutique: Get 50% off Bellesa sex toys with code 50JUNE. Lelo: Save up to 50% on sex toys and wellness products. Lovehoney: Up to 60% off best-selling sex toys: Vibrators, couple's toys & more. PinkCherry: Up to 80% off clearance sex toys, plus 33% off sitewide Sephora: Get up to 50% off select makeup, hair care & more.
Yahoo
10 minutes ago
- Yahoo
Trump wants Canada's digital services tax gone before trade talks resume
U.S. President Donald Trump says he's ending all trade discussions with Canada to hit back at Ottawa for slapping a tax on web giants — and he wants it removed before negotiations can begin again. Canada and the U.S. have been locked in talks to get Trump to lift his punishing tariffs on Canadian goods, levies that have already led to major economic dislocations, job losses and a drop in southbound exports. Trump and Prime Minister Mark Carney agreed at the G7 last week to reach some agreement on the trade dispute within 30 days. Speaking in the Oval Office on Friday afternoon, Trump said the U.S. has "such power over Canada," and that he's upset the country is following a taxation strategy similar to Europe's. "It's not going to work out well for Canada. They were foolish to do it," he said of imposing the DST, which was passed into law last year with a delayed application."We're going to stop all negotiations with Canada right now until they straighten out their act," he said. Asked if there's anything Canada can do to appease him, Trump said Ottawa could remove the tax. "They will," he said. "They do most of their business with us. When you have that circumstance, you treat people better." Earlier Friday, Trump posted on social media he may impose some sort of blanket tariff on Canadian goods as retribution for the DST, which will primarily hit U.S. firms since it targets only the biggest earners. Speaking briefly to reporters before Trump's Oval Office comments, Carney said he hadn't talked with Trump that day. "We'll continue to conduct these complex negotiations in the best interest of Canadians," Carney said. He did not address a reporter's question about whether his government is prepared to drop the DST — something the Business Council of Canada is calling on Ottawa to do in exchange for U.S. tariff relief. Set to take effect on June 30, the DST would have U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users. The policy will apply retroactively, leaving U.S. companies with a $2-billion US bill due at the end of the month. These global digital firms are often able to skirt paying taxes in the countries where they operate, and the last Liberal government pitched the DST as a way to bring the tax code up to date and capture revenues earned in Canada by firms located abroad. U.S. long opposed DST It's been a bone of contention between Canada and the U.S. for years, with former president Joe Biden's ambassador to Canada warning during his tenure that, if a DST was enacted, the U.S. would hit back. While Canada and other Organization for Economic Co-operation and Development (OECD) countries had been discussing some sort of global DST, the Trudeau government decided to move ahead with its own tax rather than wait for co-ordinated action. Carney's finance minister, François-Philippe Champagne, said last week Ottawa planned to enact the tax even while negotiations with Trump are ongoing. That's what's prompted the president's ire. "We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country," Trump said. WATCH | Foreign Affairs minister on the trade war: As he has done in the past, Trump mischaracterized Canada's tariff regime on U.S. dairy products. The high tariff rates Trump frequently cites are only applied if U.S. exports exceed a set "tariff-rate quota," something that has never happened. Trump's own Department of Agriculture noted earlier this year that almost all agricultural products traded between the United States and Canada are free of tariffs. In an interview with CBC's Power & Politics, Foreign Affairs Minister Anita Anand said supply management, which places limits on certain products, including dairy, to ensure stable prices, is a "cornerstone" Canadian economic policy that is "extremely important." Anand said that despite Trump's threats, Canada will push ahead with trying to broker a deal that's in the best interest of workers and businesses, "while at the same time ensuring we diversify our supply chains so we are never again dependent on one economy." She touted the New EU-Canada Strategic Partnership of the Future that Carney brokered with the European Union earlier this week. Trump's abrupt decision to call off negotiations may have caught Canadian officials off guard. Speaking to CBC Radio's The House hours before Trump's post, Canada-U.S. Trade Minister Dominic LeBlanc said Canada's negotiators "continue to be optimistic about the constructive tone" between the two countries. Still, Candace Laing, president of the Canadian Chamber of Commerce, said there have been signs the "tone and tenor of talks has improved in recent months." Trump and Carney have had two friendly meetings in that time, and she hopes to see "progress continue" despite Trump's apparent attempt to derail the talks. "Negotiations go through peaks and valleys. With deadlines approaching, some last-minute surprises should be expected," Laing said.
Yahoo
17 minutes ago
- Yahoo
3 Key Factors That Make AT&T (T) a Top Pick for 2025
AT&T Inc. (NYSE:T) is one of the Best Stocks to Buy for Dividends. Ken Wolter / In recent years, the company has moved away from non-core businesses such as DirecTV and Time Warner, refocusing on its core operations in wireless and fiber connectivity. This renewed focus allows the company to better meet growing customer expectations for faster and more dependable service. As a result, profit margins have improved, cash flow has shown consistent growth, and the company has reduced its debt by $45 billion since John Stankey became CEO in July 2020. Secondly, AT&T Inc. (NYSE:T) typically competes in a limited field, mainly with Verizon and T-Mobile in wireless, and smaller regional players in cable. With few rivals able to match its scale, the company benefits from long-term stability. Its continued investment in fiber strengthens this advantage. As telecom remains essential to daily life, AT&T is well-positioned for lasting success through 2030 and beyond. In addition, AT&T Inc. (NYSE:T) maintains a solid cash position, providing enough support for its dividend payments. Over the past twelve months, the company generated $40.2 billion in operating cash flow and $14.4 billion in levered free cash flow. Although investors may hope for higher free cash flow to cover capital spending, reduce debt, or raise dividends, the current levels are sufficient to maintain the company's existing dividend. AT&T Inc. (NYSE:T) currently offers a quarterly dividend of $0.2775 per share and has a dividend yield of 3.98%, as of June 25. While we acknowledge the potential of T as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data