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Trump’s bulldozer diplomacy meets Canada’s pipeline politics + MORE Jan 25th
President Donald Trump signs an executive order on the Keystone XL pipeline, Tuesday, Jan. 24, 2017, in the Oval Office of the White House in Washington. (AP Photo/Evan Vucci)
When the Trudeau government gave the thumbs-up in November to Enbridge’s Line 3 pipeline replacement and Kinder Morgan’s.... More »
How to teach your adult child the financial skills they need to thrive — even when they’re living at home Oct 7th
Insist on at least one credit card so they can begin building solid credit scores. Of course, using it responsibly is key..... More »
June 2017 Dividend Income Update + MORE Jul 18th
Save, invest, prosper with My Own Advisor.
June 2017 Dividend Income Update Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing using Canadian dividend paying stocks and Exchange Traded Funds (ETFs), and how .... More »
Andrew Scheer's experience in the insurance industry: '6 or 7 months' - CBC.ca Sep 30th
Andrew Scheer's experience in the insurance industry: '6 or 7 months' CBC.caScheer accused of breaking law, falsely claiming he was once an insurance broker National PostAndrew Scheer Defends Views On Pride Parades, Climate Change On Popular Quebec TV Show HuffPost C.... More »
Is AI coming for my job? + MORE May 8th
Nearly two years after ChatGPT asked “Hello! How can I assist you today?”, a majority of Canadians worry the latest wave of artificial intelligence (AI) will replace jobs done by human workers. In a February survey by Leger, 75% of respondents held this view. The overwhelming consensus is that A.... More »
National PostRussia, Turkey agree on Syria Pact, avert split over envoy deathNational PostRussia and Turkey said they'd renew a push to resolve the Syrian war and fight terrorism, as they insisted their improved relationship won't be derailed by the murder of the Russian ambassador in Ankara. The foreign ministers of Russia, Turkey and Iran …Photojournalist recalls capturing dramatic images of assassination of Russian ambassador to Turkey, Andrey KarlovGlobalnews.caTurkey and Russia probe slaying of ambassador in Ankara galleryThe Globe and MailRussia, Iran, Turkey ready to broker Syria deal as hundreds more evacuate AleppoToronto StarEdmonton Journal -Wall Street Journal -Daily Mail -TIMEall 2,482 news articles »
These two charts suggest bank stock rally has plenty of life yet
– theglobeandmail.com
Price-to-book value has been an excellent predictor of future bank-stock performance
Former Amaya CEO David Baazov walks away from bid to buy Montreal gaming company
– canadianbusiness.com
MONTREAL _ David Baazov, the founder and former CEO of Amaya, is walking away from his bid to acquire the Montreal gaming company.
Baazov had proposed buying out other shareholders of Amaya Inc. (TSX:AYA) for $24 per share.
But he says it became clear during discussions that the share price premium some shareholders wanted exceeded what he and his investors were willing to offer.
As recently as Nov. 25, Baazov said in a U.S. regulatory filing that he had US$3.45 billion in committed financing for a takeover of Amaya, which owns PokerStars and other online casino games.
Baazov, who owns about 17 per cent of Amaya stock, had first indicated his plan to take Amaya private early this year before Quebec’s securities regulator laid five charges against him in March, including communicating privileged information.
He has pleaded not guilty to all the charges and the case is currently before the courts.
The post Former Amaya CEO David Baazov walks away from bid to buy Montreal gaming company appeared first on Canadian Business – Your Source For Business News.
Baazov had proposed buying out other shareholders of Amaya Inc. (TSX:AYA) for $24 per share.
But he says it became clear during discussions that the share price premium some shareholders wanted exceeded what he and his investors were willing to offer.
As recently as Nov. 25, Baazov said in a U.S. regulatory filing that he had US$3.45 billion in committed financing for a takeover of Amaya, which owns PokerStars and other online casino games.
Baazov, who owns about 17 per cent of Amaya stock, had first indicated his plan to take Amaya private early this year before Quebec’s securities regulator laid five charges against him in March, including communicating privileged information.
He has pleaded not guilty to all the charges and the case is currently before the courts.
The post Former Amaya CEO David Baazov walks away from bid to buy Montreal gaming company appeared first on Canadian Business – Your Source For Business News.
Monte Paschi failing to lure investors as deadline looms, sources say
– theglobeandmail.com
Qatar’s sovereign-wealth fund, which had considered an investment, hasn’t yet committed to buying shares, while a second debt-for-equity swap has raised about €500-million through Tuesday, a day before it expires
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