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A breakdown of the big Canadian banks’ third-quarter earnings so far - The Globe and Mail + MORE Aug 27th
A breakdown of the big Canadian banks’ third-quarter earnings so far The Globe and MailBMO, Scotiabank top earnings forecasts but sound wary note for road ahead The Globe and MailTSX scales new peak, lifted by robust bank earnings ca.finance.yahoo.com'Uncertainty m.... More »
Vancouver cannabis company wins lottery for POT stock symbol, stock rises 137% Feb 1st
The chief executive of cannabis company Weekend Unlimited Inc. says winning the POT stock ticker lottery was a 'wonderful surprise' for the small company which is hoping the catchy symbol will help it stand out in the sector..... More »
Live updates: Election results and balance of power in Congress - CNN + MORE Nov 9th
Live updates: Election results and balance of power in Congress CNNGlobal National: Nov. 8, 2022 | A deeply divided America votes in midterms Global News2022 midterms live updates: Latest election news from AP Toronto StarU.S. midterm elections: When will we know who.... More »
What it takes to retire at 45 + MORE Feb 6th
Q: I’m 27 years old with a relatively healthy income of around $125,000. I’m aiming to get on the early retirement track with any luck and retire around the age of 45.
I’ve been aggressively in the investing game for a few years now and have been putting money into my RRSP, which now has a bal.... More »
Weekend Reading – Money revelations, value stocks, avoiding home ownership and more + MORE Sep 17th
Learn, save, invest and prosper with My Own Advisor.
Welcome to a new Weekend Reading edition friends. I hope the back end of the summer is treating you well. Earlier this week I shared this financial goals update. We’re on vacation thanks to some savings we started many months ago.
For .... More »
Debt to total assets
– theglobeandmail.com
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Valeant’s new CEO holds first annual meeting since taking over drug company
– canadianbusiness.com
LAVAL, Que. – Valeant’s new chairman and CEO will be sharing his turnaround plan directly with shareholders today at his first annual meeting since assuming leadership of the embattled drug company in late April.
Joseph Papa says he has developed a stabilization plan that the Quebec-based company will pursue over the next three to six months before turning his attention to reviving Valeant’s long-term fortunes.
And, according to Papa, cutting the company’s US$30 billion in debt will be job one.
Papa, a veteran pharmaceutical executive, says he’s looking to sell non-core assets, but plans to keep Bausch & Lomb and Salix, as well as its dermatology, gastrointestinal and consumer products operations.
One of the first items on the sale block is expected to be Egypt-based drugmaker Amoun Pharmaceuticals, purchased last fall for US$850 million.
Its sales have dropped by a third and its top drug slipped off Valeant’s 30 best-sellers list in the first quarter…
Joseph Papa says he has developed a stabilization plan that the Quebec-based company will pursue over the next three to six months before turning his attention to reviving Valeant’s long-term fortunes.
And, according to Papa, cutting the company’s US$30 billion in debt will be job one.
Papa, a veteran pharmaceutical executive, says he’s looking to sell non-core assets, but plans to keep Bausch & Lomb and Salix, as well as its dermatology, gastrointestinal and consumer products operations.
One of the first items on the sale block is expected to be Egypt-based drugmaker Amoun Pharmaceuticals, purchased last fall for US$850 million.
Its sales have dropped by a third and its top drug slipped off Valeant’s 30 best-sellers list in the first quarter…
Goldman Sachs analyst collapses, dies after triathlon
– canadianbusiness.com
STAMFORD, Conn. – Authorities are investigating after an investment banking analyst at Goldman Sachs collapsed and died after participating in a weekend triathlon in Connecticut.
Police tell the Stamford Advocate (http://bit.ly/1rnwLZu ) that 24-year-old Samuel Fisher collapsed about 10:30 a.m. Sunday after receiving his medal for participating in the KIC IT Triathlon in Stamford.
Medics on scene started working on Fisher immediately and he was taken to the hospital where he died.
Police are investigating and an autopsy is being performed to determine the cause of death.
Police say Fisher grew up in Newton, Massachusetts, graduated from Harvard University and was living and working in New York City.
Goldman Sachs said in a statement it was “deeply saddened by the loss of our colleague Samuel Fisher.”
___
Information from: The Advocate, http://www.stamfordadvocate.com
The post Goldman Sachs analyst collapses, dies after triathlon appeared first on Canadian Business – Your Source For Business News.
Police tell the Stamford Advocate (http://bit.ly/1rnwLZu ) that 24-year-old Samuel Fisher collapsed about 10:30 a.m. Sunday after receiving his medal for participating in the KIC IT Triathlon in Stamford.
Medics on scene started working on Fisher immediately and he was taken to the hospital where he died.
Police are investigating and an autopsy is being performed to determine the cause of death.
Police say Fisher grew up in Newton, Massachusetts, graduated from Harvard University and was living and working in New York City.
Goldman Sachs said in a statement it was “deeply saddened by the loss of our colleague Samuel Fisher.”
___
Information from: The Advocate, http://www.stamfordadvocate.com
The post Goldman Sachs analyst collapses, dies after triathlon appeared first on Canadian Business – Your Source For Business News.
OTTAWA — Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter.
The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth quarter of last year.
That means households held $1.65 in credit market debt for every dollar of disposable income.
Statistics Canada says disposable income and household credit market debt increased at nearly the same rate in the quarter.
The report also says household sector net worth rose 1.2 per cent in the first quarter to $9.633 trillion, driven by gains in the value of real estate.
Total household credit market debt, which includes consumer credit, and mortgage and non-mortgage loans, totalled $1.933 trillion at the end of the first quarter.
The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth quarter of last year.
That means households held $1.65 in credit market debt for every dollar of disposable income.
Statistics Canada says disposable income and household credit market debt increased at nearly the same rate in the quarter.
The report also says household sector net worth rose 1.2 per cent in the first quarter to $9.633 trillion, driven by gains in the value of real estate.
Total household credit market debt, which includes consumer credit, and mortgage and non-mortgage loans, totalled $1.933 trillion at the end of the first quarter.
The post Key measure of Canadian household debt little changed in first quarter appeared first on Macleans.ca.
Key measure of Canadian household debt little changed in first quarter
– canadianbusiness.com
OTTAWA – Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter.
The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth quarter of last year.
That means households held $1.65 in credit market debt for every dollar of disposable income.
Statistics Canada says disposable income and household credit market debt increased at nearly the same rate in the quarter.
The report also says household sector net worth rose 1.2 per cent in the first quarter to $9.633 trillion, driven by gains in the value of real estate.
Total household credit market debt, which includes consumer credit, and mortgage and non-mortgage loans, totalled $1.933 trillion at the end of the first quarter.
The post Key measure of Canadian household debt little changed in first quarter appeared first on Canadian Business – Your Source For Business News.
The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth quarter of last year.
That means households held $1.65 in credit market debt for every dollar of disposable income.
Statistics Canada says disposable income and household credit market debt increased at nearly the same rate in the quarter.
The report also says household sector net worth rose 1.2 per cent in the first quarter to $9.633 trillion, driven by gains in the value of real estate.
Total household credit market debt, which includes consumer credit, and mortgage and non-mortgage loans, totalled $1.933 trillion at the end of the first quarter.
The post Key measure of Canadian household debt little changed in first quarter appeared first on Canadian Business – Your Source For Business News.
