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How can my stock losses be used to lower taxes? Sep 17th
Q. I just received a report from my brokerage noting the value of one of my investments was cut in half. Can this loss report be used to lower taxes and how does that work? I understand there is also a specific form used for Canada Revenue, but I’m not sure which ones I need. Thanks, Lesli.... More »
At the open: TSX rises amid broad-based gains, HBC jumps + MORE Oct 24th
Dow starts at record on strong earnings
.... More »
David Olive: BlackBerry stock popped while CAE dropped — here are this week’s corporate winners and losers + MORE Jan 25th
Stock surges and setbacks for the week ending Jan. 22.... More »
So you fell short of your financial goals in 2025—here’s how to do better Dec 26th
Did you fall behind on your financial goals for 2025? If so, you’re not alone. According to a survey by online estate planning platform Willful, 58% of Canadians reported postponing financial tasks they’d earmarked for the year, such as paying down debt, contributing to registered savings and in.... More »
What some of Canada’s top founders and entrepreneurs learned in 2016 + MORE Dec 19th
Disruption requires understanding
“In applying to become a national stock exchange in the U.S., IEX faced a very tough process to be approved by the Securities and Exchange Commission (SEC). The New York Stock Exchange and NASDAQ were fighting against us and the institutional investors that s.... More »
At midday: TSX dips despite jump in materials stocks
– theglobeandmail.com
Wall Street falls as earnings from some big names disappoint
Apple Inc. will report fourth-quarter and full-year earnings after the close of trading Tuesday, with analysts expecting the tech giant to report a third straight quarterly revenue drop and its first drop in annual revenue in 15 years.
GM reports record 3Q earnings despite slowing US sales
– canadianbusiness.com
DETROIT – General Motors doesn’t seem too worried about slowing U.S. auto sales or economic troubles in Europe. If third-quarter numbers are any indication, the company has numbers to back that up.
The Detroit automaker reported a record profit on Tuesday that doubled results in the third quarter a year ago. And the automaker put a little more swagger behind its full-year guidance, predicting pretax earnings at the high end of previous forecasts of $5.50 to $6 per share.
GM earned $2.77 billion, or $1.76 per share, compared with $1.36 billion, or 84 cents per share a year ago. Revenue hit a record $42.8 billion.
The performance is largely because the company shunned low-profit sales to rental car companies in the U.S., keeping prices and profits high. GM also made $500 million off its Chinese joint venture and reduced losses by about $100 million each in Europe and South America.
“Very much on track to deliver the performance that we promised at the beginning of the year, which is higher profit, higher margins,” Chief Financial Officer Chuck Stevens said…
The Detroit automaker reported a record profit on Tuesday that doubled results in the third quarter a year ago. And the automaker put a little more swagger behind its full-year guidance, predicting pretax earnings at the high end of previous forecasts of $5.50 to $6 per share.
GM earned $2.77 billion, or $1.76 per share, compared with $1.36 billion, or 84 cents per share a year ago. Revenue hit a record $42.8 billion.
The performance is largely because the company shunned low-profit sales to rental car companies in the U.S., keeping prices and profits high. GM also made $500 million off its Chinese joint venture and reduced losses by about $100 million each in Europe and South America.
“Very much on track to deliver the performance that we promised at the beginning of the year, which is higher profit, higher margins,” Chief Financial Officer Chuck Stevens said…
Is your mortgage leaving you house poor?
– theglobeandmail.com
The Globe's Real Life Ratio is an answer to the self-interested housing affordability calculators offered by banks and the real estate industry
Apple’s earnings are imminent. Here's what to expect
– theglobeandmail.com
Tech giant’s fourth-quarter results will give the first major clues on how consumers responded to the new device
