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The best GIC rates in Canada for 2024 May 27th
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The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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Investing lessons from the pandemic Dec 10th
Congratulations everyone: This year is finally coming to an end! Let’s hope 2020 has been a once-in-a-century anomaly and that we can all get back to eating at restaurants and travelling across borders soon.
And while we would be happy to forget the last 12 months, it wasn’t all for naught—m.... More »
Sales up, prices down in GTA housing market Oct 6th
Toronto-area home sales rose in September while prices continued to decline, as the city’s real estate board says the market could continue heating up amid ample choice and lower borrowing costs.
The Toronto Regional Real Estate Board said the 5,592 homes sold last month was up 8.5% from Se.... More »
Buying your first car in Canada: Insider tips from a salesperson + MORE Dec 11th
Buying a car is a major financial decision, possibly the biggest purchase you’ll ever make besides buying a home. Monthly housing costs should not take up more than 32% of your gross household income. Your car budget, while much smaller, could still be as high as 10%. And with Canada’s increasin.... More »
Toronto Real Estate Board sues listings website Mongohouse for $2.1M Oct 5th
The Toronto Real Estate Board is suing property listings website Mongohouse for $2 million, alleging that the anonymously-run page is illegally accessing, copying and distributing proprietary data..... More »
Macy's tops 1Q profit forecasts – Montreal Gazette
– news.google.ca
USA TODAYMacy's tops 1Q profit forecastsMontreal GazetteCINCINNATI – CINCINNATI (AP) _ Macy's Inc. (M) on Wednesday reported fiscal first-quarter profit of $116 million. The Cincinnati-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs, came to 40 cents …Macy's Pares Forecasts as Sales Slump AcceleratesWall Street JournalMacy's Q1 sales tank on weak tourist spendingUSA TODAYMacy's, Inc. Reports First Quarter Earnings Per Share of 37 Cents (40 Cents as Adjusted)Digital JournalFinancial Times -Fortune -CNBC -Business Insiderall 25 news articles »
Canadian Solar raises 2016 revenue estimate, says Q1 decline less than expected
– canadianbusiness.com
TORONTO – Canadian Solar Inc. reported first-quarter results that were better than anticipated and senior executives said they expect stronger module shipments as the year progresses.
As a result, the Ontario-based company raised its 2016 annual revenue estimate on Wednesday by US$100 million to a range between US$3.0 billion and US$3.2 billion.
The revised outlook and above-estimate first-quarter results helped revive Canadian Solar’s battered Nasdaq-listed stock before markets opened.
Canadian Solar stock was up 12 per cent from the previous Nasdaq close, gaining $1.93 to US$17.39 as the company held its quarterly conference call with analysts..
However, the stock is worth less than half its 52-week high of US$40, set a year ago, and near a 52-week low of US$14.16.
Based in Guelph, Ont., Canadian Solar manufactures solar modules, constructs utility-scale solar electricity plants and operates power-generating plants with 437.5 megawatts of potential annual output.
Its revenue for the first quarter, which Canadian Solar reports in U…
As a result, the Ontario-based company raised its 2016 annual revenue estimate on Wednesday by US$100 million to a range between US$3.0 billion and US$3.2 billion.
The revised outlook and above-estimate first-quarter results helped revive Canadian Solar’s battered Nasdaq-listed stock before markets opened.
Canadian Solar stock was up 12 per cent from the previous Nasdaq close, gaining $1.93 to US$17.39 as the company held its quarterly conference call with analysts..
However, the stock is worth less than half its 52-week high of US$40, set a year ago, and near a 52-week low of US$14.16.
Based in Guelph, Ont., Canadian Solar manufactures solar modules, constructs utility-scale solar electricity plants and operates power-generating plants with 437.5 megawatts of potential annual output.
Its revenue for the first quarter, which Canadian Solar reports in U…
The new reason people hate banks
– moneysense.ca
An ongoing trend of the past two years shows that investment-related complaints are decreasing while banking-services gripes have surged, according to the Ombudsman for Banking Services and Investments. Eliminating the backlog of cases amassed after the financial crisis explains the drop in investment beefs. As for the increased sounding off about banking services complaints, mortgage grievances factor large—namely, prepayment penalties and cases where the bank refused portability. Always read your mortgage terms carefully.
Source: OBSI 2015 Annual Report
The post The new reason people hate banks appeared first on MoneySense.
BBC NewsCameron praises Nigeria and Afghanistan's corruption actionBBC NewsNigeria and Afghanistan have taken "remarkable steps forward" on corruption, David Cameron told MPs – a day after calling the countries "fantastically corrupt". The PM said the countries' leaders were "battling hard" to tackle the problem. It comes …Nigerian president hits back after Cameron gaffeFinancial TimesWas David Cameron's corruption remark really a gaffe?The Guardian (blog)After British corruption slip, Nigeria demands stolen assets backReuters CanadaBT.com -Chicago Tribune -Daily Mail -The Conversation UKall 348 news articles »
Hydrogenics reports 1st-quarter loss but tops expectations
– canadianbusiness.com
MISSISSAUGA, Ont. – MISSISSAUGA, Ontario (AP) _ Hydrogenics Corp. (HYGS) on Wednesday reported a loss of $2.4 million in its first quarter.
On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 19 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The hydrogen fuel cell maker posted revenue of $4.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $7.2 million.
Hydrogenics shares have fallen 7.5 per cent since the beginning of the year. The stock has fallen 27 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HYGS at http://www.zacks.com/ap/HYGS
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Keywords: Hydrogenics, Earnings Report
The post Hydrogenics reports 1st-quarter loss but tops expectations appeared first on Canadian Business – Your Source For Business News.
On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 19 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The hydrogen fuel cell maker posted revenue of $4.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $7.2 million.
Hydrogenics shares have fallen 7.5 per cent since the beginning of the year. The stock has fallen 27 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HYGS at http://www.zacks.com/ap/HYGS
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Keywords: Hydrogenics, Earnings Report
The post Hydrogenics reports 1st-quarter loss but tops expectations appeared first on Canadian Business – Your Source For Business News.
