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Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion - Reuters + MORE Nov 14th
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion ReutersOvintiv consolidates holdings with $3.3-billion Montney buy, $2.8-billion Uinta sale The Globe and MailParamount Resources Ltd. announces $3.325 billion asset sale BOE ReportOvintiv is .... More »
Lawyers for Ghislaine Maxwell propose $28.5M bail package, including armed guards - Global News + MORE Dec 15th
Lawyers for Ghislaine Maxwell propose $28.5M bail package, including armed guards Global NewsGhislaine Maxwell proposes $28.5M bail package, secured by all of her and her husband's assets National PostGhislaine Maxwell proposes $28.5M bail package Toronto SunGhislain.... More »
3 Canadian stock to own in Feb 2022 Feb 1st
Many popular growth stocks have fallen more than 20 percent or more over the past few weeks. However, assuming a company’s business is intact, volatility over the short term could turn into long-term wealth if investors keep a level head.
If you’re trying to take advantage of this drop.... More »
S&P/TSX composite index hits record closing high + MORE Jun 20th
Canada's main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market..... More »
When to watch out for OAS clawbacks Mar 14th
Beware of the clawback!(Shutterstock)
Q: I have been trying to find out how much extra income a person can earn without having to report the income while drawing OAS and CPP.
I have tried looking this up online, but every site I have been to wants to charge me just to get the answer or does not answ.... More »
The era of real estate agents guarding coveted sales data may be coming to an end, at least in Toronto. That’s what some brokers predict, and in anticipation they’re readying to release online once-protected industry information — namely, the actual selling price of homes.
CBC.caPanama Papers reveal middlemen between Canada and offshore secretsCBC.caA former lawyer whose business handled 1,167 offshore companies. A man who lied his way through a top job at the Alberta legislature and a dizzying stint as an offshore financial guru before landing in prison for fraud. A Toronto company that says it …The secrecy specialists behind Panama Papers' Canadian offshore dealingsToronto StarPanama Papers report alleges New Zealand prime place for rich to hide moneyThe Globe and MailPanama Papers: Secret offshore world feeds global inequalityIrish TimesChicago Tribune -ZDNet -USA TODAY -Daily Mailall 449 news articles »
National Bank pays US$130 million to buy majority stake in Cambodian bank
– canadianbusiness.com
MONTREAL – National Bank of Canada has paid $130 million to increase its ownership in a Cambodian bank to 90 per cent.
The Montreal-based company (TSX:NA) had previously owned 42 per cent of ABA Bank, or Advanced Bank of Asia.
It estimates that ABA Bank will add 17 cents to its diluted earnings per share for its 2016 financial year, which ends Oct. 31.
That includes a gain of 12 cents per share from a re-valuation of its earlier investments in ABA Bank.
ABA bank has 1,300 employees and 35 branches that manage US$925 million in assets for individual and business clients.
The post National Bank pays US$130 million to buy majority stake in Cambodian bank appeared first on Canadian Business – Your Source For Business News.
The Montreal-based company (TSX:NA) had previously owned 42 per cent of ABA Bank, or Advanced Bank of Asia.
It estimates that ABA Bank will add 17 cents to its diluted earnings per share for its 2016 financial year, which ends Oct. 31.
That includes a gain of 12 cents per share from a re-valuation of its earlier investments in ABA Bank.
ABA bank has 1,300 employees and 35 branches that manage US$925 million in assets for individual and business clients.
The post National Bank pays US$130 million to buy majority stake in Cambodian bank appeared first on Canadian Business – Your Source For Business News.
Takata expects to sink into loss, instead of posting profit
– canadianbusiness.com
TOKYO – Japanese auto parts maker Takata Corp. is expecting a loss instead of a profit for the fiscal year that ended in March because of ballooning costs from a massive global air-bag recall.
Tokyo-based Takata, which is set to give its earnings report Wednesday, said Monday it is projecting an annual net loss of 13 billion yen ($120 million). The Japanese manufacturer, which also makes seat belts, had earlier forecast a profit of 5 billion yen ($46 million). It had racked up a loss of 29.6 billion yen the previous fiscal year.
The U.S. National Highway Traffic Safety Administration said last week that it’s adding up to 40 million Takata air bags to the ongoing recall of 28.8 million air bags.
Inflators inside the air bags can explode with too much force and spew shrapnel into the vehicle. The inflators are responsible for at least 11 deaths worldwide and more than 100 injuries.
It is still unknown exactly how many air bag inflators have to be recalled globally as each automaker must deal with the the latest NHTSA decision…
Tokyo-based Takata, which is set to give its earnings report Wednesday, said Monday it is projecting an annual net loss of 13 billion yen ($120 million). The Japanese manufacturer, which also makes seat belts, had earlier forecast a profit of 5 billion yen ($46 million). It had racked up a loss of 29.6 billion yen the previous fiscal year.
The U.S. National Highway Traffic Safety Administration said last week that it’s adding up to 40 million Takata air bags to the ongoing recall of 28.8 million air bags.
Inflators inside the air bags can explode with too much force and spew shrapnel into the vehicle. The inflators are responsible for at least 11 deaths worldwide and more than 100 injuries.
It is still unknown exactly how many air bag inflators have to be recalled globally as each automaker must deal with the the latest NHTSA decision…
Seeking AlphaSilver Wheaton Declares Second Quarterly Dividend Payment for 2016The ProvinceVANCOUVER, May 9, 2016 /CNW/ – Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW) (NYSE:SLW) is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2016 of US$0.05 per …Silver Wheaton misses 1Q profit and revenue expectationsMontreal Gazetteall 10 news articles »
