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SemGroup seeks to carve out bigger niche in Canada with $500-million investment + MORE Oct 1st
U.S. company, known for transporting, storage and processing oil and gas, could jettison its asphalt business in Mexico as it looks to expand its footprint in Alberta, British Columbia
.... More »
Swiss bank UBS in Hong Kong investigation for IPO work + MORE Oct 28th
HONG KONG – Swiss bank UBS says it’s being investigated by Hong Kong regulators over its work on some initial public offerings on the southern Chinese financial centre’s stock market.
UBS also said Friday that the city’s Securities and Futures Commission notified it this mont.... More »
10 shared traits of value investors Jan 28th
Image by Jake Rustenhoven
The truly great value investors are often copied, but their results are rarely duplicated. Do you have what it takes to be a successful value investor?
It’s a simple question, but Michael van Biema, the founder and chief investment officer of van Biema Value Partn.... More »
Coworking space demand soars as career patterns shift, firms cut costs + MORE Oct 27th
A deal between one of Canada’s oldest retailers and a fast-growing U.S. startup that wants to convert portions of its flagship stores into shared offices is the latest evidence that coworking spaces are increasingly hot properties _ and demand for retail real estate is cooling.
This week, Huds.... More »
Your Next Home May Be in the Metaverse Jul 7th
Krista Kim’s dream home didn’t exist, so she built it herself—in the metaverse. In 2020, cooped up with her two kids in a Toronto condo during the Covid lockdown, the digital artist began designing her perfect escape, leaving no detail overlooked. She sketched out a glassed-walled bungalow vil.... More »
Alphabet tops Street 3Q forecasts
– canadianbusiness.com
MOUNTAIN VIEW, Calif. – MOUNTAIN VIEW, Calif. (AP) _ Alphabet Inc. (GOOGL) on Thursday reported third-quarter net income of $5.06 billion.
On a per-share basis, the Mountain View, California-based company said it had net income of $7.25. Earnings, adjusted for stock option expense, were $9.06 per share.
The results topped Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $8.58 per share.
The Internet search leader posted revenue of $22.45 billion in the period. After subtracting Alphabet’s advertising commissions, revenue was $18.27 billion, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $17.91 billion.
Alphabet shares have risen 5 per cent since the beginning of the year, while the Standard & Poor’s 500 index has risen slightly more than 4 per cent. In the final minutes of trading on Thursday, shares hit $817.35, an increase of 12 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights…
On a per-share basis, the Mountain View, California-based company said it had net income of $7.25. Earnings, adjusted for stock option expense, were $9.06 per share.
The results topped Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $8.58 per share.
The Internet search leader posted revenue of $22.45 billion in the period. After subtracting Alphabet’s advertising commissions, revenue was $18.27 billion, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $17.91 billion.
Alphabet shares have risen 5 per cent since the beginning of the year, while the Standard & Poor’s 500 index has risen slightly more than 4 per cent. In the final minutes of trading on Thursday, shares hit $817.35, an increase of 12 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights…
The close: Energy stocks help end TSX's slide
– theglobeandmail.com
British data prompts global bond sell-off; oil rises
LinkedIn tops Street 3Q forecasts
– canadianbusiness.com
MOUNTAIN VIEW, Calif. – MOUNTAIN VIEW, Calif. (AP) _ LinkedIn Corp. (LNKD) on Thursday reported third-quarter net income of $8.6 million, after reporting a loss in the same period a year earlier.
The Mountain View, California-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, were $1.18 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The online professional networking company posted revenue of $959.8 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $959.5 million.
LinkedIn shares have fallen 16 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $188.63, a drop of 10 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…
The Mountain View, California-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, were $1.18 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The online professional networking company posted revenue of $959.8 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $959.5 million.
LinkedIn shares have fallen 16 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $188.63, a drop of 10 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…
Why a prenup is a smart investment
– moneysense.ca
TORONTO – A romantic proposal or an invitation to move in with a partner may seem like an awkward time to start planning for a smooth divorce. But with nearly half of Canadian marriages ending before death does couples part, a pre-nup can help individuals emerge from breakups financially unscathed.Slightly more than 43 per cent of couples married in 2008 will divorce before reaching their 50th anniversary, according to Statistics Canada, which stopped providing information on the country’s divorce rate after that year.
“Why wouldn’t we do some advance planning?” asks Michael G. Cochrane, a partner at Brauti Thorning Zibarras in Toronto and author of “Surviving Your Divorce: A Guide to Canadian Family Law.”
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Marriage agreements are called pre-nuptials if signed before the legal marriage ceremony…
Use Halloween to help your kids learn about money
– moneysense.ca
Halloween is a hectic time for parents and an exciting one for kids. Costumes and candy! What could be better? How about some financial literacy? Sounds like a bummer, but this October 31, see if you can use the spooky celebration to instil your little ones with some key financial concepts. Here are some tips from Kelley Keehn, personal finance expert and author of The Prosperity Factor for Canadian Kids..cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}Should you hand out whole candy bars this Halloween?
All those bite-sized candies could be a great way to preach the virtues of delayed gratification, says Keehn. Teach your kid about the value of saving those Caramilks and spreading them out, savouring them, so they last them well into December. “It’s like how we’d be mindful with our money…delayed gratification is a good thing and it’s smart when it comes to candy…
